24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
EBRD Invests EUR8.8M Loan In Water Infrastructure In SE Romania
The European Bank for Reconstruction and Development Wednesday said it will extend a EUR8.8 million loan to public utility company Dunarea SA Braila to improve water services in Braila count...
Leu Widens Gains Vs Euro, Exchange Rate At 4.3045
Romania’s leu extended early gains versus the euro by midday Wednesday and the central bank’s reference strengthened roughly 0.2% to 4.3045 units, the highest rate since end-September.
JPMorgan: Romanian Leu To Gain 3% Vs Euro In Coming Days
Romania’s leu is bound to strengthened by 3% against the euro over the next few weeks as local lenders prepare to transition to international accounting standards and will be exchanging euro...
Franks: Romania, World Bank Could Sign IMF-Like Deal In 2012
The World Bank could provide new aid to Romania in 2012 under a precautionary loan agreement to be accessed in case of emergency, similar to a financial program signed with the International...
Leu Reverses Gains Vs Euro, Ends Slightly Weaker
Romania’s leu lost modestly against the euro in late trade Tuesday and closed at 4.316/4.317 units, from 4.312/4.3145 units a day earlier.
IMF: Romania Central Bank Should Keep Reserve Requirements Unchanged
Romania's central bank should not lower its minimum reserve requirements imposed on commercial lenders in the following period to make sure it has sufficient buffer against potential difficu...
ARB Head: Banks To Lower Interest Rates On Leu-Denominated Facilities In 2012
Romanian banks are likely to reduce interest rates on both deposits and loans in local currency in 2012, the head of the country’s banks association ARB said Tuesday.
Romania To Select Partner For EUR1B Hydropower Plant Next Spring
The Romanian government will select by next spring a partner for its planned 1,000-megawatt hydropower plant in Tarnita-Lapusteti, an investment valued at over EUR1 billion, Prime Minister E...
Leu Exchange Rate Firms To New 2-Month High Of 4.3125 Vs Euro
Romania’s leu lost its earlier gains versus the euro by midday Tuesday, but the central bank’s reference strengthened slightly to 4.3125 units, a new record high in the past two months.
Bucharest Stocks Open Down On Negative Sentiment
Bucharest shares opened lower Tuesday, tracking international stocks amid renewed concern about the euro zone crisis after the European Central Bank indicated it wouldn’t take a more aggress...
Leu Gains Vs Euro In Early Trade
Romania’s leu opened up versus the euro Tuesday, with dealers suspecting lenders have started to sell euros from loan loss provisions as the banking system prepares to transition to the inte...
IMF: Romania Economy On Track, But Risks Increased ‘Considerably’
Romania has made “good progress” under a EUR3.6 billion loan agreement signed with the International Monetary Fund and is on track to meet its 2011 fiscal targets, but the escalation of the...