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24658

Florentina Dragu

Translator RO-EN

Fields
Capital Market, Banks-Insurance, Energy
Writing for ZF since
0201
Articles
6.106
Capital Market

Leu Strengthens Vs Euro, In Line With Neighbors

Romania’s leu gained modestly against the euro Monday, tracking the currencies in the region, and closed 0.17% stronger at 4.32/4.323 units, from 4.3275/4.33 units in the previous session.

Florentina Dragu · 24.10.2011 · 17:03 · 1 min
Banks-Insurance

Romania Sells RON735.6M 1-Year T-Bills At 6.8% Average Yield

Romania’s Finance Ministry on Monday sold 735.6 million lei (EUR170.1 million) in one-year treasury bills, below the planned amount, at an average yield of 6.82% a year, barely changed from...

Florentina Dragu · 24.10.2011 · 15:33 · 1 min
Banks-Insurance

BNR Lends RON225M To Local Bank

The Romanian central bank Monday lent 225 million lei (EUR52 million) to a local bank in a seven-day repurchase agreement operation at an interest rate of 6.25% a year, equal to the monetary...

Florentina Dragu · 24.10.2011 · 15:22 · 1 min
Capital Market

Leu Up Vs Euro, Exchange Rate At 4.323

Romania’s leu edged higher against the euro by midday Monday and the central bank’s reference gained 0.15% to 4.323 units, from 4.3295 units in the previous session.

Florentina Dragu · 24.10.2011 · 13:24 · 1 min
Antibiotice Sees 36% Higher Exports To US In 2012
Health

Antibiotice Sees 36% Higher Exports To US In 2012

State-owned drugmaker Antibiotice Iasi SA (ATB.RO) estimates its sales on the US market will grow 36% on the year to $4.5 million in 2012, after it has received official authorization to tra...

Florentina Dragu · 24.10.2011 · 13:05 · 1 min
Eurostat: Romania August Industrial Orders Rise At 7th Fastest Pace In EU
Macroeconomics

Eurostat: Romania August Industrial Orders Rise At 7th Fastest Pace In EU

Romanian industrial new orders rose 12.5% in August from the year-earlier month, the seventh biggest growth in the European Union, official data showed Monday.

Florentina Dragu · 24.10.2011 · 12:37 · 1 min
Capital Market

Leu Ends Flat Vs Euro In Quiet Market

Romania’s leu moved in tight ranges against the euro Friday and closed flat on the day at 4.3275/4.33 units, amid low volumes.

Florentina Dragu · 21.10.2011 · 17:12 · 1 min
Macroeconomics

Eurostat Withdraws Reservation On Romania Deficit Data

Eurostat has withdrawn its reservation expressed on the quality of Romania’s data on the budget deficit for the 2007-2010 period and confirmed the October 2011 notification from the eastern...

Florentina Dragu · 21.10.2011 · 16:14 · 1 min
Analysis

ZEW: Romania 6-Month Economic Outlook Worsens In October

Romanian economic outlook for the next six months declined for the fifth consecutive time in October, stripping the country of its top business destination title in the Central and Eastern E...

Florentina Dragu · 21.10.2011 · 14:57 · 1 min
Almunia: Romania GDP Growth Forecast Looking Good
Macroeconomics

Almunia: Romania GDP Growth Forecast Looking Good

Romanian economy has gone through a period of relative stabilization in 2011 and the prospects for next year seem favorable, but the authorities should ensure the predicted growth materializ...

Florentina Dragu · 21.10.2011 · 14:14 · 1 min
Capital Market

Leu In Ranges Vs Euro, Exchange Rate At 4.3295

Romania’s leu traded near 4.33 per euro by midday Friday and the central bank’s reference strengthened modestly to 4.3295 units, from 4.3308 units a day earlier.

Florentina Dragu · 21.10.2011 · 13:54 · 1 min
EU Asks Romania For Clear Commitment On Oltchim Privatization
Energy

EU Asks Romania For Clear Commitment On Oltchim Privatization

The European Commission has asked Romania to make “a clear commitment” and present a privatization calendar for the chemical plant Oltchim SA (OLT.RO), said Joaquin Almunia, Vice-President o...

Florentina Dragu · 21.10.2011 · 13:32 · 1 min