24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Romania Sells RON298M 6-Month Bills At 6.7% Average Yield
Romania’s Finance Ministry on Monday sold six-month treasury bills worth 297.5 million lei (EUR68.8 million), at an average yield of 6.69% a year.
Bucharest Radisson Blu's Owner Borrows EUR71.5M To Refinance Debts
Romanian hotel operator Bucuresti Turism (BUTU.RO) has accessed a EUR71.5 million loan from Raiffeisen Bank International to refinance outstanding debts and repay a loan granted by its major...
Romania Forex Reserves Rise To EUR33.6B In September
Romanian foreign exchange reserves rose to EUR33.62 billion in September from EUR32.55 billion a month earlier, central bank data showed Monday.
Leu Up Vs Euro, Exchange Rate At 4.3222
Romania’s leu extended early gains versus the euro by midday Monday and the central bank’s reference strengthened 0.7% to 4.3222 units, from a 15-month low of 4.3533 units in the previous se...
Romania Plans To Sell RON4.2B Treasuries In October
Romania’s Finance Ministry plans to sell state paper worth 4.2 billion lei (roughly EUR965 million) in October, up from RON3.13 billion sold a month earlier, ministry data showed Friday.
EBRD Extends EUR13.4M Loan To Improve Water Infrastructure In Dambovita County
The European Bank for Reconstruction and Development will extend a loan of EUR13.4 million equivalent to Romanian Compania de Apa Targoviste-Dambovita to upgrade and expand its water service...
Leu Exchange Rate Slides Further To 4.3533 Vs Euro
Romania’s leu traded near 4.35 per euro by midday Friday and the central bank’s reference fell 0.7% on the day to a fresh 15-month low of 4.3533 units.
IMF To Halve Romania’s 2012 GDP Growth Forecast On European Worries
The International Monetary Fund is likely to revise down its growth forecast on Romanian economy to around 2% in 2012, from 3.5% presently, due to deteriorating conditions in European market...
IMF: Political Pressures Could Weaken Romania Reform Process
The pace of reforms in Romania has slowed down in the last three months, particularly regarding the privatization of state-owned companies, and the International Monetary Fund is concerned t...
Bucharest Stocks Down In Early Trade On Low Volumes
Bucharest shares were mostly lower Friday morning, in line with international markets and amid scarce liquidity.
Leu Opens Down Vs Euro, Attuned To Region
Romania’s leu retreated to 4.35 against the euro Friday morning, amid mounting woes over the sovereign debt crisis in the euro zone as investors are not persuaded the EU leaders can come wit...
IMF: Romania To Step Up EU Funds Absorption, State Companies Reform
Romania has made good progress in reaching its economic and financial indicators under a EUR3.5 billion loan agreement with the International Monetary Fund, but further reforms are needed to...