24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Leu’s Exchange Rate Falls To 15-Month Low Of 4.321 Vs Euro
Romania’s leu continued to retreat against the euro by mid trade Wednesday, tracking the currencies in the region, while the central bank’s reference fell 0.2% to 4.321 units, the weakest ra...
Romanian Central Bank Lends RON2.5B To Local Bank In 7-Day Repo
Romanian central bank Wednesday lent 2.5 billion lei (EUR581 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...
BNR Has Scope For Monetary Easing, Former FinMin Says
The lower inflation could give Romania’s central bank enough room to ease its monetary policy rate, even if not by much, analyst and former finance minister Daniel Daianu said Wednesday.
Sanofi Appoints New Country Manager For Romania
French drug maker Sanofi-Aventis has appointed Jacques Nathan as new country manager for Romania, after Dan Ivan announced he would step down due to personal reasons.
Romania Delays Decision On Hidroelectrica Listing
Romanian Economy Ministry put off a decision on whether to list the shares of hydropower generator Hidroelectrica in Bucharest until the government approves a privatization strategy for the...
SIF Banat-Crisana Forced To Call Shareholder Meet On BCR Stake
Romanian securities commission CNVM Tuesday said investment fund SIF Banat-Crisana (SIF1.RO) has 45 days to call a shareholder meeting to present possible strategies for capitalizing its 6%...
Moody’s Sees Romania 5-Year Default Probability At 8.9%
The probability of a Romanian sovereign debt default in the next five years reached 8.9% at the end of last week, after the 12-month risk nearly doubled to 1.35%, from 0.76% in the previous...
Leu Recoups Vs Euro On Positive Sentiment
Romania’s leu recovered early losses against the euro in late trade Tuesday, amid a positive sentiment in the region as EU officials prepare new measures to contain the debt crisis.
BNR: Romania August Overdue Loans Up 2.2% To RON20.2B
Romanian overdue private loans rose 2.2% on the month to 20.18 billion lei (EUR4.68 billion) in August, equal to 9.27% of the total lending, central bank BNR data showed Tuesday.
Economy Ministry Extends Bidding Deadline For Transelectrica SPO Until Oct 6
Romanian Economy Ministry has delayed until October 6 the deadline by which brokers can file bids to run a secondary offering of 15% in state-run power grid operator Transelectrica (TEL.RO),...
Leu Exchange Rate Hits 10-Month Low Of 4.3112 Vs Euro
Romania’s leu fell against the euro by mid trade Tuesday, pushed down by growing orders for foreign currency, and the central bank’s reference weakened 0.3% to 4.3112 units, the lowest rate...
Romania To Select Broker For Tarom IPO October 18
Romanian Transport Ministry will select a broker to help with the public offering of a 20% stake in state-run airline Tarom on October 18, the ministry said Monday.