24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Isarescu: Political Consensus, Intermediary Steps Needed For Euro Adoption
Romanian central bank governor Mugur Isarescu Tuesday said joining the euro area by the government’s self-imposed deadline in 2019 is an ambitious goal, which cannot be accomplished without...
Leu Ends Flat Vs Euro In Quiet Trading
Romania’s leu showed little movement against the euro in a quiet market Tuesday to finish the session at 4.4385/4.44 units, little changed from 4.4375/4.4405 units a day earlier.
BNR Cuts 2014 Inflation Forecast To 3.3%
Romania’s central bank (BNR) Tuesday revised slightly down its inflation forecast to 3.3% this year from 3.5% previously and said inflationary pressures are expected to remain at moderate le...
CEC Bank Head Says Finance Ministry Will Decide His Future
Romanian CEC Bank’s chief executive Radu Ghetea on Tuesday declined to comment about his possible replacement and said his future is in the hands of the Finance Ministry, the sole shareholde...
CEC Bank’s Chief: Romanian Lending Showing Signs Of Recovery
Romanian lending is showing signs of recovery, with banks reporting increased demand for both business and consumer loans, CEC Bank’s president Radu Ghetea said Tuesday.
Leu Steady Vs Euro, Exchange Rate At 4.4411
The Romanian leu held steady against the euro by midday Tuesday and the central bank set a reference rate for the local currency of 4.4411 units, barely changed from 4.4419 units a day earli...
CEC Bank 2013 Profit Rises To RON39M; Assets Flat At RON27B
Romanian state-owned lender CEC Bank Tuesday said its net profit rose 5.4% to about 39 million lei (EUR8.78 million) in 2013, from RON37 million a year earlier.
Romania Central Bank Holds Key Rate At 3.5%
Romania’s central bank kept its key lending rate unchanged at 3.5% for a second consecutive meeting Tuesday, in line with economists’ expectations.
Nuclearelectrica Expects To Invest Up To EUR1.5B To Expand Reactor Lifespan
Romanian state-run nuclear power producer Nuclearelectrica (SNN.RO) estimates it will invest EUR1 billion to EUR1.5 billion to expand the lifespan of one of its two reactors in Cernavoda, a...
Leu Closes Down Vs Euro In Thin Volumes
Romania’s leu erased some of its earlier losses against the euro in late trade Monday, but finished the session weaker at 4.4375/4.4405 units, amid low volumes.
Romanians Remain Gloomy About The Economy In 2014 - Survey
Romanian consumers remain gloomy about the economy after the first three months of the year and they don’t expect to see much improvement in the upcoming period either, a survey from market...
Leu’s Exchange Rate Weakens To 4.4419 Vs Euro
The Romanian leu extended its earlier losses against the euro by midday Monday and the central bank’s reference retreated 0.2% to 4.4419 units, from a six-month high of 4.434 units in the pr...