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24658

Florentina Dragu

Translator RO-EN

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

Romania Retail Sales Fall At 3rd Fastest Pace In EU In May

Romanian retail sales fell 6% on the year in May, the third largest increase in the European Union, official data showed Tuesday.

Florentina Dragu · 05.07.2011 · 13:19 · 1 min
Capital Market

Leu Firms Vs Euro After Fitch Upgrades Romania's Rating

The leu strengthened against the euro Monday, after Fitch Ratings upgraded Romania’s rating one notch to ‘BBB-’ from ‘BB’, with stable outlook, citing progress in recovering from the financi...

Florentina Dragu · 04.07.2011 · 17:15 · 1 min
Banks-Insurance

Romania Sells RON850M In One-Year Paper At 6.37% Average Yield

Romania’s Finance Ministry on Monday sold a planned 850 million lei (EUR201 million) in one-year treasury bills, at an average yield of 6.37% a year, lower than at the previous auction.

Florentina Dragu · 04.07.2011 · 16:21 · 1 min
Capital Market

Leu Widens Gains Vs Euro, Exchange Rate At 4.2217

Romania’s leu extended early gains versus the euro by mid-trade Monday and the central bank’s reference strengthened nearly 0.5% at 4.2217 units, from 4.2419 units in the previous session.

Florentina Dragu · 04.07.2011 · 13:28 · 1 min
Isarescu: Target2 Brings Romania Closer To Euro Adoption
Banks-Insurance

Isarescu: Target2 Brings Romania Closer To Euro Adoption

Romania has taken yet another step toward implementing the European single currency by officially joining the EU’s Target2 real-time gross settlement system, central bank governor Mugur Isar...

Florentina Dragu · 04.07.2011 · 13:16 · 1 min
Macroeconomics

Eurostat: Romania Producer Prices Steady In May

Romanian industrial producer prices were unchanged in May from a month earlier, while the European Union’s average index edged down 0.3% on the month, official data showed Monday.

Florentina Dragu · 04.07.2011 · 12:29 · 1 min
Capital Market

Bucharest Stocks Open Higher In Quiet Trade

Bucharest shares opened higher amid low volumes, with investment fund Fondul Proprietatea (FP.RO) covering nearly half of the liquidity Monday morning.

Florentina Dragu · 04.07.2011 · 11:53 · 1 min
Capital Market

Leu Up Vs Euro In Early Trade

The leu edged higher against the euro Monday morning, tracking the currencies in the region as investors feel more confident after EU finance ministers agreed to release another EUR12 billio...

Florentina Dragu · 04.07.2011 · 10:40 · 1 min
ProCredit Bank Increases Capital To RON152.8M
Banks-Insurance

ProCredit Bank Increases Capital To RON152.8M

ProCredit Bank Romania has increased its share capital by around 12.5 million lei (EUR3 million) to RON152.8 million, the lender said in a statement Monday.

Florentina Dragu · 04.07.2011 · 10:28 · 1 min
INS: May Producer Prices Dip 0.3% On Month, Up 8% On Year
Macroeconomics

INS: May Producer Prices Dip 0.3% On Month, Up 8% On Year

The industrial producer price index edged down 0.3% in May from a month earlier, due to declines in the manufacturing sector, the statistics institute INS said Monday.

Florentina Dragu · 04.07.2011 · 10:04 · 1 min
Analysis

Tourist Arrivals Up 7.4% On Year In May - INS

Tourist arrivals rose 7.4% in May from the year-earlier month, while tourist accommodations were up 3.9% on the year, the statistics institute INS said Monday.

Florentina Dragu · 04.07.2011 · 10:03 · 1 min
INS: Adjusted Retail Sales Rise Slightly In May
Retail&Consumer

INS: Adjusted Retail Sales Rise Slightly In May

Romanian adjusted retail sales inched up 0.2% in May compared with a month earlier, largely boosted by higher fuel sales, the statistics institute INS said Monday.

Florentina Dragu · 04.07.2011 · 10:02 · 1 min