24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Leu Continues Slide With 0.7% Fall Vs Euro On Negative Sentiment
Romania’s leu weakened against the euro Monday, amid a negative sentiment in the region, after European officials failed to agree on immediate financial aid to Greece.
BNR: Bank Payment Refusals Rise To RON504M In May
Romanian lenders refused to pay promissory notes, checks and notes of exchange amounting to 503.6 million lei (EUR119 million) in May, up 7.15% on the month, central bank data showed Monday.
IMF Board To Review Romania EUR3.5B Loan Agreement June 24
The International Monetary Fund’s Executive Board will convene on June 24 to review Romania’s progress under a EUR3.5 billion precautionary loan agreement, according to the board’s agenda, p...
X-Trade Brokers: Leu To Weaken Further If Greek Uncertainties Persist
Prolong uncertainties in Greece could push the Romanian leu lower versus both the euro and the Swiss franc, deemed a safe haven by investors in troubled times, brokerage house X-Trade Broker...
Romania Sells RON1.4B 1-Year T-Bills At 6.65% Average Yield
Romania’s Finance Ministry on Monday sold a planned 1.4 billion lei (EUR328 million) in one-year treasury bills, at an average yield of 6.65% a year, a touch higher than at the previous auct...
Eurostat: Romania 1Q Labor Costs Rise At 3rd Fastest Pace In EU
Total hourly labor costs in the Romanian economy rose 4.5% on the year in January to March, the third-biggest increase in the European Union, official data showed Monday.
Leu Falls Further Vs Euro, Exchange Rate At 4.2635
Romania’s leu retreated against the euro by mid trade Monday, tracking the currencies in the region, and the central bank’s reference weakened 0.8% on the day to 4.2635 units, the lowest rat...
Deutsche Telekom, Bayer And E.ON To Float In Bucharest June 21
Germany’s telecom operator Deutsche Telekom (DTE.RO), drug maker Bayer (BAYN.RO) and utility E.ON (EOAN.RO) will be floated in Bucharest on June 21, the market operator said Friday.
CNVM OKs New Board Members At SIF Oltenia
Romania’s securities commission CNVM Friday sanctioned the appointment of Lucian Buse and Petre Ghibu as Board members at investment fund SIF Oltenia (SIF5.RO).
Leu Edges Up Vs Euro Amid Positive Sentiment
Romania’s leu gained modestly against the euro Friday, amid a positive sentiment in the region after Germany and Greece reached an agreement on giving more help to troubled Greece.
Ghetea: Limiting Forex Loans Should Be Up To Banks
Foreign currency lending should not be regulated by central bank’s decision and any possible restrictions should be the prerogative of every lender, the head of Romanian Banking Association...
BNR Plans To Cap Consumer Loan Maturity At 5 Years
Romanian banks may have to reduce the maturity of consumer loans to five years from 20 currently, while extending minimum guarantees to 133% of the loan’s value, according to a draft regulat...