24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Eurostat: Romania April Retail Sales Fall At 2nd Fastest Pace In EU
Romanian retail sales fell 1.8% on the month in April, the second largest increase in the European Union, official data showed Tuesday.
Isarescu Says 2005/06 Monetary Policy Tightening Not Good
Romanian central bank’s monetary policy tightening in 2005-2006 had a negative impact on prices, because it led to a non-sustainable appreciation of the leu and a boom of the foreign currenc...
Leu Dips Vs Euro In Quiet Market
Romania’s leu weakened modestly against the euro Monday and closed near 4.14 units, amid a quiet market.
Romania Sells RON1.2B 1-Year T-Bills At 6.6% Average Yield
Romania’s Finance Ministry on Monday sold a planned 1.2 billion lei (EUR290 million) in one-year treasury bills, at an average yield of 6.61% a year, lower than at the previous auction.
Leu Down Vs Euro, Exchange Rate At 4.1344
Romania’s leu lost early gains versus the euro in mid trade Monday and the central bank’s reference weakened slightly to 4.1344 units, from 4.1298 units in the previous session.
Eurostat: Romania April PPI Rises At Slowest Pace In EU
Romanian industrial producer prices posted the lowest monthly increase in the European Union in April, official data showed Monday.
Leu Opens Up Vs Euro, Volumes Stay Down
Romania’s leu edged higher against the euro in early trade Monday, tracking the currencies in the region, whereas volumes remained low.
INS: Romania's April Industrial Sales -11.3% On Month, +12.5% On Year
Romanian industrial sales fell 11.3% on the month in April, due to lower sales in all sectors, the country’s statistics institute INS said Monday.
INS: Romania Industrial New Orders Fall 5.1% On Month In April
Romanian industrial new orders slid 5.1% on the month in April, due to declines in all sectors, the country’s statistics institute INS said Monday.
Average Net Wage Inched Up 0.3% In April, To RON1,498
Average net wages in Romania inched up 0.3% on the month to 1,498 lei (EUR362) in April, boosted mainly by Easter and other seasonal bonuses, the statistics institute INS said Monday.
EBRD: Greece’s Troubles Unlikely To Send Romania Back Into Recession
Greece’s seemingly turn for the worse is unlikely to push Romanian economy into recession, according to Peter Sanfey, lead economist at the European Bank for Reconstruction and Development.
Moody’s: Greek Banks Could Sell Romanian Business If Crisis Worsens
Greek lenders are unlikely to withdraw substantial capital from their Romanian subsidiaries over the coming period, but a sovereign crisis at home could prompt a sale of international busine...