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24658

Florentina Dragu

Translator RO-EN

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

BNR: Overdue Loans Up 1.4% To RON18B In April

Romanian overdue private loans rose 1.4% on the month to 18.04 billion lei (EUR4.36 billion) in April, equal to 8.75% of the total lending, central bank data showed Thursday.

Florentina Dragu · 26.05.2011 · 18:16 · 1 min
Companies

PayPoint Romania FY Net Revenue Falls 13.6% To GBP21M

British specialist payments company PayPoint Plc Thursday reported a 13.6% drop in net revenue at its Romanian unit to GBP21.03 million for the year ended March 27, due to declining mobile t...

Florentina Dragu · 26.05.2011 · 18:08 · 1 min
Capital Market

Leu Recoups Losses Vs Euro, Amid Low Volumes

Romania’s leu recovered early losses against the euro in late trade Thursday and closed slightly stronger on the day, amid low volumes.

Florentina Dragu · 26.05.2011 · 17:28 · 1 min
Automotive

LeasePlan Romania 1Q Turnover Up 57% On Year To EUR9M

Car leasing company LeasePlan Romania reported first-quarter turnover of EUR9 million, up 57% on the year, the company said in a statement Thursday.

Florentina Dragu · 26.05.2011 · 17:04 · 1 min
Banks-Insurance

Romania Sells RON500M 10-Year Bonds At 7.45% Average Yield

Romania’s Finance Ministry Thursday sold a planned 500 million lei (EUR121 million) worth of 10-year treasury bonds, while the average yield was at 7.45% on the year, slightly higher than at...

Florentina Dragu · 26.05.2011 · 15:38 · 1 min
Roubini: Romania Unlikely To Join Eurozone In 2015
Macroeconomics

Roubini: Romania Unlikely To Join Eurozone In 2015

Romania will probably miss its self-imposed deadline for euro adoption in 2015, American economist Nouriel Roubini said Wednesday, mentioning that there’s “nothing wrong with waiting another...

Florentina Dragu · 26.05.2011 · 13:54 · 1 min
Roubini: Romania To See Slow, U-Shaped Economic Recovery
Analysis

Roubini: Romania To See Slow, U-Shaped Economic Recovery

Romania's economy is experiencing a slow, U-shaped recovery which should gain momentum with aid from structural reforms, US economist Nouriel Roubini said Thursday in Bucharest.

Florentina Dragu · 26.05.2011 · 13:51 · 1 min
Capital Market

Leu Down Vs Euro, Exchange Rate At 4.1333

Romania’s leu lost early gains versus the euro in mid trade Thursday and the central bank’s reference weakened to 4.1333 units, the lowest rate since early April.

Florentina Dragu · 26.05.2011 · 13:49 · 1 min
Capital Market

Leu Falls Vs Euro, Attuned To Region

Romania’s leu weakened against the euro Wednesday, mirroring the currencies in the region, and closed at 4.132/4.135 units, from 4.121/4.123 units in the previous session.

Florentina Dragu · 25.05.2011 · 17:30 · 1 min
Georgescu, BNR: Greek Lenders Have Backup Plans For Unforeseeable Situations
Banks-Insurance

Georgescu, BNR: Greek Lenders Have Backup Plans For Unforeseeable Situations

Romanian subsidiaries of Greek banks benefit from “comfortable” solvency and liquidity levels and they have backup plans to deal with possible unforeseeable situations, a central bank offici...

Florentina Dragu · 25.05.2011 · 15:30 · 1 min
Banks-Insurance

Fitch Downgrades Banca Romaneasca To B+

Fitch Ratings Wednesday downgraded the long-term issuer default rating (IDR) of Banca Romaneasca, a subsidiary of the National Bank of Greece in Romania, following similar action taken again...

Florentina Dragu · 25.05.2011 · 15:26 · 1 min
Macroeconomics

Romania Cuts Government Guarantees Cap To RON10B In 2012

Romania may issue government guarantees in the limit of 10 billion lei (EUR2.45 billion) in 2012, down from a RON14 billion cap agreed with the International Monetary Fund for this year.

Florentina Dragu · 25.05.2011 · 15:02 · 1 min