24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Romanians Spend Over Half Of Monthly Budget On Food, Utility Bills - Survey
Romanian households spend more than half of their monthly budgets on food, gas and electricity bills, ranking first among EU countries, UniCredit said in a presentation at the EBRD annual me...
Romania Remains Top CEE Business Destination In May - Survey
Romanian economic outlook for the next six months improved slightly in May, anchoring the country in the first spot among the best business destinations in Central and Eastern Europe, a ZEW/...
UniCredit: Romania Expansion Plan To Start Once Economy Recovers For Sure
Italian banking group UniCredit will kick off its territorial expansion program in Romania once the economy is sure to have emerged from the crisis, said Gianni Franco Papa, head of Unicredi...
Raiffeisen Cuts BRD To Hold From Buy, Target Price Reduced To RON16.6
Romanian bank BRD-Groupe Societe Generale (BRD.RO) was downgraded to hold from buy at Raiffeisen Zentralbank Osterreich, following a slower than expected decline in risk costs, the Austrian...
EBRD Expects Romania FDI To Rise In 2011
The European Bank for Reconstruction and Development sees Romania's net foreign direct investment up to 2.9% of the gross domestic product in 2011, from 2% of GDP in the previous year. In 20...
EBRD: Romania's Current Account Deficit To Widen In 2011
The European Bank for Reconstruction and Development forecasts Romania's current account deficit will widen at 5% of the gross domestic product this year, from 4.2% of GDP in 2010. In its la...
EBRD Sees Romania's Budget Deficit At 4.4% Of GDP In 2011
EBRD estimates Romania will post a budget deficit of 4.4% of the gross domestic product in 2011, narrower from 6.4% of GDP a year earlier. For 2012, Romanian authorities plan to cut the defi...
Leu Rises Vs Euro, Exchange Rate At 4.1091
Romania’s leu widened early gains versus the euro in mid trade Friday and the central bank’s reference strengthened 0.4% to 4.1091 units, from 4.1254 units a day earlier.
EBRD Raises Romania GDP Forecast To +1.8% In 2011
The European Bank for Reconstruction and Development Friday revised upward its forecast for Romanian economic growth to 1.8% in 2011, from 1.1% previously, saying it expects harsh austerity...
Leu Ends Higher Vs Euro In Quiet Market
Romania’s leu edged higher against the euro in late trade Thursday and closed stronger on the day at 4.1125/4.114 units, amid a quiet market.
Fondul Proprietatea Looking To Buy More Shares In Alro SPO
Romanian investment fund Fondul Proprietatea (FP.RO) is looking to buy shares in aluminum smelter Alro (ALR.RO) in a planned secondary public offering in Bucharest, but is waiting for more d...
No Concrete Offers Yet For RBS Romania - CEO
RBS Romania hasn’t received any concrete buy offer so far, despite much interest from suitors, chief executive officer Johan Gabriels said Thursday.