24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Basescu: No Further Bank Taxes In Sight
Romanian President Traian Basescu Thursday said the government doesn’t plan to increase banking taxes.
Vasilescu, BNR: Monetary Policy Not Enough To Control Inflation
Romanian central bank’s current monetary policy is insufficient to reign in inflation, particularly in a free market with constant capital inflows that lead to an eventual globalization of t...
Treasury Attracts RON500M In 5-Yr Bonds, At 7.34% Yield
Romania’s Finance Ministry on Thursday sold a planned 500 million lei (EUR121.2 million) in five-year treasury bonds at an average yield of 7.34% a year.
Ghetea: Private Lending Will Recover In H2
Romanian private lending is poised to pick up in the second half of 2011, albeit at a slower pace compared with pre-crisis levels, said Radu Ghetea, head of Romanian Banking Association.
Romania Can’t Afford Lower Social Security Taxes, President Says
Romanian President Traian Basescu Thursday said the economy can’t afford lower social security contributions until tax collections improve.
Basescu Says VAT Increase ‘A Political Error’
Romanian President Traian Basescu on Thursday said that raising the value added tax rate to 24% from 19% was a “political error” that delayed the country’s exit from recession by at least si...
Romania To Sell 15% Stakes In Nuclearelectrica, Hidroelectrica In 2012
Romania's Economy Ministry plans to sell stakes of 15% in state-owned energy producers Nuclearelectrica and Hidroelectrica in 2012, a ministry official said Thursday.
Leu Loses Early Gains Vs Euro, Exchange Rate At 4.1254
Romania’s leu lost early gains versus the euro in mid trade Thursday and the central bank’s reference weakened to 4.1254 units, from 4.1184 units a day earlier.
Energy Price Deregulation Must Happen Quickly, President Says
Romania's government must establish “very quickly” a calendar for price deregulation in the energy and natural gas sectors to allow an adequate inflation targeting at the central bank, Presi...
Basescu Says 2011 GDP Growth May Top Forecast
Romanian economic growth could top 2% this year, above the 1.5% official forecast, President Traian Basescu said Thursday.
Leu Higher Vs Euro In Early Trade
Romania’s leu opened higher against the euro in a quiet Thursday morning, with its peers in the region posting minor fluctuations versus the European common currency.
CNVM OKs Preliminary Prospectus For Petrom Stake Sale
Romania’s securities commission CNVM Wednesday approved a preliminary prospectus for the sale of a 9.84% stake in dominant oil company OMV Petrom (SNP.RO).