24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
BNR Won’t Limit Forex Mortgage, Real Estate Loans
Romanian central bank will most likely refrain from measures to limit mortgage and real estate lending in foreign currency, because the local market is unable to provide adequate financing r...
BNR: Stable Exchange Rate Preferable On Long Run
Romania's central bank targets a stable exchange rate of the leu versus the euro, even if a stronger leu would help the disinflation process on the short term, central bank governor Mugur Is...
Alum Tulcea Takes Over Vimetco’s Bauxite Mine In Sierra Leone
Dutch-registered aluminum producer Vimetco Thursday said it has transferred its bauxite mining unit in Sierra Leone to its Romanian alumina producer Alum Tulcea (BBGA.RO), in a deal worth $3...
Isarescu Says Fuel Price Freeze Would Be Detrimental On Long Run
A price freeze on fuels would be detrimental to Romania on the long run, central bank governor Mugur Isarescu said Thursday.
Isarescu: Changing Euro Adoption Target Would Delay Reforms
Changing Romania’s euro adoption target would have only fueled political maneuvers to delay structural reforms, central bank governor Mugur Isarescu said Thursday, adding that the 2015 deadl...
Leu In Ranges Vs Euro, Exchange Rate At 4.1065
Romania’s leu traded in ranges against the euro in mid session Thursday and the central bank’s reference strengthened slightly to 4.1065 units, from 4.1127 units a day earlier.
Isarescu Says Romanian Food Prices Rise At 2nd Fastest Pace In Region
Romanian food prices are growing at the second-fastest pace in the region, after Bulgaria, central bank governor Mugur Isarescu said Thursday, adding that the prices’ weight in the consumpti...
Romania To Reevaluate Cernavoda Nuke Project; Deadline Deferred To 2019
EnergoNuclear, a joint venture set up to build two additional reactors at Romania’s sole nuclear power plant in Cernavoda, Thursday said the project will undergo a reevaluation following a n...
Renaissance Capital: Romanian Leu Must Not Firm Too Much Ahead Of Euro Adoption
The Romanian central bank can’t afford a too strong leu if it wants to adopt the euro in 2015, because the country needs a strong exchange rate in the years prior to joining the euro area, T...
Isarescu: Leu’s Appreciation Helped Mitigate Large Shocks
Romanian leu’s nominal appreciation against the US dollar has dampened import prices and helped mitigate larger shocks, particularly in the fuels market, central bank governor Mugur Isarescu...
S&P Affirms Transgaz At BB+/BBB-; Outlooks Stable
Standard & Poor’s Thursday affirmed its foreign currency corporate rating on Romanian gas pipeline operator Transgaz Medias (TGN.RO) at 'BB+' and the local currency corporate rating at 'BBB-...
Bucharest Stocks Mostly Higher In Early Trade; Volumes Stay Low
Bucharest shares were mostly higher Thursday morning, amid low volumes, with the BET-C composite index advancing 0.4% on the day.