24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Leu Down Vs Euro, Exchange Rate At 4.5169
The Romanian leu weakened against the euro in the first half of the trading session Monday and the central bank’s reference lost 0.4% to 4.5169 units, from 4.4995 units Friday.
Leu Closes Up Vs Euro On Growing Volumes
Romania’s leu fell out of sync with its neighbors and appreciated against the euro Thursday, amid rising volumes.
CEZ Romania 2013 EBITDA Falls 20% To EUR158M
Czech power group CEZ AS Thursday reported a 20% annual decline to CZK4.1 billion (EUR158 million) in its 2013 operating profit before taxes, or EBITDA, in Romania, hurt by lower income from...
Romania Could Cut Inter-bank Card Fees In Two Steps
Romania is considering a two-step reduction of inter-bank fees for card payments, following a series of appeals to the Finance Ministry from businesses and card processors, who requested a n...
Leu Rises Vs Euro, Exchange Rate At 4.5034
The Romanian leu rose against the euro in the first half of the trading session Thursday and the central bank’s reference strengthened 0.2% to 4.5034 units, from 4.5144 units a day earlier.
Leu Inches Lower Vs Euro In Calm Session
The Romanian leu retreated slightly against the euro Wednesday, amid a calm market, which had no immediate reaction to the ruling coalition’s split-up following tensions between the liberals...
ING: Socialist-led Government Might Be Prone To Fiscal Experiments
A Socialist-led government following the withdrawal of the Liberal Party from the Romanian ruling coalition could be prone to fiscal experiments, endangering the country’s loan programs with...
Romania May Postpone CE Oltenia IPO Pending Coal Reserves Valuation
Romania may delay the sale of a 15% stake in state-run energy holding CE Oltenia until the second half of the year pending an assessment of the company’s coal reserves, general manager Laure...
Basescu: Letter Of Intent To IMF Deal Must Leave Out Fuel Tax, Debt Aid Scheme
Romanian President Traian Basescu on Wednesday said he will sign the country’s latest letter of intent to a EUR4 billion loan program with the International Monetary Fund and the European Un...
Erste: Romanian Coalition’s Breakup Was Inevitable
The rupture of the Romanian ruling coalition was inevitable and should have limited impacts on the financial markets, Austria’s Erste Group Bank AG said Wednesday.
Leu Stable Vs Euro After Coalition Breakup
Romania’s leu was rather stable against the euro during early trading hours Wednesday, showing limited reaction to the Liberal Party’s decision to withdraw from the ruling coalition.
Euro Insol Reinstated As Hidroelectrica’s Legal Administrator
Insolvency company Euro Insol has been reinstated as judicial administrator of Romanian state-run hydropower producer Hidroelectrica after the latter was court-ordered into re-entering reorg...