24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Isarescu: Central Bank Is Ready To Cut Reserve Requirements
Romania’s central bank governor Mugur Isarescu said Thursday that his institution is prepared to lower the minimum reserve requirements for both leu and foreign currency liabilities in 2014,...
Romania Sells RON440.6M 3-Year Bonds At 3.59% Average Yield
Romania’s Finance Ministry on Thursday raised 440.6 million lei (EUR98.95 million) in a reopening of its three-year bond due October 2015, above the planned amount, despite slightly increase...
Dan Paul Re-elected As Head Of Romanian Brokers Association
Romania’s Brokers Association on Thursday elected Dan Paul to a new term as president of the board, the Association said.
Leu Steady Vs Euro, Exchange Rate At 4.4527
The Romanian leu was stable against the euro during the first half of Thursday’s session and the central bank set a reference rate for the local currency of 4.4527 per euro, little changed o...
Oltchim Looking To Sell All Of Its Assets In February
Romanian insolvent chemical company Oltchim SA (OLT.RO) plans to sell its shares in special purpose vehicle Oltchim SPV, which controls the assets of the chemical company.
Bucharest Stocks Close Mostly Higher; Proprietatea Gains 2.7%
Bucharest stocks mostly finished higher on Wednesday, with Fondul Proprietatea (FP.RO) recouping part of its loss recorded over the last two sessions.
Deleveraging To Continue At Least Another Year – Fiscal Council
Foreign banks will continue to deleverage from their Romanian subsidiaries for at least another year before the process is completed, the head of the country’s parliament-appointed Fiscal Co...
Leu’s Exchange Rate Gains Modestly To 4.453 Vs Euro
The Romanian leu traded in a tight range against the euro by midday Wednesday and the central bank’s reference strengthened marginally to 4.453 units, from 4.4536 units a day earlier.
Deloitte: Romania GDP Growth Seen Slowing To 2% Next Year
Romania’s economic growth will likely slow to around 2% in 2014, reflecting a weaker contribution from agriculture, consultancy firm Deloitte Consultanta estimated Wednesday.
Leu Flat Vs Euro In Early Action
Romania’s leu was stable against the euro Wednesday morning, in line with the currencies in the region.
Proprietatea Fund To Sell 10% In Transgaz Via Private Offering
Romanian investment fund Fondul Proprietatea (FP.RO) plans to sell a 10% stake in natural gas transporter Transgaz (TGN.RO) via a private offering, the fund said in a statement Tuesday.
Romania Inflation Eases Slightly In November
Romania’s annual inflation eased slightly to 1.83% in November, from 1.88% a month earlier, reflecting a modest decline in food prices, official data showed Wednesday.