24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
ANRE: Household Gas Tariff To Increase 1% As Of January
Romanian energy regulator ANRE Thursday said household gas tariffs will increase by 1% as of January 2014, less than the 2% raise previously announced.
Canada’s Candu Eager To Join Romanian Nuke Project
Canada’s nuclear technology company Candu Energy on Wednesday said it was ready to participate in the delivery of two new nuclear reactors to Romania, after the European country has signed a...
Leu Ends Slightly Higher Vs Euro In Dull Trading
Romania’s leu edged higher against the euro in late trade Wednesday and finished the session just below 4.44 units, amid a quiet market.
Romania Extends Medium-Term Note Program; Ups Ceiling To EUR15M
Romania on Wednesday extended its medium-term note program by three years until 2016 and raised the borrowing ceiling to EUR15 billion, from EUR8 billion previously.
Certinvest To Launch Closed-end Bond Fund In 1Q/2014
Romanian investment fund manager Certinvest SAI Wednesday said it plans to launch a closed-end bond fund in the first quarter of 2014 that will specialize in corporate bonds issued by medium...
UniCredit Tiriac: Lending Rates Unlikely To Ease Much As Risk Cost Still High
Loan interest rates in Romania are not likely to decline by much in the following period, because of a high level of risk costs in the banking system, particularly with non-performing loans,...
Stock Exchange Head Says Romanian Economy Is Too Expensive
Romania’s economy is “too expensive” and has a low level of competitiveness, not unlike its stock market, the head of the Bucharest Stock Exchange said Wednesday.
ING Sees Romania’s Growth Potential At 4%-5% By 2020
Romania’s economic performance is above the region average and the country could reach a growth potential of 4% to 5% a year until 2020, the head of ING Bank Romania said Wednesday.
Olteanu: Romania Should Encourage Savings To Pare Down Deleveraging
The lending resources of Romanian banks can be increased by implementing policies to reduce the budget deficit and encourage savings, a central bank official said Wednesday.
Leu’s Exchange Rate Edges Up To 4.4413 Vs Euro
The Romanian leu moved in a tight range against the euro by midday Wednesday and the central bank’s reference advanced modestly to 4.4413 units, from 4.4438 units a day earlier.
Bucharest Stock Exchange To Extend Trading Hours
The Bucharest Stock Exchange will extend its daily trading session by more than one hour to overlap more with European trading hours.
Leu Closes Flat Vs Euro In Sleepy Session
Romania’s leu showed little movement against the euro Tuesday and finished the session flat on the day at 4.443/4.445 to the euro, amid low volumes.