ZF newsroom
Neagu Bogdan Mircea
- Fields
- Macroeconomics, Capital Market, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 284
Erste Says BCR Will Have Money For Loans Regardless Of Rating
The parent banks of three of the largest Romanian lenders, BCR, Raiffeisen and UniCredit Tiriac Bank, had their ratings downgraded by Moody’s on Wednesday, because their exposure to the regi...
Romania 1Q GDP Growth Held Back By Falling Investment, Constructions
Declining activity in public administration and defense sectors, alongside fewer investments in administrative services and constructions held back Romania’s economic growth in the first qua...
INS: Romania Adjusted Retail Sales +0.8% On Month In April
Romanian adjusted retail sales inched up 0.8% in April compared with a month earlier, on higher demand in all sectors, the statistics institute INS said Tuesday.
Hidroconstructia Back To Over RON1B In Revenue
Hidroconstructia, one of the largest Romanian-held builders, ended last year with more than one billion lei (EUR236 million) in revenue, returning to this level after the 2010 decline.
BNR: Romania Forex Reserves Down To EUR33.5B In May
Romanian foreign exchange reserves fell to EUR33.5 billion in May from EUR34.3 billion a month earlier, central bank data showed Friday.
Eurobank Brings Greek Banker To Run Bancpost
Greek financial group Eurobank continues its effort to restore the profitability of Bancpost, the tenth largest bank in Romania by assets by putting a Greek banker in charge. The banker, Ant...
BNR: Romania Private Lending Inches Up 0.1% On Month In April
Romanian private lending inched up 0.1% in real terms to 224.7 billion lei (EUR50.3 billion) in April from a month earlier, central bank data showed Friday.
Leu Exchange Rate Hits Yet Another Low Of 4.4662 Vs Euro
Romania’s leu weakened against the euro by midday Thursday and the central bank’s reference retreated for the second day in a row to a fresh record low of 4.4662 units, from 4.4587 units in...
Leu Exchange Rate Drops To New Record Low Of 4.4587 Vs Euro
Romania’s leu continued to retreat against the euro by midday Wednesday and the central bank’s reference weakened 0.3% on the day to 4.4587 units, the lowest rate on record.
Real Estate Financing: Harder To Get, More Risks To Take
Banks are still reluctant to lend to real estate investors, so developers have to take more risks if they want to continue their projects and remain on the market, according to information p...
Romanian Labor Market Returns To Pre-VAT Hike Levels After Two Years
The number of employees in the Romanian economy reached 4.25 million people in March, marking a return to the level registered in June 2010, before the government raised the value added tax...
Leu Exchange Rate Hits New Low Of 4.4463 Vs Euro
The Romanian central bank was in the market to prevent a too steep depreciation of the leu, but the reference rate weakened for the fourth day in a row to a fresh all-time low of 4.4463 to t...