Banks-Insurance
Leu Closes Flat Vs Euro, Unlike Neighbors
Romania’s leu moved in a tight range against the euro in a quiet session Monday and closed flat on the day, unfazed by the negative sentiment in the region following worrisome election resul...
Ponta Cabinet Eyes Introducing Simplified VAT Scheme For Small Businesses
Romania’s Finance Minister-designate Florin Georgescu on Monday said the new Cabinet plans to introduce a simplified value added tax scheme for small businesses while a decision regarding a...
World Bank Urges Energy Heavyweights To Invest In Romania
The World Bank is sending out a strong message to the international energy giants, which arrived in Romania via privatization processes, asking them to commit to significant investments and...
BNR Injects RON6.5B Into Market
Romania's central bank (BNR) Monday pumped 6.49 billion lei (EUR1.47 billion) into the market in a seven-day repurchase agreement operation at an interest rate of 5.25% a year, equal to the...
Romania Sells RON750M 1-Year T-Bills At 5% Average Yield
Romania’s Finance Ministry on Monday sold a planned 750 million lei (EUR170.2 million) in one-year treasury bills, while the average yield was flat at a record low of 5.02% a year, central b...
Leu Exchange Rate Slightly Weaker At 4.4053 Vs Euro
The Romanian leu traded in a narrow range in the first part of Monday trading session, and the central bank's reference rate weakened slightly to 4.4053 units, from 4.4044 units Friday.
Parliament Committees Endorse Florin Georgescu For Finance Minister
Romania's joint Parliament committees on Monday endorsed Florin Georgescu for the office of Minister of Finance and deputy prime minister, with 28 votes for and six against.
Leu Opens Flat Vs Euro In Quiet Market
The Romanian leu was slightly changed in the first hour of trading Monday, as investors did not react to the announcement of an agreement between the country's new government and internation...
Leonard Orban, Endorsed For EU Affairs Minister Unanimously
Romania’s European Affairs Minister Leonard Orban was endorsed unanimously Monday by parliamentary commissions to keep his minister position within the proposed Cabinet of Prime Minister-des...