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Finance Ministry May Leave EUR1.26B In Banks To Push For Lending Uprise
Capital Market

Finance Ministry May Leave EUR1.26B In Banks To Push For Lending Uprise

The Finance Ministry does not plan to refinance the club loan worth EUR1.26 billion due at the end of next week, but may consider a rollover of the EUR1.21 billion bond issue also maturing t...

Razvan Voican · 22.07.2011 · 00:00 · 1 min
Capital Market

Leu Dips Vs Euro, Unlike Neighbors

Romania’s leu weakened slightly against the euro in a sleepy session Thursday, despite a positive sentiment in the region after eurozone leaders proposed a second bailout for troubled Greece...

Florentina Dragu · 21.07.2011 · 17:32 · 1 min
Romania To Fund EU Projects, Recover EU Money After Check-Ups - PM
Social/Politics

Romania To Fund EU Projects, Recover EU Money After Check-Ups - PM

Romania will finance EU projects from the state budget and the Government will send the bills to the European Commission to recover the EU funds only after double-checking all the documents,...

Oana Gavrila · 21.07.2011 · 15:31 · 1 min
Banks-Insurance

Romania Sells RON388M In 10-Year Bonds At 7.46% Average Yield

Romania’s Finance Ministry on Thursday sold 387.9 million lei (EUR91.4 million) in 10-year treasury bonds, slightly above the planned amount, at an average yield of 7.46% a year.

Florentina Dragu · 21.07.2011 · 14:34 · 1 min
Capital Market

Leu Down Vs Euro, Exchange Rate At 4.2454

Romania’s leu lost early gains versus the euro by mid trade Thursday and the central bank’s reference weakened slightly to 4.2454 units, from 4.243 units a day earlier.

Florentina Dragu · 21.07.2011 · 13:23 · 1 min
Energobit Takes EUR10M Loan From EBRD
Energy

Energobit Takes EUR10M Loan From EBRD

The European Bank for Reconstruction and Development granted a EUR10 million loan to Energobit ESCO, part of engineering group Energobit, to fund several energy efficiency projects.

Andrei Cîrchelan · 21.07.2011 · 12:28 · 1 min
Capital Market

Leu Strengthens Vs Euro, On Improved Sentiment

The Romanian leu strengthened versus the euro Thursday, in line with other currencies in the region, after France and Germany reached common ground on new bailout package for Greece.

Andrei Cîrchelan · 21.07.2011 · 11:19 · 1 min
BCR Notes Signs Of A Lending Demand Thaw
Banks-Insurance

BCR Notes Signs Of A Lending Demand Thaw

The number of clients coming to the bank to apply for refinancing or a new loan has increased visibly in recent months, considering property prices have stabilized and interest rates have fa...

Ciprian Botea · 21.07.2011 · 00:00 · 1 min
Capital Market

Leu Closes Up Vs Euro In Quiet Market

Romania’s leu traded in ranges against the euro in late session Wednesday and closed 0.2% stronger on the day, amid low volumes.

Florentina Dragu · 20.07.2011 · 17:14 · 1 min