The austerity measures were a requirement for a bailout package intended to avoid Greece’s default.
At around 10:25 local time (GMT0825), the Bucharest bourse’s BET index was up 0.67%, while the general index BET-C was up 0.36%.
BET-FI, which tracks the five regional investment funds (SIFs) and Fondul Proprietatea (FP.RO), was gaining 1.8%, as the SIFs were outperforming the market.
The wider blue-chip index BET-XT was up 1%, while BET-NG, which tracks energy stocks, was up a mere 0.1%.
The traded values were generally low, with just 4.4 million lei (EUR1 million) worth of trades by 10:25 hours.
SIF Oltenia (SIF5.RO) was the most traded issuer, with its shares up 2.2%. Fondul Proprietatea was gaining 1.1%, while Erste Group Bank (EBS.RO) was up 3.6%.
BRD-Groupe Societe Generale (BRD.RO) was one of the few decliners, with its stocks down 0.4%, while SIF Banat-Crisana (SIF1.RO) was up 3.3%. (EUR1=RON4.3529)