Capital Market
Romanian FinMin: New Fiscal Treaty To Prevent Fiscal Slippages
The decision to sign the European Union’s new fiscal stability treaty reflects Romania’s commitment to strengthen its public finances and implement healthy policies, Finance Minister Bogdan...
Leu Ends Flat Vs Euro In Sleepy Session
Romania’s leu closed flat against the euro after an uneventful session Friday, amid low volumes.
Basescu: Romania To Replace Short-Term Debt With Longer-Term Treasuries
Romania aims to change the structure of its public debt and plans to extend the maturity of its securities to avoid short-term upside pressures on the state budget, President Traian Basescu...
SIF Banat-Crisana Proposes RON0.1 Dividend For 2011 Profit
Romanian regional investment fund SIF Banat-Crisana (SIF1.RO) proposed the payment of a gross dividend worth 0.1 lei (EUR0.023) per share for last year, slightly less than the RON0.103 divid...
CNVM Fines Former Bourse Head After Structured Products Trading Probe
Romanian securities regulator CNVM issued fines against former bourse operator chief Valentin Ionescu and BCR trading chief Valerian Ionescu, following an analysis on the trades performed wi...
Leu Exchange Rate Dips To 4.3493 Vs Euro
Romania’s leu traded near 4.35 per euro by midday Friday, while the central bank’s reference barely moved to 4.3493 units, from 4.3488 units a day earlier.
Leu Flat Vs Euro In Early Trade
Romania’s leu opened flat against the euro Friday morning, preparing for what seems to be another less-than-spectacular day on the interbank market.
Bucharest Stocks Open Up, Proprietatea Fund Charges Higher
Bucharest shares traded higher Friday morning, tracking international markets, with investment fund Fondul Proprietatea (FP.RO) charging in to hit a fresh high for the past ten and a half mo...
Oltchim Extends Furloughs Again
Romanian chemical company Oltchim (OLT.RO) Thursday said it has extended a furlough for more than 700 employees for another month until end-March, because of raw material and liquidity short...