Capital Market
Bucharest Stocks Mostly Lower In Early Trade
Bucharest-listed shares were mostly lower Monday morning, with the composite index BET-C shedding 0.26% amid low volumes.
Leu Up Vs Euro In Early Trade
Romania’s leu edged higher against the euro Monday morning and traded below 4.34 units amid low volumes.
Tanasescu, IMF: I Don’t See Any Risks Of Romania Having To Draw Money From Precautionary Arrangement
Securing additional budget revenues through a chain of swaps with state-run companies that are indebted both to one another and to the state budget will be one of the three major sources of...
Obligation To Submit Quarterly Fiscal Statements Stifle Stock Exchange And Mutual Funds
Over 200,000 Romanians who invest in mutual funds or on the stock exchange have to go five times a year to fiscal agencies to submit income statements for amounts often of no more than 10 le...
Banking System Restructuring Not As Thorough As BNR Expected
The head of the National Bank of Romania’s supervisory department, Nicolae Cinteza, made his harshest statements about banks since the onset of the crisis three years ago, saying that with t...
Romanian Central Bank To Advise Lenders To Ease Loan Restructuring
The Romanian central bank (BNR) will recommend lenders to relax loan restructuring conditions for clients that face problems but pay their installments at least partially, said Saturday Nico...
Bucharest Stock Exchange Wants To Attract Facebook, Other US Companies
The Bucharest Stock Exchange plans to attract more companies to its trade platforms and US social networking company Facebook is definitely an attractive option, bourse president Stere Farma...
Leu Dips Vs Euro On Low Volumes
Romania’s leu edged lower against the euro in late trade Friday and closed slightly weaker on the day, amid low volumes.
Bucharest Stocks Close Flat, Amid Reduced Interest
The Bucharest bourse closed Friday roughly flat on the day, with investors focusing mainly on financial stocks, amid a mostly quiet session.