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Romania Private Lending Up 1% To RON223B In September
Romanian private lending edged up 1.1% in real terms to 223.1 billion lei (EUR50.3 billion) in September, from RON221.9 billion a month earlier, central bank data showed Wednesday.
BNR: Romanian Banks Could Handle Another Recession, Stress Test Shows
All but a handful of small banks could withstand another recession in Romania in the short-term, and the system in general is well equipped to ward off severe economic shocks while maintaini...
Viscount Davignon: Foreigners More Confident In Romania’s Development Than Romanians
Foreigners are more confident in Romania’s development potential than Romanians themselves, Viscount Etienne Davignon, chairman of financial group Bilderberg, said in Bucharest Thursday.
Foreign Investment Drops 36% On Year In January-August
Romanian foreign direct investment, or FDI, fell 36% on the year to approximately EUR1.12 billion in the January-August period, the central bank said Friday.
Romania Current Account Deficit Shrinks To EUR160M In January-August
Romania's current account balance posted a deficit of EUR160 million in the first eight months, sharply narrower from a gap of EUR4.23 billion in the year-ago period, central bank data showe...
Romania September Inflation Falls Within Target Range As Food Prices Ease
Romania’s inflation rate slowed for the third straight month in September, falling comfortably within the central bank’s 2013 target range as food prices continued a four-month decline, offi...
Banks Reluctant To Make Loans Cheaper
The average interest on corporate loans in lei rose slightly in August to 8.7%, while the average deposit interest fell by almost 0.7% to 3.4% a year, reveal central bank data. The corporate...
Croitoru: Central Bank May Buy Gold From Rosia Montana Within Limits
The National Bank of Romania may buy gold extracted from Rosia Montana provided that the gold share in the country’s international reserve stays between 10% and 20%, central bank representat...
Romania Forex Reserves Rise To EUR33.1B In September
Romanian foreign exchange reserves rose to 33.09 billion euro in September, from EUR32.17 billion a month earlier, boosted by a EUR1.5 billion inflow from an Eurobond issue, central bank dat...