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Leu Stable And Likely To Gain Ground On Euro In 2016
Banks-Insurance

Leu Stable And Likely To Gain Ground On Euro In 2016

The leu/euro exchange rate should remain stable this year, with a clear trend to gain ground against the euro, as Romania’s central bank might pursue a more predictable policy and less volat...

Loredana Frățilă-Cristescu · 14.01.2016 · 10:50 · 1 min
Banks-Insurance

Romanian Leu Weakens Versus Euro Amid PM Resignation

Romanian leu weakened versus the euro Wednesday amid uncertainties following the resignation of Romanian Prime Minster Victor Ponta.

Gabriela Stan · 04.11.2015 · 13:16 · 1 min
Romania Needs Realistic Euro Adoption Target, 2019 Unfeasible - Central Bank Official
Banks-Insurance

Romania Needs Realistic Euro Adoption Target, 2019 Unfeasible - Central Bank Official

Romania needs to draw up a policy calendar, integrate it into a roadmap and come up with a realistic term for euro adoption, central bank deputy governor Bogdan Olteanu said Wednesday, addin...

Oana Gavrila · 17.09.2015 · 12:30 · 1 min
Banks-Insurance

Retail Euro Loans See Spectacular Decline

Retail euro loans, which include both consumer and mortgage loans, have seen such a significant decline that banks are now selling EUR15 million worth of loans a month compared with EUR200 m...

Loredana Frățilă-Cristescu · 24.08.2015 · 00:00 · 1 min
Greek Crisis Turns Leu Into Currency Of The Future For Romania
Macroeconomics

Greek Crisis Turns Leu Into Currency Of The Future For Romania

The tenth anniversary of the hard leu, which no one had thought would live more than seven to ten years in 2005 (expectation at the time was that the shift to the euro would happen soon afte...

Loredana Frățilă-Cristescu · 01.07.2015 · 00:00 · 3 min
Macroeconomics

Isarescu: Romania Still Has Steps To Take Before Euro Adoption

Romania still has some steps to take before adopting the euro, which needs to be done at the right time, and not before some structural reforms were made, central bank governor Mugur Isaresc...

Bogdan Neagu · 04.06.2015 · 12:30 · 1 min
Isarescu Doesn’t Believe in Euro-Zone Accession Without A Roadmap
Macroeconomics

Isarescu Doesn’t Believe in Euro-Zone Accession Without A Roadmap

Building a roadmap for Romania’s euro-zone accession is even more important than the target date, while the lack of the roadmap makes discussions about January 1, 2019 pointless, central ban...

Bogdan Neagu · 08.05.2015 · 17:34 · 1 min
Leu Opens Flat Vs Euro On Low Volumes
Capital Market

Leu Opens Flat Vs Euro On Low Volumes

Romania’s leu opened flat versus the euro in early session Monday, amid low volumes.

Gabriela Stan · 27.04.2015 · 11:00 · 1 min
Leu Closes Flat Vs Euro On Average Volumes
Capital Market

Leu Closes Flat Vs Euro On Average Volumes

Romania’s leu closed flat versus the euro Thursday, at 4.423 per euro, from 4.4241 per euro the previous day, amid average volumes.

Gabriela Stan · 23.04.2015 · 17:05 · 1 min