RATES
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Hunger For Power Throws Market Into Disarray: 10-Fold Higher Spot Rates, Insolvent Traders
The surge in electricity rates on the day-ahead (spot) market from EUR30 to EUR300 to EUR400 per MWh has created a lot of trouble for traders and will show in the January bills of all consumers – households and companies.
CEC Bank Cuts Interest Rates For Mortgage Loans In Lei
Romanian lender CEC Bank has decided to cut the interest rates for mortgage loans in lei for the acquisition or construction of homes in Bucharest and Ilfov county, county capital cities and...
BNR Deputy Gov: Rates On Leu-Denominated Loans To Further Decline
Interest rates on leu-denominated loans are expected to continue their decline in the coming months, provided the economic fundamentals remain unchanged, Romanian central bank’s deputy gover...
Romanian Telecom Regulator Sets Lower Termination Rates
Romania’s telecom market regulator ANCOM has decided to lower maximum termination rates from EUR0.307/minute to EUR0.096/minute for mobile calls and from EUR0.067/minute to EUR0.014/minute f...
Romtelecom, Cosmote Say Lowering Mobile Termination Rates Will Cut Into Investments
A massive drop in interconnection tariffs will cut into telecom operators’ investment budgets, thus affecting the long term development of the sector, officials of operators Romtelecom and C...
Bankers Raise Leu Consumer Loan Rates Again
Bankers raised consumer loan interest rates in June, after having displayed one-digit nominal interest rates in spring, even though they are still complaining about a lack of clients. The ex...
Bucharest Ranked 51st Of 62 Cities By Parking Rates In EMEA Region
Bucharest is 51st in a ranking of 62 cities in the Europe-Middle East-Africa region (EMEA) by parking rates, according to a survey by real estate services company Colliers International.