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Romania's Financing Costs May Increase After S&P Cut Euro Zone Ratings
Macroeconomics

Romania's Financing Costs May Increase After S&P Cut Euro Zone Ratings

An increase in euro financing costs and a higher leu/euro exchange rate volatility could be the first effects of rating agency Standard & Poor’s (S&P) decision to downgrade nine euro zone co...

Daniela Stoican · 16.01.2012 · 00:00 · 2 min
BCR: In 2009, Erste Share Price Fell To EUR7 And Had No Negative Impact On Us
Banks-Insurance

BCR: In 2009, Erste Share Price Fell To EUR7 And Had No Negative Impact On Us

All mother groups of the Romanian top 10 banks have seen their share prices plummet over the past week, with lending institutions being indirectly hurt by the sovereign debt crisis.

Razvan Voican · 12.08.2011 · 00:00 · 1 min
Moody's Withdraws Ratings Of Telecom Operator RCS&RDS
Technology &Telecoms

Moody's Withdraws Ratings Of Telecom Operator RCS&RDS

Ratings agency Moody's Investors Service on Tuesday withdrew the Ba3 rating of telecom operator RCS&RDS “for its own business reasons,” which have nothing to do with the accuracy of the info...

Gavrila Oana · 28.06.2011 · 12:02 · 1 min
Banks-Insurance

Fitch Rates Romania's EUR1.5B 5-Year Bond Issue 'BB+'

Fitch Ratings on Friday said it has assigned a rating of BB+ to Romania's EUR1.5 billion Eurobond, the first issue of the country's EUR7 billion medium term notes (MTN) program.

Neagu Bogdan Mircea · 10.06.2011 · 22:55 · 1 min
Macroeconomics

S&P Affirms Romania’s Credit Rating At ‘BB+’; Outlook Stable

Standard & Poor’s Wednesday affirmed Romanian sovereign credit ratings at 'BB+/B' for foreign currency and at 'BBB-/A-3' for local currency, saying it expects economic recovery to remain slu...

Florentina Dragu · 08.06.2011 · 13:24 · 1 min
Macroeconomics

Moody’s Has No Plans To Revise Romania’s Credit Rating

Moody’s Investors Service has no plans to change Romania’s credit rating in the next twelve months, the agency's Central Europe director Petr Vins said Wednesday.

Florentina Dragu · 08.06.2011 · 12:26 · 1 min
Analysis

UniCredit: Romania’s Economy Set To Grow 1.7% In 2011

Romania’s economy is predicted to grow by 1.7% in 2011, mainly due to increasing exports, which will support an improvement in the Eastern European country’s credit ratings, UniCredit said i...

Andrei Cîrchelan · 25.03.2011 · 17:55 · 1 min