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BNR Revises Down Romania's 2011 FDI To EUR1.8B
Macroeconomics

BNR Revises Down Romania's 2011 FDI To EUR1.8B

Romania’s central bank revised downward foreign direct investment data for 2011 to EUR1.8 billion, compared with EUR2.22 billion in the previous year.

Neagu Bogdan Mircea · 27.09.2012 · 12:03 · 1 min
BVB's Lucian Anghel: Romania Could Benefit From EUR1.5B FDI This Year
Banks-Insurance

BVB's Lucian Anghel: Romania Could Benefit From EUR1.5B FDI This Year

Romania has been drawing less and less foreign capital over the past years as investors have become more selective, the head of the Bucharest bourse said Wednesday, adding that EUR1.5 billio...

Florentina Dragu · 26.09.2012 · 18:05 · 1 min
Raiffeisen: Romanian Economic Growth Potential Down To 2%
Banks-Insurance

Raiffeisen: Romanian Economic Growth Potential Down To 2%

Romania’s economic growth potential has declined significantly over the past years and, absent better demographic figures, it could drop even lower in the future, said Ionut Dumitru, chief e...

Florentina Dragu · 26.09.2012 · 17:39 · 1 min
Romania Has Huge Financing Needs - Bucharest Bourse Head
Banks-Insurance

Romania Has Huge Financing Needs - Bucharest Bourse Head

Romania has huge financing needs and it should seize any opportunity to attract additional funds, the head of the Bucharest Stock Exchange said Wednesday.

Florentina Dragu · 26.09.2012 · 16:09 · 1 min
Coface: Romania Economy To Grow 1% In 2012
Macroeconomics

Coface: Romania Economy To Grow 1% In 2012

Romania's economy is expected to grow a modest 1% in 2012, after expanding by 2.5% a year earlier, according to estimates of Coface ratings agency.

Florentina Dragu · 26.09.2012 · 13:13 · 1 min
Budget Deficit Widens Slightly To 1.17% Of GDP In First 8 Months
Macroeconomics

Budget Deficit Widens Slightly To 1.17% Of GDP In First 8 Months

Romania’s consolidated budget posted a deficit of 7.11 billion lei (EUR1.57 billion) in the first eight months, equal to 1.17% of the gross domestic product, Finance Ministry data showed Tue...

Ioana Tudor · 25.09.2012 · 21:44 · 1 min
Analysts: Romania Central Bank To Keep Main Rates Unchanged Thursday
Banks-Insurance

Analysts: Romania Central Bank To Keep Main Rates Unchanged Thursday

Romania’s central bank is likely to leave its key rate unchanged at a historic low of 5.25% for a fourth straight time at its monetary policy meeting due September 27, banking analysts said...

Florentina Dragu · 25.09.2012 · 17:17 · 1 min
Finance Ministry Contemplates Capping Money Transactions Between Individuals
Social/Politics

Finance Ministry Contemplates Capping Money Transactions Between Individuals

Romania’s Finance Ministry is considering capping daily cash payments between two or more individuals in a move to reduce tax evasion, people familiar with the matter said Tuesday.

Florentina Dragu · 25.09.2012 · 16:03 · 1 min
BNR: Private Lending Falls To RON227.9B In August
Macroeconomics

BNR: Private Lending Falls To RON227.9B In August

Romanian private lending fell 2.1% to 227.93 billion lei (EUR50.4 billion) in August, from RON231.5 billion a month earlier, central bank data showed Tuesday.

Florentina Dragu · 25.09.2012 · 11:51 · 1 min