Articolele autorului Bogdan Neagu
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Romania March Overdue Loans Up 1.3% On Month To RON17.8B
Romanian overdue private loans rose 1.3% on the month to 17.8 billion lei (EUR4.4 billion) in March, equal to 8.66% of the total lending, central bank data showed Thursday. citeşte tot
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Romania FDI Inflow Rises To EUR294M In Jan-Feb
Romanian foreign direct investment, or FDI, rose to EUR294 million in January to February, from EUR140 million in the same period a year earlier, the central bank said Wednesday. citeşte tot
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Romania's Current Account Deficit Shrinks To EUR44M In Jan-Feb
Romania's current account deficit narrowed to EUR44 million in January to February, from a gap of EUR747 million in the year-earlier period, on a much lower trade deficit, central bank data showed Wednesday. citeşte tot
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Romania 4Q ‘10 Jobless Rate Rises To 7.3%
Romania's unemployment rate grew to 7.3% in the fourth quarter of 2010, from 6.9% in the previous quarter, the country’s statistics institute INS said Monday. citeşte tot
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Romania's Budget Posts Deficit Of 0.4%/GDP In Jan-Feb
Romania’s consolidated budget posted a deficit of 2.3 billion lei (EUR1=RON4.0881) in the first two months of the year, compared with RON5.8 billion in the same period of 2010, Finance Ministry data showed Friday. citeşte tot
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IMF OKs Final Review Of Stand-by Accord, New Deal Terms
The Executive Board of the International Monetary Fund on Friday approved the final review of a EUR13 billion stand-by arrangement with Romania, and the terms of a new, precautionary deal that will start on March 31, an IMF official told MEDIAFAX. citeşte tot
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Romanian Leu’s Continues Upward Trend Vs Euro, Exch Rate At 4.0881
The Romanian leu extended gains against the euro Friday, and the central bank’s reference rate gained 0.34% at 4.0881 units, the strongest in almost one year. citeşte tot
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Romania Feb Overdue Loans Up 5% On Month To RON17.6B
Romanian overdue private loans rose 5% on the month to 17.56 billion lei (EUR1=RON4.1020), equal to 8.44% of the total lending, central bank data showed Thursday. citeşte tot
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Romanian Leu’s Exch Rate Gains 0.6% At 4.102 Vs Euro
The Romanian leu traded in ranges against the euro in mid session Thursday, and the central bank’s reference gained 0.6% at 4.102 units, the strongest in almost one year. citeşte tot
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Romanian Leu Exch Rate Hits 10 1/2 Months High At 4.1439 Vs Euro
Romania’s leu extended early gains against the euro in mid trade Tuesday and the central bank’s reference strengthened 0.6% on the day to 4.1439 units, from 4.1685 units a day earlier. citeşte tot
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Romanian Consumer Prices Seen +0.5% In Feb, Annual Inflation Up To 7.3%
Romanian consumer prices are likely to increase by 0.5% on the month in February, while the annual inflation is seen climbing to 7.3%, according to a median forecast of the country’s association of financial and banking analysts AAFBR. citeşte tot
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EBRD Sells Interest In Romania's BRD For RON454.7M
The European Bank for Reconstruction and Development on Wednesday sold its stake in Romania's second-largest bank BRD-Groupe Societe Generale (BRD.RO) for 454.7 million lei (EUR1=RON4.2261), in several deals on the Bucharest stock exchange. citeşte tot
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Romania's 2010 Budget Deficit Narrows To 6.5% Of GDP
Romania’s consolidated budget posted in 2010 a deficit of 33.3 billion lei (EUR1=RON4.2675), or 6.5% of the estimated gross domestic product, lower than the ceiling agreed with the International Monetary Fund, the Finance Ministry said Thursday. citeşte tot
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Analysts See Romania's GDP +1.2% In 2011, Inflation At 4.3%
Romania will register an economic growth of 1.2%, and the annual inflation rate will fall towards 4.3% in December, the association of financial and banking analysts AAFBR said in a survey Thursday. citeşte tot
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Food, Energy Prices Pose Risks On Romania's 2011 Inflation - IMF
The International Monetary Fund sees significant upside risks to Romania's 2011 inflation outlook coming from potentially higher food and energy prices and a weakening of the leu, according to the fund's report after the sixth review of the stand-by arrangement. citeşte tot
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Romania, IMF Eye EUR3.6B Precautionary Deal - Sources
The International Monetary Fund will make available for Romania EUR3.6 billion in a new, precautionary deal that will be signed after the current stand-by agreement expires in April, people close to the talks told MEDIAFAX. citeşte tot
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Romania’s Return To Growth Depends On Fiscal Policy, Euro-Zone Recovery - Analysts
Romania’s gross domestic product might grow by some 1% in 2011, after a 2% fall this year, but the economic growth depends on the domestic fiscal policy and the recovery of the European Union economies, analysts said. citeşte tot
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IMF, Romania Agree On 2011 Budget Figures - Mission Head
The International Monetary Fund and the Romanian authorities have already agreed on next year's budget parameters, Jeffey Franks, head of the IMF mission to Bucharest, said Wednesday. citeşte tot
