Articolele autorului Florentina Dragu
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Romania To Appoint Private Managers At 9 State Companies In 2011
Romanian government will appoint private managers at nine state-owned companies by the end of 2011, with six more enterprises to follow suit next year, according to the country’s letter of intent to a EUR3.5 billion loan agreement with the International Monetary Fund. citeşte tot
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Romania Shortens List Of Companies That May Alter Deficit
Romania and the International Monetary Fund have agreed to reduce to 10 from 30 previously the number of public companies whose financial results are included in the budget deficit calculations, according to the country’s latest letter of intent to a EUR3.6 billion loan agreement with the fund. citeşte tot
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Romanian Leu’s Exchange Rate Hits 2011 Low Of 4.3081 Vs Euro
Romania’s leu continued to retreat against the euro by mid trade Thursday and the central bank’s reference weakened 0.4% on the day to 4.3081 units, the lowest rate this year. citeşte tot
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Romania Jumps 37 Spots In 2011 World Economic Freedom Chart
Levels of economic freedom in Romania have improved over the past year, pushing the country up 37 places to 48th in a ranking released by Canadian think-tank Fraser Institute. citeşte tot
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Romania New Car Registrations Up 3.26% On Year In August
Romanian new car registrations rose 3.26% on the year to 8,747 units in August, Interior Ministry data showed Tuesday. citeşte tot
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Romanian Cernavoda Nuclear Reactor Back Up After Repairs
Romanian state-owned energy producer Nuclearelectrica restarted the second reactor at its power plant in Cernavoda which was shut down Friday due to a malfunction in its fuel supply system. citeşte tot
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Romanian Leu Partly Recoups Vs Euro, But Exchange Rate Falls To 4.294
Romania’s leu recovered part of its early losses against the euro by mid trade Thursday, but the central bank’s reference weakened slightly to 4.294 units, a fresh low of 2011. citeşte tot
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Romanian Government Approves Letter Of Intent To IMF Deal
Romanian government Wednesday approved the final version of its letter of intent to a EUR3.5 billion precautionary loan agreement with the International Monetary Fund, following a review mission the fund completed in August, people familiar with the matter told MEDIAFAX. citeşte tot
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Romania July Industrial Output Matches EU Growth Pace
Romania’s industrial production rose 1.2% on the month in July, similar to the European Union average growth of 1.1%, EU’s statistics office Eurostat said Wednesday. citeşte tot
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Romanian Leu Exchange Rate Falls To 2011 Low Of 4.2886 Vs Euro
The Romanian leu retreated against the euro in the first half of Wednesday’s session, amid growing aversion to risk in the region, and the central bank’s reference weakened to 4.2886 units, the lowest rate this year. citeşte tot
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Romanian Central Bank Says Oil, Gas Companies Top Performers In 2010
Romanian oil and natural gas companies were top economic performers in 2010, unlike state firms, which lagged in negative territory, central bank data showed. citeşte tot
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Ctrl Bank: Less Than 20% Of Romanian Companies Have Outstanding Loans
Less than 20% of the Romanian companies had outstanding loans at the end of June, down 17.4% on the year, central bank data showed. citeşte tot
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Romania Jan-July Current Account Gap Narrows To EUR2.8B
Romania's current account deficit narrowed 24.4% to EUR2.82 billion in the first seven months, from a gap of EUR3.73 billion in the year-earlier period, due to a lower trade deficit and higher transfer surplus, central bank data showed Monday. citeşte tot
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Romania Inflation Hits 17-Month Low In August
Romanian consumer prices fell for the third straight month in August, pushed down by cheaper food, while the annual inflation eased to a 17-month low of 4.25%, official data showed Monday. citeşte tot
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Romania January-July Trade Gap Narrows To EUR5.2B
Romania’s trade deficit narrowed to EUR5.24 billion in the first seven months of 2011, from EUR5.54 billion in the year-earlier period, the country’s statistics institute INS said Friday. citeşte tot
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Romania Falls 10 Spots To 77 In WEF's World Competitiveness Top
Romania fell 10 places to 77 in a global competitiveness ranking released by the World Economic Forum on Thursday. citeşte tot
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Volksbank Romania: New Lending Rules Have Little Effect In A Dead Market
Romanian central bank’s latest regulations for consumer loans will have minimum impact on commercial lenders, as the local market is currently idle, but potential clients are bound to feel frustrated, an official of Volksbank Romania said Wednesday. citeşte tot
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Romanian Romgaz To Attend Iraqi Gas Field Auction In January - Sources
Romanian natural gas producer Romgaz Medias was selected to attend an international auction for 12 oil and gas exploration blocks in Iraq, people familiar with the matter said Wednesday. citeşte tot
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Romania 2Q GDP Growth Fueled By Industry, Agriculture
Romania's second quarter gross domestic product grew by 0.2% in seasonally adjusted terms compared with the previous three months, largely supported by increases in industry and agriculture, the country’s statistics institute INS said Tuesday. citeşte tot
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Romanian Central Bank Sets Up Committee On Gold Reserve
The Romanian central bank will set up a working committee to analyze the structure of the country’s future gold reserves, the bank’s chief Mugur Isarescu said Monday. citeşte tot
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Romania Average Net Wage Slightly Down To RON1,471 In July
Romanian average net salary edged down 0.1% to 1,471 lei (roughly EUR347) in July, from RON1,472 a month earlier, the statistics institute INS said Monday. citeşte tot
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Romania Forex Reserves Slightly Down To EUR32.5B In August
Romanian foreign exchange reserves fell slightly to EUR32.55 billion in August from EUR32.68 billion a month earlier, central bank data showed Thursday. citeşte tot
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Romania’s Oltchim To Replace Board Chairman - Sources
The shareholders of Romanian state-run chemical company Oltchim Ramnicu-Valcea (OLT.RO) agreed to replace Constantin Roibu as chairman of the board, participants in the meeting told MEDIAFAX. citeşte tot
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Romania Economic Sentiment Dips In August - Survey
Romania’s economic sentiment index fell 1.3 points to 92.3 in August, due to investor pessimism in most sectors, a widely watched European Commission monthly survey showed Tuesday. citeşte tot
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Eurobank-Alpha Bank Set To Become Romania’s Third Largest Bank Group
The freshly announced merger between Greek lenders EFG Eurobank and Alpha Bank will propel their Romanian subsidiaries to the third position in the local system, from the lower half of the top 10 previously, according to a presentation of the Greek institutions. citeşte tot
