Articolele autorului Florentina Dragu
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Romania 7-Mo Passenger Car Sales Down 15% On Year To 52,249 Units
Romanian new passenger car sales fell 15% on the year to 52,249 units in the January-July period, from 61,288 units in the year-earlier months, the Automotive Manufacturers and Importers Association, or APIA, said Wednesday. citeşte tot
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Fitch Sees Moderate Risks Of Fiscal Slippage In Romania Next Year
Romania faces a “moderate risk” of fiscal slippage around the election period in 2012, which could put downward pressure on the sovereign ratings, Fitch Ratings said in a report. citeşte tot
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Fitch: Forex Lending Could Resume Upward Trend In Romania
Fitch Ratings warned Romania could see a new spike in foreign currency lending due to prolonged high inflation, which forces the central bank to keep interest rates above eurozone levels, the agency said in a report. citeşte tot
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Romanian Leu Up Vs Euro, Exchange Rate At 4.2784
Romania’s leu extended early gains versus the euro by mid trade Friday and the central bank’s reference strengthened to 4.2784 units, from 4.2855 units a day earlier. citeşte tot
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Romanian CNH Debt To Budget Widens To RON4.6B In 1H
Romanian state-owned coal mining company CNH’s total debt to the government budget widened 13% to 4.67 billion lei (EUR1.1 billion) in the first half of 2011, the country’s fiscal authority ANAF said Wednesday. citeşte tot
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Leu Hits 8-Mo Low Vs Euro At 4.2885, Falls To 4.0898 Vs Swiss Franc
Romania’s leu traded just under 4.29 per euro by mid-session Thursday and the central bank’s reference weakened 0.5% to this year’s lowest rate of 4.2855 units, from 4.262 units a day earlier. citeşte tot
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Romanian Leu Falls To 4.0865 Vs Swiss Franc, Trades At 4.262 Vs Euro
Romania’s leu traded in ranges against the euro and the central bank’s reference strengthened slightly to 4.262 units, from 4.267 units a day earlier. citeşte tot
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Surprise Fall In Romania Inflation Rate To 4.85% In July
Romanian consumer prices fell for the second straight month in July, as food prices continued to decline, while the annual inflation saw an unexpected drop to 4.85%, from 7.9% a month earlier, official data showed Wednesday. citeşte tot
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Romania OMV Petrom 2Q Net Profit Rises To RON903M
Romanian leading oil company OMV Petrom (SNP.RO) Wednesday said its net profit after minorities rose 26% on the year to 903 million lei (EUR211.6 million) in the second quarter, mostly fueled by higher crude oil prices. citeşte tot
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Romanian Leu Breaks Through RON4 Vs Swiss Franc, Trades At RON4.267 Vs Euro
Romania’s leu widened early losses against the euro by mid trade Tuesday, tracking the currencies in the region, while the central bank’s reference lost 0.5% at 4.267 units, from 4.2442 units a day earlier. citeşte tot
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Romania Ctrl Bank Won’t Mimic Hungary’s Response To Stronger Swiss Franc
Romanian central bank is not looking to impose Hungary-like measures on Swiss franc lending, despite rising interest rates, central bank’s governor Mugur Isarescu said Monday. citeşte tot
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Romanian Ctrl Banker Says Lower Key Rate Inopportune
Romanian central bank will not lower its main interest rate over the next period, because a more relaxed policy would be inopportune at the moment, central bank’s deputy governor Cristian Popa said Monday. citeşte tot
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Romanian Leu Trades At 4.2442 Vs Euro, Falls To New Low Vs Swiss Franc
Romania’s leu gained modestly versus the euro in mid trade Monday, while the central bank’s reference weakened slightly to 4.2442 units, from 4.2419 units in the previous session. citeşte tot
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Romanian Economic Growth Could Top 1.5% In 2011 - Ctrl Bank
Romanian economy is likely to grow by more than 1.5% in 2011, fueled by good farm output, central bank governor Mugur Isarescu said Monday. citeşte tot
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Romania Central Bank Cuts 2011 Inflation Forecast To 4.6%
Romania’s central bank Monday revised downward its inflation forecast to 4.6% from 5.1%, citing improved economic outlook and “substantial decline” of volatile prices. citeşte tot
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Romanian Transport Minister Says Energy Companies Overcharge CFR
Romanian Transport Minister Anca Boagiu Friday lashed out at power companies, accusing them of overcharging the state-run rail company CFR SA, whose total electricity bill has reached 1.98 billion lei (EUR466 million) at the end of June. citeşte tot
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Leu Trades At 4.2419 Vs Euro, Hits New Record Low Vs Swiss Franc
Romania’s leu recovered slightly against the euro by mid-trade Friday, but the central bank’s reference weakened over 0.4% on the day to 4.2419 units, amid rising aversion to risk after weak economic data in the US and fresh concern over the European debt crisis. citeşte tot
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Bucharest Stocks Sink To 8-Month Low On Global Woes
Bucharest shares declined over 5% Friday morning as markets worldwide plunged amid fears of a new recession in the United States and renewed concern about the European sovereign debt crisis. citeşte tot
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CEZ Romania Unit On Brink Of Liquidation - CEO
CEZ Vanzare, the retail division of energy company CEZ Romania, is on the brink of being closed down because it can’t recover a debt of 330 million lei (EUR78 million) from state-run rail company CFR, the head of CEZ Romania said Thursday. citeşte tot
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CEZ: Romania Renewable Energy Scheme To Push Bills Up By 3%-4%
Romanian consumers are likely to pay by up to 3% or 4% more for electricity once the updated scheme to support renewable energy producers comes into force, CEZ Romania said Thursday. citeşte tot
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IMF: Romania To Put 15 Companies Under Private Management
Romania and the International Monetary Fund have agreed on a list of 15 state-owned companies which will be run by private managers, IMF mission head Jeffrey Franks said Monday. citeşte tot
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Romanian Energy Companies Push For New Gas Price Hike In 4Q
Romanian utility companies Monday requested a new increase in natural gas tariffs for industrial consumers, just one month after the regulatory authority approved a 10% hike in prices. citeşte tot
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IMF: Romania Inflation Likely To Top 5% In December
Romanian inflation is likely to ease further over the coming months, but the year-end rate will probably come in above the central bank’s forecast of 5%, the International Monetary Fund said Monday. citeşte tot
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Romania Ctrl Bk To Leave Key Rate Unchanged At 6.25% - Poll
Romania's central bank is likely to leave its key rate unchanged for the tenth straight time at 6.25% a year at its next monetary policy meeting August 3, the association of financial and banking analysts AAFBR said Friday. citeşte tot
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Romania Sells EUR462.6M 4-Yr Forex Bonds At 4.85% Yield
Romanian Finance Ministry Wednesday sold EUR462.6 million in four-year foreign currency bonds, below the planned amount, at an average yield of 4.85% a year. citeşte tot
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