Articolele autorului Florentina Dragu
-
Romania 1H Budget Gap At RON11.3B, Meets IMF Target
Romania’s consolidated budget posted a deficit of 11.3 billion lei (EUR2.65 billion) in the first six months, equal to 2.07% of the gross domestic product, Finance Ministry data showed Monday. citeşte tot
-
Romania 90 Days Overdue Loan Payments Hit New Record High In May
Romanian loan payments overdue by more than 90 days rose 4% on the month to a fresh record high of 4.5 billion lei (EUR1.06 billion) in May, central bank data showed Monday. citeşte tot
-
Romanian Leu Extends Losses Vs Euro, Exch Rate At 4.2527
Romanian leu widened early losses against the euro in mid trade Monday, mirroring neighbors, and the central bank’s reference weakened 0.7% to 4.2527 units, from 4.2233 units Friday. citeşte tot
-
Romania June Private Lending +3.2% On Month To RON213.6B
Romanian private lending rose 3.2% in real terms to 213.6 billion lei (EUR50.5 billion) in June from a month earlier, largely fueled by growing foreign currency loans, central bank data showed Monday. citeşte tot
-
EBRD Ups Romania GDP Forecast To +1.9% In 2011
The European Bank for Reconstruction and Development Friday revised upward its forecast for Romanian economic growth to 1.9% in 2011, from 1.8% previously, citing improved economic prospects, albeit at a modest pace. citeşte tot
-
Romanian Petrom Secondary Offering Fails To Ignite Interest - Sources
Romanian authorities will reschedule a secondary public offering for a 9.84% in dominant oil company OMV Petrom (SNP.RO), due to weak interest from investors, people familiar with the matter said Friday. citeşte tot
-
Romania May Extend Petrom Bid Deadline Due To Low Uptake - Sources
Romanian authorities might have to extend or even reschedule a secondary offering for a 9.84% stake in dominant oil company OMV Petrom (SNP.RO), due to a low level of subscriptions, people familiar with the matter said Friday. citeşte tot
-
Romania 1H Passenger Car Sales Down 18% On Year To 42,233 Units
Romanian new passenger car sales fell 18.3% to 43,233 units in January to June, from 52,911 units in the year-earlier period, the Automotive Manufacturers and Importers Association, or APIA, said Thursday. citeşte tot
-
Romania Could Add Oltchim To List Of Privately Managed Firms - Min
Romanian state-run chemical plant Oltchim Ramnicu Valcea (OLT.RO) could be included on the list of companies to be run by private managers, Economy Minister Ion Ariton said Tuesday. citeşte tot
-
Romanian Economic Expectations Improve, But Concern Remains - Survey
Romanian economic expectations have improved significantly over the past twelve months, but the indicator stays in negative territory, a survey from market researcher GfK showed Monday. citeşte tot
-
Romanian Leu’s Rate Firms To 4.2685 Vs Euro, Falls To Fresh Low Vs Swiss Franc
Romania’s leu recovered early losses against the euro by mid trade Monday and the central bank’s reference strengthened slightly to 4.2685 units, from 4.2717 units in the previous session. citeşte tot
-
Romania Jobless Rate Falls To 4.8% In June
Romanian unemployment rate fell to 4.78% in June, from 4.97% a month earlier, the country’s employment agency ANOFM said Monday. citeşte tot
-
Romania Ctrl Bk: Good Farm Output Could Slow Inflation Below 4% In Sept
Romanian inflation could benefit from a good agricultural year and ease to below 4% in September, central bank governor Mugur Isarescu said Friday. citeşte tot
-
Romania Jan-May FDI Down 23% To EUR799M
Romanian foreign direct investment, or FDI, fell to EUR799 million in January to May, down 23.3% on the year, preliminary central bank data showed Friday. citeşte tot
-
Romania Jan-May Current Account Gap Narrows To EUR1.8B
Romania's current account deficit narrowed 37.7% to EUR1.8 billion in the first five months, from a gap of EUR2.9 billion in the year-earlier month, due to lower trade deficit and higher transfer surplus, central bank data showed Friday. citeşte tot
-
Romania Posts Highest Annual Inflation In EU For 11th Straight Month
Romania posted the highest inflation in the European Union for the eleventh consecutive month in June, while the EU's average rate eased to 3.1%, from 3.2% a month earlier, statistics office Eurostat said Thursday. citeşte tot
-
Romanian Leu Exchange Rate Hits 2011 Low Vs Euro At 4.2838
Romania’s leu recovered part of its early losses against the euro by mid trade Tuesday, but the central bank’s reference weakened 1.34% to 4.2838 units, the lowest rate this year. citeşte tot
-
Romania June New Car Registrations +1.2% On Month, -16% On Year
Romanian new car registrations inched up 1.25% on the month to 8,606 units in June, but were down 16% from the year-earlier month, Interior Ministry data showed Monday. citeşte tot
-
Romania’s Corporate Insolvency Market Affected By Insufficient Funds - IP
As many as 96% of Romanian insolvent companies end up declaring bankruptcy due to fund shortage from creditors to cover procedure costs and reduced refinancing possibilities, according to Transylvania Insolvency House. citeşte tot
-
Leu Touches New Low Against Swiss Franc At 3.5472
Romania’s leu widened early losses against major currencies in mid trade Monday, amid a negative sentiment in the international markets, and the indicative versus the Swiss franc fell to 3.5742 units, the lowest rate ever. citeşte tot
-
Romania Jan-May Trade Gap Narrows To EUR3.64B
Romania’s trade deficit narrowed to EUR3.64 billion in the first five months of 2011, from EUR3.93 billion in the year-earlier period, the country’s statistics institute INS said Monday. citeşte tot
-
Romanian June CPI -0.3% MM, Annual Inflation Narrows To 7.93%
Romanian consumer prices fell 0.29% in June from a month earlier, pushed down by cheaper food items, while the annual inflation eased to an unexpected 7.93%, the country’s statistics institute INS said Monday. citeşte tot
-
Fitch Ups Romania’s Brasov, Oradea; Puts Bucharest On Positive Watch
Fitch Ratings upgraded the Romanian cities of Brasov and Oradea's long-term foreign currency ratings to 'BBB-' from 'BB+', with stable outlooks, the agency said in a statement Thursday. citeşte tot
-
Greek Capital Withdrawals To Have Limited Impact On Romanian Economy - Erste
Romanian economy is unlikely to experience a setback following potential capital withdrawals from Greek lenders, as investors would step in to cover the gap, a survey from Austria’s Erste Group showed Tuesday. citeşte tot
-
Romanian Leu Up Vs Euro, Exchange Rate Hits 3-Week High At 4.1817
Romania’s leu widened early gains versus the euro in mid trade Tuesday, amid a positive sentiment after Fitch Ratings upgraded the country to investment grade, and the central bank’s reference firmed nearly 1% to 4.1817 units, the highest rate in three weeks. citeşte tot
