Articolele autorului Florentina Dragu
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Romanian Leu Widens Loss Vs Euro, Exchange Rate At 4.1127
Romania’s leu extended early losses against the euro in mid trade Wednesday and the central bank’s reference weakened to 4.1127 units, from 4.1073 units a day earlier. citeşte tot
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Romania 1Q Tourist Arrivals Up 13.2% On Year
Tourist arrivals in Romania rose 13.2% in the first quarter compared with the year earlier period, while the number of tourists accommodated was up 12% on the year, the statistics institute INS said Wednesday. citeşte tot
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Romania 1Q Adjusted Retail Sales -5.6% On Year
Romanian adjusted retail sales declined 5.6% in the first quarter of 2011 compared with the year-earlier period, on falling consumption in all sectors, the statistics institute INS said Wednesday. citeşte tot
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Moody’s: Romania Needs Structural Reforms, Performing State Cos
Romania's government must pursue structural reforms and improve state enterprise performance while maintaining the fiscal prudence that it embraced after the global crisis to fully-benefit from its economic ties with the European Union, Moody’s Investors Service said in a recent report. citeşte tot
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Romanian Leu Widens Loss Vs Euro, Exchange Rate At 4.1073
Romania’s leu continued to retreat against the euro in mid trade Tuesday and the central bank’s reference weakened 0.5% to 4.1073 units, the lowest level in three weeks. citeşte tot
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Romania Central Bank Keeps Key Rate Unchanged At 6.25%
Romania’s central bank Tuesday left its main interest rate at a record low of 6.25% a year for the eighth straight time, after costlier fuels and food items pushed the inflation rate to the highest in 31 months. citeşte tot
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Romanian OMV Petrom Asks RON92M Refunds For Eco-Friendly Works
Romania’s leading oil company OMV Petrom (SNP.RO) has requested the state issue refund payments of 91.68 million lei (EUR22.5 million) for environment decontamination works at some of its decommissioned wells, the company said in its financial report for 2010. citeşte tot
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Gazprom’s Deliveries To Romania Up 4% To 2.6 Bcm In 2010
Russian natural gas giant Gazprom delivered 2.6 billion cubic meters of gas to Romania in 2010, up 4% on the year, the group said in a report Thursday. citeşte tot
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Romania Keeps 2015 Deadline For Euro Adoption
The Romanian government Friday decided to keep the year 2015 as the official deadline for euro adoption, participants in the executive’s meeting told MEDIAFAX. citeşte tot
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Romanian Managers See Economic Activity Slightly Up In Q2
Romanian companies estimate economic activity will pick up in the second quarter of 2011 from a quarter before, with the constructions sector set up to improve more vigorously, the statistics institute INS said in a statement Thursday. citeşte tot
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Eurostat Team Visits Romania For Talks On 2010 Deficit
A team of European Union’s statistical arm Eurostat will arrive in Bucharest at the end of the month to hold talks on the country’s budget for 2010, a Finance Ministry official said Wednesday. citeşte tot
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Romanian Leu Down Vs Euro, Exch Rate At 4.0767
Romania’s leu edged lower against the euro in mid trade Wednesday and the central bank’s reference weakened slightly to 4.0767 units, from 4.0735 units a day earlier. citeşte tot
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Romania March Private Lending -1.9% On Month To RON204B
Romanian private lending fell 1.9% in real terms to 203.9 billion lei (EUR50.05 billion) in March from a month earlier, and was down 5.3% on the year, central bank data showed Wednesday. citeşte tot
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IMF Has ‘No Doubts’ On Romania 2010 Deficit Data - Official
The International Monetary Fund has “no doubts whatsoever” on the quality of the budgetary data sent by Romania for 2010, the country’s representative to the IMF said Wednesday. citeşte tot
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Romania To Verify State Cos Data After EU Cites Uncertainties On 2010 Figures
Romania's Finance Ministry will verify the accuracy of the financial figures reported by a series of state-run companies, after the European Union expressed reserve on the quality of the budget deficit data sent by the country. citeşte tot
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Romania Leu’s Exch Rate Firms To New 13-Mo High At 4.0735 Vs Euro
Romania’s leu continued to advance against the euro in mid trade Tuesday and the central bank’s reference strengthened 0.2% to 4.0735 units, reaching a fresh 13-mo high. citeşte tot
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Romania Foregoes 2015 Deadline For Euro Adoption
Romania gave up its self-imposed 2015 deadline for the euro adoption, saying the country will not be able to join the European Exchange Rate Mechanism (ERM-II) before 2013-2014, according to the draft convergence program for 2011-2014. citeşte tot
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Romanian FDI Seen Rising To EUR5.8B In 2014
The Romanian government estimates foreign direct investments will increase to EUR5.8 billion in 2014, from EUR3.6 billion predicted for this year, according to the draft convergence program for 2011-2014. citeşte tot
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Tax Increases Could Shadow Romania Private Consumption Recovery
Romanian private consumption is set to pick up in the coming period, following sharp reductions in the previous years, but recovery could lag behind due to possible tax increases and higher global prices for oil and food items, according to the draft convergence program for 2011-2014. citeşte tot
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ING: Jobless Figures Don’t Reflect Romanian Economic Reality
Romanian declining unemployment rate “is spectacular”, but it doesn’t reflect the economic reality in the country, ING Bank said in a report Friday. citeşte tot
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IMF-EU Delegation To Visit Romania April 27 - May 9
Joint teams from the International Monetary Fund, the European Commission and the World Bank will visit Romania between April 27 and May 9 for the first review of a EUR5.3 billion precautionary agreement signed end March. citeşte tot
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Romanians Concerned Over More Price Increases - Survey
Romanian consumers estimate further price increases in the coming period, due to possible higher taxes and charges, a survey from market researcher GfK showed Thursday. citeşte tot
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Romania Jobless Rate Falls To 5.9% In March
Romanian unemployment rate fell to 5.92% in March, from 6.58% a month earlier, the country’s employment agency ANOFM said Wednesday. citeşte tot
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Romanian Banks “Warming Up” For Lending Restart - Assoc
Romanian banking system is going through a “warm-up” period, when the lenders provide mostly refinancing services, but the situation must change so that private lending can recover, the head of Romanian Banking Association said Wednesday. citeşte tot
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Romania Leu’s Exch Rate Hits New 13-Mo High At 4.0858 Vs Euro
Romania’s leu returned to gains versus the euro in mid trade Wednesday, and the central bank’s reference strengthened to a fresh 13-month high at 4.0858 units, from 4.091 units a day earlier. citeşte tot
