Articolele autorului Florentina Dragu
-
Romania Ctrl Bk Ups Year-End CPI Forecast To 8.2% - Sources
Romania's central bank has revised upward its forecast on year-end inflation to 8.2% in 2010 from a previous 7.8%, people familiar with the matter told MEDIAFAX. citeşte tot
-
ING: Romania Ctrl Bk Likely To Miss New CPI Targets
Romania's central bank is likely to miss its “ambitious” inflation targeting set for the next years, because its monetary policy decisions will lack the required sternness, ING Bank Romania said in a report Wednesday. citeşte tot
-
PwC Sees Romanian GDP Growing 1.6% In 2011
Romanian economy is likely to grow 1.6% in 2011, ending a two-year recession period, but the country’s annual inflation is seen easing only to 5.4% next year, above the central bank’s upper band target of 4%, a PricewaterhouseCoopers (PwC) survey showed Wednesday. citeşte tot
-
Romania Ctrl Bk Sets CPI Target At 3% For 2012, 2.5% As Of 2013
Romania’s central bank Tuesday decided to keep the 2012 inflation target at 3%, with one percentage point variation band, and to adopt a flat multi-annual inflation target of 2.5%, plus/minus 1 percentage point, as of 2013. citeşte tot
-
Romania Central Bank Leaves 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 fourth consecutive time as it continues battling rising inflation following a raise in the sales tax. citeşte tot
-
IMF: Romania Ctrl Bk Likely To Resume Easing Policy In H1 2011
Romanian central bank could resume its monetary easing policy in the first half of 2011, after an increase in the sales tax introduced earlier this year has forced the process into a temporary halt, an official of the International Monetary Fund said Monday. citeşte tot
-
IMF Says Flexible About Romania Budget Deficit
The International Monetary Fund is flexible regarding Romania’s budget deficit, but the deficit size is limited by the amount of financing available on foreign markets, IMF mission head Jeffrey Franks said Monday. citeşte tot
-
Romania, IMF To Discuss Follow-Up Deal In Q1 2011
Romania and the International Monetary Fund will discuss the terms of a possible follow-up loan agreement at the fund’s next review mission to Bucharest in 2011, IMF mission head Jeffrey Franks said Monday. citeşte tot
-
IMF Sees Positive Q4 GDP Growth In Romania
The International Monetary Fund on Monday estimated Romania economy will return to positive territory in the fourth quarter, followed by a more consistent growth of 1.5% in 2011. citeşte tot
-
IMF: Romania Should Keep Tax System Stable For Couple Of Years
The International Monetary Fund recommended Romania maintained its tax system broadly unchanged for the next two years to ensure stability in the business and consumption sectors, IMF mission chief Jeffrey Franks said Monday. citeşte tot
-
IMF: Romania Should Change Consumer Loan Ordinance
The International Monetary Fund and European Commission officials Monday insisted Romania changed its consumer loan ordinance to better suit lenders and customers alike, but declined to specify whether new aid from a EUR20 billion lifeline depends on the act being modified. citeşte tot
-
IMF: Romania To Ask For New Waiver On Govt Arrears
Romania hasn’t met the end-September performance criteria in the sector of general government arrears and it will ask the International Monetary Fund for a new waiver of non-observance, IMF mission chief Jeffrey Franks said Friday. citeşte tot
-
Romanian GDP/Capita Unlikely To Hit Pre-crisis Levels Until 2013 - IMF
Romanian gross domestic product per capita is not likely to return to pre-crisis levels until 2013 at the earliest, according to estimations of the International Monetary Fund. citeşte tot
-
Romanian Leu Widens Gains Vs Euro, Exch Rate At 4.2643
Romania’s leu extended early gains versus the euro in mid trade Thursday, after the Government survived a no-confidence vote in Parliament a day earlier, and the central bank’s reference strengthened over 0.4% on the day to 4.2643 units. citeşte tot
-
IMF: Romania To Exit Recession In 2011
Romania will return to economic growth in 2011, most likely of around 1.5%, officials of the International Monetary Fund said Thursday, following media estimations that the country would remain mired in recession for the third consecutive year. citeşte tot
-
Romania Ctrl Bk: High Borrowing Costs Reflect Inconsistent Economic Policies
Romania pays high interests to borrow from international markets because of inconsistent economic policies and of the negative image sent abroad, central bank governor Mugur Isarescu said Wednesday. citeşte tot
-
Romania Sept Overdue Loans Up 9% On Month To RON15.6B
Romanian overdue private loans rose 9% on the month to 15.6 billion lei (EUR1=RON4.2744) in September, equal to nearly 7.5% of the total lending, central bank data showed Wednesday. citeşte tot
-
Romania’s Move To Cut VAT, Lift Pension Tax Calls For Careful Assessment - IMF
Romanian parliament’s decision to cut the value added tax for basic food items and lift a 16% tax on small pensions must be “carefully” analyzed to establish its possible effects on the economy, said Mihai Tanasescu, Romanian representative to the International Monetary Fund. citeşte tot
-
Romania Leu’s Exch Rate Weakens To 4.3 Units Vs Euro
The Romanian leu edged lower against the euro in mid trade Wednesday and the central bank’s reference lost 0.3% on the day at 4.3084 units, a fresh three-and-a-half months low. citeşte tot
-
Romania Most Pessimistic About Economy, Finances In Emerging Europe - Survey
Romania is the most pessimistic country in Eastern Europe when it comes to consumer confidence and financial expectations, with the two indicators dropping from 120 points to less than 40 in the past two years, a survey from the International Monetary Fund showed. citeşte tot
-
Gazprom Says Interested In JV With Romania’s Romgaz
Russian natural gas monopoly Gazprom will send a team of experts to Romania to analyze the opportunity of a joint venture with local peer Romgaz, Gazprom’s president Alexei Miller said Wednesday. citeşte tot
-
Gazprom, Romania Sign MOI On South Stream Proj
Russian natural gas giant Gazprom and Romanian authorities Wednesday signed a memorandum of intent on the possibility that the South Stream pipeline may transit Romania, Gazprom’s chief Alexei Miller said. citeşte tot
-
Romania 8-Mo FDI Falls 36% To EUR1.95B
Romanian foreign direct investment, or FDI, fell 35.9% to EUR1.95 billion in the first eight months, from EUR3.05 billion in the year-earlier period, the central bank said Wednesday. citeşte tot
-
Romania Jan-Aug Current Account Gap Widens To EUR4.07B
Romania's current account deficit widened 48.7% to EUR4.07 billion in the first eight months, from a gap of EUR2.74 billion a year earlier, largely due to the falling current transfers surplus, central bank data showed Wednesday. citeşte tot
-
Romania Fin Ministry Proposes New Budget Revision In Oct
Romania's Finance Ministry will recommend the government make a second budget revision for 2010 at the end of October, aimed mainly at resetting expenditure budgets at ministries, state secretary Gheorghe Gherghina said Tuesday. citeşte tot
