Romania's Financing Costs May Increase After S&P Cut Euro Zone Ratings
01.16.2012
An increase in euro financing costs and a higher leu/euro exchange rate volatility could be the first effects of rating agency Standard & Poor’s (S&P) decision to downgrade nine euro zone countries. However, the reduced ratings for Spain or Portugal could be the chance for Romania to stand out in investors’ eyes among other European countries, considering the stable macroeconomic picture and the fact that it has already implemented austerity measures.
To read the full story, please
ZF English is Romania's top provider of economic and business news in English.
With your subscription, you gain access to more than 250 stories / week, from the most important business media in Romania:
- Ziarul Financiar - the leading business newspaper
- Mediafax - the leading news agency
- BUSINESS Magazin - the leading weekly business magazine
More about ZF English here. For payment details, see terms.
LOGIN / Lost password?
- Fitch Ups Outlook On Rompetrol's 'B+' Rating To Stable
- Introducing Fast Food Tax To Impact Romanian Food Industry, Consumers - Association
- Bucharest Stocks Close Down On International Worries
- Posta Romana To Lay Off 6,500 Employees, Almost 20% Of Staff
- UniCredit: Greek Euro Exit Unlikely To Hit Romania Too Hard
- Economy Minister: Hidrolectrica Bilateral Contracts No Longer Underpriced
- Basescu: Romanian Public Must Be Shown That Shale Gas Exploitation Poses No Major Risk
- EBRD Ups Romania GDP Growth Forecast To 1.2% In 2012
- Romania To Keep Oil, Gas Royalty Rates Unchanged Until 2015
- Cegedim: Romanian Medicine Market Climbed 21% In Jan-March
- Transport Minister: Work On Transylvania Highway To Move Ahead
- US Ambassador Says He’ll Talk To Romanian Economy Ministry On Shale Gas Moratorium
- US Trader Goes From Wall-Street Investments To Buying Farmland In Romania And Bulgaria
- FOCUS: Imported Foods Sold In Romanian Stores At Prices Almost Ten Times Higher Than Entry Prices
BNR Exchange Rates
1EUR = 1.27USD 1USD = 0.79EUR more
