12 mar 2012

Romania’s leu was stable against the euro by midday Monday and the central bank’s reference weakened modestly to 4.3558 units, from 4.3545 units in the previous session. more

12 mar 2012

Romania's central bank (BNR) Monday injected 6.72 billion lei (EUR1.54 billion) into the market in a one week repurchase agreement operation at an interest rate of 5.5% a year, equal to the monetary more

12 mar 2012

Bucharest shares opened lower Monday, tracking European markets, with investment fund Fondul Proprietatea (FP.RO) covering over one third of the bourse’s liquidity in early trade. more

12 mar 2012

Romania’s leu opened flat against the euro Monday and barely moved in early action, amid low volumes. more

12 mar 2012

Romania’s trade deficit widened to EUR462.8 million in January, from EUR211.3 million in the year-earlier month, the country’s statistics institute INS said Monday. more

12 mar 2012

Romanian consumer prices inched up 0.64% on the month in February, driven by higher food prices, but the annual inflation eased for the fourth straight month to 2.59%, a new record low since the more

9 mar 2012

Romania’s leu continued to trade in a tight range against the euro in early session Friday, ending an uneventful week during which it barely moved outside 4.35/4.36 per euro, amid low volumes. more

9 mar 2012

Romania's government and the central bank are working on a new set of measures aimed to increase domestic consumption, including possible salary increases in the public sector, the executive’s more

9 mar 2012

Romania’s securities commission CNVM has withdrawn the operating license of brokerage firm STK Trading Cluj-Napoca, at the firm’s request. more

9 mar 2012

Romania’s Finance Ministry has revised upward its forecast on the gross domestic product to around 609 billion lei (EUR140 billion) in 2012, from RON580 billion previously, state secretary Gheorghe more

9 mar 2012

Romanian Finance Minister Bogdan Dragoi Friday estimated the country’s economy has slipped back into technical recession in the first quarter, hit by bad weather. more

9 mar 2012

Romania’s leu traded in narrow ranges against the euro by midday Friday and the central bank’s reference barely moved to 4.3545 units, from 4.3553 units a day earlier. more

9 mar 2012

The Romanian government is searching for solutions to boost per capita income, but only if the measures don’t affect the budget deficit target for 2012 and they prove financially sustainable in the more

9 mar 2012

Romanian unemployment rate was virtually unchanged at 5.27% in February, from 5.26% a month earlier, the country’s employment agency ANOFM said Friday. more

9 mar 2012

Bucharest shares were mostly higher Friday morning, tracking European markets, but the five regional investment funds (SIFs) inched down on the day. more

9 mar 2012

Romania’s leu traded below 4.36 versus the euro in early action Friday, amid low volumes and little investor interest. more

9 mar 2012

OTP Bank Romania, the local unit of Hungary’s financial group OTP, has swung to a profit after taxes of EUR2.6 million in 2011, versus losses a year earlier, helped by lower provisions, the more

9 mar 2012

Romanian adjusted industrial production inched up 0.6% in January compared with a month earlier, fueled by higher output in most sectors, the country’s statistics institute INS said Friday. more

8 mar 2012

Romania’s leu closed slightly higher against the euro after a calm session Thursday, lagging behind its peers in the region which gained more substantially amid hopes that Greece can strike a deal more

8 mar 2012

Restoring the public wages to pre-austerity levels in Romania would impact not only the budget deficit, but would likely trigger a series of additional negative effects in the economy, such as higher more

8 mar 2012

Enel Green Power, a unit of Italy’s utility Enel, plans to add another 180 MW to its Romanian wind energy network in 2012, taking its installed capacity to around 450 MW, general manager Francesco more

8 mar 2012

The liquidity shortage in the Romanian banking system more than doubled in February, with lenders borrowing on average 3.3 billion lei (EUR0.76 billion) a day from the central bank, compared with more

8 mar 2012

Romania’s leu edged higher versus the euro by midday Thursday and the central bank’s reference gained marginally to 4.3553 units, from 4.3558 units a day earlier. more

8 mar 2012

The European Commission has authorized Romania’s planned debt-to-equity conversion of public debt amounting to around EUR135 million for chemical producer Oltchim SA (OLT.RO), state officials said more

8 mar 2012

Bucharest shares edged higher at the open Thursday, ending a three-day losing streak prompted by higher aversion to risk from investors. more