Romanian government Wednesday approved the final version of its letter of intent to a EUR3.5 billion precautionary loan agreement with the International Monetary Fund, following a review mission the fund completed in August, people familiar with the matter told MEDIAFAX.
Romanian Business Leaders (RBL) announced on December 3 by a press release that it is supporting pro-Western candidate Elena Lasconi (USR) in the second round of the presidential elections. "We, the Romanian entrepreneurs, want prosperity for Romania and its citizens. It's a crucial moment, and we expect the political parties whose governing programs are based […]
A poll carried out by CURS concomitant with the exit poll at the parliamentary elections on December 1 but not published by the polling agency, reveals that over 57% of the voters would opt for independent pro-Russian candidate Calin Georgescu in a potential second round against reformist candidate Elena Lasconi (USR),
A group of influential leaders within the Social Democratic Party (PSD) in Romania, including former prime minister Victor Ponta (currently adviser to prime minister Marcel Ciolacu) and regional leaders such as Marius Budai or Paul Stanescu, are reportedly inclined rather for the pro-Russian presidential candidate Calin Georgescu or at least are ready to negotiate...
Fourteen companies from the food industry will invest, in total, EUR 25.5 million in photovoltaic capacities greater than 1 MW, which will ensure their self-consumption, Economica.net reported. Over EUR 17.1 million of the amounts...
Despite the tensions coming from the political scene, the increases in yields on government bonds (which means that investors perceive higher risk in Romania), and the falls on the stock market, the National Bank of Romania (BNR) managed to keep the exchange rate stable. On December 3, the BNR announced an exchange rate for the […]
The blue chips index BET at the Bucharest Stock Exchange lost 2.35% on December 3 in a session dominated by volatility and lack of predictability, which started with a 0.76% advance building on positive dynamics on the first day after the parliamentary elections that indicated a possible democratic coalition. By the end of the day, […]
