12.19.2016

Romanian coal and power producer CET Govora, which went insolvent in May, switched to profit following the measures taken by judicial administrator Euro Insol, including the renegotiation of over 100 more

10.07.2016

Romanian central bank on Friday set the leu’s reference rate versus the euro at a three-month low of 4.4949 units, “as jitters about the CHF conversion bill persisted”, according to ING more

07.25.2016

The Romanian leu gained ground versus the euro by midday Monday and the central bank set the leu’s reference rate versus the euro at 4.444 units, up 0.38% from 4.462 units Friday. more

06.24.2016

The Romanian leu lost ground versus the euro by midday Friday and the central bank set the leu’s reference rate versus the euro at 4.5366 units, down 0.41% from the previous day and the highest drop more

06.24.2016

The Romanian leu lost ground versus the euro Friday morning, trading at 4.55 units per euro, and is expected to depreciate further unless the central bank intervenes. more

05.05.2016

The Romanian leu lost ground versus the euro in early trade Thursday, trading at 4.5 units, the lowest rate since February, while analysts expect a further depreciation of the local currency. more

04.28.2016

Romania might enter the Eurozone around the mid-2020s, when GDP per capita (in terms of purchasing power standards) will be closer to the 70% of EU average – a figure also suggested by the central more

04.25.2016

Euro Insol on Monday said it was appointed judicial liquidator of real estate project Green City, a compound of 650 villas developed by businessman Dumitru Bucsaru by means of various firms either more

04.18.2016

Bucharest Court of Appeals rejected the appeal of energy trader Alpiq Romindustries to Bucharest Court's ruling, which rejected the trader’s appeal against the measure taken by legal administrator more

04.06.2016

Bucharest Court has admitted the insolvency request of Romanian oil and gas geophysical surveyor Prospectiuni (PRSN.RO), according to Euro Insol company, which was appointed judicial administrator. more

03.29.2016

Ziarul Financiar has compiled the first ranking of companies with at least one billion euros in revenue in Romania starting from the available information about their 2015 results. The ranking may more

01.14.2016

The leu/euro exchange rate should remain stable this year, with a clear trend to gain ground against the euro, as Romania’s central bank might pursue a more predictable policy and less volatile more

11.04.2015

Romanian leu weakened versus the euro Wednesday amid uncertainties following the resignation of Romanian Prime Minster Victor Ponta. more

09.30.2015

Romania's target to adopt the single European currency in 2019 is no longer feasible and the country needs a clear timeline, agreed nationwide, before setting a target, central bank governor Mugur more

09.17.2015

Romania needs to draw up a policy calendar, integrate it into a roadmap and come up with a realistic term for euro adoption, central bank deputy governor Bogdan Olteanu said Wednesday, adding the 2019 more

08.24.2015

Retail euro loans, which include both consumer and mortgage loans, have seen such a significant decline that banks are now selling EUR15 million worth of loans a month compared with EUR200 million in more

07.01.2015

The tenth anniversary of the hard leu, which no one had thought would live more than seven to ten years in 2005 (expectation at the time was that the shift to the euro would happen soon after the EU more

06.04.2015

Romania still has some steps to take before adopting the euro, which needs to be done at the right time, and not before some structural reforms were made, central bank governor Mugur Isarescu said more

05.08.2015

Building a roadmap for Romania’s euro-zone accession is even more important than the target date, while the lack of the roadmap makes discussions about January 1, 2019 pointless, central bank head more

04.29.2015

Romania needs to complete major adjustments of its economic policies before entering the exchange rate mechanism, the anteroom of the euro-zone, said central bank governor, Mugur Isarescu. more

04.27.2015

Romania’s leu opened flat versus the euro in early session Monday, amid low volumes. more

04.23.2015

Romania’s leu closed flat versus the euro Thursday, at 4.423 per euro, from 4.4241 per euro the previous day, amid average volumes. more

04.22.2015

Romania’s leu closed higher versus the euro Wednesday, at 4.4241 per euro, from 4.437 per euro the previous day, amid average volumes. more

04.17.2015

The Romanian leu fell against the euro in the second part of Friday session, lining up with the other currencies in the region, which entered the downward trend on Thursday afternoon. more

04.16.2015

The leu rose against the euro Thursday, beating the other currences in the region, which lost ground against the European coin. more