09.17.2013

Slowness and fear of taking decisions are among the main reasons why Romania lacks foreign investments, believes Mihai Bogza, president of the Foreign Investors Council (CIS) and chairman of more

09.16.2013

Foreign banks cut their exposure to Romania by more than $3.3 billion to $46.44 billion in the first quarter of 2013, data from the Bank for International Settlements showed. more

09.09.2013

Romania’s exports rose to a record 4.48 billion euro in July, the country’s statistics institute INS said Monday. more

08.02.2013

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07.10.2013

Romania’s trade deficit narrowed to EUR2.18 billion in the first five months of 2013, from EUR3.67 billion in the year-earlier period, the country’s statistics institute INS said Wednesday. more

06.10.2013

Romania’s trade deficit narrowed 37.7% on the year to EUR1.67 billion in the first four months, largely reflecting a 7.2% increase in foreign demand, the country’s statistics institute INS said more

05.24.2013

Foreign investors have come to holds more than one fifth of government bonds in lei in circulation, with their share at the end of March 2013 close to almost 21%, from 11% a year before, according to more

05.10.2013

Romania’s trade deficit narrowed 37.6% on the year to EUR1.07 billion in the first quarter, reflecting a pickup in foreign demand and a downfall in imports, the country’s statistics institute INS more

04.10.2013

Exports rose 10% in February 2013 against the same month of the previous year, driven mainly by the auto sector, more specifically the contribution of Ford, which was nonexistent in the first part of more

03.26.2013

Romanian small and medium-sized companies will have limited access to foreign currency loans once the central bank’s new regulations are in place, an official of Volksbank Romania said Tuesday. more

03.12.2013

Romania’s trade deficit narrowed to EUR300.8 million in January, from EUR460.2 million in the year-earlier month, the country’s statistics institute INS said Tuesday. more

03.07.2013

Romania is unlikely to return to pre-crisis level of growth without major reforms that would boost investment and increase job creation, representatives of the Foreign Investors Council said Thursday. more

02.11.2013

Romania’s trade deficit narrowed to EUR9.56 billion in 2012, from EUR9.67 billion a year earlier, as both exports and imports decreased slightly, the country’s statistics institute INS said more

01.03.2013

Romania’s foreign currency reserves rose slightly in December but ended 2012 below previous year’s levels, central bank data showed Thursday. more

12.10.2012

Romania’s trade deficit widened to EUR8.26 billion in the first ten months of 2012, from EUR7.68 billion in the year-earlier period, the country’s statistics institute INS said Monday. more

10.10.2012

Romania’s trade deficit widened to EUR6.3 billion in the first eight months of 2012, from EUR6.06 billion in the year-earlier period, the country’s statistics institute INS said Wednesday. more

10.02.2012

Romania’s central bank will implement stricter rules regarding foreign-currency lending, and prospective borrowers must prove they can put up with severe shocks to the exchange rate. more

09.25.2012

The new regulation on foreign currency lending to small and medium-sized enterprises (SMEs) could condition borrowing in hard currency by obtaining revenue in the said currency. more

07.19.2012

Four out of ten companies in the top 100 companies of the world ranking compiled by the Fortune Magazine have operations in Romania, but very few of the world’s giants have a manufacturing business more

06.28.2012

For the first time ever, Romania’s central bank (BNR) says financing of foreign-held banks by their parent banks is uncertain and therefore finds it has to lend them money itself. more

06.20.2012

Romania is the sixth most attractive European country for foreign investments in the next three years, according to Ernst&Young’s 2012 European Attractiveness Survey report released Wednesday. more

05.11.2012

The significant reduction in the exposure of eurozone parent banks to financial markets in the region, including Romania, and the higher volatility of capital flows in general, have become two of the more

05.09.2012

Romania’s trade deficit widened to EUR1.69 billion in the first quarter, from EUR1.5 billion in the year-earlier period, the country’s statistics institute INS said Wednesday. more

04.26.2012

European banks’ exposure to Romania fell 5.7% to $102.5 billion in 2011, from $108.8 a year earlier, data from the Bank for International Settlements showed. more

03.05.2012

After returning to Romania for just a few days from the European roadshow to promote Transelectrica’s (TEL.RO) offering, Lucian Anghel, chairman of the Bucharest Stock Exchange (BVB.RO), tells ZF in more