Viewing posts from : September 2014
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Analysts expect key interest rate reduction in Romania

The Romanian Central Bank BNR could further slash its key interest rate by 0.25pp on Tuesday, to 3%, according to analysts quoted by Mediafax newswire. Meanwhile, minimum mandatory reserves could stay the same, 12% for RON and 16% for foreign currencies. The latest cut in the key interest rate was in August, down to 3.25%, […]

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More details on the new Alternative Trading System

Bucharest Stock Exchange (BVB), Romania’s main capital market operator, aims to have at least five companies listed on its new platform for small and medium enterprises by the end of this year, according to Ludwik Sobolewski, BVB’s CEO. “Our goal is to re-launch this market by a simultaneous debut of several companies. Desirably, most of […]

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Romania keeps budget deficit low by limiting public investments

Romania’s consolidated state budget deficit was EUR 355 million, or 0.24% of the GDP, in the first eight months of 2014, five times lower than in the same period of 2013, as budget revenues were higher while the state’s expenditures were lower. The Government wants to keep the budget deficit under 2.2% of GDP this […]

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Head of BVB met with 20 companies to discuss quoting

The Director General of the Stock Exchange in Bucharest (BVB), Ludwik Sobolewski, met Friday with representatives of more than 20 small businesses, to discuss the possibility of listing on the special market dedicated to small and medium-sized enterprises, which will be introduced this year. “This morning (Tuesday) I invited young entrepreneurs, small businesses on the […]

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BVB yesterday introduced a new index, BET Total Return

“Polish pension funds and investment funds are starting to invest in Romania, and the main reason is the dividend,” said Lucian Anghel, president of the Stock Exchange in Bucharest. BVB yesterday introduced a new index, Bet Total Return (Bet-TR), which will take into account the dividend approved by the company’s in it, and which, according […]

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