Romania: a surprise cut
Worried about growth? Get cutting! That was the message from Romania’s central bank as it surprised analysts and the market by cutting interest rates by 50 basis points to 4.5 per cent on...
View ArticleClik here to view.
Guest post: Romanian privatisations to boost equity market
By Lucian Anghel, chairman of the Bucharest Stock Exchange The Bucharest Stock Exchange, or BVB, has never played a big role in Romania’s economy; nor has it been the focus of much international...
View ArticleClik here to view.
Romania cuts rates to record low – more to come?
Romania’s interest rates have hit a record low, but will it be enough to revive its flagging economy? As central banks in some developed markets seem to be gearing up for tighter monetary policy,...
View ArticleCEE: evidence of a rebound as growth forecasts upped
A lot of recent numbers indicate that central Europe’s economies have turned the corner and are starting to rebound after a slump late last year and in the first months of 2013. More data buttressing...
View ArticleClik here to view.
bb review: Balkan film industry showing promise
Hollywood, Bollywood, Nigeria’s Nollywood; France’s arthouse cinema scene, British romcoms, Italian and Russian film from the likes of Fellini and Tarkovsky; the Korean Wave. The cinema culture of...
View ArticleClik here to view.
Romania’s biggest IPO: a privatisation breakthrough?
It was the biggest initial public offering in Romania’s history, and the latest of several big IPOs in eastern Europe. But will Friday’s part-privatisation of natural-gas utility Romgaz reinvigorate...
View ArticleCEE: GDP figures confirm strong rebound
Maybe it’s time to start preparing for a return wave of CEE migrants from western Europe, as Thursday’s flash GDP third quarter numbers show that most of the region’s economies are experiencing a sharp...
View ArticleClik here to view.
Romania slashes rates to record low
In recent weeks, much has been made of Romanians’ desire to leave their country and work abroad, partly due to the weakness of Romania’s own economy. On Wednesday, the country’s central bank made an...
View ArticleA new tiger? Romania hits 5.2 per cent growth in last quarter
Five per cent GDP growth is these days more associated with the fittest Asian and African emerging economies than the sluggish EU fringe, but Romania has sprung a surprise with its Q4 2013 figures, its...
View ArticleRomania fund for victims of communism eyes London listing
A Romanian investment fund originally set up by the government to compensate people who had their assets confiscated under communism will seek to list in London, in an ambitious move that could boost...
View ArticleClik here to view.
ECB signals fire up Eastern European bond rally
As the European Central Bank (ECB) teases investors with hints of monetary stimulus measures, expectations of a rate cut are already helping boost appetite for emerging market debt on the continent....
View ArticleEuropean EM bonds lift on ECB loosening
Central and Eastern European local currency bonds lifted following a widely-anticipated move by the European Central Bank to cut key interest rates in a bid to anchor the eurozone’s tentative economic...
View ArticleClik here to view.
Romania’s Basescu: in hot water but should stay the course
An attempted murder in a bar brawl; a president under siege after the arrest of his brother and son-in-law on graft charges, having already survived two referendums on impeachment – Romanian politics...
View ArticleCurrency stability key in Romanian rate cut
Negligible inflation and a desire to maintain exchange rate stability in spite of capital inflows were the key factors prompting Romania to cut interest rates to an all-time low, analysts said on...
View ArticleClik here to view.
Romania cuts rates, eases reserve requirements as growth plummets
Romania’s latest interest rate cut – to another all-time low – comes after a sharp slowdown in growth, but further easing will have to be weighed against the political outlook and the government’s...
View ArticleClik here to view.
Romania’s shock election result: more uncertainty ahead?
Romania is set for a period of political uncertainty following the shock victory of liberal Klaus Iohannis (pictured) in a presidential election on Sunday. With 96 per cent of the votes counted,...
View ArticleClik here to view.
Romania stock exchange sets sights on EM status
The Bucharest Stock Exchange is the largest bourse in post-communist south-east Europe and for spells in the past decade has been ranked as one of the world’s best-performing. Now the exchange and its...
View ArticleClik here to view.
Guest post: Romania surprises on the upside but challenges remain
By Greg Konieczny of Templeton Emerging Markets Group Following presidential elections in Romania last month and the surprising but positive victory of Klaus Iohannis, there was one key development...
View ArticleClik here to view.
With China calling, it is time for Romania to court investment
By Nick Kochan The election of a majority Social Democratic PSD party in Romania this past weekend gives the country a chance to push the reset button on its relations with foreign investors. After a...
View ArticleClik here to view.
Romania’s decriminalisation move is to be welcomed
By Nick Kochan The 250,000 protesters on the streets of Bucharest yesterday will not welcome it, but Romania’s new government are to be congratulated for reversing what has become a national obsession...
View Article
