Tag: Romania

Romania government faces collapse in no-confidence vote

Romania's beleaguered left-wing government risks collapse in a no-confidence vote Thursday. Prime Minister Viorica Dancila lost her parliamentary majority in August when the junior...

Spain, Italy battle to maintain perfect Euro 2020 qualifying starts

PARIS: Spain took a step closer to qualification for Euro 2020 on Thursday after surviving a scare in Romania to win 2-1 and continue their...

Romanian president says govt must seek confidence of MPs

BUCHAREST: Romania's president said Wednesday that the Social Democrat (PSD) minority government must seek the confidence of MPs, a move which could bring it down. Prime...

Romania central bank’s FX reserves rise to 35.47bn euros in July

BUCHAREST: The Romanian central bank's foreign exchange reserves, excluding 103.7 tonnes of gold, rose by 2.9 billion euros to 35.47 billion euros ($39.15 billion) in...

Romania police academy chiefs accused of threatening reporter quit

BUCHAREST: The chiefs of Romania's Police Academy resigned Friday after being accused of sending life-threatening messages to an investigative journalist who has uncovered instances of...

Romania flash Q1 GDP 5.0% y/y, above forecast-stats board

BUCHAREST: Romania's economy expanded 5.0% on the year in the first quarter, sharply above market expectations of 3.9%, a flash estimate from the National Statistics...

Romania sells planned 400mn lei of June 2024 bonds

BUCHAREST: Romania's finance ministry sold the planned 400 million lei ($94.52 million) of June 2024 treasury bonds on Thursday at an average accepted yield of...

Hungarian, Romanian bond yields rise on inflation worry

BUDAPEST: Romania's 10-year government bond yields reached their widest spread over Bunds since 2012 on Thursday and Hungarian bond yields rose amid worries over a...

Romania sells 400mn lei of one-year treasury bills

BUCHAREST: Romania sold a planned 400 million lei ($95.87 million) worth of one-year treasury bills on Thursday, with the average accepted yield at 3.01 percent,...

Romanian central bank holds benchmark rate at 2.50pc

BUCHAREST: Romania's central bank kept its benchmark interest rate unchanged at 2.50 percent on Thursday, as expected by all analysts polled by Reuters, with consumer...