Emerging-Market Currencies Slip On Global Worries; Debt Strengthens A Bit – Wall Street Journal

Emerging-Market Currencies Slip On Global Worries; Debt Strengthens A Bit
Wall Street Journal
By Erin McCarthy Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)–Romania's currency tumbled to an all-time low against the euro on political concerns Monday, while other emerging-market currencies slipped in line with downbeat market sentiment.

Romanian Leu Tumbles To Record Low – Wall Street Journal


Deutsche Welle

Romanian Leu Tumbles To Record Low
Wall Street Journal
By ERIN MCCARTHY NEW YORK (Dow Jones)–The Romanian leu tumbled to an all-time low against the euro Monday, a second day of heavy losses following the collapse of the country's government last week. Romania's center-right government was brought down
Romania Won't Cut Rates as Political Turmoil Sinks LeuBusinessWeek
Romania's PM designate Victor Ponta to meet with IMF a day ahead of naming his Washington Post
Romania's PM censured, government fallsKTBS
Deutsche Welle
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FEATURE-Romania energy deregulation key to new investment – Reuters Africa

FEATURE-Romania energy deregulation key to new investment
Reuters Africa
By Luiza Ilie BUCHAREST, April 30 (Reuters) – Saddled with ageing power plants and lacking funds to upgrade a dilapidated energy sector, Romania's new government faces a tough task to convince skeptical investors the country will finally move forward

Romania Won’t Cut Rates as Political Turmoil Sinks Leu – BusinessWeek


euronews

Romania Won't Cut Rates as Political Turmoil Sinks Leu
BusinessWeek
By Irina Savu on April 30, 2012 Romania's central bank will probably refrain from cutting its benchmark interest rate for a fifth consecutive meeting after the government collapsed for a second time this year, sending the leu to a record low,
Romania's PM designate Victor Ponta to meet with IMF a day ahead of naming his Washington Post
Romania Seeks to Reassure MarketsWall Street Journal
Romania's PM censured, government fallsKTBS

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Romania’s BRD 1st-quarter net fell 39% – MarketWatch

Romania's BRD 1st-quarter net fell 39%
MarketWatch
By MarketWatch BUCHAREST -(MarketWatch)- Romania's second-largest bank BRD-Groupe Societe Generale SA Monday reported a 39% drop in first-quarter net profit, as higher risk costs offset an improvement in operating income, news agency Mediafax reports.
Romania BRD Q1 net profit 83 mln lei, misses pollReuters

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Romania’s PM designate Victor Ponta to meet with IMF a day ahead of naming his … – Washington Post


Atlanta Journal Constitution

Romania's PM designate Victor Ponta to meet with IMF a day ahead of naming his
Washington Post
BUCHAREST, RomaniaRomania's newly named prime minister-designate says he will meet with representatives of the International Monetary Fund, a day before he names his Cabinet. Victor Ponta, who leads the Social Democratic Party, said he hoped to
Romania Seeks to Reassure MarketsWall Street Journal
Romania's PM censured, government fallsKTBS
Romania's opposition says set to win parliament backingReuters
Journal of Turkish Weekly –Atlanta Journal Constitution
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Romania – Factors to watch on April 30 – Reuters

Romania – Factors to watch on April 30
Reuters
(Adds press digest) BUCHAREST, April 30 (Reuters) – Here are news stories, press reports and events to watch which may affect Romanian financial markets on Monday. BANCA TRANSILVANIA Romanian lender Banca Transilvania posts first quarter financial
Romania Won't Cut Rates as Political Turmoil Sinks LeuBloomberg

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Erste Cuts Profit Outlook on Hungary, Romania Loan Losses – BusinessWeek

Erste Cuts Profit Outlook on Hungary, Romania Loan Losses
BusinessWeek
By Boris Groendahl on April 30, 2012 Erste Group Bank AG (EBS), eastern Europe's second-biggest lender, saw loan losses soar in the first quarter because of Hungary and Romania and said bad debt would remain a bigger drag on earnings as it predicted
Banca Comerciala Romana Posts 1st-Quarter Loss on Bad-Loan CostsBloomberg
Erste Group meets capital requirements, profit upMarketWatch
Erste Group Meets Capital Requirements, Improves 1Q Net Profit To EUR346.5 MillionFox Business
4-traders
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