10:58 Romania’s Interior Minister Lucian Bode stated on Friday (March 3) at the Interior Ministry (MAI) headquarters, on the occasion of the Civil Protection Day, that through the quick and efficient response provided following the requests for support coming from the countries affected by various emergency situations, Romania has proven that it is a credible partner within the cooperation formats.
10:42 Romania’s Minister of Labor and Social Solidarity, Marius Budai, and his Spanish counterpart, Jose Luis Escriva Belmonte signed in Spain a joint declaration of intent for collaboration in the field of social security between the relevant institutions of the two countries.
10:31 Romania’s Prime Minister Nicolae Ciuca stated on Thursday (March 2) on the occasion of the 20th anniversary of the Romanian Special Operations Forces, that the activity of these soldiers is recognized domestically and internationally and is a very distinguished branch of the Romanian Army, Agerpres reported.
10:22 Romania’s finance ministry raised nearly RON1 billion on Thursday (March 2) through two government bond issues, at annual average yields of 7.99% and 7.27%, respectively, National Bank of Romania data showed.
10:17 In 2022, air passenger transport increased by 87.6% y-o-y with 20,971,800 passengers recorded, compared to 11,176,800 passengers in 2021, the National Institute of Statistics (INS) data showed.
10:01 Romania’s industrial production prices for the total (domestic market and non–domestic market) grew by 24% in January 2023 y-o-y, INS data showed.
COMPANIES & MARKET
10:14 State-run Oil Terminal received approval from the Energy Ministry to start negotiations with real estate developer Iulius Group, controlled by Iulian Dascalu on a EUR 815 million urban regeneration project in Constanta.
10:11 Romania’s Financial Supervisory Authority (ASF) has approved the increase of the share capital of insurance company Euroins Romania by RON44.7 million, Ziarul Financiar reported citing ASF representatives.
10:01 Romania’s labor market is faced with a serious problem of a structural nature, represented by too little participation in the economic activity, as well as an excess of special pensions collected at very young ages, Raiffeisen Bank chief economist Ionut Dumitru told the debate “Economy. Selected Works” on Thursday (March 2).
|EUR 4.9213||GBP 5.5602|
|USD 4.6349||CHF 4.9408|
|BGN 2.5162||MDL 0.2454|
BNR INTEREST RATES
|15.07% (Jan. 2023) BNR Target 2022: 2.50% (variation band: ± 1pp)|
BUCHAREST STOCK EXCHANGE (BVB) INDICES
|BET 0.21%, BET-TR 0.21%, BET-FI 0.55%, BET-NG 1.22%, BET-XT 0.38%,|
BETXT-TR 0.38%, BET-BK 0.31%, RO-TX 0.42%, BETAeRO -0.09%
CAPITAL MARKET COMMENTARY
|Bucharest stocks head into the weekend higher in line with most major stock markets in Europe which closed with strong gains as investors digested the latest batch of economic data reports. Business activity in the Eurozone and the United Kingdom was reported to have increased in February, while Germany’s trade surplus climbed to €16.7 billion in January.|
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