17:25 Foreign Minister Bogdan Aurescu is set to participate in the Government Question Time programme in the Chamber of Deputies on Monday.
10:52 The President of the European Council, Charles Michel, is traveling to Romania on Monday (March 27), on which occasion he will be welcomed at the Cotroceni Palace by president Klaus Iohannis, according to the Presidential Administration.
10:35 The acting president of the Senate and the president of the Chamber of Deputies, Alina Gorghiu and Marcel Ciolacu, will pay a visit to the Republic of Moldova on Monday, Agerpres reported.
17:48 The Export Import Bank of Romania – EximBank SA will become Exim Banca Românească starting May 10th, 2023, a change in its name and logo approved by the Extraordinary General Meeting of EximBank’s shareholders.
10:15 Romania produced this January 243,000 tonnes of crude oil equivalent (toe), by 10,500 toe down 4.1% y-o-y the National Institute of Statistics (INS) data showed.
09:48 Fitch Ratings has revised the Outlook on Romania’s Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) to Stable from Negative and affirmed the IDRs at ‘BBB-‘, the rating agency announced on Friday.
COMPANIES & MARKET
17:58 The newest Romanian airline, AirConnect, starts operating regular flights from today. These will be both internal, from Bucharest, to Baia Mare, Sibiu, Suceava and Târgu Mureș, but also external, from Bucharest and Cluj, to Budapest.
11:12 In 2022, Romania’s operating leasing market grew in line with the automotive market, going beyond 80,000 units under management, representing an increase by over 4,000 cars, 5% respectively, y-o-y, according to estimates by the association of operating leasing companies (ASLO).
09:18 Calin Ilie, head of the Federation of Hoteliers in Romania, says the local market is expected to return to 2019 level this year, maybe even overshoot pre-pandemic figures, Ziarul Financiar reported.
|EUR 4.9405||GBP 5.6264|
|USD 4.5913||CHF 4.0084|
|BGN 2.5260||MDL 0.2483|
BNR INTEREST RATES
|15.52% (Feb. 2023) BNR Target 2022: 2.50% (variation band: ± 1pp)|
BUCHAREST STOCK EXCHANGE (BVB) INDICES
|BET 0.88%, BET-TR 0.88%, BET-FI 0.05%, BET-NG 0.99%, BET-XT 0.76%,|
BETXT-TR 0.76%, BET-BK 0.66%, RO-TX 0.86%, BETAeRO 0.70%
CAPITAL MARKET COMMENTARY
|Bucharest stocks traded in the green on Monday in line with rest of Europe as an agreement for the takeover of the assets of failed Silicon Valley Bank (SVB) helped ease fears of a global banking crisis. Sentiment was also underpinned after U.S. Fed officials said there was no indication that financial stress was worsening.|
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