TODAY’S NEWS
ECONOMY
-Private lending in Romania increased by 5.5% in nominal terms (down 3.6% in real terms) to RON378,75 billion last month compared to August 2022, the National Bank of Romania (BNR) data showed on Monday (Sept. 25).
-Romania’s Finance Ministry raised RON1.8 billion from banks on Monday (Sept. 25), through two issues of state bonds, at annual average yields of 6.49% and 6.90%, according to BNR data.
-The Minister of Development, Public Works and Administration (MDLPA), Adrian-Ioan Vestea, signed, on Monday (Sept. 25), 56 new financing contracts through the Anghel Saligny National Investment Program, totaling 666,756,305.43 RON, Agerpres reported.
COMPANIES
Nine out of ten employers plan to hire by the end of 2023, according to the latest survey carried out by online recruitment platform eJobs Romania.
POLITICS
-The Government on Monday (Sept. 25) endorsed with small amendments the final form of the package of fiscal measures, despite criticism expressed by the Economic and Social Council (CES) and investors and academics.
-According to a new poll conducted by CURS in Romania, the right-wing party AUR (18% of the votes) is close to overthrowing the Liberal Party (PNL 19%) as second-largest in Romania. It also confirmed the leading position of the Social Democrats (31%).
TODAY’S MARKET
EXCHANGE RATES
| EUR 4.9696 | GBP 5.7148 |
| USD 4.6874 | CHF 5.1400 |
| BGN 2.5409 | MDL 0.2567 |
BUCHAREST STOCK EXCHANGE (BVB) INDICES
| BET -1.32%, BET-TR -1.32%, BET-FI -1.29%, BET-NG -0.84%, BET-XT -1.23%, BETXT-TR -1.23%, BET-BK -1.30%, RO-TX -1.35%, BETAeRO -0.54% |
CAPITAL MARKET COMMENTARY
| Bucharest stocks traded in the red on Tuesday mirroring the trend across Europe as investors anticipated upcoming inflation reports from Germany, Spain, and the Eurozone that are scheduled to be released this week. |
