Romania October Overdue Loans Up 3.13% To RON21.3B
Romanian overdue private loans rose 3.13% on the month to 21.3 billion lei (EUR4.88 billion) in October, equal to 9.58% of the total lending, central bank data showed Friday.
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Romanian overdue private loans rose 3.13% on the month to 21.3 billion lei (EUR4.88 billion) in October, equal to 9.58% of the total lending, central bank data showed Friday.
Romania’s consolidated budget posted a deficit of 13.3 billion lei (EUR3.05 billion) in the first ten months, equal to 2.4% of the gross domestic product, Finance Ministry data showed
Romanian foreign exchange reserves fell to EUR31.74 billion in November from EUR32.2 billion a month earlier, central bank data showed Friday.
Romania’s leu weakened slightly against the euro in late trade Friday, amid low volumes, and closed at 4.359/4.36 to the euro.
Romania’s third quarter gross domestic product grew by 1.8% in seasonally adjusted terms compared with the previous three months, slightly less than previously estimated, revised data
(The story published at 19:03:12 on December 19 misstated the amount made available to Romania. The correct version follows:)
Fast food chain McDonald's Romania expects sales to top EUR100 million this year, after reporting a turnover of some EUR99 million in 2010.
German retail group Rewe on Thursday announced it has launched five new stores under the brand Penny market in Romania, bringing its local network to a total 128 units nationwide.
Foods maker Orkla Foods Romania (OFR) on Tuesday announced it has taken over Bucharest-based distributor maker Food Distribution Services (FDS).