Expats

Growth is not going to come from cutting costs alone ? it must come from private and public investment, the US ... [Jan 25, 2012] The US Ambassador to Romania, Mark Gitenstein, attending the Bucharest Stock Exchange conference dedicated to the One Year Anniversary of Fondul Proprietatea (Proprietatea Fund) Listing, yesterday blamed the lack of investors in the Romanian energy sector on ?the profits of publicly-owned enterprises being too often diverted back to state coffers or into the pockets of well-connected individuals ... [via YahooNews] More >>

Romania to Meet Investors on Nov. 11 for the Planned Sale of Dollar Bonds [Nov 09, 2011] Romania will meet investors starting Nov. 11 to discuss the sale of dollar-denominated bonds under a 7 billion-euro ($9.6 billion ) medium-term notes plan, Deputy Finance Minister Bogdan Dragoi said. [via YahooNews] More >>

Interview with Omer SUsli, president of the Turkish Businessmen Association in Romania ? TIAD. [Oct 30, 2011] The Turkish Businessmen Association in Romania ? TIAD is an apolitical and non-profit organisation set up in 1993 by Turkish investors and it acts like a connecting bridge between its members ? Turkish strategic investors -, and the fundamental institutions of the Romanian state, for the best collaboration, in all fields, to benefit both countries ? Romania and Turkey. [via YahooNews] More >>

Romania debt yield demand too high [Oct 23, 2011] BUCHAREST : Investors in Romanian treasuries are seeking yields that are too high given the country's improving economic fundamentals and falling inflation, a deputy finance minister said on Friday. [via YahooNews] More >>

Leave a Reply [Jul 25, 2011] Romania currently hosts the largest on-shore wind park in Europe. Wind energy is booming in the economically weak country, yet investors remain worried about a lack of clear regulations. [via YahooNews] More >>

Romania Delays Petrom Sale Plan as Euro-Debt Crisis Makes Investors Wary [Jul 22, 2011] Romania delayed selling a minority stake in OMV Petrom SA (SNP) as the euro-debt crisis made investors wary of bidding during a two-week offer period that ended today. [via YahooNews] More >>

Romania pushes for clarity on wind power [Jul 22, 2011] Romania currently hosts the largest on-shore wind park in Europe. Wind energy is booming in the economically weak country, yet investors remain worried about a lack of clear regulations. [via YahooNews] More >>

Romania has its own Chinatown [Jul 19, 2011] Romania now has its very own Chinatown. Investors and officials, including Prime Minister Emil Boc, have opened a euro100-million complex near the Romanian capital. It has more than 3,000 stands and 1,300 offices for wholesale business built on 40 hectares of land in a village just east of Bucharest. [via YahooNews] More >>

Romanian president to Arab investors: use helicopters to sample the country's beauty spots [Mar 09, 2011] BUCHAREST, Romania - Romania's dismal roads are near legendary. Even so, nobody expected the president to tell a forum for Arab investors that the best way to see his country is from the air. [via YahooNews] More >>

Romania strikes new two-year deal with IMF [Feb 06, 2011] BUCHAREST (Reuters) - Romania agreed to a new two-year deal with the International Monetary Fund and other lenders, its President Traian Basescu said Sunday, reassuring investors it is still committed ... [via YahooNews] More >>

Romania strikes fresh two-year deal with IMF [Feb 06, 2011] BUCHAREST (Reuters) - Romania agreed a new two-year deal with the International Monetary Fund and other lenders, its President Traian Basescu said on Sunday, reassuring investors it is still committed ... [via YahooNews] More >>

Germany's Merkel: Romania must strengthen rule of law [Oct 13, 2010] Bucharest - German Chancellor Angela Merkel on Tuesday said during a visit to Bucharest that Romania must continue with reforms to strengthen the rule of law and make the country safe for investors. [via YahooNews] More >>

Romania Sells Fewer Bills Than Planned as Investor Concerned Over Deficit [Sep 13, 2010] Romania sold less debt than planned for the second time this month as investors sought higher yields on concern the country will fail to meet its budget-deficit target amid mounting political instability. [via YahooNews] More >>

Romania Sells Fewer Six-Month Bills Than Planned on Government Demands [Sep 06, 2010] Romania sold less debt than planned at an auction of six-month Treasury bills today, as investors sought higher yields than the government was willing to pay on mounting concern about political instability. [via YahooNews] More >>

Romania May Abandon Yield Cap as Investors Balk as ?Illusion? [Aug 30, 2010] Romania may be forced to abandon its cap on borrowing costs as inflation accelerates and investors shun longer-term debt. [via YahooNews] More >>

Romania Fails to Sell Five-Year Government Debt for Third Time Since July [Aug 19, 2010] Romania failed to sell five-year government bonds for the third time since July 1 as investors push for higher yields because of concern that tax increases will accelerate inflation. [via YahooNews] More >>

Romania's lenders extend 20bn bailout [Aug 04, 2010] Romania's international lenders extended a 20 billion bailout programme today, reassuring investors spooked by the country's deep recession, though it may face tougher compliance hurdles in future. [via YahooNews] More >>

Romanias debt woe [Jul 23, 2010] BUCHAREST (Reuters) Romanias government is losing its battle to keep a lid on its borrowing costs and risks having to pay investors even higher premiums if it does not now concede the discounts they are demanding to buy its debt. Bucharest has struggled to sell debt at yields it deems acceptable and refused to go over 7 percent, but rates of return are more likely to rise than fall due to ... [via YahooNews] More >>

Romanian Leu Hits New Low [Jun 29, 2010] Romania's currency sank to a fresh record low against the euro after the government said the economy would contract more than expected in 2010 and investors mulled the possibility over a prolonged period of political instability. [via YahooNews] More >>

Romania missed some IMF targets, aid not at risk-FinMin [May 02, 2010] Discuss the General Election with other investors on our politics board [via YahooNews] More >>