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Romania


Austrian GDP per Capita Second-Highest in EU

In terms of GDP per capita, Austria is the second-richest EU country.
December 12, 2013


Hungary: Stable Outlook Yet Still Junk Status

In spite of Matolcsy, governor of the Hungarian National Bank (MNB), demanding a better rating for the country’s credibility, the major rating agencies have not raised them.
December 12, 2013


Austrian Banking Industry Depends on Russia and Czech Republic

For the Austrian banking sector, the CESEE region is highly heterogeneous. In the first six months of 2013, net earnings totaled € 1.4bn in the region.
December 12, 2013


Improving Situation for Banks in CEE

Raiffeisen analysis getting a notch more optimistic on CEE banks.
December 10, 2013


EU/CESEE: Real Income Shrinks

In 2013, the real income will do down in Austria. Since 2010, the Austrian real income was down by 1.3%. In Hungary, real income fell by 15% in that period.
December 9, 2013


Austrian Banking Sector: € 35bn NPL

Due to the gloomy economic situation in CESEE and the stagnating domestic economy, Austrian banks suffer from growing non-performing loans.
December 9, 2013


Raiffeisen Bank among Top Three Banks in Romania

Top three banks with best reputation - „The bank of Romanians” is client-centered, honest and transparent.
December 3, 2013


VIG: „We Will Clean Up Merciless“

Yesterday, the Austrian insurance group VIG (Vienna Insurance Group) published surprisingly bad results. In Italy and Romania, VIG has a lot of work to do.
November 28, 2013


CESEE: Slight Growth Acceleration, but Uncertainties Persist

The Vienna Institute for International Economic Studies (wiiw) has published the economic forecast for the CESEE region today. The economic performance varies substantially from country to country.
November 28, 2013


CESEE: Austrian Banks Face New Challenges

For Austrian banks, the assessment by the ECB may bring new difficulties. Non-performing loans in CESEE are said to be higher than officially known.
November 26, 2013


WKO: Better Framework Conditions for SMEs

Small and medium sized enterprises (SMEs), with between 10 to 249 persons employed, are a driver of the European economy, creating jobs and contributing to economic growth. WKO calls for better framework conditions for SMEs.
November 26, 2013


Wide Parts of CESEE Region Below Pre-Crisis Level

In terms of economic output, a large number of CESEE countries have not reached the level of 2008 yet. The growth outlook remains cautious.
November 25, 2013


Romania Faces Upgrade

Next year, Romanian sovereign bonds may be upgraded by Standard & Poor´s.
November 23, 2013


Romania: Banks Keep Risk Margins Unchanged

In spite of the recent cut in the key rate to an all-time low of four percent the financial institutes will not loosen risk policies.
November 19, 2013


Nowotny: Must Avoid Bubble in CESEE

In order to avoid another asset bubble like in 2008, loan growth has to be monitored, governor of Austrian National Bank Ewald Nowotny says.
November 19, 2013


Romania: Growth Leader in the EU

In the first three quarters, Romania´s economic growth rate reached 2.7%
November 16, 2013


Romania: Fitch Rating for Three Banks Affirmed

Fitch has affirmed the ratings for three Romanian banks and forecasts a stable outlook.
November 14, 2013


Romania: UniCredit Tiriac Bank’s Profits Exceeding Expectations

On an annual comparison basis, Unicredit Tiriac Bank posted an increase of profits of 48 percent to € 48.5m since the beginning of this year exceeding all expectations.
November 13, 2013


Controversy Over Special Taxes in Romania

The Romanian government plans to impose new taxes in 2014. Foreign investors may leave the country.
November 12, 2013


CESEE: Economic Turnaround Ahead

Ruchir Sharma, fund manager at Morgan Stanley stresses that Central, Eastern and Southeastern Europe is more attractive than the BRICS countries.
November 12, 2013


Romanian Inflation Forecast Adjusted by NBR

The National Bank of Romania (NBR) has adjusted the inflation forecast downward for 2013 and 2014.
November 11, 2013


Romanian Banking Sector Highly Centralized

The EBRD has observed a high proportion of banks reporting that the parent bank´s influence is high.
November 9, 2013


Unequal Retail Real Estate Investment Activity in CESEE

While investments in retail real estate in Bulgaria see an upturn, those in Romania have dropped immensely by more than 50 percent.
November 8, 2013


Romania: Key Rate Cut Again

The most recent cut was the fourth in a row since the beginning of July. Experts forecast the rate cutting cycle to stop in the first quarter next year when the country’s key rate is supposed to stand at 3.5 percent.
November 6, 2013


Romania: Growth Rates to Exceed Forecasts

According to the autumn forecast published by the EU Commission on Tuesday, Romania will exceed the previous estimates.
November 6, 2013


Slovak Banking Industry Records Growing Net Income

In the first nine months of 2013, Slovakia´s banking sector recorded a total net profit of € 449m.
November 1, 2013


Romania: Budget Gap Revised

In 2013, Romania´s fiscal shortfall is projected to reach 2.5% of GDP.
October 31, 2013


Slovenia on Top of Prosperous Countries in Emerging Europe

Slovenia is leading the list of prosperous countries in Emerging Europe. Bulgaria is on the last position.
October 30, 2013


Romania: Taxes Expected to Be Raised

The local press reports that numerous anonymous sources from the larger ruling party say that the executive is considering a hike in profit and income tax.
October 28, 2013


Romania: Precautionary Financial Assistance Approved

The Council of the European Union has approved a new precautionary financial assistance program for Romania in extend of € 2bn in connection with a loan by the International Monetary Fund (IMF).
October 25, 2013


Polish Holding to Take over Romanian International Bank

According to Mediafax newswire, Polish Getin Holding will take over Romanian International Bank (RIB).
October 24, 2013


Public Debt: CESEE Countries Below EU Average

At the end of the first half of 2013, the EU public debt quota reached 86.8% of GDP. Western Europe´s public debt level is significantly higher than in Eastern Europe.
October 23, 2013


Romania Plans Next Privatization

According to the Romanian government, Romtelecom may be partly privatized via the Bucharest Stock Exchange.
October 23, 2013


Southeastern Europe: Dramatic Labor Market Conditions

In Southeastern Europe, the labor market conditions are similarly bad as in Southern Europe. Above all, youth unemployment is extremely high.
October 22, 2013


Romania and Bulgaria Have Lowest Debt Ratios

With a public debt to GDP ratio of 18.5%, Bulgaria has the second lowest public debt quota in the EU.
October 21, 2013


Romanian Romgaz Starts IPO

Tomorrow, Monday, the Romanian government sells a 15% stake in Romgaz via the stock exchange. In the last months, the IMF has urged Romania to accelerate the privatization policy.
October 21, 2013


IMF Warns of Financial Instability in CESEE

Due to the high non-performing loan quota and the deleveraging of Western banks, the countries of Central, Eastern and Southeastern Europe are still far from financial stability.
October 18, 2013


Romania: Privatization of Railroad Company Flopped

The privatization of Romanian freight railroad company CFR Marfa failed. The sale of shares is part of the conditions with IMF, the World Bank and the European Union.
October 17, 2013


CESEE Region Suffers from Migration

The countries of Central, Eastern and Southeastern Europe are confronted with a highly unfavorable demographic trend. The brain-drain is expected to persist.
October 17, 2013


Moody’s: Poland Threatened by Outflow of Foreign Funds

Rating agency Moody’s evaluates the country being moderately exposed to the risk of foreign outflows.
October 14, 2013


Romania Keeps Majority Stake in Romgaz

Romania´s government will privatize 15% of the country´s biggest natural gas producer. The opening of the economy to foreign investors bears potential dangers.
October 12, 2013


Romania: “Aggressive Rate Cuts Likely”

In view of the accelerating disinflation in Romania, Vienna-listed RBI (Raiffeisen Bank International) expects the monetary policy to be eased further.
October 12, 2013


Romania Under Observation

The IMF wants Romania´s government to put more effort in austerity measures, market liberalization and privatization of state-owned assets.
October 9, 2013

FriedlResearch has Published the Q3-2013 Company Report of Erste Group Bank AG
This report contains in depth information and data about Erste Group and its operations and markets. It contains a company overview, business and strategy description, financial ratios, valuation & forecast data, SWOT analysis, plus data on key events.
October 8, 2013

Latest Edition of the SWOT Report of Raiffeisen Bank International has been Published
FriedlResearch has announced the publication of the latest edition of the "Raiffeisen Bank International AG - SWOT Analysis & Company Report". This report contains in depth information and data about RBI and its operations and markets.
October 8, 2013


Romania: Bucharest Stock Exchange to Be Enlarged?

Ludwik Sobolewski, new CEO of Romania’s Bucharest Stock Exchange (BSE), is toying with the idea of enlarging the institution and making it a competition to Budapest, Vienna and Prague withing two years only.
October 7, 2013


Romania: Recovery Depends on External Factors

Thanks to foreign demand and foreign investors, Romania´s economy accelerates. However, domestic demand is still the country´s weak point.
October 4, 2013


CESEE: Recovery Slow, but Stable

Corporate sentiment improving in major CEE countries as well, as the economic recovery begins to take root. Low point in interest rates has essentially been reached, rises in yields to follow trends in the developed markets, RZB says.
October 4, 2013


Bulgaria: Shrinking Workforce Leading to Lower Growth

Bulgaria is facing a number of challenges resulting from shifting demographics.
October 4, 2013


Romania: Consumption Remains Sluggish

In order to support Romania´s economy, the National Bank of Romania continues its monetary easing policy.
October 3, 2013