Corneliu-Aurelian Colceriu

BNR survey shows banks anticipating moderate tightening of credit standards in Q3, regardless of company size

Banks in Romania foresee that lending conditions will be left unchanged over the next quarter - Q3 2019 - for both types of loans to households, mortgage and consumer loans. As for non-financial corporations, banks anticipate a moderate tightening of credit standards, regardless of the company size, according to a lending survey conducted by the National Bank of Romania (BNR).

Spot electricity price nears record highs in Romania as imports exceed 1,000 MW

Electricity prices on the spot stock market has reached a high of 655 lei per MWh on Monday, very close to the absolute record high, with imports of around 1,200 MW, according to an AGERPRES analysis of data with OPCOM and Transelectrica. Thus, the average price of electricity delivered on Monday is 505 lei per MWh, while the highest is 655 lei per MWh, with a peak-hour average of 622 lei.

ForMin Manescu attends informal meeting in Helsinki, meets Mogherini, foreign counterparts

Romania's Foreign Minister Ramona Manescu attended a Gymnich informal meeting of European Union foreign ministers in Helsinki, Thursday and Friday, where she also had a meeting with the High EU Representative for Foreign Affairs and Security Policy Federica Mogherini.

Presidential candidate Barna says successful no-confidence vote paves way for early election

Presidential candidate of the Save Romanian Union (USR) PLUS Alliance Dan Barna told a news conference in Galati on Friday that a successful no-confidence vote against the Dancila government will open a "real" possibility for early election. He added that the Dancila government lost its legitimacy and that it was natural to be ousted by a no-confidence vote.

Start-ups on foreign capital, up 0.3pct, Jan.-July 2019; share capital, up 37.4pct

The number start-ups on foreign capital in the first seven months of 2019 increased by 0.3pct from the same period of the previous year, to 3,348, according to data with the National Companies Registry Office (ONRC). The 3,348 new companies had a subscribed share capital of 13.59 million US dollars, up 37.4pct from January-July 2018.

USR-PLUS presidential candidate says run-off between him, PNL candidate shows Romania getting better

National leader of the Save Romania Union (USR) told a news conference in Braila on Friday that the prospect of a run-off between him and the PNL candidate would show Romania getting better. "The prospect of having a second round presidential election between the PNL candidate and the USR-PLUS candidate would indicate that Romania is getting better.

Teodorovici says honoured to be PM while Dancila becomes president

Executive Chairman of the Social Democratic Party (PSD) Eugen Teodorovici told a news conference on Thursday in Pitesti that he would be honoured to be the prime minister if PSD national leader Viorica Dancila wins this autumn's presidential election. "Yes. I would be honoured.

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