July 9 (Reuters) – Here are news stories, press reports and events to watch which may affect Romanian financial markets on Friday.
Kristalina Georgieva, E.U. Commissioner for International Cooperation, Humanitarian Aid and Crisis Response, is going to visit together with Prime Minister Emil Boc flooded areas from Galati county. She is also expected to meet other Romanian officials and hold statements at 1500 GMT.
ROMANIA REJECTS ALL DEBT BIDS, MKTS EYE INFLATION
Romania rejected all bids at a tender to sell 3-year treasury bonds on Thursday, signalling the finance ministry is still unwilling to sell debt at yields above 7 percent and may struggle to finance its budget deficit. [ID:nLDE6671AD]
FLOODS CUT 10 PCT OF ROMANIA WHEAT CROP TO 6 MLN T
Romania will likely reap a smaller than forecast wheat crop of around 6 million tonnes this year because of extensive floods which have sharply cut yields, the agriculture ministry told Reuters on Thursday. [ID:nLDE66719I]
ROMANIA INDUSTRIAL OUTPUT DOWN 0.3 PCT M/M IN MAY
Romania’s adjusted industrial output ROIP=ECI edged down 0.3 percent on the month in May and was up 4.1 percent year-on-year, data from the National Statistics Board showed on Thursday. [ID:nBCR000045]
* For an instant view of analysts on the data please see [ID:nLDE6670CU]
Carmaker Dacia, controlled by France’s Renault (RENA.PA), sold 181,286 cars in the first half of the year and plans to produce 330,000 cars by the end of the year in the Mioveni factory.
Ziarul Financiar, Page 1
ECB CHIEF IN ROMANIA
ECB President Jean-Claude Trichet and other central bankers will be in Romania at the beginning of September for the 130 anniversary of Romania’s central bank, governor Mugur Isarescu said.
Ziarul Financiar, Page 3
About 100 French companies plan to invest in the Romanian market in 2010, especially in the industry sector, said the trade counsellor of the French embassy in Bucharest.
Adevarul, Page 20
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