Romania – Factors to Watch on Dec 23

BUCHAREST, Dec 23 (BestGrowthStock) – Here are news stories, press
reports and events to watch which may affect Romanian financial
markets on Thursday.

CONFIDENCE VOTE

Romania’s parliament will vote on Thursday ano-confidence
motion against the centrist coalition government on a wage
reform required under the country’s 20 billion euro IMF-led
bailout.

DEBT AUCTION

Romania’s finance ministry tenders 300 million lei in 5-year
treasury bonds. Results are expected at around 1300 GMT.

ROMANIA LAWMAKERS OK IMF-BACKED AUSTERITY BUDGET

Romania’s parliament approved on Wednesday an austere 2011
budget that will further cut the recession-hit country’s fiscal
gap, a key requirement for maintaining a 20 billion euro IMF aid
package.

[ID:nLDE6BL1PJ]

* Opposition Liberals plans to challenge the budget at the
Constitutional Court.

Romania Libera, Page 2

ROMANIA READY TO ISSUE EMTNS FROM END-JAN

Romania will be ready to issue euro medium-term notes
(EMTNs) from end-January and plans to tap foreign markets twice
a year, its deputy finance minister told Reuters on Wednesday.

[ID:nLDE6BL12H]

ROMANIA, BULGARIA FACE DELAY IN JOINING SCHENGEN

Germany and France have urged the European Union to delay
bringing Romania and Bulgaria into the bloc’s borderless travel
zone, due to concerns about their ability to combat corruption
and crime.

[ID:nLDE6BL0Q5]

WAGE REFORM

Romania’s Constitutional Court will debate on Dec. 28 the
challenges to the IMF-mandated public wages reform approved by
parliament on Monday. Opposition Liberals challenged the bill.

DACIA

Carmaker Dacia, controlled by France’s Renault (RENA.PA: ),
produced over 312,000 cars in the first eleven months of this
year, up 15 percent from the same period of 2009, data from the
industry’s manufacturers’ association showed.

Ziarul Financiar, Page 1

NOTE- For a diary of forthcoming Romanian events, double

click [RO/DIARY], and a calendar of east European economic
indicators, see [CONV/DIARY].

For other related news, double click on:
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Romania Market Debt [RO-DBT] Romanian forex [RO-FRX]
Romania Market Report [ROL/] Romanian money [RO-M]
Emerging Market Debt [EMRG/DBT] Emerging forex [EMRG/FRX]
All Emerging Markets news [EMRG] CEE indicators [CONV/DIARY]
All East Europe News [EEU] E.Europe equities [.CEE]
TOP NEWS — Emerging markets [TOP/EMRG]
TOP NEWS — Convergence watch [TOP/EAST]
Romanian indicators [RO/ECI]
Main page of Reuters poll (RO/POLL1: )
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Romania – Factors to Watch on Dec 23