Romania – Factors to Watch on Feb 17

BUCHAREST, Feb 17 (BestGrowthStock) – Here are news stories, press
reports and events to watch which may affect Romanian financial
markets on Wednesday.

GOVERNMENT MEETING

The centrist coalition government holds its weekly
government meeting from 0700 GMT.

GAZPROM VISIT

Gazprom deputy chief Alexander Medvedev is expected to meet
Romanian officials in Bucharest.

ROMANIAN LENDER BRD PROFIT HIT BY LOAN PROVISION

Romanian bank BRD (BRDX.BX: ), controlled by France’s Societe
Generale (SOGN.PA: ), missed forecasts with its 2009 net profit
hit by a higher provision for bad loans.

[ID:nLDE61F114]

ROMANIA’S PARLIAMENT RATIFIES NABUCCO PIPELINE DEAL

Romania’s parliament ratified on Tuesday an agreement on the
Nabucco natural gas pipeline signed by the project’s host
countries last year, which aims to lower Europe’s dependence on
Russian gas supplies.

[ID:nLDE61F14O]

EU BACKS BUDGET STEPS OF POLAND, HUNGARY, OTHERS

European Union finance ministers backed on Tuesday efforts
by Hungary, Poland, Lithuania, Malta, Romania and Latvia to
bring their budget deficits beneath the bloc’s cap, an EU
diplomat said.

[ID:nLDE61F0V5]

CAR REGISTRATIONS

Registration of new cars dropped 84.6 percent on the year in
January in Romania, to 2,133 cars, data from the European
Automobile Manufacturers’ Association showed.

Agerpres

GRAFT PROBE

Romania’s general prosecutor has officially asked the lower
house to approve the start of a criminal inquiry against former
Youth and Sports Minister Monica Iacob-Ridzi on corruption
allegations.

ENERGY INVESTMENT

Romanian officials are negotiating with U.S. energy firm AES
Corporation (AES.N: ) an investment at a thermal power unit that
could be worth roughly 1 billion euros, the head of Romania’s
nuclear activities authority said.

Agerpres

OLTCHIM

State-owned chemical company Oltchim (OLTC.BX: ) will send
1,140 employees, or about a third of its workforce in technical
unemployment for two weeks from Feb. 15.

Ziarul Financiar, Page 5

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:
—————————————————————
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: )

Investing Basics

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Romania – Factors to Watch on Feb 17