Romania – Factors to Watch on May 19

BUCHAREST, May 19 (BestGrowthStock) – Here are news stories, press
reports and events to watch which may affect Romanian financial
markets on Wednesday.

RALLY IN BUCHAREST

Around 60,000 trade unionists are expected to attend mass
rally in downtown Bucharest on Wednesday protesting against
government plans to cut wages and pensions to comply with IMF
requirements.

* For a FACTBOX of Romania’s planned public spending cuts
double-click [ID:nLDE64B1PN]

GOVERNMENT MEETING

The centrist coalition government holds weekly government
meeting from 1200 GMT. Agenda not yet available.

ROMANIA STRUGGLES TO PASS PAINFUL SPENDING CUTS

Romania’s centrist government faces huge pressure to water
down plans to slash public sector wages and state pensions,
essential to secure IMF-led aid, and will struggle to force some
of the painful measures through.

[ID:nLDE64H0M1]

LUSTRATION LAW

The lower house is expected to resume debates on the
long-delayed lustration law on Wednesday.

Agerpres

BOURSE LISTING

The Bucharest Stock Exchange could be listed as soon as next
month if market conditions were favourable, its president Stere
Farmache said.

Ziarul Financiar, Page 5

WIND ENERGY

Germany’s RWE AG (RWEG.DE: ) plans to develop two wind energy
projects in the Romanian south-eastern region of Dobrogea, one
with a capacity of 200 MW and 150 MW the other, market sources
told the country’s leading financial newspaper.

Ziarul Financiar, Page 12

VOESTALPINE

Austrian steelmaker Voestalpine (VOES.VI: ) will start
building a 19-million-euro steel plant next week in the southern
Romanian town of Giurgiu.

Romania Libera, Page 3

GAS PRICES

Natural gas tariffs could be indexed to inflation as of June
1, meaning a price hike of about 5 percent, sources from
Romania’s energy price regulator ANRE told daily Gandul.

Gandul, Page 9

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: )

Stock Market Report

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Romania – Factors to Watch on May 19