Romania – Factors to Watch on Oct 27

BUCHAREST, Oct 27 (BestGrowthStock) – Here are news stories, press
reports and events to watch which may affect Romanian financial
markets on Wednesday.

CONFIDENCE VOTE

Romania’s centrist government looks likely to survive a
no-confidence vote in parliament on Wednesday over its deep
spending cuts and tax hike, needed to maintain a 20-billion-euro
IMF-led bailout.

[ID:nLDE69P0WN]

DEMONSTRATION

Unions expect some 80,000 people in Bucharest to protest
against the government’s austerity measures.

IMF MISSION IN BUCHAREST

An IMF mission will be in Bucharest until Nov. 1 to review
Romania’s 20 billion euro aid deal.

NEW IMF DEAL

Romania is considering a new, precautionary aid deal that
would likely be worth much less than its current 20 billion euro
bailout and commit the government to speeding up its
privatisation programme, an IMF official said.

[ID:nLDE69P1A9]

BANCA TRANSILVANIA (BATR.BX: ) RESULTS

Romania’s second-largest listed bank Banca Transilvania is
seen posting a 12.6 percent increase in its nine-month net
profit as cost cuts and a higher net interest income offset a
rise in provisions for bad loans.

[ID:nLDE69O0GB]

HIDROELECTRICA

State-owned hydropower company Hidroelectrica swung to a net
profit of 415 million lei ($135.5 million) in the first nine
months from a loss of 100 million lei a year ago.

Mediafax

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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($1=3.062 Lei)

Romania – Factors to Watch on Oct 27