May 18, 2020 / 6:05 AM / 10 days ago

Romania - Factors to watch on May 18

BUCHAREST, May 18 (Reuters) - Here are news stories, press reports and events to watch which may affect Romanian financial markets on Monday.


Debt managers plan to sell 500 million lei ($111.83 million) worth of February 2025 treasury bonds series RO1425DBN029 at tender.


The government holds meeting to enforce proceedings related to a 30-day state of alert aimed at reining in the spread of the new coronavirus in Romania.


Romania has so far recorded 16,871 confirmed cases of infection, 167 up on the day of which 9,890 people have recovered and 1,097 died.


Romania's economy grew a more than expected 2.4% on the year in the first quarter, a flash estimate from the National Statistics Board showed on Friday.


Central European stock markets rose and most currencies edged higher on Friday, tracking a rally in Western European shares driven by positive economic data from China.


Romania's Romgaz net profit up 5.5% y/y in Q1.

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