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Romania - Factors to watch on Dec 16

Source: Reuters - Mon, 16 Dec 2013 07:17 AM
Author: Reuters
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(Adds press digest)

BUCHAREST, Dec 16 (Reuters) - Here are news stories, press reports and events to watch which may affect Romanian financial markets on Monday.

DEBT TENDER

Romania's finance ministry tenders 1.1 billion lei ($339.16 million) in one-year treasury bills.

ROMANIANS RALLY AGAINST BILL SHIELDING MPS FROM CORRUPTION PROBES

Hundreds of Romanians marched in Bucharest on Sunday to protest against parliament approving a bill that increases the immunity of deputies from corruption charges.

ROMANIA CUPRU MIN COPPER SALE TENDER FAILS

Romania's biggest copper miner Cupru Min said on Friday it did not receive any binding bids from shortlisted companies in a tender to sell copper concentrate.

ROMANIA C/A RECORDS 955 MLN EUROS DEFICIT IN JAN-OCT

Romania's current account recorded a deficit of 955 million euros ($1.31 billion) in the first ten months of the year, compared with a shortfall of 5.3 billion euros in the same period a year ago, central bank data showed on Friday.

WARY OF ROMA, EUROPE COLD-SHOULDERS ITS NEW EASTERN WORKMATES

Mitko keeps a tidy squat, a tartan blanket on the bed and his clothes stowed away. Lit by candles, heated by a gas canister and padlocked when he is out, it is the 39-year-old Roma's haven inside an old graffiti-covered ice factory in Berlin.

For many European Union politicians, Mitko and his neighbours in the squalid Eisfabrik are a warning of what will happen next year when Romania and Bulgaria get full access to the job market - and welfare systems - of Europe.

CEE MARKETS

Oil and gas group MOL MOLB.BU led Hungarian stocks higher on Friday after the company bought oil and gas projects in the North Sea from BASF.

REFERENDUM LAW

President Traian Basescu promulgated on Saturday a law previously approved by parliament to lower the turnout needed for any referendum to pass.

The new law approved by parliament cuts the required turnout for a referendum to pass to a third of all voters, from the previous 50 percent. Evenimentul Zilei, Page 2

For a schedule of forthcoming Romanian events, double click , and a calendar of east European economic indicators, see.

For other related news, double click on: --------------------------------------------------------------- Romania Market Debt Romanian forex Romania Market Report Romanian money Emerging Market Debt Emerging forex All Emerging Markets news CEE indicators All East Europe News E.Europe equities TOP NEWS -- Emerging markets TOP NEWS -- Convergence watch Romanian indicators Main page of Reuters poll -------------------------------------------------------------- ($1 = 3.2434 Romanian lei)

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