Reuters:Romania's Fondul Proprietatea to launch share buyback on March 27

Thursday, March 27, 2014

Franklin Templeton, the manager of Romanian investment fund Fondul Proprietatea said on Tuesday it aims to launch a third buy-back programme of 10 percent of its issued share capital on March 27. The programme should cost at least 50.6 million lei ($15.60 million). The $4.6 billion fund launched its buy-back programmes in an attempt to lower its share capital and narrow the discount between its ...

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Thursday, March 27, 2014

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Teodorovici: MFE will send to the EC proposal for Partnership Agreement by end-March
Gov't passes ordinance on 2014 renewable power subsidies
The excise duty is in the budget, to come into effect on April 1
Budget agreed with IMF, approved by Parliament cannot be modified
IMF Executive Board Completes First and Second Reviews Under the Stand-By Arrangement and Ex-Post Evaluation of Exceptional Access for Romania
Budget on February: deficit of 3.1 billion lei, namely 0.46% of the GDP
ING Romania expects local currency to appreciate to 4.45 lei / 1 euro
Euro trades at 4.4637 lei on Wednesday
Stock market closes 0.96pct higher on Wednesday
Reuters:Romania's Fondul Proprietatea to launch share buyback on March 27
Ponta: Misu Negritoiu has professional expertise to carry out ASF project successfully
Swiss Intermediate Body allots 3 mln Swiss francs to projects in Romania
Minister Costoiu: Romania is an active player in defence industry
Coface: Romania's exports up 12 pct in 2013 compared with 2012
Annual average job vacancies 30,600 in 2013
IRES survey: Equality before the law, decent living, most affected rights in Romania
Study: Over 170 Romanians had wealth of minimum 30 million dollars and three of them were billionaires in 2013