Romania

Just after midnight on November 10, ratings agency Fitch downgraded its sovereign ratings for Bulgaria ('BBB-'), Hungary ('BBB'), Kazakhstan ('BBB-') and Romania ('BB+'), while... 2008-11-10

On the back of the EUR20bn IMF-led bail-out package for Hungary, announced on October 28, the European Union has significantly stepped up its level of support for member-states... 2008-10-29

There are major lessons to be learnt from the most recent developments in the collapse of the Icelandic banking system for states across emerging Europe, and indeed emerging markets.... 2008-10-09

The Turkish lira is looking decidedly weak, having fallen through a key trendline support level at TRY1.2500-1.2700/US$, to at one point trade at TRY1.3119/US$ on October 3. A move... 2008-10-03

The head of the Bucharest Stock Exchange, Stere Farmache, announced on July 28 that Romania will launch the trading of government securities on the exchange from August 4, a week... 2008-07-29

The macroeconomic challenges we highlighted in our last quarterly Emerging Europe sovereign risk ratings update have escalated further in the second quarter, with little sign of easing... 2008-07-17

Romania's benchmark equity index, the BETI, has broken through our short-term downside target of 5,600, at one point trading as low as 5,362 on July 16. Going forward, we see little... 2008-07-16

Romanian inflation ticked up to 8.6% y-o-y, up from 8.5% in May and 3.8% in June 2007, according to the latest data from the National Institute of Statistics. The breakdown reveals... 2008-07-10

Following a breach of a medium-term resistance level at RON3.6264/EUR on July 3, the Romanian leu continues to post further gains, at one point trading at RON3.6015/EUR on July 7.... 2008-07-07

BMI's short-term view on European external debt markets has played out, with significant spread widening occurring in many of the region's benchmark 5-year credit default swaps (CDS).... 2008-07-04