BUCHAREST, May 12 (Reuters) - Here are news stories, press reports and events to watch which may affect Romanian financial markets on Monday.
The National Statistics Board (INS) to release April inflation data — embargo set for 0700 GMT. The Reuters consensus forecast shows April price growth at an annual 8.5 percent, versus 8.6 in March.
Belgian central bank governor/ECB governing council member Guy Quaden holds news conference at the central bank headquarters starting 0800 GMT.
Finance and Economy Minister Varujan Vosganian holds news conference on first quarter macroeconomic developments at 1030 GMT.
Romania’s unemployment rate dropped to 3.9 percent in April, from 4.2 percent a month before and was over half a percentage point lower than in the same month of last year, the employment agency said on Friday.
Romania’s first quarter trade deficit grew by 9.4 percent on the year to 4.8 billion euros ($7.36 billion), showing signs of slower deterioration thanks to stronger exports, data showed on Friday.
French bank Credit Agricole (CAGR.PA) plans to invest 33 million euros ($51.02 million) to develop the Romanian unit of Greek Emporiki Bank.
Ziarul Financiar, page 6
Edible oil prices have risen by 80 percent on the year due to prolonged drought last year which slashed sunflower output, according to data by Romanian producers associations.
Bursa, page 1
Gross premium revenues by local insurer Aviva Romania rose by 36 percent on the year in the first quarter of 2008 to 23 million lei ($9.6 million)
Bursa, page 8
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