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Romania - Factors to Watch on Dec 9
December 9, 2010 / 7:29 AM / 7 years ago

Romania - Factors to Watch on Dec 9

BUCHAREST, Dec 9 (Reuters) - Here are news stories, press reports and events to watch which may affect Romanian financial markets on Thursday.

ROMANIAN GOVT FACES HURDLES WITH RARE CONFIDENCE

Romania’s Prime Minister Emil Boc has shored up his shaky coalition, even as austerity measures erode his popularity, and can face crucial votes now looming in parliament with rare optimism. [ID:nLDE6B2108]

ROMANIA OCT INDUSTRIAL OUTPUT FLAT M/M

Romania’s adjusted industrial output ROIP=ECI was flat on the month in October but rose 2 percent year-on-year, data from the National Statistics Board showed on Wednesday.

[ID:nBCR000098]

* For analyst comments on the data please see [ID:nLDE6B70A1]

VODAFONE

Britain’s Vodafone (VOD.L) plans to invest about 500 million euros in its Romanian branch over the next five years, new Vodafone Romania head Inaki Berroeta said.

Ziarul Financiar, Page 1

FISCAL CODE CHANGES

The government plans to hike fuel and tobacco excises taxes by about 3 percent as of January. Ziarul Financiar, Page 3

MATERNITY LEAVE

The government, which had planned to halve the time it pays for mothers to stay home with their newborn to one year, has decided to give parents two options.

Mothers can choose to stay home for two years but receive less pay, of up to 1,200 lei ($369.7) a month, or one year at up to 3,400 lei a month and a bonus for coming back to work early. The allowance is dependent on the parent’s previous income.

NOTE- For a diary of forthcoming Romanian events, double

click [RO/DIARY], and a calendar of east European economic indicators, see [CONV/DIARY].

For other related news, double click on: --------------------------------------------------------------- Romania Market Debt [RO-DBT] Romanian forex [RO-FRX] Romania Market Report [ROL/] Romanian money [RO-M] Emerging Market Debt [EMRG/DBT] Emerging forex [EMRG/FRX] All Emerging Markets news [EMRG] CEE indicators [CONV/DIARY] All East Europe News [EEU] E.Europe equities [.CEE] TOP NEWS -- Emerging markets [TOP/EMRG] TOP NEWS -- Convergence watch [TOP/EAST] Romanian indicators [RO/ECI] Main page of Reuters poll <RO/POLL1> ---------------------------------------------------------------

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