In an exclusive interview for HotNews.ro, a London City financial expert discusses the current situation of emerging economies, the S&P ratings and the Central Banks’ decisions. HotNews.ro: Where do ...

NEW YORK (MarketWatch) -- The Romanian leu fell sharply against the euro once again Wednesday, as the country's big economic imbalances and the global credit crunch continued to exert heavy downward ...

1 July 2005 (RFE/RL) -- Romania today eliminates four zeros from its currency, the leu, as part of efforts to prepare the economy for European Union accession, expected in 2007. The denomination ...

Romania's Treasury announced lower coupons for the local currency and foreign currency bonds sold to households in November under its two schemes, Tezaur and Fidelis, after it announced that the cost ...

Romania has knocked four zeros off its currency in preparation for its entry into the European Union in 2007. The leu, which means "lion" in Romanian, has plummeted in value from about 21 to the ...

Romania has officially submitted to the EU Council its negotiating position on Economic and Monetary Union in the beginning of November. Romania commits itself to reducing the inflation rate to under ...

Romania's currency, the leu, hit a record low against the euro for the second day in a row, as the fallout from last week's collapse of the country's government continued. Romania's center-right ...