Romania - Factors to watch on Nov 12
12/11/2013 06:07
BUCHAREST, Nov 12 (Reuters) - Here are news stories, press reports and events to watch which may affect Romanian financial markets on Tuesday. CURRENT ACCOUNT Romania's central bank is expected to release September current account data. ROMGAZ Shares in Romanian state-owned gas producer Romgaz begin trading. The firm sold a 15 percent stake in an IPO, raising 1.7 billion lei ($510.04 million). INFLATION Romania's annual inflation ROCPI=ECI stood at 1.9 percent in October, flat from September and in line with market consensus, data from the National Statistics Board showed on Monday. ID:nR5N0EP00C FOREIGN TRADE Romania's trade deficit ROTBAL=ECI shrank 42.4 percent on the year to 4.2 billion euros ($5.61 billion) in the first nine months, the National Statistics Board said on Monday. ID:nR5N0EP00B DEBT TENDER Romania sold a planned 600 million lei ($180 million) in five-year treasury bonds due in April 2015, with the average accepted yield at 3.46 percent, compared with 3.48 percent at a previous tender on Oct. 17. ID:nL5N0IW1OQ ROSIA MONTANA A special Romanian parliamentary commission overwhelmingly rejected a draft bill that would allow Canada's Gabriel Resources GBU.TO to set up Europe's biggest open-cast gold mine in the Carpathian mountains. ID:nL5N0IW3FK * Rosia Montana Gold Corporation, owned by Canada's Gabriel Resources GBU.TO , said it hopes Romania's parliament will approve general mining legislation fast, which would enable it to start building the mine next year. ID:nL5N0IX0U5 ENERGY Romania may postpone deregulating gas tariff for industrial users by a year to December 2015 to counter any market volatility if the difference between domestic and Russian gas prices is too high, the energy ministry said on Monday. ID:nL5N0IW26S CEE MARKETS Emerging European currencies weakened on Monday, as the possibility of an earlier start to the withdrawal of U.S. monetary stimulus put pressure on emerging assets. ID:nL5N0IW17J VIENNA INSURANCE GROUP Austria's Vienna Insurance Group VIGR.VI said on Monday it expects volatile 2013 results due to tough markets in Romania and problems at its motor insurance business in Italy. ID:nL5N0IW3J0 For a schedule 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 -------------------------------------------------------------- ($1 = 3.3330 Romanian lei) ((radu.marinas@thomsonreuters.com+4021 305 5263)(Reuters)(Messaging: radu.marinas.thomsonreuters.com@reuters.net))