Romania - Factors to watch on July 30 (updated)
30/07/2013 07:28
(Adds press digest) BUCHAREST, July 30 (Reuters) - Here are news stories, press reports and events to watch which may affect Romanian financial markets on Tuesday. GOVERNMENT MEETING Romania's coalition government of leftist Prime Minister Victor Ponta holds weekly meeting from 1100 GMT. ROMANIA-IMF COMPLETE TALKS FOR NEW AID DEAL-PM PONTA Romania's leftist government has finished negotiations with the International Monetary Fund, the European Commission and the World Bank for a new precautionary aid agreement, Prime Minister Victor Ponta said on Monday. ID:nL6N0FZ30O CEE MARKETS Shares in Hungary's biggest lender OTP Bank plunged again on Monday, hurt by government plans to rewrite foreign currency mortgages which also pushed debt yields higher and the currency lower. ID:nL6N0FZ1HG EU GRANTS ROMANIA 130 MLN FOR SEWAGE UPGRADE The European Commission will contribute 130 million euros ($172.4 million) to a Romanian project to build or retrofit chemical sewage treatment plants for Bucharest and nearby villages by 2020, the environment ministry said on Monday. ID:nL6N0FZ1WP IBM TO RECEIVE 21 MLN EUROS STATE-AID FOR ROMANIA INVESTMENT-REPORT IBM IBM.N , the world's largest technology services company, will receive 21 million euros ($27.86 million) state-aid from the Romanian government for investment that will generate 900 jobs, daily Ziarul Financiar reported on Monday. ID:nL6N0FZ10B ERSTE CONFIRMS OUTLOOK, MISSES PRETAX ESTIMATES Austria's Erste Group Bank ERST.VI missed analysts' estimates with a steep drop in second-quarter pretax profit but stuck to its forecast and said it expected a slight improvement in the economies of central and eastern Europe in the second half. ID:nWEB008YP BCP SAYS EU DEAL HAS CONDITION ON POLAND, BUT UNIT IS CORE Millennium BCP's BCP.LS restructuring plan agreed with the European Commission includes a condition on its profitable Polish unit, the Portuguese bank's CEO said on Monday, adding however that it remains a core operation for the group. ID:nL6N0FZ3R6 SHALE GAS U.S. oil major Chevron CVX.N selected Dafora Medias DAFR.BX to drill in its perimeters near Barlad where it plans to explore for shale gas. The contracted was signed for a four-year term but its value remained undisclosed. Works will start later this year. Ziarul Financiar, Page 4 OVER-THE-COUNTER ELECTRICITY TRADING Romania's energy regulator ANRE published in the Official Gazette from Monday regulations for an over-the-counter electricity trading platform. Ziarul Financiar, Page 3 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 -------------------------------------------------------------- ((luiza.ilie@thomsonreuters.com)(+4021 305 5262)(Reuters Messaging: luiza.ilie.thomsonreuters.com@reuters.net))