Romania - Factors to watch on July 22

Mon, 22nd Jul 2019 06:27

BUCHAREST, July 22 (Reuters) - Here are news stories, press reports and events to watch which may affect Romanian financial markets on Monday.

DEBT TENDER

Romanian debt managers tender 600 million lei ($142.50 million) worth of Sept. 2023 treasury bonds.

CEE MARKETS

Central European currencies gained on Friday as expectations of monetary policy easing by central banks in the United States and the euro zone undermined both dollar and euro.

PRESIDENTIAL ELECTION

Centrist groupings Save Romania Union (USR) and Plus have picked USR leader Dan Barna to run in Romania's presidential election later this year.

HIDROELECTRICA

Romanian state-owned hydro power producer Hidroelectrica could lose up to 1 billion lei in revenue because of a government decision approved at the start of the year that it should sell 65 percent of its energy output on the regulated market at capped prices, minority shareholder Fondul Proprietatea said in a statement.

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--- ($1 = 4.2104 lei)

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