Romania - Factors to watch on Dec. 29
Here are news stories, press reports and events to watch which may affect Romanian financial markets on Thursday.
DEBT PLANS
The finance ministry may unveil its domestic debt issuance plans for January.
GOVERNMENT
Romania's Social Democrat party (PSD), victor of a general election two weeks ago, on Wednesday proposed former telecommunications minister Sorin Grindeanu, a veteran leftist politician, for prime minister.
SMALL TAXES
Romania's new parliament on Wednesday overwhelmingly approved a law scrapping 102 small taxes without changes, after the president sent the legislation back to parliament for reconsideration.
CEE MARKETS
Central European currencies eased against the euro on Wednesday, tracking a strengthening of the dollar, while investors watched Romania where President Klaus Iohannis rejected the Social Democrats' prime minister nominee after the Dec. 11 election.
WHEAT
Egypt's General Authority for Supply Commodities (GASC) set a tender on Wednesday to buy an unspecified amount of wheat from global suppliers for shipment from Feb. 1-10.
GASC said it was seeking to buy cargoes of soft and/or milling wheat from the United States, Canada, Australia, France, Germany, Poland, Argentina, Russia, Kazakhstan, Ukraine, Romania, Bulgaria, Hungary and Paraguay.
PETROL PRICES
Fuel prices could fall by 10 percent on average from January, as an additional tax on fuels will be scrapped and value added tax will fall further to 19 percent. Ziarul Financiar
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