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Romgaz IPO is a game changer for Romania, states FP manager for CNBS

Romania is emerging as a star in the region, states Greg Konieczny, manager of Fondul Proprietatea, within an interview taken for CNBS.

2013-11-19 13:14:42

Its third-quarter GDP growth this year was the strongest in the EU, with a rise of 4.1 percent from the same time in 2012, compared to an EU average of 0.2 percent, has been stated within the interview offered by FP manager. The initial public offering of Romgaz, the Romanian gas company, in London and Bucharest is a game-changer for the country, Konieczny said within the interview as part of a larger analysis of the global financial news post. Hungary has come out of recession and trimmed its deficit, which has led to a marked improvement in its bond market performance, but faces mounting uncertainty over decisions made by its government on foreign currency debt. According to Konieczny quoted by CNBS, Government policies in Hungary are completely unpredictable. The CNBS analysis took into accounts opinion of other major leaders in financial markets and aimed at revealing the main capital and financial opportunities in CEE region.



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