Romania – Factors to watch on Sept. 26


BUCHAREST, Sept 26- Here are news stories, press reports and events to watch which may affect Romanian financial markets on Wednesday.


The finance ministry is expected to release January-August consolidated budget balance data.

The budget ran a deficit of 1.3 percent of gross domestic product at the end of July, after a shortfall of 1.6 percent at the end of June. The Social Democrat government targets a deficit of just under 3 percent of GDP, the European Union’s ceiling.


Romanian M3 money supply rose by 10.8 percent on the year to 365.2 billion lei ($92.24 billion) in August, and was 1.3 percent up on the month, central bank data showed on Tuesday.


Warsaw’s blue-chip share index WIG20 set a three-week high on Tuesday, helped by the reclassification of Polish shares to “developed market” from “advanced emerging” within FTSE global indexes.

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