Raiffeisen

                   

Russia's banal reality lies in between energy superpower and bankrupt state

telegraph.co.uk
16-Nov-2008 1 related
        

Russia has been losing $10bn in foreign reserves a week since it snatched South Ossetia and ramped up the new Cold War with nuclear threats. A fifth of the Kremlin’s fire-fighting fund has gone before the economic crisis even...

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Miller back in market to buy Bulgarian retail centre for £100m

scotsman.com
16-Nov-2008 1 related
        

Published Date: 16 November 2008 MILLER Developments, the commercial property division of Edinburgh-based Miller Group, has made its biggest acquisition in mainland Europe amid signs that falling prices are attracting cash-rich...

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Recession gloom sets the mood in the euro zone

gulfnews.com
15-Nov-2008
        

European equities ended sharply lower after a vol-atile week that saw both Germany and the euro zone economy as a whole slip into recession, as many investors remained reluctant to dip their toes into turbulent markets.

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Banking and Finance: Deep cuts - Czech National Bank drops a dramatic 75 points from interest...

praguepost.com
13-Nov-2008 2 related
        

By Stephan Delbos Staff Writer, The Prague Post November 12th, 2008 issue ČNB Governor Zdeněk Tůma received praise for his bank's intervention to boost economic growth. The Czech National Bank (ČNB) announced an interest rate...

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UPDATE 2-Croatia promises zero deficit, wage freeze

finanznachrichten.de
13-Nov-2008 4 related
        

By Zoran Radosavljevic OPATIJA, Croatia, Nov 13 (Reuters) - Prime Minister Ivo Sanader said his government, which hopes to conclude European Union membership talks next year, plans to bring forward earlier plans to balance the...

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Nov 12. VTB signed an agreement with CBR on the compensation of losses suffered...

finamrus.com
13-Nov-2008 1 related
        

Nov 12. VTB signed an agreement with CBR on the compensation of losses suffered on the inter-bank lending market, VTB CEO Andrey Kostin said Tuesday. According to him, the agreement was signed Monday, but it was re-signed on...

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project-syndicate.org: Marek Belka project-syndicate.org

Marek Belka and Erik Berglof: New Europe Catches Old Europe’s Cold

project-syndicate.org
12-Nov-2008 1 related
        

LONDON – As governments across Western Europe began bailing out banks and their depositors, Eastern Europeans watched nervously, unsure about what the global financial storm would mean for them. Now that the storm has hit, the...

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Home loans almost halve over three months

bulgarianhomeloans.com
11-Nov-2008
        

Bulgaria"s new home mortgages dropped almost in half in July-September, compared to the previous quarter, central bank statistics show. Banks gave 6406 new loans worth 620 million leva from July to September, compared to 12 165...

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UPDATE 1-Romanian inflation higher in Oct on weaker leu, food

finanznachrichten.de
11-Nov-2008
        

BUCHAREST, Nov 11 (Reuters) - Romania's inflation surprised with a rise in October due to food costs and a currency that has fallen victim to the global financial crisis, likely pushing back expectations of cuts in interest...

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The last untapped market in Europe

russiaprofile.org
10-Nov-2008
        

Is Belarus about to throw off its title of "last dictatorship in Europe" and earn itself a new moniker, "the last untapped market in Europe"? Belarus has been closed for business for most of the last decade and half, as...

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