*Inflation a greater risk than economic slowdown. MOSCOW, Oct 2- Russia's central bank may hold or raise interest rates at its meeting this week, a policymaker said on Tuesday, signalling the bank's strong focus on inflation after it made a surprise hike last month.
MOSCOW, Oct 2- The following are some of the leading stories in Russia's newspapers on Tuesday. -Russia's main lender Sberbank raised its mortgage rates to 13.25 percent with analysts expecting other banks to follow. -Russian drug traders make up to 20 billion roubles a year, head of Russia's anti-drug watchdog Victor Ivanov says in an interview.
MOSCOW, Oct 2- Russian steel and coal miner Mechel reported on Tuesday a surprise $823 million net loss for the second quarter of 2012, compared to a $192 million net profit as reported in the year-earlier period. Stripping off impairment charges, the net loss amounted to $177 million, the company said in a statement.
WARSAW, Oct 2- Environmental group ClientEarth, which has blocked Polish top utility PGE's 11.6- billion zloty power project said on Tuesday the latest court ruling lifted the investment ban. Earlier, a Polish court ordered a re-examination of the stalled investment, which could still delay Poland's largest power sector contract to date.
*Decision further delays Poland's No.1 power sector deal. WARSAW, Oct 2- A Polish court on Tuesday ordered a re-examination of the 11.6- billion zloty investment in new power units by Poland's top utility PGE, further delaying the construction project keenly awaited by local builders.
BUCHAREST, Oct 2- Romanian industrial producer prices. rose 7.2 percent on the year in August and were up 1.3 percent on the month, data from the National Statistics Board showed on Tuesday. Following is a table of August industrial producer price figures.
MOSCOW, Oct 2- Russia's central bank may hold or raise interest rates at its policy meeting this week, a senior official said on Tuesday, signalling the bank's tightening bias after its surprise rate hike last month.
HELSINKI, Oct 2- The following stocks may be affected by newspaper reports and other factors on Tuesday:. The Danish pharmaceutical group and its Japanese partner, Takeda Pharmaceutical Co, have submitted an application to the U.S. Food and Drug Administration for approval of its antidepressant, vortioxetine, Lundbeck said on Tuesday.
WARSAW, Oct 2- A Polish court on Tuesday ordered a re-examination of the 11.6- billion zloty investment in new power units by Poland's top utility PGE, further delaying the construction project keenly awaited by troubled local builders.
MOSCOW, Oct 2- Russia's oil output, the world's largest, edged up 0.3 percent in September compared with August to reach a new post-Soviet high of 10.41 million barrels per day on the back of oil price increases, Energy Ministry data showed on Tuesday. In tonnes, Russia's crude production stood at 42.59 million last month, the ministry said.
PRAGUE, Oct 2- Here are news stories, press reports and events to watch which may affect Czech financial markets on Tuesday. EUROBOND: The Czech Republic took advantage of record low yields to raise funds for 2013, surprising markets with a 750 million euro reopening of a 10- year Eurobond.
BRATISLAVA, Oct 2- Here are news stories, press reports and events to watch which may affect Slovak financial markets on Tuesday. Austria's Raiffeisenbank board member Aris Bogdaneris to meet with media on new retail banking model in Slovakia, 0700 GMT.
MOSCOW- The VTB Capital " RUSSIA CALLING!" MOSCOW- Russia's Deputy Agriculture Minister Ilya Shestakov holds a briefing. MOSCOW- Russia's monthly oil output and export and gas output data.
Here are news stories, press reports and events to watch, which may affect Poland's financial markets on Tuesday. Jan Kulczyk, Poland's richest man, bought 58 percent in local green energy firm Polish Energy Partners, the Warsaw bourse said in a statement on Monday, less than the 80 percent he had hoped to buy to allow him to delist the company.
The Danish pharmaceutical group and its Japanese partner, Takeda Pharmaceutical Co, have submitted an application to the U.S. Food and Drug Administration for approval of its antidepressant, vortioxetine, Lundbeck said on Tuesday. For more on the company, click on TELIASONERA.
MOSCOW, Oct 2- Russia's oil output, the world's largest, edged up 0.3 percent in September to reach a new post-Soviet high of 10.41 million barrels per day, compared to 10.38 million bpd in August, Energy Ministry data showed on Tuesday. In tonnes, Russia's crude production stood at 42.59 million last month, the ministry said.
-Bulgaria will not hold talks with U.S.-registered Global Power Consortium for the possible sale of its abandoned Belene nuclear project until a referendum on the fate of the plant is carried out, Prime Minister Boiko Borisov said.
*More assertive Kazakhstan sets eyes on ConocoPhillips stake. *Kashagan key to rapid rise in Kazakh oil output* Kazakh minister hopes field to produce first oil in March By Robin Paxton ASTANA, Oct 2- U.S. oil firm ConocoPhillips.
NEW LISTINGS OR, AMENDMENTS ARE MARKED* KEY INTEREST RATES ECB'S TWO-WEEK REPO rate 0.75 last changed JULY 5, 2012 former rate 1.00 SLOVAK REAL GDP Q2/12 FLASH ESTIMATE +0.7 +2.7 SLOVAK REAL GDP Q2/12 Q1/12 Q2/11 FY/11 +2.8 +3.0 +3.5 +3.3 Final consumption Household -0.3 -0.1 -0.1 -0.4 Government -2.1 +0.4 -5.1 -3.5 Gross fixed capital formation -1.1 -3.9 +6.4 +5.7 Foreign trade balance exports of goods and services +8.9 +6.0 +13.1 +10.8 imports of goods and services +3.2 +2.1 +10.9 +4.5 SLOVAK REAL GDP FY/2011 +3.3 FY/2010 +4.2 FY/2009 -4.9 FY/2008 +5.9 FY/2007 +10.5 FY/2006 +8.3 FY/2005 +6.7 FY/2004 +5.1 FY/2003 +4.8 FY/2002 +4.6 FY/2001 +3.5 FY/2000 +1.4 C/A BALANCE JUNE 12 MAY 12 JUNE 11 +364.0 +449.0 -19.0 C/A BALANCE END-2011 END-2010 END-2009 +38.0 -1.637 -1.627 FOREIGN TRADE JULY 12 JUNE 12 JULY 11 JAN-DEC 11 Imports 4,578.9 4,983.0 4,227.5 53,966.1 Exports 4,977.9 5,331.9 4,252.6 56,407.9 Balance +399.0 +348.8 +25.1 +2,441.9 DYNAMICS OF TRADE nominal imports +8.3 +8.4 +9.5 +13.6 nominal exports +17.1 +11.4 +12.9 +16.9 SLOVAK UNEMPLOYMENT AUG 12 JULY 12 AUG 11 pct of workforce 13.19 13.27 13.12 number available for work 356,423 358,652 349,885.
In the Platts window, Eni bought an 80,000- tonne Oct 14-18 cargo in the Mediterranean from Vitol at dated Brent minus $1.80, some 20 cents weaker than prices earlier this week, traders said. Also in the Mediterranean, BP bought an Oct 19-23 Azeri Light cargo from Socar at dated Brent plus $2.05, some 45 cents weaker than offers on Monday.