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Europe News Eastern Europe

  • MOSCOW, March 22- Russia will start selling treasury bonds to households in mid-April, the first time it has borrowed directly from small retail investors, finance ministry officials said on Wednesday. But despite its pledge to ensure timely repayment, demand could be limited by memories of the Soviet Union's default on state bonds when it collapsed in 1991 and...

  • MOSCOW, March 22- Russia will start selling treasury bonds to households in mid-April, the first time it has borrowed directly from small retail investors, finance ministry officials said on Wednesday. But despite its pledge to ensure timely repayment, demand could be limited by memories of the Soviet Union's default on state bonds when it collapsed in 1991 and...

  • MOSCOW— President Vladimir Putin says Russia's arms sales abroad last year have topped $15 billion. Putin, speaking Wednesday at a meeting with officials, said Russia last year also signed $9.5 billion in new arms-export contracts, which currently total $50 billion. Russia has waged an air campaign in Syria since September 2015, helping Syrian President...

  • *Czech bonds mixed before auction, abundant supply is seen. *Czech crown retreats in forward contracts implied rates. BUDAPEST/ PRAGUE, March 22- Central European government bond yields and stocks fell on Wednesday, tracking global markets, as doubts grew over U.S.

  • *Investors concerned by healthcare vote, FBI investigation. Investors are also worried by an FBI investigation into possible ties between Trump's presidential campaign and Russia as Moscow sought to influence the 2016 U.S. election, which was confirmed on Monday. "The mood is being driven by this realisation that Trump is not going to be able to deliver all his...

  • WASHINGTON- Federal Reserve Deputy Director for Division of Bank Supervision and Regulation Maryann Hunter will attend American Bankers Association's Government Relations Summit- 1145 GMT. FRANKFURT- French Central Bank Chief Francois Villeroy de Galhau and other top European finance officials speak in Frankfurt. FRANKFURT- European Central Bank...

  • WASHINGTON- Federal Reserve Deputy Director for Division of Bank Supervision and Regulation Maryann Hunter will attend American Bankers Association's Government Relations Summit- 1145 GMT. FRANKFURT- French Central Bank Chief Francois Villeroy de Galhau and other top European finance officials speak in Frankfurt. FRANKFURT- European Central Bank...

  • NEW YORK, March 21- Wall St glued to politics as correction fears return. The steepest pullback in stocks since the U.S. presidential election reveals investor angst about President Donald Trump's ability to push through major reforms, leaving stocks vulnerable to a long-anticipated correction. Adding to the angst, FBI Director James Comey on Monday...

  • LONDON/ MOSCOW, March 21- The Russian telecoms market is set to recover after years of competitive pressure and a depressed economy following U.S. sanctions, said Andrey Dubovskov, chief executive of Russia's largest telecom operator Mobile Telesystems. "I have a positive sentiment for 2017, I think all the players are now quite tired after years of strong...

  • HELSINKI— A group of anti-corruption reporters who in 2014 exposed a criminal scheme to move large sums of money out of Russia say they've uncovered details about how the system worked, including the transfer of $21 billion through major banks. "Law enforcement agencies in Moldova, Latvia, Britain and Russia continue to investigate Laundromat, but attempts to...

  • LONDON, March 21- Singapore topped the Economist Intelligence Unit's twice-yearly list of the world's most expensive cities. Here is the ranking for the most expensive and cheapest cities:. (Reporting by Jeremy Gaunt, editing by Pritha Sarkar).

  • MOSCOW/ ZAGREB, March 21- Russia's biggest bank Sberbank is doing everything possible to support troubled Croatian retailer Agrokor, to which it is a major lender, Sberbank's Chief Executive German Gref said on Tuesday. Gref added to reporters in Moscow that Sberbank did not want to manage a retailer in Eastern Europe. Agrokor, the biggest Croatian private...

  • MOSCOW, March 21- Russia's biggest bank Sberbank is doing everything possible to support Croatia's Agrokor, to which it is a major lender, Sberbank's Chief Executive German Gref said on Tuesday. Gref added to reporters in Moscow that Sberbank did not want to manage a retailer in Eastern Europe. Agrokor, the biggest Croatian private company and also the biggest...

  • MOSCOW— Ukraine's central bank says a trade blockade of rebel-held regions in the east is hurting the economy. The National Bank of Ukraine says it has slashed its estimate for economic growth in 2017 to 1.9 percent from the 2.8 percent predicted in January due to the blockade. The blockade has exacerbated tensions in Ukraine, where fighting between government...

  • *Czech president suggests crown cap regime may end soon. BUDAPEST/ PRAGUE, March 21- The Czech crown surged against the euro in forward contracts on Tuesday after the country's president suggested the central bank could soon remove its cap on the currency's spot value. On Monday, President Milos Zeman said: "I spoke to governor Rusnok two days ago, and I will tell no...

  • MOSCOW, March 21- Russia will pay off an outstanding foreign debt of the Soviet Union in full by transferring $125.2 million to Bosnia and Herzegovina, Deputy Finance Minister Sergei Storchak said on Tuesday. Storchak said that Russia and Bosnia and Herzegovina signed an inter-government agreement under which Sarajevo will receive Moscow's payment within...

  • WASHINGTON— U.S. and British officials said Tuesday the decision to bar laptops and tablets from the cabins of some international flights wasn't based on any specific threat but on longstanding concerns about terrorists targeting jetliners. The U.S. ban affects flights from Amman, Jordan; Kuwait City, Kuwait; Cairo; Istanbul; Jeddah and Riyadh, Saudi Arabia;...

  • LONDON- Federal Reserve Bank of New York President and CEO William Dudley will attend an event "Banking Culture; An International Challenge and an Opportunity" organized by Banking Standards Board and the Lord Mayor of London- 0820 GMT. LONDON- Federal Reserve Bank of New York President and CEO William Dudley will attend an event "Worthy of Trust?

  • LONDON- Federal Reserve Bank of New York President and CEO William Dudley will attend an event "Banking Culture; An International Challenge and an Opportunity" organized by Banking Standards Board and the Lord Mayor of London- 0820 GMT. LONDON- Federal Reserve Bank of New York President and CEO William Dudley will attend an event "Worthy of Trust?

  • Mark Vartanyan, 29, who's known to have used the online alias "Kolypto," was arrested in Norway in October 2014 and was extradited to the U.S. in December. Vartanyan was involved in the development, improvement, maintenance and distribution of Citadel from August 2012 to January 2013 while living in Ukraine and again from April 2014 to June 2014 while living in...