Eastern Europe


  • TOKYO, Oct 29- Japan's Prime Minister Yoshihiko Noda made clear on Monday he was in no rush to go to the polls, speaking of the risk of a ``political vacuum'' in a speech likely to anger an opposition that has urged him to keep a promise to call an election soon.

  • KIEV, Oct 29- Ukrainian President Viktor Yanukovich's party was on course on Monday to secure a parliamentary majority after an election, but will face an opposition boosted by resurgent nationalists and a liberal party led by boxing champion Vitaly Klitschko.

  • TOKYO, Oct 29- Japanese Prime Minister Yoshihiko Noda made clear on Monday he is in no rush to go to the polls, speaking of unfinished business and the risk of a ``political vacuum'' in a speech likely to anger the opposition, which has been urging him to keep a promise to call an election soon.

  • The Impact of Budget Cuts on Eastern Europe     Monday, 29 Oct 2012 | 3:20 AM ET

    Herbert Stepic, CEO of Raiffeisen Bank, tells CNBC that Eastern Europe has not been forgotten at all and the central and eastern European countries did their homework earlier after 2009.

  • Governments to debate 50 bln euro cut to EU budget Sunday, 28 Oct 2012 | 7:58 PM ET

    BRUSSELS, Oct 28- European Union governments will debate a cut of at least 50 billion euros this week as the starting point for negotiations on the bloc's proposed 1 trillion-euro long-term budget, a source familiar with the issue said.

  • Ukraine ruling party claims victory in election Sunday, 28 Oct 2012 | 6:08 PM ET

    KIEV, Ukraine-- Ukrainian President Viktor Yanukovych's party claimed victory Sunday in a parliamentary vote tainted by the jailing of the country's top opposition leader.

  • Ukraine's opposition doing well in election Sunday, 28 Oct 2012 | 2:46 PM ET

    KIEV, Ukraine-- Ukraine's opposition parties performed strongly in Sunday's parliamentary vote, according to an exit poll, but President Viktor Yanukovych's party could still retain control of the legislature as its members are likely to sweep individual races across the country.

  • Swiss offer military bunkers as art storage answer Sunday, 28 Oct 2012 | 1:14 PM ET

    ZURICH/ LONDON, Oct 28- A metal door set into a mountain in Switzerland offers a way out for fine art investors forced to pay over the odds to insure their collections.

  • Ukraine elects parliament amid violations claims Sunday, 28 Oct 2012 | 11:56 AM ET

    KIEV, Ukraine-- Ukraine's opposition parties alleged widespread violations in Sunday's parliamentary vote, seen as a test of President Viktor Yanukovych's commitment to democracy and European values.

  • *Poland is EU's growth leader but lags on innovation. WARSAW, Oct 28 Reuters)- Polish scientist Miroslaw Grudzien built the infra-red detectors that NASA uses to explore Mars, but getting a business development loan nearly defeated him. Such stories are common in Poland.

  • Ukraine votes with opposition leader in jail Sunday, 28 Oct 2012 | 3:16 AM ET

    Ukraine's relations with the West have soured over the jailing of Tymoshenko, which prompted the European Union to shelve a long-awaited partnership deal with Kiev. If the West turns a cold shoulder to Ukraine, Moscow is likely to court Kiev to create a greater economic and political alliance.

  • Russian opposition leaders detained in Moscow Saturday, 27 Oct 2012 | 10:25 AM ET

    MOSCOW-- Moscow police on Saturday briefly detained several opposition leaders as well as a dozen other activists while they were protesting against the intensifying crackdown on Russian opposition. But days later, he disavowed his confession and filed a complaint over what he said was his abduction from Ukraine.

  • Russian opposition leaders detained Saturday, 27 Oct 2012 | 9:17 AM ET

    MOSCOW-- Russian opposition leaders have been detained while protesting what they say is the torture of a fellow activist. The three men were among hundreds of people gathered in central Moscow to protest an increasingly relentless crackdown on the opposition in Russia.

  • Russian tycoon to ditch business for politics Saturday, 27 Oct 2012 | 8:30 AM ET

    MOSCOW-- Billionaire New Jersey Nets owner and former Russian presidential candidate Mikhail Prokhorov said Saturday he's leaving business to focus full-time on politics, returning to the political arena after remaining silent through a five-month Kremlin crackdown on the opposition.

  • In shaky Syrian holiday truce, enemies eye victory Friday, 26 Oct 2012 | 9:58 PM ET

    LONDON, Oct 26- Lakhdar Brahimi's holiday truce may have saved Syrian lives on Friday, as government troops and rebels drew breath on several fronts- though dozens still shed blood on Eid al-Adha, the Muslim Feast of Sacrifice.

  • Looters strip Bulgaria of ancient treasures Friday, 26 Oct 2012 | 11:26 AM ET

    ARCHAR, Bulgaria-- On the banks of the Danube, in the northwest corner of Bulgaria, lie the remnants of an ancient Roman settlement called Ratiaria, host to a priceless cultural heritage.

  • ANALYSIS-Hamas brinkmanship masks quiet confidence Friday, 26 Oct 2012 | 10:09 AM ET

    *Arab Spring puts Hamas on broader Islamist path. *Hamas aims to lead Palestinian national movement.

  • Output challenge denies Big Oil best of Q3 bonanza Friday, 26 Oct 2012 | 9:24 AM ET

    LONDON/ SAN FRANCISCO, Oct 26- Top oil companies in the western world are missing out on the full benefits of strong crude prices because of costly production outages and delays in bringing on new capacity, third-quarter results are set to show. ``Earnings are... down 13 percent year-on-year, worse than the 2 percent decrease in Brent prices- once again demonstrating the majors' poor margin capture in a strong commodity price environment and rising cost pressures,'' said Credit Suisse analysts in a note on the top European players.

  • LONDON, Oct 25- International oil company BP, weakened and distracted by its troubles in the United States and Russia, is in danger of losing touch with the leaders in an industry where strength and focus yield the richest pickings. ``I can't help thinking they've sort of lost their way.'' Everywhere you look, they're falling behind, `` said a senior executive of one rival this week.

  • *Iran to seek more coking coal as steel imports banned. Despite the setbacks, industry sources say producers in Ukraine are providing Iran with coking coal, also known as metallurgical coal, and coke- key steel ingredients.