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Eastern Europe

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  • BRATISLAVA, Oct 10- The Slovak government approved on Wednesday 121.2 million euros in state aid for 10 investors, including 19.8 million euros for the South Korean Samsung Electronics. It had originally sought 28 million euros, but the previous centre-right government snubbed this call this spring.

  • MOSCOW, Oct 10- Gazprom Neft, the oil arm of Russia's top natural gas producer Gazprom, is still interested in Kurdistan's oil, a Gazprom Neft source said, rebutting reports it had frozen projects in the Iraqi province.

  • WARSAW, Oct 10- Central European currencies firmed in early trade on Wednesday, recovering after the IMF's cut to its global and regional growth forecasts soured investor sentiment early in the week.

  • Leave me in peace, France's Strauss-Kahn begs media Wednesday, 10 Oct 2012 | 6:30 AM ET

    PARIS, Oct 10- Former IMF chief Dominique Strauss-Kahn said in a rare magazine interview published on Wednesday that he is tired of being hunted by the media and begged to be left alone as he tries to move on from a sex scandal that wrecked his career.

  • NEW DELHI, Oct 10- Russia delayed delivery of a trouble-plagued aircraft carrier for at least a year on Friday, a blow to India's efforts to quickly build up naval strength as increasingly assertive Asian rival China expands its maritime reach.

  • PRESS DIGEST - RUSSIA - Oct 10 Wednesday, 10 Oct 2012 | 6:22 AM ET

    MOSCOW, Oct 10- The following are some of the leading stories in Russia's newspapers on Wednesday. -Russia's Defense Minister Anatoly Serdyukov introduced a draft law providing for the establishment of a military police, the daily writes.

  • UPDATE 1-Poland values ZE PAK at low end of IPO forecasts Wednesday, 10 Oct 2012 | 6:03 AM ET

    WARSAW, Oct 10- Poland valued local utility ZE PAK at 1.72 billion zlotys in a prospectus issued on Wednesday, close to the lower end of brokers' estimates as optimism about the stock is scaled back. Fund managers also have concerns about the age of ZE PAK's power plants and the amount of CO2 they emit.

  • Bulgaria targets 1.3 pct/GDP budget gap in 2013 Wednesday, 10 Oct 2012 | 5:56 AM ET

    SOFIA, Oct 10- Bulgaria's government approved on Wednesday a 2013 budget draft that aims to keep the fiscal deficit down and also allow a hike in state pensions after a three-year freeze, Finance Minister Simeon Djankov said.

  • UPDATE 1-Putin backs BP's sale plan for TNK-BP - FT Wednesday, 10 Oct 2012 | 5:56 AM ET

    LONDON/ MOSCOW, Oct 10- Russian president Vladimir Putin backs BP's plan to sell its 50 percent stake in TNK-BP to state oil group Rosneft, the Financial Times reported on Wednesday, citing an interview with Rosneft Chief Executive Igor Sechin.

  • Croatia to choose partner for Plomin plant in Q1 '13 Wednesday, 10 Oct 2012 | 5:53 AM ET

    ZAGREB, Oct 10- Croatia will choose by next April its strategic partner in the construction of a 500- megawatt thermal power plant in the northern Adriatic, Deputy Prime Minister Radimir Cacic said on Wednesday. The bidders were Italy's Edison, KOSEP from South Korea, Marubeni from Japan and Poland's POL-MOT.

  • Slovak FinMin upbeat on Spain, no aid signals sent Wednesday, 10 Oct 2012 | 5:24 AM ET

    BRATISLAVA, Oct 10- The Spanish government's austerity drive should be sufficient to shield the euro zone country from seeking international aid, the finance minister of fellow euro zone member Slovakia said on Wednesday. "They have their structural problems, but their plans and their reactions are considered sufficient.

  • Russia's MDMG London IPO order books covered-sources Wednesday, 10 Oct 2012 | 5:15 AM ET

    MOSCOW/ LONDON, Oct 10- Order books are covered on the $300 million London listing of Russia's MD Medical Group, according to three sources close to the deal.

  • Russia sees strong demand for 10yr OFZ bonds Wednesday, 10 Oct 2012 | 5:11 AM ET

    MOSCOW, Oct 10- The Russian Finance Ministry sold 34.2 billion roubles of 10- year OFZ treasury bonds. Russia's Finance Ministry plans to auction 335 billion roubles in OFZ treasury bonds during the fourth quarter of 2012..

  • CEE MARKETS-Region's currencies a touch stronger Wednesday, 10 Oct 2012 | 5:01 AM ET

    WARSAW, Oct 10- Central European currencies were a touch stronger in early trade on Wednesday, recovering from the recently sour investor sentiment that spread through the markets after the IMF cut its global growth forecasts.

  • NEW DELHI, Oct 10- Russia delayed delivery of a trouble-plagued aircraft carrier for at least a year on Friday, a blow to India's efforts to quickly build up naval strength as increasingly assertive Asian rival China expands its maritime reach.

  • MOSCOW, Oct 10- Gazprom Neft, the oil arm of Russia's top natural gas producer Gazprom, is still interested in Kurdistan's oil, a Gazprom Neft source said, rebutting reports it had frozen projects in the Iraqi province.

  • NORWAY GAS-Flows to Britain drop sharply Wednesday, 10 Oct 2012 | 4:00 AM ET

    OSLO, Oct 10- Norwegian gas exports to Europe fell on Wednesday morning as output from the Nyhamna gas plant has been reduced due to technical problems, resulting in a sharp drop in supplies to Britain, data from gas system operator Gassco showed.

  • Russian shares edge lower, rouble steady Wednesday, 10 Oct 2012 | 3:53 AM ET

    *Russian stocks fall as risk appetite wanes. MOSCOW, Oct 10- Russian shares fell in early trading on Wednesday, following emerging market peers and bruised by rising risk aversion globally, while the rouble was steady, supported by higher oil prices. At 0857 GMT the rouble-denominated MICEX index.

  • WARSAW, Oct 10- Poland's inflation and growth projection, which the central bank will release next month, will probably show the need for an interest rate cut, a central banker said on Wednesday.

  • WARSAW, Oct 10- Poland's inflation and growth projection, which the central bank will release next month, will probably show the need for an interest rate cut, a central banker said on Wednesday.