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Eastern Europe

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  • 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.

  • BUCHAREST, Oct 10- Romania's annual inflation jumped to 5.3 percent on the year in September, above the central bank's target and reducing its scope to cut interest rates to help a languishing economy.

  • Poland plans to float Energa in mid-2013 Wednesday, 10 Oct 2012 | 3:32 AM ET

    WARSAW, Oct 10- Poland plans to float the country's fourth-largest utility Energa on the Warsaw Stock Exchange in the middle of 2013, Treasury Minister Mikolaj Budzanowski said on Wednesday. "We don't know yet how large of a stake we will sell," Budzanowski was quoted as saying in a presentation displayed at an industry seminar.

  • Poland values ZE PAK in IPO at $544 mln - prospectus Wednesday, 10 Oct 2012 | 3:19 AM ET

    WARSAW, Oct 10- Poland, which is offering a 50 percent stake in local utility ZE PAK in the country's largest initial public offering this year, values the whole group at 1.72 billion zlotys, PAK said in its prospectus published on Wednesday.

  • BUCHAREST, Oct 10- Romania's annual inflation jumped to 5.3 percent on the year in September, above the central bank's target and reducing its scope to cut interest rates to help a languishing economy. Other data showed Romania's adjusted industrial output.

  • BUCHAREST, Oct 10- Romania's annual inflation jumped to 5.3 percent on the year in September, above the central bank's target and reducing its scope to cut interest rates to help a languishing economy.

  • Romania industrial output falls in August Wednesday, 10 Oct 2012 | 3:01 AM ET

    BUCHAREST, Oct 10- Romania's adjusted industrial output. fell 1.1 percent on the month in August and was down 1.1 percent year-on-year, data from the National Statistics Board showed on Wednesday. Following is a table of the latest industrial output figures adjusted seasonally and for the number of working days.

  • Romania trade deficit widens in Jan-Aug Wednesday, 10 Oct 2012 | 3:01 AM ET

    BUCHAREST, Oct 10- Romania's trade deficit. The statistics board said CIF imports rose 1.2 percent to 36.0 billion euros in January-August, while exports were up 0.7 percent to 29.7 billion euros. Analysts expect exports to be significantly hit this year by the debt crisis in the euro zone, Romania's main trade partner.

  • Romania inflation quickens to 5.3 pct y/y in Sept Wednesday, 10 Oct 2012 | 3:00 AM ET

    BUCHAREST, Oct 10- Romania's annual inflation. jumped to 5.3 percent on the year in September from August's 3.9 percent due to a poor harvest, weak currency and energy price hikes, official data showed on Wednesday. Annual inflation was above market expectations and consumer prices rose 1.2 percent on the month, the National Statistics Board said.

  • ISTANBUL, Oct 10- Gas flow on a pipeline carrying Iranian natural gas to Turkey will resume within a week, following a blast in eastern Turkey on Monday, Turkish Energy Minister Taner Yildiz said on Wednesday. Yildiz also said that Turkey had avoided supply problems after daily supplies from Russia were increased.