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Eastern Europe

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  • Euro May Bring Europe Down: EU Parliament Member Tuesday, 19 May 2009 | 4:47 AM ET

    The singe European currency may bring the end of the whole European Union, because its one-size-fits-all approach means countries on the "wrong" side of the economic cycle lose out, European MP Nigel Farage said.

  • You've Missed the Rally: Analysts Thursday, 14 May 2009 | 8:34 AM ET

    The recent rally in stocks has run out of steam and there are no reasons for it to come back, two analysts told CNBC Thursday.

  • US Stress Tests Leave Europe's Banks Exposed Saturday, 9 May 2009 | 9:53 AM ET

    The results of the stress tests on 19 of the biggest US banks have left European banks exposed, as they now look vulnerable to recapitalization needs and to claims that not all checks were made to ensure rules were being followed, analysts said on Friday.

  • A U.S. Giant Transforms Eastern Europe Thursday, 7 May 2009 | 11:46 AM ET
    Pig Farm

    European hog farming is being transformed by an agricultural powerhouse operating in far-flung outposts.

  • Erste Bank Profit Falls, Reassures on E. Europe Thursday, 30 Apr 2009 | 6:12 AM ET

    Austrian bank Erste Group sought Thursday to dampen fears that it faces heavy losses in Eastern Europe as it reported a 26 percent fall in first-quarter net profit as provisions for bad loans increased.

  • London Alternative Fashion Week Friday, 24 Apr 2009 | 11:44 AM ET

    Designers emphasized the importance of fashion meaning something during the current recession and suggested consumers will focus on uniqueness and affordability which is what they offer.

  • Swedbank Posts Loss Because of Baltic Exposure Thursday, 23 Apr 2009 | 4:27 AM ET

    Swedish bank Swedbank reported Thursday a first-quarter net loss, disappointing analysts' expectations for a profit, due to large provisions for loan losses in its hard-hit Baltic operations.

  • UK Budget Top Highlights Wednesday, 22 Apr 2009 | 8:37 AM ET

    Chancellor of the Exchequer Alistair Darling predicted that the economy would contract at a rate of 3.5 percent in 2009, with a fall of around 1.6 percent in the fourth quarter.

  • Pressure Grows On Government To Up Green Spending Friday, 17 Apr 2009 | 3:32 PM ET
    Strommasten in Bonn am Montag, 15. Januar 2007. In der Bundesregierung gibt es gegensaetzliche Haltungen zu der von der Europaeischen Union geforderten Zerschlagung der Stromkonzerne. Nach Wirtschaftsminister Michael Glos (CSU) signalisierte auch Umweltminister Sigmar Gabriel (SPD) seine Bereitschaft fr entsprechende Plaene. Dagegen warnte Aussenminister Frank-Walter Steinmeier (SPD) vor einem solchen Schritt. (AP Photo/Roberto Pfeil) ---Power poles in Germany by Bonn, Monday, Jan. 15, 2007. (AP

    With big companies like BP, Shell and Iberdrola scaling back investment in renewable energy, analysts say governments need to pick up the slack.

  • China, India Are Still Hot: Mobius Friday, 17 Apr 2009 | 12:40 PM ET

    The current valuations of emerging markets are attractive and emerging markets also have undervalued currencies, Templeton Asset Management Managing Director Mark Mobius said Friday.

  • Pros Say: ECB Should Help Eastern Europe Friday, 10 Apr 2009 | 1:34 AM ET

    Reports that the IMF suggested that Eastern European countries should adopt the euro as soon as possible to solve their current account deficit and exchange rate problems have been dismissed by some experts.

  • Timeline: The Eastern European Domino Effect Friday, 10 Apr 2009 | 1:33 AM ET

    The credit crisis has had a near-catastrophic effect on many of the emerging economies in Eastern Europe. The International Monetary Fund shelled out tens of billions in emergency loans for the region, while governments have collapsed and angry protesters took to the streets in some countries.

  • Can the East Really Sink the European Union@f1 Friday, 10 Apr 2009 | 1:33 AM ET

    The once-booming CEE is stealing the limelight again but this time for less palatable reasons. As one analyst put it, "Eastern Europe's problem is a greater weight on the Western European nations than the subprime is in the United States."

  • Treasurys Are 'Disaster Waiting to Happen': Dr. Doom Tuesday, 17 Mar 2009 | 5:49 AM ET

    The Federal Reserve has no option but to start buying Treasurys as the government's needs for financing are huge, but the government bond market is a disaster in the making, Marc Faber, editor and publisher of The Gloom, Boom & Doom Report, told CNBC.

  • Data on Banks' Exposure to E. Europe 'Inaccurate': Erste Wednesday, 4 Mar 2009 | 12:07 PM ET

    The figure of $1.3 trillion for the exposure of Western banks to the Central and Eastern European region reported by the Bank for International Settlements is too high, Andreas Treichl, CEO of Erste Bank, one of the biggest banks operating in CEE, told CNBC Wednesday.

  • Economic Crisis Threatens the Idea of One Europe Monday, 2 Mar 2009 | 9:11 AM ET
    Map of Europe

    The leaders of the European Union gathered Sunday in Brussels in an emergency summit meeting that seemed to highlight the very worries it was designed to calm.

  • As it Falters, Eastern Europe Raises Risks Tuesday, 24 Feb 2009 | 8:02 AM ET
    Map of Europe

    The development boom that turned Poland, Hungary and other former Soviet satellites into some of Europe’s hottest markets is on the verge of going bust, raising worrisome new risks for the global financial system that may ricochet back to the United States.

  • East Weakness Could Hamstring West: Moody's Tuesday, 17 Feb 2009 | 7:05 AM ET

    Eastern Europe will suffer a more serious recession than Western Europe and the weakness in the region’s banks could drag on their Western counterparts, Moody’s said in a research note Tuesday. 

  • Market Tips: Get into Stocks … Aggressively Tuesday, 10 Feb 2009 | 7:34 AM ET

    1st paragraph of story should go here

  • Fields of corn surround the Golden Grain Energy ethanol plant, in Mason City, Iowa.

    Here in Abu Dhabi, exactly 7,095 miles from Washington D.C. where President Obama will be sworn in this week, the great and the good of the energy world will be discussing, amongst other things, the key issue surrounding future energy: who's going to pay for it?