Eastern Europe


  • PRESS DIGEST - RUSSIA - Oct 8 Monday, 8 Oct 2012 | 5:38 AM ET

    MOSCOW, Oct 8- The following are some of the leading stories in Russia's newspapers on Monday. -Samsung Electronics Co Ltd's sold 28 percent of all tablet computers in Russia in August, while Apple Inc..

  • UPDATE 1-World Bank slashes Russia growth forecasts Monday, 8 Oct 2012 | 5:38 AM ET

    MOSCOW, Oct 8- The World Bank slashed its economic growth forecasts for Russia on Monday and cautioned that labour shortages would force up inflation even as the world's ninth-largest economy slows.

  • ANKARA, Oct 8- The gas flow on a pipeline carrying Iranian natural gas to Turkey was halted due to an explosion in eastern Turkey in the early hours of Monday, Turkish energy officials told Reuters.

  • World Bank slashes Russia growth forecasts Monday, 8 Oct 2012 | 5:03 AM ET

    MOSCOW, Oct 8- The World Bank on Monday slashed its economic forecasts for Russia and cautioned that, even as growth slows, labour shortages show the world's ninth-largest economy is overheating. The global development lender cut its forecast for economic growth this year to 3.5 percent from 3.9 percent previously, down from last year's growth of 4.3 percent.

  • MOSCOW, Oct 8- Russian stocks fell on Monday and the rouble weakened, hurt by worries about the health of the global economy and lower commodity prices. The rouble-traded MICEX index was down 0.7 percent to 1,468.01 at 0700 GMT, while the dollar-based RTS was off 1.0 percent to 1,492.53. Shares of Russia's third-largest crude producer TNK-BP.

  • Oct 08- Fitch Ratings has upgraded Atrium European Real Estate Limited's Long-term Issuer Default Rating and senior unsecured rating to' BBB-' from' BB+'. The Outlook on the IDR is Stable.

  • BUCHAREST, Oct 8- Emerging European currencies edged lower on Monday, while signs Hungary is moving closer to an international financing deal helped the forint hold on to Friday's sharp gains.

  • Russian car sales up 10 pct in Sept - AEB Monday, 8 Oct 2012 | 4:04 AM ET

    MOSCOW, Oct 8- Sales of new cars in Russia grew 10 percent year-on-year in September, the Association of European Businesses said on Monday, after a rise of 15 percent the previous month. The AEB expects that 2.8 million cars would be sold in Russia during 2012, around 7.5 percent up on the previous year.

  • PRAGUE, Oct 8- Czech industrial output fell in August and unemployment ticked higher in September, data showed on Monday, raising fears of a fourth straight quarter of contraction and indicating government austerity measures are deepening the economic downturn.

  • INSTANT VIEW 1-Czech Aug output falls, fcast Monday, 8 Oct 2012 | 3:30 AM ET

    PRAGUE, Oct 8- Czech industrial output to fall 3.1 percent on an annual basis in August, undershooting market expectations of a 0.5 percent increase and raising fears of a fourth straight quarter of recession. Seasonally adjusted output was down by 2.9 percent in August from July, the Statistics office said.

  • NORWAY GAS-Flows to Europe rise over 300 mcm/day Monday, 8 Oct 2012 | 3:21 AM ET

    OSLO, Oct 8- Norwegian gas exports to Europe rose on Monday morning from the previous day as production from a major gas processing plant has reached full capacity, gas system operator Gassco said. Exports to Europe including Britain rose by 18.9 million cubic metres to 312.9 mcm per day by 0600 GMT compared with the 294 mcm daily average on Sunday.

  • MOSCOW, Oct 8- Saratov oil refinery, owned by Anglo-Russian crude producer TNK-BP, has resumed production after it caught fire last week, TNK-BP said on Monday. The company also said it continues maintenance work at its visbreaker unit, which was hit by fire on Thursday, when one worker died after the incident.

  • PRAGUE, Oct 8- The Czech Statistical Bureau released the following August industrial and construction output data on Monday.

  • His comment highlights a key differences between the European Union, European Central Bank and International Monetary Fund- Greece's "troika" of lenders- over how to solve its debt crisis. Europe would prefer to give Athens more time to get back on track with its fiscal programme.

  • Lavrov speaks to the Association of European Business in Russia on EU-Russia relations in the context of Russian WTO membership and Eurasian integration processes. Crown Princess Mary of Denmark visits St. Petersburg.

  • Czech Republic - Factors To Watch on Oct 8 Monday, 8 Oct 2012 | 2:23 AM ET

    PRAGUE, Oct 8- Here are news stories, press reports and events to watch which may affect Czech financial markets on Monday. August foreign trade data at 0700 GMT. PRAGUE- Finance Ministry to publish detailed calendar for the issuance of domestic state bonds in November of 2012..

  • Slovakia - Factors To Watch on Oct 8 Monday, 8 Oct 2012 | 2:01 AM ET

    BRATISLAVA, Oct 8- Here are news stories, press reports and events to watch which may affect Slovak financial markets on Monday. Poor European Union states must fight hard to prevent richer members from cutting development aid for the rest of this decade or growth across the entire bloc could be undermined, the head of the EU executive said on Friday.

  • Poland - Factors to Watch on Oct 8 Monday, 8 Oct 2012 | 2:00 AM ET

    Here are news stories, press reports and events to watch, which may affect Poland's financial markets on Monday. Poland's treasury is considering to take over a controlling stake in a troubled Polish builder Polimex, Treasury Minister Mikolaj Budzanowski told a Rzeczpospolita daily.

  • INDICATORS - Slovakia - Oct 8 Monday, 8 Oct 2012 | 1:50 AM ET


  • PRESS DIGEST - Bulgaria - Oct 8 Monday, 8 Oct 2012 | 1:31 AM ET

    SOFIA, Oct 8- These are some of the main stories in Bulgarian newspapers on Monday. -If National Bank of Greece buys Eurobank. in Greece, their units in Bulgaria will create the biggest retail bank in the Balkan country with total assets of 12.4 billion levs.