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Eastern Europe

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  • Romania sells 2-yr T-bonds, yields marginally up Thursday, 4 Oct 2012 | 8:14 AM ET

    BUCHAREST, Oct 4- Romania sold 205 million lei in 2- year treasury bonds on Thursday, with the average accepted yield at 6.2 percent against 6.1 percent at a Sept. 13 tender, central bank data showed. Debt managers planned to sell 400 million lei.

  • *Evraz buys out management stake in Raspadskaya. MOSCOW/ LONDON, Oct 4- Russia's Evraz has agreed to take control of coal miner Raspadskaya in an $800 million deal that will make the steelmaker self-sufficient in coking coal and turn it into Russia's largest producer of the steel ingredient.

  • WARSAW, Oct 4- With its growth sliding, employment flat, and inflation slowing, sometimes it seems that the only thing not on a downward path in former EU growth leader Poland is interest rates.

  • MOSCOW, Oct 4- Saratovorgsintez, a chemical plant controlled by Russia's third-largest crude producer LUKOIL, has been hit by fire on Thursday, Russian news agencies report citing Emergencies Ministry. Interfax news agency said one worker was injured in fire in the plant, located in Saratov, some 850 kilometres south-east of Moscow.

  • Russia's VTB, Severstal issue Eurobond price guidance Thursday, 4 Oct 2012 | 7:42 AM ET

    MOSCOW, Oct 4- Two Russian borrowers, state-controlled VTB and privately-owned Severstal, issued price guidance for their benchmark Eurobond issues, IFR said on Thursday. Steelmaker Severstal has revised guidance for its 10- year issue to 5.90-6.00 percent from an initial level of around 6.125 percent, IFR said.

  • CEE MARKETS 2-Hungary bond yields rise at auction Thursday, 4 Oct 2012 | 7:41 AM ET

    *Hungary increases bond sale, yields rise as demand weakens. Hungary, whose bonds have been rallying in recent months, increased its bond sale to 47.5 billion forints from 45 billion, but average yields rose by 4-11 basis points from the previous auction two weeks ago.

  • Wednesday's clashes between police and supporters of the opposition Ata Zhurt party were the most violent in the capital Bishkek since the April 2010 revolt that ousted then-president Kurmanbek Bakiyev. "Parliament, the president, the government should resign, because they are not resolving the Kumtor issue," one demonstrator shouted through a megaphone.

  • Euroclear cuts bond deal with Russian exchange Thursday, 4 Oct 2012 | 7:32 AM ET

    LONDON, Oct 4- Russian bond trading is set to become easier for the world's top investment banks under a deal cut by the Russian stock market and one of Europe's top share settlement firms.

  • TABLE-Russian gold/fx reserves rise to $528.2 bln Thursday, 4 Oct 2012 | 7:07 AM ET

    MOSCOW, Oct 4- Russia's gold and foreign exchange reserves rose to $528.2 billion in the week to Sept. 28 from $524.5 billion a week earlier, central bank data showed on Thursday. The central bank provided the following figures: Latest week 528.2 Previous week 524.5 End-2011 498.6.

  • Shareholders in Poland's Multimedia drop plan to sell Thursday, 4 Oct 2012 | 6:54 AM ET

    WARSAW, Oct 4- Major shareholders in Poland's cable TV provider Multimedia Polska have decided to retain their stakes in the group, Multimedia said in a press statement on Thursday.

  • Poland opts for strategic investor in PHN real estate Thursday, 4 Oct 2012 | 6:51 AM ET

    WARSAW, Oct 4- Selling a majority stake in Poland's state-owned real estate group PHN to a strategic investor would be the best solution, Treasury Minister Mikolaj Budzanowski said on Thursday. PHN, created last year by pooling together 180 different real estate and land holdings, runs a portfolio estimated to be worth around 2.5 billion zlotys.

  • EU poised to agree ban on Iranian gas imports-sources Thursday, 4 Oct 2012 | 6:51 AM ET

    BRUSSELS, Oct 4- The European Union is poised to ban imports of Iranian gas into Europe as part of its efforts to ratchet up pressure on the Islamic Republic over its nuclear programme, diplomats said on Thursday.

  • UPDATE 1-Alstom CEO rules out further cash calls Thursday, 4 Oct 2012 | 6:39 AM ET

    PARIS, Oct 4- Alstom's chief executive ruled out any more cash calls after its recent 350 million euro capital hike and said that the increase was not intended to cover any negative business developments. Alstom's shares have declined around 5 percent since the announcement of the cash call.

  • PRAGUE, Oct 4- Czech new passenger car registrations fell by 6 percent year on year in the third quarter to 36,826 units as demand in the recession-hit economy ebbed, the country's Car Importers Association said on Thursday.

  • LONDON, Oct 4- Turkish stocks fell 1.6 percent on Thursday and credit default swaps jumped after a sharp escalation in political risks caused by retaliatory military raids within the Syrian border. "Clearly a short-term risk for Turkey and Turkish assets," said Simon Quijano-Evans, chief EEMEA economist at ING. MSCI emerging stocks rose 0.3 percent.

  • WARSAW/ LONDON, Oct 4- Poland's goal of reducing its dependence on Russian gas took a step forward on Thursday after it secured the final investments to start construction of its first liquefied natural gas terminal, expected to start importing gas from Qatar in 2014..

  • PRESS DIGEST - RUSSIA - Oct 4 Thursday, 4 Oct 2012 | 5:43 AM ET

    MOSCOW, Oct 4- The following are some of the leading stories in Russia's newspapers on Thursday. -The daily runs an interview with Igor Krylov, the director general of Pharmstandard, Russia's top drugmaker, who says the company produced 700 million packages of medicines in 2011..

  • World food prices tick upward Thursday, 4 Oct 2012 | 5:34 AM ET

    ROME-- A U.N. agency says international food prices ticked upward in September after two months of stability. International wheat prices fell toward the second half of the month following Russia's announcement that it would not impose restrictions on exports.

  • UK shares turn lower on Greece, Mideast concerns Thursday, 4 Oct 2012 | 5:09 AM ET

    *FTSE 100 falls 0.2 pct, sheds early gains. LONDON, Oct 4- UK shares turned lower on Thursday, hit by concerns over bailout talks in Greece and tensions in the Middle East, ahead of central bank meetings in Britain and Europe that are unlikely to generate new stimulus moves. By 0836 GMT, the UK's FTSE 100.

  • Evraz to gain control in a major Russian coal mine Thursday, 4 Oct 2012 | 4:57 AM ET

    MOSCOW-- Steelmaker Evraz is to gain control of one of Russia's largest coal mines after acquiring a half stake in Cyprus- based investment vehicle Corber Enterprises for an undisclosed sum.