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  • Hungary looks to develop gas production Wednesday, 26 Nov 2014 | 7:41 AM ET

    WARSAW, Poland— Hungary is looking to start extracting unconventional forms of natural gas in a bid to help Europe's become less dependent on Russian energy imports, government officials said Wednesday. Hungary's unconventional gas deposits are estimated at some 1,500 billion cubic meters— enough to supply all of Europe for three years— but they are deep and...

  • Ukraine still struggling to get shale investment Tuesday, 25 Nov 2014 | 11:04 AM ET

    WARSAW, Poland— Ukraine's government is still struggling to entice Western companies to invest in exploration for shale gas despite recent reforms meant to help the industry. Speaking on the sidelines of a conference in Poland, he said that the hostility of local communities in western Ukraine might be stalling license holders Chevron and Eni.

  • Shale gas company extends exploration in Poland Tuesday, 25 Nov 2014 | 9:25 AM ET

    WARSAW, Poland— Oil and gas firm San Leon Energy is extending its licenses to explore for shale gas in northern Poland, a company official said Tuesday. According to Marcin Zieba, the head of an association of explorers in Poland, the main issue is to find the best way to efficiently release the gas from Poland's shale rocks, which are different from those in the U.S.,...

  • DIARY - Emerging Markets Economic Events to Dec 1 Monday, 17 Nov 2014 | 7:02 PM ET

    Nov 18- For other related diaries, please. MAKATI CITY- Asian Development Bank to launch the latest Asian Economic Integration Monitor- 0130 GMT. BRASILIA- Brazil Central Bank President Alexandre Tombini may speak at congressional commission about deterioration of the country's fiscal results.

  • Polish board game mocks communist rationing system Monday, 17 Nov 2014 | 9:52 AM ET

    The system was used in Poland in the 1970 s and' 80 s to keep prices under control and fight speculation with food and goods that were difficult to get hold of. The Coupons Game "was introduced by the state-run National Remembrance Institute, which records and teaches about Polish history. It was last used in Poland in the' 70 s and' 80 s during the waning days of...

  • POLL-Zloty seen leading firming of CEE currencies Thursday, 6 Nov 2014 | 7:25 AM ET

    BUDAPEST, Nov 6- Poland's zloty is expected to lead a firming of Central European currencies against the euro in the next 12 months as the region's economies are set to outperform the struggling euro zone, analysts said in a Reuters poll. The consensus forecasts show the Czech crown gaining 1.3 percent to 27.45 versus the euro, Hungary's forint strengthening 0.8...

  • BUDAPEST/ WARSAW, Nov 5- The global financial crisis hit hard in central and eastern Europe, but one industry has thrived: second-hand clothing stores. Second-hand clothes retailers in Hungary, Poland, Bulgaria and Croatia have grown rapidly and, as the pace of income convergence between the West and Eastern Europe slows, they are investing millions of euros to...

  • *Negative impact of Russia- Ukraine crisis seen smaller. WARSAW, Nov 3- Manufacturing in Poland, ex-communist central Europe's largest economy, returned to growth in October, starting to catch up with stronger expansion in the Czech Republic and Hungary in a sign of regional robustness in the face of Russian sanctions. "It generally looks like central European...

  • *Paves the way for U.N. talks in Paris next year. The EU's 2030 goal should inject momentum ahead of a U.N. summit to be hosted by Paris in 2015 to seek a global pact on curbing climate change. Christiana Figueres, executive secretary of the U.N. Framework Convention on Climate Change, tweeted the decision gave "valuable momentum for Paris 2015".

  • *Paves the way for U.N. talks in Paris next year. The EU's 2030 goal should inject momentum ahead of a U.N. summit to be hosted by Paris in 2015 to seek a global pact on curbing climate change. Christiana Figueres, executive secretary of the U.N. Framework Convention on Climate Change, tweeted the decision gave "valuable momentum for Paris 2015.".

  • *General Electric said considering sale of its Polish bank. *Bank share price rises sharply in Warsaw on sale talk. WARSAW, Oct 16- General Electric Co's announcement it may sell its Polish lender Bank BPH is an acknowledgement it failed to make the business thrive, even though Poland is one of the few places in Europe where banking is still in robust health.

  • *Exxon Mobil says refinery strategic regardless of EU policy. ANTWERP, Belgium, Oct 16- Exxon Mobil is pouring $1 billion into a refinery in the European Union, setting aside concerns ranging from poor margins to EU green energy rules due to be agreed next week that will cut demand for oil. Heavy industry and some nations, such as coal-dependent Poland, have argued...

  • *Exxon Mobil says refinery strategic regardless of EU policy. ANTWERP, Belgium, Oct 16- Exxon Mobil is pouring $1 billion into a refinery in the European Union, setting aside concerns ranging from poor margins to EU green energy rules due to be agreed next week that will cut demand for oil. Heavy industry and some nations, such as coal-dependent Poland, have argued...

  • PARIS, Oct 12- Health checks on Europe's banks may reveal takeover targets, but because protectionist regulation across the region has yet to be addressed, any post- "stress test" tie-ups are likely to be along national lines and could make a splintered industry more so. The European Central Bank takes direct authority over the currency area's 120 top banks on Nov. 4...

  • MOSCOW, Sept 10- Russian gas producer Gazprom said on Wednesday Poland was receiving the same amount of gas that it had received in recent days in response to charges from Warsaw that deliveries so far this week were down 20 percent.

  • LONDON, Sept 9- The British subsidiary of French train and turbine maker Alstom paid around $8.5 million in bribes over a six-year period to win transport contracts in India, Poland and Tunisia, Britain's leading fraud prosecutor alleged on Tuesday.

  • PARIS, Sept 8- A panel appointed by search engine Google will hold the first of a series of meetings on Tuesday to debate the balance between privacy and the free flow of information after a May court ruling reinforced Europeans' "right to be forgotten".

  • LONDON/ BUDAPEST, Sept 3- Banks in central and eastern Europe risk missing out on beneficial foreign investment if they fail to step up efforts to provide clearer information about their financial health. Austria's Erste had a profit-warning in July because of troubles in Hungary and Romania.

  • KIELCE, Poland, Sept 2- Airbus Group is interested in setting up joint ventures to support the Polish defence industry but has downplayed the question of Warsaw taking a direct shareholding in the European aerospace group.

  • *Ukrainian leader warns of all-out war with Russia. BRUSSELS, Aug 30- European Union leaders on Saturday chose Poland Prime Minister Donald Tusk to chair their Council and named Italian Federica Mogherini to run the bloc's foreign relations, as the EU prepared to threaten Russia with new sanctions over Ukraine.