Europe Top News and Analysis Poland

  • ROME- EU Commissioner Jyrki Katainen, Italian Economy Minister Pier Carlo Padoan and the head of Italy's state fund Cassa Depositi e Prestiti Fabio Gallia to take part in an event at Italy's Treasury in Rome- 1000 GMT. SEOUL- Britain's Chancellor of the Exchequer will meet South Korean Deputy Prime Minister for Economic Affairs Yoo Il-ho, South Korean Foreign...

  • *Budapest stocks at record high, Bucharest a three-month high. BUDAPEST/ BUCHAREST, Dec 14- Central European assets gained on Wednesday, with Budapest stocks reaching a record high, on optimism the Federal Reserve will not signal U.S. interest rates are going to rise higher and faster than is now expected. Investors waiting for the Fed's comments shrugged off...

  • *Bond yields retreat, post-election Romania a laggard. BUDAPEST, Dec 13- Central European government bonds rebounded on Tuesday as crude oil prices offered relief to debt markets, although Romanian bonds remained under pressure after leftists won a parliamentary election on the weekend. Poland's 10- year bond yield dropped 5 basis points to 3.58 percent by...

  • BUDAPEST, Dec 12- Romania's leu eased while other Central European currencies firmed on Monday while Bucharest stocks rose after the leftist Social Democrats won a parliamentary election there on Sunday. Hungary's forint firmed 0.2 percent and the Polish zloty was steady. Budapest and Prague were rangebound and Warsaw's bluechip index continued to...

  • BUDAPEST/ BUCHAREST, Dec 9- Investor caution about the outcome of Romania's parliamentary election on Sunday kept leu-denominated government bonds weaker than their Central European peers on Friday. Bonds were still recovering from the European Central Bank's surprise decisions on Thursday to extend its asset purchases until end-2017 but slow the pace...

  • *Polish 10- yr yield rises, Hungary's flat after strong auction. BUDAPEST/ WARSAW, Dec 8- Central European currencies and long-dated government bonds eased on Thursday after the European Central Bank said it would cut its monthly asset purchases from April but extend the bond buying until the end of 2017. Hungary's corresponding yield was flat on the day, but rose...

  • LONDON, Dec 8- Emerging market stocks climbed the most in a month on Thursday, as Russia's approval of the sale of a 10.5 billion euro stake in its largest oil firm sent Moscow shares to a record high and forecast-beating Chinese trade data lifted the mood. The European Central Bank was also expected to extend its already generous 1.5 trillion euro stimulus...

  • *Most assets pause before ECB meet, Hungary holds bond auction. UniCredit will sell a 33 percent stake in Poland's second biggest bank Pekao to two Polish state entities including insurer PZU for $2.6 billion. Poland is following in the footsteps of Hungary, also a former communist member of the European Union, where Prime Minister Viktor Orban's government has...

  • BUDAPEST/ WARSAW, Dec 6- Poland led a rise in Central European assets on Tuesday, benefiting from a rating outlook upgrade by Standard& Poor's as the region's markets attracted buyers on expectations of more monetary stimulus in the euro zone. European Central Bank bond purchases have fuelled demand for eastern European sovereign debt, and the Bank is expected...

  • *Hungary's output, Czech retail sales below expectations. BUDAPEST, Dec 6- Warsaw stocks hit a three-month high on Tuesday in the wake of Standard& Poor's outlook upgrade on Polish debt, while Central European assets mostly moved sideways. Warsaw's blue-chip equities index rose 1.1 percent Polish 10- year yields dropped six basis points to 3.69 percent, while...

  • *Polish bonds rebound, Warsaw leads regional equities rise. BUDAPEST/ WARSAW, Dec 5- Poland's surprise credit rating outlook upgrade from Standard& Poor's helped central European assets to shrug off the impact of Italian Prime Minister Matteo Renzi's fall on Monday. Political uncertainty grew in the European Union as Renzi confirmed that he would resign after...

  • One lucky pedestrian saved by a pole

    A car heads straight for a pedestrian, but hits a pole instead.

  • *Poland and Ukraine to take joint actions to oppose the plan. WARSAW, Dec 2- Poland and Ukraine plan to act jointly to block projects that could result in Russia's Gazprom gaining greater access to the European gas market by bypassing Ukraine, Ukrainian President Petro Poroshenko said on Friday. Ukraine has not bought gas from Russia for about a year due to a...

  • WARSAW, Dec 2- The European Union might fill a void in global trade left by the United States if the world's biggest economy becomes more inward-looking with Donald Trump as president, EU Trade Commissioner Cecilia Malmstrom said on Friday. "I think the EU has a possibility to fill the void," she told a congress of the Alliance of Liberals and Democrats for Europe...

  • BUDAPEST/ WARSAW, Dec 2- The zloty hit a 5- month low due to fears that Standard& Poor's may downgrade Poland's debt rating, while long-dated government bonds remained under pressure in Central Europe. S&P is expected to review Poland's debt rating late on Friday. Its' BBB+' rating is on negative outlook and a rise in government spending may put further pressure on...

  • *Czech PMI lower, Polish higher than seen, Hungary still robust. BUDAPEST, Dec 1- Poland's zloty and Hungary's forint fell to their weakest levels for months on Thursday as risk aversion gripped global markets and some investors expressed concern that Standard& Poor's could downgrade Poland at the end of the week. Investors bought the dollar instead of assets in...

  • *Czech PMI lower, Polish higher than seen, Hungary still robust. Poland's 10- year yield rose 6 basis points to 3.7 percent. Poland's Purchasing Managers' Index was a higher-than-expected 51.9 in November, while the Czech index at 52.2 was lower than expected but still indicated growth.

  • WARSAW, Nov 30- The final death toll of an earth tremor causing rockfalls deep underground in Europe's largest copper mine in southwestern Poland rose to eight miners, the mine's operator KGHM said on Wednesday. The tremor hit the Rudna copper mine at 2009 GMT on Tuesday, KGHM said, causing extensive damage, but the mine remained mostly open. Thus, the outcome of this...

  • WARSAW, Nov 29- Rescuers were searching for three missing miners in southwestern Poland on Wednesday after an earth tremor caused rockfalls deep underground in Europe's largest copper mine, killing five, the mine's operator KGHM said. The tremor hit the Rudna copper mine at 2009 GMT on Tuesday, KGHM said, causing extensive damage, but the mine remained mostly...

  • BUDAPEST/ WARSAW, Nov 30- The zloty eased on Wednesday, while other Central European assets were mixed, after a downward revision to Poland's economic growth forecasts for 2016. Finance Minister Mateusz Morawiecki said the economy could grow by 2.5-3 percent this year, cutting a previous forecast of 3.4 percent. Preliminary third-quarter economic output...