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Europe Top News and Analysis Poland

  • Istanbul's Arasta Bazaar

    South-Eastern Europe could throw up some surprises to the downside, Peter Attard Montalto, emerging market economist at Nomura, told CNBC on Thursday.

  • Norwegian flag

    Now that the European Central Bank has tamped down disaster fears, a few currencies are poised to shine.

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    The euro stays weak, the yen gets a lift, and Poland makes a move - it's time for your year-end FX Fix.

  • Strand East

    IKEA is going into the business of selling walls, floors and roofs, in addition to furniture, housewares and rugs. The international home-goods retail monolith recently announced plans to build an entire neighborhood in Stratford, East London.

  • Skinny homes are built for any number of reasons. It could be space constrictions, tax or code restrictions, the creative muse, or even for the vengeful-minded to grind an axe with a family member.What does it mean to say a house is skinny? You know you’re in one if you can stand in the center of the room and touch opposing walls. Alas, many New Yorkers can identify (and the following homes are all in cities where space is at a premium).  But the Dutch may be more familiar with the phenomenon. T

    Skinny homes are built for any number of reasons. Click to view some slim pickings from across the world.

  • Budapest, Hungary

    Hungary's decision to help its citizens pay back the foreign exchange loans they took at the height of the economic boom a few years back has sparked outrage among banks and spooked foreign investors.

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    Hungary's government is taking steps to pull the country out of the difficult economic conditions it still faces but needs to ensure predictability, Eleni Tsakopoulos Kounalakis, US Ambassador to Hungary, told CNBC.com.

  • Hungary

    Since it was elected last year, Hungary's government has aggressively aimed to cut the country's debt burden, through raising taxes and nationalizing private pension assets, amongst other measures.

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    I've been to three European countries in three days and have not seen one newspaper headline on Greece, or the debt crisis. In fact, the topic when raised elicits yawns.

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    Fear of another downturn in the world economy lurks behind the smiles and relaxed atmosphere; the Czech Republic is heavily reliant on exports to the euro zone, especially Germany, for its economic growth.

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    Martin Tlapa, Deputy Minister, Ministry of Industry and Trade of the Czech Republic told CNBC.com in an interview in Prague that the "safe haven" label looks rather scary for a small, open economy that needs a stable exchange rate to function properly.

  • A tramway pass in the center of Warsaw on June 8, 2011. Poland and Ukraine will co-host the 2012 European Football Championship.

    Analysts are skeptical now that the euro would be such a good idea, even if ordinary Poles are still optimistic.

  • Warsaw's Castle Square

    Some analysts have dubbed Central and Eastern Europe a safe haven – due to relatively low risk, because the countries have reformed, and relatively high yields, as they are still seen as emerging markets – but the risks are increasing.

  • A tramway pass in the center of Warsaw on June 8, 2011. Poland and Ukraine will co-host the 2012 European Football Championship.

    Analysts are skeptical now that the euro would be such a good idea, even if ordinary Poles are still optimistic.

  • Strong Investor Base in Poland: Asset Manager

    "I think Poland is still quite an exciting market. First of all, because there is a very strong local investor base, and the pension and investment funds represent over $100 billion in assets," Greg Konieczny, investment manager at Franklin Templeton, told CNBC.

  • Zloty Boost Punishes Speculators: Economist

    Mateusz Szczurek, CEE chief economist at ING, told CNBC that the Polish central bank had justified its decision to prop-up the zloty on the grounds that it needed to "punish speculators".

  • UNSPECIFIED - FEBRUARY 07: Cathedral in a city, St. Martin's Cathedral, Bratislava, Slovakia (Photo by DEA / W.BUSS/De Agostini/Getty Images)

    Slovakia is now, together with the Czech Republic, considered a  relative safe haven, more so than many other countries, both in Central and Eastern Europe and in the euro zone.

  • Castle Square in Warsaw old town, 30th July 2010. (Photo by Luis Davilla/Cover/Getty Images)

    Poland faces parliamentary elections on Oct. 9, but any new government will have to show restraint in spending public money, analysts said.

  • A logo of Hungarian Natianal Bank (Magyar Nemzeti Bank, MNB) is seen on the wall of the MNB's headquarter in Budapest on July 19, 2010. Fruitless talks with the International Monetary Fund on access to a crucial loan package put pressure on the Hungarian forint, with analysts warning of further uncertainty in coming months. Economy Minister Gyorgy Matolcsy insisted however that the "talks did not break down but they have been suspended. AFP PHOTO / ATTILA KISBENEDEK (Photo credit should read ATT

    Hungary's government has raised a lot of eyebrows among investors since it came to power in May 2010.

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    With the Swiss National Bank setting a ceiling for the Swiss franc's appreciation against the euro, the need for new safe havens has become acute, and the Czech Republic, with its strong economy and stable currency, is emerging as a contender.