Finance

Ratings

Ukraine credit rating may be raised by Moody’s, S&P on growth

Ukraine's credit ratings may be lifted this year by international credit agencies including Moody's Investors Service and Standard & Poor's...

Banking

Romanian budget gap widens on spending for EU entry

Romania's state budget deficit widened to 1.7% of GDP last year from 0.8% in 2005 as spending increased before the...

MNB

Russian foreign currency reserves rise to record $304.6 bln

Russia's foreign currency and gold reserves rose for a third week to a record, boosted by revenue from oil sales,...

MNB

Croatia starts accepting bids for HRK 2.5 bln 10-year bonds

Croatia began accepting bids for the sale of 10-year bonds worth 2.5 bln kuna ($441.8 mln), Erste&Steiermaerkische Bank d.d. Rijeka,...

MNB

Home lending rates rise, consumer loan rates fall in December

The average lending rate for home loans rose 19bp in December 2006 to 9.80%, while the average rate for consumer...

MNB

Czech Finance Ministry increases 2007 growth forecast to 5%

The Czech Finance Ministry raised its forecast for economic growth this year to 5% as it expects household spending to...

Banking

Hungarian companies and workers agree on 2007 wage increases – extended

Hungarian trade unions and corporate leaders today reached an agreement on this year's wage increases, one day before the deadline...

MNB

Polish economy grew 5.8% in 2006, fastest in 9 years – extended

Poland's economy expanded in 2006 at the fastest annual pace in nine years as buoyant exports encouraged companies to step...

Banking

No more spending cuts in 2007, says FinMin

There is no need for any further austerity measures in 2007 and the government has no plans to introduce further...

Banking

Germany will raise 2007 growth forecast to 1.7%

The German government will raise its forecast for economic growth this year to 1.7% on expectations that employment will increase,...

Banking

Hungarian companies and workers fail to reach wage agreement

Hungarian trade unions and corporate leaders failed today to reach an agreement on this year's wage increases, leaving just five...

MNB

BMW Finance to sell $300 mln of 5-Year bonds

BMW Finance, a unit of Bayerische Motoren Werke AG, the world's largest maker of luxury cars, plans to sell bonds,...

MNB

Gold climbs to highest in almost three weeks as dollar declines

Gold prices in New York climbed to the highest in almost three weeks as a declining dollar spurred demand for...

MNB

HVB Bank Hungary to be rebranded Unicredit Bank

HVB Bank Hungary will rename itself Unicredit Bank from February, as part of a regional branding resulting from the takeover...

Ratings

Hungary’s move toward budget consolidation irreversible

Speaking at S&P's annual seminar, Moritz Kraemer noted that the previous convergence of the CEE region has come to a...

Ratings

Ukraine credit rating may be raised by Moody’s, S&P on growth

Ukraine's credit ratings may be lifted this year by international credit agencies including Moody's Investors Service and Standard & Poor's...

Banking

Romanian budget gap widens on spending for EU entry

Romania's state budget deficit widened to 1.7% of GDP last year from 0.8% in 2005 as spending increased before the...

MNB

Russian foreign currency reserves rise to record $304.6 bln

Russia's foreign currency and gold reserves rose for a third week to a record, boosted by revenue from oil sales,...

MNB

Croatia starts accepting bids for HRK 2.5 bln 10-year bonds

Croatia began accepting bids for the sale of 10-year bonds worth 2.5 bln kuna ($441.8 mln), Erste&Steiermaerkische Bank d.d. Rijeka,...

MNB

Home lending rates rise, consumer loan rates fall in December

The average lending rate for home loans rose 19bp in December 2006 to 9.80%, while the average rate for consumer...

MNB

Czech Finance Ministry increases 2007 growth forecast to 5%

The Czech Finance Ministry raised its forecast for economic growth this year to 5% as it expects household spending to...

Banking

Hungarian companies and workers agree on 2007 wage increases – extended

Hungarian trade unions and corporate leaders today reached an agreement on this year's wage increases, one day before the deadline...

MNB

Polish economy grew 5.8% in 2006, fastest in 9 years – extended

Poland's economy expanded in 2006 at the fastest annual pace in nine years as buoyant exports encouraged companies to step...

Banking

No more spending cuts in 2007, says FinMin

There is no need for any further austerity measures in 2007 and the government has no plans to introduce further...

Banking

Germany will raise 2007 growth forecast to 1.7%

The German government will raise its forecast for economic growth this year to 1.7% on expectations that employment will increase,...

Banking

Hungarian companies and workers fail to reach wage agreement

Hungarian trade unions and corporate leaders failed today to reach an agreement on this year's wage increases, leaving just five...

MNB

BMW Finance to sell $300 mln of 5-Year bonds

BMW Finance, a unit of Bayerische Motoren Werke AG, the world's largest maker of luxury cars, plans to sell bonds,...

MNB

Gold climbs to highest in almost three weeks as dollar declines

Gold prices in New York climbed to the highest in almost three weeks as a declining dollar spurred demand for...

MNB

HVB Bank Hungary to be rebranded Unicredit Bank

HVB Bank Hungary will rename itself Unicredit Bank from February, as part of a regional branding resulting from the takeover...

Ratings

Hungary’s move toward budget consolidation irreversible

Speaking at S&P's annual seminar, Moritz Kraemer noted that the previous convergence of the CEE region has come to a...

Ukraine credit rating may be raised by Moody’s, S&P on growth

Ukraine's credit ratings may be lifted this year by international credit agencies including Moody's Investors Service and Standard & Poor's...

Romanian budget gap widens on spending for EU entry

Romania's state budget deficit widened to 1.7% of GDP last year from 0.8% in 2005 as spending increased before the...

Russian foreign currency reserves rise to record $304.6 bln

Russia's foreign currency and gold reserves rose for a third week to a record, boosted by revenue from oil sales,...

Croatia starts accepting bids for HRK 2.5 bln 10-year bonds

Croatia began accepting bids for the sale of 10-year bonds worth 2.5 bln kuna ($441.8 mln), Erste&Steiermaerkische Bank d.d. Rijeka,...

Home lending rates rise, consumer loan rates fall in December

The average lending rate for home loans rose 19bp in December 2006 to 9.80%, while the average rate for consumer...

Czech Finance Ministry increases 2007 growth forecast to 5%

The Czech Finance Ministry raised its forecast for economic growth this year to 5% as it expects household spending to...

Hungarian companies and workers agree on 2007 wage increases – extended

Hungarian trade unions and corporate leaders today reached an agreement on this year's wage increases, one day before the deadline...

Polish economy grew 5.8% in 2006, fastest in 9 years – extended

Poland's economy expanded in 2006 at the fastest annual pace in nine years as buoyant exports encouraged companies to step...

No more spending cuts in 2007, says FinMin

There is no need for any further austerity measures in 2007 and the government has no plans to introduce further...

Germany will raise 2007 growth forecast to 1.7%

The German government will raise its forecast for economic growth this year to 1.7% on expectations that employment will increase,...

Hungarian companies and workers fail to reach wage agreement

Hungarian trade unions and corporate leaders failed today to reach an agreement on this year's wage increases, leaving just five...

BMW Finance to sell $300 mln of 5-Year bonds

BMW Finance, a unit of Bayerische Motoren Werke AG, the world's largest maker of luxury cars, plans to sell bonds,...

Gold climbs to highest in almost three weeks as dollar declines

Gold prices in New York climbed to the highest in almost three weeks as a declining dollar spurred demand for...

HVB Bank Hungary to be rebranded Unicredit Bank

HVB Bank Hungary will rename itself Unicredit Bank from February, as part of a regional branding resulting from the takeover...

Hungary’s move toward budget consolidation irreversible

Speaking at S&P's annual seminar, Moritz Kraemer noted that the previous convergence of the CEE region has come to a...