Central & Eastern Europe

NEWSMAKERS: COSTA RICA   By Dan Keeler   With the ink still wet on a Moody's rating upgrade from Ba1 to Baa3 investment grade, Costa Rica has revealed it is considering a bond issue in the near future. José Rossi, ...

Roundup   By Kim Iskyan   Friendly neighbor: Russia’s influence in Ukraine will grow after Viktor Yanukovych won the recent presidential election Russia's finance ministry hired a team of investment banks to help it prepare for the country's first eurobond ...

STAYING THE COURSE   By Gordon Platt   Turkey has bounced back from a sharp economic contraction to become one of the region’s best performers. Its prospects are brighter than ever.   Turkey's constitutional referendum last month gave a boost ...

EM REGIONAL BANKING FOCUS: CENTRAL & EASTERN EUROPE   By Jonathan Gregson   Hit hard during the financial crisis, Central and Eastern Europe's banking sector is still fragile and vulnerable to external shocks.     During the boom times of ...

POST-CRISIS MANAGEMENT   The European Bank for Reconstruction and Development has found new relevance—and a key role—in the aftermath of the financial crisis.   By Justin Keay   Aside maybe from Goldman Sachs and J.P. Morgan, few banks have emerged ...

ROUNDUP   By Kim Iskyan   Inflation has in recent weeks climbed rapidly up the macroeconomic agenda in Russia, as the summer's wildfires and drought throughout the country decimated grain crops and triggered sharp price hikes. Inflation has long been ...

ROUNDUP   By Kim Iskyan   Smoke signal: Moscow suffers as wildfires rage In response to a severe drought that could destroy as much as a third of Russia’s grain harvest, and following a spike in grain prices in July, ...

Global Finance names the World's Safest Banks 2010 in Central & Eastern Europe   NEW YORK, August 30, 2010 — Global Finance magazine (www.gfmag.com) has named the top 5 "Safest Banks in Central & Eastern Europe" in an exclusive survey ...

Global Finance names the World's Best Internet Banks in Central & Eastern Europe 2010 NEW YORK, July 26, 2010 – Global Finance has announced the First Round winners in the "World's Best Internet Banks" competition in Central & Eastern Europe. ...

ROUNDUP   By Kim Iskyan   Lighting up: Russia launches bid to become financial center In mid-June at the St. Petersburg International Economic Forum, Russia’s answer to Davos, Russian president Dmitry Medvedev continued to pitch his modernization campaign, which is ...

Country Report: Poland   By Justin Keay   Having weathered the recent global crisis better than almost any other European country, Poland is laying the foundation for a sustainable long-term recovery.     Poland's tumultuous history has made it no ...

COVER STORY: AFTER THE BAILOUT   The turmoil in Greece and the subsequent rout of the euro have rattled global markets and caused a renewed bout of hand-wringing over the stability of the global economy. Some believe the developed markets ...

MILESTONES: RUSSIA Russia Taps Global Markets For First Time in 12 Years   By Kim Iskyan   Moscow calling: Russia tests investor sentiment Russia tapped global fixed-income markets in late April in a highly anticipated issue divided into a $2 billion ...

NEWSMAKERS: MONTENEGRO   Montenegro Aims To Be The Next Mediterranean Tiger   By Justin Keay   Luksic: Reforms should help attract investors Most small European countries are still suffering in the wake of the recent downturn, with foreign direct investment (FDI) ...

Roundup   By Kim Iskyan   Shuvalov: Russia is revising its plan to join WTO During a late April trip to Washington, DC, first deputy prime minister Igor Shuvalov said that Russia would abandon its plan to try to join ...

Roundup   By Kim Iskyan   Moscow metro bombings provoke renewed security fears Two suicide bombings in the Moscow metro in late March that killed more than 40 people renewed fears about the terrorist threat in Russia's population centers. The ...

EUROPE   By Paula L. Green   REGIONAL WINNER: RZB/Raiffeisen International Austria-based RZB/Raiffeisen International bags the regional award for the fourth year in a row after managing to turn in a creditable performance despite atrocious market conditions. With a 1.7% ...

BACK FROM THE BRINK   Emerging European economies are starting to recover from a steep and painful slowdown.   By Justin Keay   For those of an anxious disposition, emerging Europe last year was an uncomfortable place, with the risk ...

ECONOMY BOUNCES BACK   A surge of growth late last year has accelerated in 2010, and there are reasons to believe the rebound can be sustained.   By Gordon Platt   Turkey is on a winning streak. In March this ...

Russia   By Simon Watkins   Shuvalov: Grand designs for Russia’s currency While the rest of the world focuses on the future of the dollar and the euro—and perhaps the renminbi—Russia is hatching a plan that could markedly alter the ...