Central & Eastern Europe

Roundup   By Kim Iskyan   In a jam: Economic crisis hit Russia’s car market hard In late February prime minister Vladimir Putin rebuked four Russian oligarchs with significant investments in the country’s power sector for not following through on ...

Europe   By Justin Keay   Schäuble: Europe should be able to save itself Growing concern over the indebtedness and burgeoning fiscal deficits of some European countries has led Germany’s finance minister, Wolfgang Schäuble, to propose the establishment of a ...

Global Finance names the 2010 World's Best Emerging Market Banks in Central and Eastern Europe   NEW YORK, March 23, 2010 — Global Finance magazine (www.gfmag.com) has named the "Best Emerging Market Banks in Central & Eastern Europe" in an ...

Europe   By Justin Keay   Torres: Green and digital technologies may fill growth gap With the most serious global recession since the 1930s slowly coming to an end, European policymakers are now focusing on the post-crisis landscape. The view ...

Europe   By Laurence Neville   Drying up? Investors may shun European IPOs After months of increasing excitement among equity capital market (ECM) bankers about the prospects of a bumper first quarter of IPO issuance in Europe in 2010, events ...

  Roundup   By Kim Iskyan   Medvedev : Budget focuses on short-term measures The long-anticipated IPO of Russian aluminum producer Rusal was delayed until the first half of 2010 after the Hong Kong stock exchange declined to approve the ...

EMERGING MARKETS FOCUS: CENTRAL & EASTERN EUROPE   For most Central and Eastern European countries, 2009 turned out to be every bit as bad as expected. The region’s prospects for the coming year are mixed, at best.   By Justin ...

Lebanon/Syria/Turkey   By Nick Kochan   Yilmaz: Turkish banks were ready for leverage crisis The evolution of Turkey’s role in the Middle East and beyond was clearly on display at a late-October risk management conference in Beirut. The guest speaker ...

Russia   By Kim Iskyan   Heavy burden: Deripaska’s empire is weighed down with debt Oleg Deripaska’s plans to float Rusal, the world’s largest aluminum company, in a December IPO are facing serious turbulence. The company, according to some metals ...

Roundup   By Kim Iskyan   Avtovaz: Struggling to survive in market downturn Russian government officials have sounded increasingly optimistic notes about the country’s macroeconomic situation, as strong oil prices are likely to result in a lower budget deficit than ...

Roundup   By Kim Iskyan   Beating the booze: President Medvedev takes aim at alcoholism In early October Norway’s Telenor and Russian investment vehicle Alfa Group announced an agreement to merge VimpelCom and Kyivstar, their jointly controlled Russian and Ukrainian ...

Hungary   By Justin Keay   Bajnai: Credited with pulling Hungary back from the brink Its economy could contract by 6.7% this year and 0.9% in 2010, foreign debt is at record levels and the public mood very sour, but ...

Russia   By Kim Iskyan   United front: Putin and Medvedev stand together Outside of Hollywood, there are few relationships that are watched more closely than that between Russian prime minister Vladimir Putin and his protégé—and boss, theoretically— president Dmitry ...

Global Finance ranks the Biggest Emerging Market Banks by Region. NEW YORK, October 16, 2009 — As the world’s key emerging markets continue to drive the global economy out of recession, Global Finance unveils its second annual Global Finance 200, ...

DYNAMIC GROWTH POTENTIAL     Turkey’s leaders have been actively promoting inward investment—with resounding successful results.   By Gordon Platt   Turkey is rolling out the red carpet for foreign investors, hoping to capitalize on its considerable growth potential once the ...

      By Gordon Platt Contributing Writer gplatt@gfmag.com     With a motivation for continuing reforms and a strong banking system, Turkey is well positioned to take advantage of the global economic recovery. Its strategic location and the security ...

Roundup   By Kim Iskyan   Workers survey the damage after August’s hydropower dam disaster The Russian economy continued to show signs that it was coming out of recession, as GDP posted growth of 0.5% compared with June on a ...

  LEADING THE WAY   At the presidential palace in Ankara on July 21, Turkey’s president, Abdullah Gul, met with Global Finance for a wide-ranging interview covering Turkey’s role in the global economy and its international relations.   Global Finance: ...

WAITING IN THE WINGS   Egemen Bagis, chief negotiator, says the country’s reform efforts will pay off and admits that Turkey has made some mistakes in the past.   By Gordon Platt   Turkey somberly marked the 50th anniversary in ...

Turkish Banking   Turkey has a robust banking system that is ready to support the country’s economic growth.   By Gordon Platt   Tansan: “Turkey’s banks are the best in the world in terms of the strength of their capital ...