Central & Eastern Europe

Capital Flees In Fear Of Political Uncertainty   By Kim Iskyan   The specter of presidential elections in March 2012 has resulted in a sharp increase in capital outflows.   Russian heavy vehicle market returns The specter of presidential elections ...

Enjoying The Good Times   By Justin Keay     Turkey is enjoying unprecedented economic stability and growth. Its biggest challenge is to maintain its balance.     These days in most developed economies, the release of GDP figures is ...

EMERGING MARKETS INVESTOR: NEWS   By Gordon Platt   Higher oil prices, and the fact that Russia is the world’s largest oil producer outside the turbulent Middle East and North Africa region, have kept fresh money flowing into Russian equity ...

FOCUS: CEE KAZAKHSTAN   By Jonathan Gregson   Kazakhstan’s bold recovery plan and its efforts to stabilize its financial sector are paying off as the country establishes itself as a regional hub.   If any country fits the broad concept ...

FOCUS: CEE ECONOMIC INDEPENDENCE   By Vanessa Drucker   Europe’s continuing sovereign debt crisis has left many non-members of the eurozone relishing their monetary independence.     The eurozone debt crisis has taken a toll on financial markets worldwide, rattling investors’ ...

Global Finance Announces Best Banks by Region 2011 NEW YORK, April 8, 2011 – Global Finance magazine has announced its annual awards for the World’s Best Banks in Developed and Emerging Markets. For the first time, the selections will be ...

CENTRAL & EASTERN EUROPE: COMMODITIES CRUNCH   By Jonathan Gregson   Soaring commodities prices are changing the economic balance of Central & Eastern Europe and Central Asia.   Faltering growth in some of the world’s biggest economies may be grabbing ...

MILESTONES: RUSSIA   By Kim Iskyan   A handful of impressive high-profile deals, coupled with signs that restrictions on foreign investment in Russia’s natural resources sector may soon be relaxed, suggest the Russian government may be dropping its long-standing resistance ...

CENTRAL BANK RESPONDS TO PUBLIC ANGER OVER RISING PRICES   By Kim Iskyan   Inflation in Russia hit 9.6% at the end of February—nearly double the rate posted in summer 2010—the country’s central bank finally responded, raising base interest rates ...

Global Finance names the World's Best Emerging Market Banks 2011 in Central & Eastern Europe NEW YORK, March 24, 2011 — Global Finance magazine has named the “Best Emerging Market Banks in Central & Eastern Europe” in an exclusive survey ...

ROUNDUP:  RUSSIA   By Kim Iskyan   In mid-January, Russia’s key national oil company, Rosneft, and BP sealed a deal to swap shares and to jointly develop major oil fields in the Arctic.   Falling: Siberian oil output Under the ...

NEWSMAKERS: POLAND   By Jonathan Gregson   Not only does Poland stand alone within the European Union in having delivered GDP growth through every quarter since 2008, but its intrinsically conservative banking system survived the crisis well.   Jagiełło: Looking ...

  ROUNDUP: RUSSIA   By Kim Iskyan   The US Senate in late December ratified the New START treaty, which calls for reductions in nuclear arms by both Russia and the US.   Obama in New START with Russia The ...

MILESTONES: RUSSIA   By Laurence Neville   Russia spent much of 2010 in the doldrums.   Russia: Poised for significant growth While its fellow BRICs—Brazil, India and China—stormed ahead, Russia lagged behind. The causes of its lethargy were varied, but ...

NEWSMAKERS: EUROPE   By Justin Keay   Piebalgs: Pressing Europeans to give more Spare a thought for Andris Piebalgs, the EU's development commissioner. At a time when politicians across Europe are telling people to tighten their belts during the toughest ...

EMERGING MARKET INVESTOR: NEWS   By Gordon Platt   Faced with a widening budget deficit in the wake of its economic stimulus program, Russia is rolling out the red carpet to foreign investors with a $39 billion privatization program. The ...

MILESTONES: UNITED STATES/CHINA   By Gordon Platt   Tired: Trade spat rolls on The fallout from the World Trade Organization's ruling last month that the US was within its rights in imposing import tariffs of up to 35% on Chinese ...

ROUNDUP: RUSSIA   By Kim Iskyan   World Cup fever in Russia Global football organization FIFA awarded Russia the right to host the World Cup tournament in 2018, triggering jubilation throughout the country. The Russian government estimated that building 13 ...

UPDATE: SEPA   By Anita Hawser   Proponents of the Single Euro Payments Area are considering stringent measures to encourage companies to hop on board.   As eurozone countries busy themselves implementing liquidity measures designed to calm market fears about ...

Global Finance ranks the 10 Biggest Banks in Central & Eastern Europe NEW YORK, December 6, 2010 — As the world’s key emerging markets continue to drive the global economy out of recession, Global Finance unveils its third annual Global ...