26Oct2015

DTEK, Ukraine’s largest private coal and power producer, won a bid to buy a 45% stake in power producer and distributor PAT Krymenergo. Ukraine’s state property fund sold the stake in Krymenergo to DTEK for…

Read More
26Oct2015

Ukraine’s debt, including state guarantees, increased 0,4 percent in January 2012, the Finance Ministry said. Debt grew to $59,48 billion as of Jan. 31 from $59,22 billion a month earlier, the ministry said today in…

Read More
26Oct2015

Bulgarian managers have rated the year ending as the year of deepening crisis. 71 per cent out of 500 polled have shared the opinion that 2011 was worse than 2010. The picture that emerges from…

Read More
26Oct2015

Economic growth in third quarter 2011 exceeded expectations of Bulgarian national statistics institute. GDP in 2Q compared to 2Q 2011 increased by 0.3 per cent and 1.6 per cent year-on-year growth or 0.3 percentage point…

Read More
26Oct2015

The inflation rate in October 2011 amounted to 0.1% after high amount of grain and vegetable crops that helped ease food prices. According to the State Statistics Committee annual inflation decreased to 5.4% in October…

Read More
26Oct2015

Eastern European countries were very vulnerable in 2008 due to very large current account deficits and Romania was no exception to it. These have sharply narrowed due to the decrease in trade deficit and the…

Read More
26Oct2015

European Commission’s report titled “Fiscal Reforms in Member states 2011” states that fiscal risk reflects present and estimated funding needs. Romania’s fiscal risk is fairly close to the EU average. The fiscal risk indicator takes…

Read More
26Oct2015

Romanian Transport Ministry announced that European commission has granted EUR 724 million non-reimbursable funds to Romania for building two highways by 2013. Nadlac-Arad highway and Orastie-Sibiu highway are going to be part of Pan-European transport…

Read More
26Oct2015

According to the statement of Ukraine’s central bank published on its website Ukraine’s economy expanded by 7.5 % in August 2011. The growth was triggered by good harvest, industrial production and domestic demand. The bank…

Read More
26Oct2015

Erste Group Bank may soon have to boost the capital of its Romanian unit, Banca Comerciala Romana SA, as the country’s banks are squeezed by bad debts and adverse economic conditions. Romania has the third-largest…

Read More