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  • Kosovo Exports Plunge in Economic Crisis 25 Nov 2009 09:30 GMT
    ... Exports from Kosovo have dropped by 40 per cent in ... according to new figures released by the central bank. Representatives of Kosovo’s business community have ... embargo imposed on Kosovo by Serbia and Bosnia and Herzegovina since December 2008. Following the ...

  • Croatia - Factors to Watch on November 25 25 Nov 2009 09:36 GMT
    ... ZAGREB, Nov 25 (Reuters) - Following are the main news stories, ... and events to watch which may affect Croatia's financial markets on Wednesday. CROATIA, BOSNIA AGREE ... to the Adriatic coast by cruise ships. Central Bank Governor Zeljko Rohatinski said the use ...

  • Sofia Court Halts Notorious Bulgaria Energy Tycoon Trial 25 Nov 2009 10:16 GMT
    ... Sofia Court Halts Notorious Bulgaria Energy Tycoon Trial Bulgaria's ... diverse business interests, ranging from manufacturing to banking and from energy to retail. He owns ... one of the richest men in the Balkans, Kovachki has denied any wrongdoing. ...

  • Kuwait Chamber of Commerce delegation meets Bosnian Chamber of Foriegn Trade 25 Nov 2009 07:11 GMT
    ... delegation met on Tuesday evening here with Bosnian Businessmen and with members of the Bosnia-Herzegovinan ... Al-Banwan, Bobyan Bank Chairman and representative of Banks Union Ibrahim Al-Qadhi, and KCCI acting Director General ...

  • Bulgaria Hotel Owners Set up Own Bank 25 Nov 2009 10:33 GMT
    ... Bulgaria Hotel Owners Set up Own Bank The ... two per cent lower than the commercial banks. Ragin believes that those reluctant to join and ...

  • EMERGING MARKETS-Up after Fed report; rouble eases 25 Nov 2009 11:51 GMT
    ... World stocks were higher after the U.S. central bank in the minutes of its latest meeting ... Siegenthaler. Siegenthaler said talk by emerging central banks about steps to cap currency strength is weighing on ... rate cut and comments from a central banker and the finance minister. Tuesday's rate cut ...

  • Chief of I.M.F. Urges Continued Stimulus Efforts 25 Nov 2009 00:10 GMT
    ... retention of state support like aid for banks and automakers and tax breaks for consumers. The ... in the region - like Ukraine, Latvia, Romania and Serbia - still face “challenges,” he said. After the ...

  • Apoel v Atletico Madrid preview 25 Nov 2009 11:50 GMT
    ... A place in the Europa League is at stake ... goals from Nenad Mirosavljevic and Nectarios Alexandrou. Albania international Altin Haxhi will miss out after ... the bench. The Cypriot champions will be banking on maintaining their impress home form having ...

  • Curtains for the buck 25 Nov 2009 02:11 GMT
    ... bugaboo were quickly found Colombia; Panama; Serbia; Iraq; Afghanistan. These don't have the scare ... The evidence for this is that taxpayer-subsidized banks are profitable; Wall Street is staggering along; and ...

  • Liverpool exit as Arsenal cruise through 25 Nov 2009 06:53 GMT
    ... Unirea Urziceni's 1-0 victory over Sevilla in Romania, left Walter Smith's men without any hope ... weeks over what he sees as the banks controlling his side's pursestrings, conceded that losing all ...

  • Liverpool crash out of Champions League 25 Nov 2009 07:11 GMT
    ... Unirea Urziceni's 1-0 victory over Sevilla in Romania, left Walter Smith's men without any hope ... weeks over what he sees as the banks controlling his side's pursestrings, conceded that losing all ...

  • Bulgaria foreign debt growth slows to 0.6 pct y/y 24 Nov 2009 13:15 GMT
    ... billion) at the end of September as banks curbed lending, central bank data showed on Tuesday. The external ... on the month, the data showed. The Balkan country paid a total of 5.1 billion ...

  • Croatia - Factors to Watch on November 23 24 Nov 2009 09:03 GMT
    ... operator T-HT CEO Ivan Mudrinic said. SIX BANKS MAY NEED HELP IN 2010 According to a weekly report ... even worse than 2009 for the entire banking sector. Banks are likely to face more ... are currently unable to meet the new central bank requirement of 12 percent capital adequacy ...

  • UPDATE 1-Kosovo expects EBRD membership boost by early 2010 24 Nov 2009 13:53 GMT
    ... LONDON, Nov 24 (Reuters) - Kosovo expects to get full membership ... of next year, boosting inflows of capital, Central Bank Governor Hashim Rexhepi said on Tuesday. ... percent economic growth.' Kosovo declared independence from Serbia in 2008 and joined the International Monetary ...

  • INDICATORS - Bulgaria - Updated Nov 24 24 Nov 2009 14:14 GMT
    ... bln levs 17.78 16.32 13.96 66.73 18.61 BULGARIAN CONSUMER PRICES OCT/09 SEPT/09 OCT/08 m/m pct ... PUBLIC FOREIGN DEBT 2,768.9 2,764.0 2,729.0 COMMERCIAL BANKS DEBT 8,137.7 7,968.1 8,948.0 PUBLIC AND PRIVATE CORPORATE DEBT ... levs per euro from July 5, 1999 CENTRAL BANK DAILY LEV/DOLLAR REFERENCE EXCHANGE RATES USED ...

  • Bulgaria Sept. Gross Foreign Debt Decreases 24 Nov 2009 14:55 GMT
    ... (RTTNews) - Tuesday, the Bulgarian National Bank said in a report that ... decrease was mainly due to decline in Banks' liabilities. The external debt, which was equal to ... GDP at the end of September, the central bank said. Meanwhile, the general government's external ...

  • Slovenian peacekeeper dies in a firearm incident in Kosovo 24 Nov 2009 21:53 GMT
    ... Washington - The US economy's rebound from a deep recession ... highest levels in a generation. The US central bank projected the world's larg... Washington - ...

  • Branch Chamber Chair Iliya Keleshev: Bulgaria's Machine Building to Face Skilled Labor Shortage after Recovery from Crisis 24 Nov 2009 01:55 GMT
    ... the Bulgarian machine building complexes such as Balkankar and ZMM, the state leaders literally competed ... Radomir, where there are currently people from Macedonia, Thailand. The import of qualified laborers is ... inter-company debt has reached frightening proportions. The banks are still lending money but at high interest ...

  • Bulgaria Joins European Danube Strategy, Ruse Region Benefits 24 Nov 2009 01:24 GMT
    ... Bulgaria Joins European Danube Strategy, Ruse Region Benefits ... only road crossing directly linking Bulgaria with Romania. A second bridge is now under construction. ... Ruse, the northern town situated on the banks of the River Danube, will become the Bulgarian ...

  • Patriciu expands bankers' restaurant with Petit Heritage 24 Nov 2009 22:43 GMT
    ... The restaurant and coffee shop division of RTC, a ... the group, became the richest man in Romania, believes the Romanian economy could return to ... Bucharest's most expensive restaurant, also known as "bankers' restaurant", because most shareholders are bankers, recorded ...

  • Bulgaria Hotel Owners Set up Own Bank to Deal with Crisis 24 Nov 2009 22:15 GMT
    ... Bulgaria Hotel Owners Set up Own Bank to ... interest rate 2% lower than the commercial banks. Ragin believes that those reluctant to join and ...

  • 98,000 Romanians have accounts worth 2.5 billion euros on Stock Exchange 24 Nov 2009 22:43 GMT
    ... so that the number of cases when banks were unable to cover the cheques or promissory ... to social security, and the number of Romanians who are going to have smaller pensions ...

  • Bulgaria Socialists Report Govt Co-Chair over Conflict of Interests 24 Nov 2009 00:13 GMT
    ... Bulgaria Socialists Report Govt Co-Chair over Conflict of ... is the total amount of loans to banks. Fidosova allegedly declared that she has to make ...

  • Deepening economic crisis in Eastern Europe 24 Nov 2009 09:04 GMT
    ... of a conference held by the Austrian Central Bank in Vienna last week. In its ... capital from the east back to western banks will continue. The ERBD expressed concern over the extent ... dire in the Baltic states. In Latvia, bankers are speaking of a “dramatic development.” Despite ...

  • Russia Cuts Rates to Record Low to Stimulate Lending 24 Nov 2009 14:10 GMT
    ... MOSCOW — Russia's central bank cut its key interest rates Tuesday ... July. In Eastern Europe, Hungary, Romania and Serbia are still cutting rates to stimulate demand ... central bank. “The lending activity of Russian banks is still at a low level, and domestic demand remains ...


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