The Latvian government is getting nervous about the level of lending coming from Swedish banks. According to the Financial Times, “Latvia’s prime minister has warned Swedish banks they risk choking off recovery in the Baltic state’s crisis-hit economy unless they resume lending.”
The Latvian authorities are complaining, it seems, that banks [...]
Alcatel-Lucent paves the way for Ukraine’s Kyivstar regards next generation GSM & IP networks with all IP network transformation.
Alcatel-Lucent (ALU) today announced that it has been selected by Kyivstar GSM, the largest operator in Ukraine, to design, install, and maintain a country-wide Metropolitan transmission packet based IP/MPLS network as part of [...]
International and emerging markets offerings are the coolest kids at the ETF party right now, favored in a big way over traditional long U.S. equity ETFs. International ETFs saw $5 billion in new inflows in November.
Vanguard Emerging Markets ETF (VWO) led all ETFs with $1.3 billion in new investments. [...]
The start of gas trading activities by the CEGH Gas Exchange of the Vienna Stock Exchange (Wiener Börse) today marks a further step towards positioning the Central European Gas Hub (CEGH) as an important international hub and trading gateway into the CEE area.
The CEGH ranks among the largest gas trading platforms in [...]
Bulgaria’s banks are being cautious in their response to government calls to increase the flow of loans, wary of potential problems that could arise in the new year, while awaiting more positive signs from the economy before turning on the lending taps again.
As part of its efforts to get the economy, and [...]
Business expectations clearly spell another tough year lying ahead for Bulgarian companies, Roland Berger Strategy Consultants said.
Despite first improvements, small growth rates in 2010 will not compensate for the high declines of 2009, the international consulting company said in a survey entitled The Road to Recovery in Central and Eastern Europe (CEE).
The [...]
“In my view … it is impossible to understand this crisis without reference to the global imbalances in trade and capital flows that began in the latter half of the 1990s.”
* Compared with the average quarterly value of GDP in 2007-08, the first two quarters of 2009 are down in nominal terms [...]
New York-based Van Eck launched on Wednesday the Market Vectors Poland ETF (PLND), a fund that will track the 26-company Market Vectors Poland Index.
PLND will trade on the NYSE Arca Exchange and charge an expense ratio of 76 basis points. Unlike most single-country international ETFs, which tend to be dominated by holdings [...]
The pharmaceutical market in Central and Eastern Europe is dominated by generic drugs. This subdivision was worth €17.2bn in 2008 and is expected to develop by around 14% per annum between 2009 and 2011.
The growth rate of the innovative drug market, which was worth €12.4bn in 2008, will be slower, according [...]
Van Eck, a leading company for providing ETF investors with access to new investment categories, has done it again.
Today’s launch of Market Vectors Poland ETF (PLND) is the first pure-play single-country ETF focusing on Poland for US investors. PLND trades on the NYSE and expenses are capped at 0.76%
I asked Tomasz Janeczko, [...]