Budget deficit lands Poland in hot water

Poland has received a dressing down from the European Commission more »

Asian banks express strong interest in Parex banka

First Asian targeted syndicated loan in history of Baltic banking signed by Parex banka more »

A Detailed Plan of Action

UKRAINIAN GOVERNMENT WANTS TO CONTEST 3,000 PRIVATIZATIONS IN COURT more »

Flash Inter-Bank Payment Network Expands to Six Countries

The clients of five more banks from the HVB Group have been included in the FlashPayment system of money transfer enlarging the inter-bank network to a total of 19 banks in Bulgaria, Estonia, Latvia, Lithuanian, Russia and Ukraine more »

Russia Could Block Siemens Takeover

Russia's antitrust authority signaled Tuesday that it might block a bid by German industrial giant Siemens to take a controlling stake in a strategic engineering company, citing national security concerns more »

The Growth Trend

Raiffeisen Bank Polska (RBP) closed 2004 with a record net profit of zł.165.4 billion which is almost double the 2003 figure more »

Polish Bonds Rise

Polish bonds rose more than any other government-debt securities after a report showed inflation slowed the most since May more »

RUSSIA, IRAN CREATE BUSINESS COUNCIL

The chambers of commerce and industry of Russia and Iran have created a Russia-Iran Business Council more »

Bulgaria's Govt Debt Short of EUR 8 B End-2004

Bulgaria's government and government-guaranteed debt stood at EUR 7.95 B at the end of December 2004, with foreign debt accounting for 82.8% of it, the finance ministry announced more »

Ahern lauds Polish workers in Ireland

Irish Prime Minister Bertie Ahern said yesterday that opening Ireland's job market to workers from Poland, when it joined the European Union on May 1 last year, has "worked out well" for both countries more »