News
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Russian Personal Debt Rose 30% Last Year
Russian Personal Debt Rose 30% Last Year
February 14, 2016Personal debt in Russia rose by 30% in 2015 according to Vladimir Shikin, the deputy director of the National [...]
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Lukoil to Sell Polish and Baltic Petrol Stations
Lukoil to Sell Polish and Baltic Petrol Stations
February 09, 2016Lukoil, the largest private oil company in Russia is to sell its petrol stations in Poland, Lithuania and Latvia. [...]
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Hungary Unemployment down to 6.2%
Hungary Unemployment down to 6.2%
February 04, 2016Hungary’s level of unemployment has fallen to 6.2% for the months of October-December of last year according [...]
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Croatian Consumption Increases at Record Levels
Croatian Consumption Increases at Record Levels
February 03, 2016Consumption figures from Croatia for December show that it increased by 4.8% compared to the same period of 2014. [...]
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Poland’s PGNiG to Build Norwegian Pipeline
Poland’s PGNiG to Build Norwegian Pipeline
February 01, 2016Poland’s state run gas company, PGNiG, is to build a pipeline to Norway according to reports from Warsaw. To [...]
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Mergers & Acquisitions Fall Again in CEE
Mergers & Acquisitions Fall Again in CEE
February 01, 2016The number of mergers & acquisitions in Central & Eastern Europe has fallen for the fourth consecutive year [...]
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Interest Rates Left at 22% in Ukraine
Interest Rates Left at 22% in Ukraine
January 29, 2016The Ukrainian central bank (NBU) has left interest rates in the country at 22%. The bank said in its report that [...]
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Russian Mortgage Holders Wont be Helped, Says Bank
Russian Mortgage Holders Wont be Helped, Says Bank
January 29, 2016Denis Kovalex, the deputy board chairman at DeltaCredit bank, has said that demands for a bailout for foreign [...]
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Large Scale Ukrainian Privatisation Begins
Large Scale Ukrainian Privatisation Begins
January 28, 2016A total of 25 state owned Ukrainian companies are set to be privatised this year as part of large scale reforms in [...]
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Moody’s Warns Poland of Downgrade
Moody’s Warns Poland of Downgrade
January 27, 2016One of the three major rating agencies, Moody’s has warned Poland that it may soon downgrade its rating. The [...]
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Real Wages Fall 9.5% in Russia in 2015
Real Wages Fall 9.5% in Russia in 2015
January 27, 2016Russia’s state statistic service, Rosstat released statistics on Monday showing that real wages in the [...]
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Poland Economy Surges Ahead
Poland Economy Surges Ahead
January 26, 2016Despite concerns in Poland and beyond about its new government, the economy is expected to record growth of 3.6% [...]
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Commercial Vehicle Sales Up Nearly a Quarter in Estonia
Commercial Vehicle Sales Up Nearly a Quarter in Estonia
January 26, 2016New commercial vehicle sales in Estonia jumped by 22.7% in 2015 compared to the previous year. A total of 3,580 [...]
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Polish Banking Tax Approved
Polish Banking Tax Approved
January 15, 2016Today, the parliament in Poland approved the country’s banking tax aimed at taxing all banks and some [...]
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Car Sales in Russia Collapse in 2015
Car Sales in Russia Collapse in 2015
January 15, 2016Sales of new cars in Russia fell by 35.7% in 2015, according to the Automobile Manufacturers Committee (AEB). A [...]
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Inflation in Belarus 12% Last Year
Inflation in Belarus 12% Last Year
January 14, 2016According to the National Statistics Committee, inflation in Belarus for 2015 was 12%. Alexei Yarkovets explained [...]
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Polish Interest Rates Kept on Hold
Polish Interest Rates Kept on Hold
January 14, 2016The Polish central bank’s Monetary Policy Council (RPP) have left interest rates unchanged at 1.5% in the [...]
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Currency Exchange Booths Increase 70% in Ukraine
Currency Exchange Booths Increase 70% in Ukraine
January 14, 2016According to the National Bank of Ukraine (NBU), the number of currency exchange booths in Ukraine has increased [...]
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Possible Merger for Three Major Energy Companies in Poland
Possible Merger for Three Major Energy Companies in Poland
January 13, 2016The Polish Treasury Minister, David Jackiewicz has said that his ministry is considering merging PKN Orlen, Lotos [...]
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Lithuanian Exports to Russia Decrease by 48%
Lithuanian Exports to Russia Decrease by 48%
January 13, 2016Lithuanian exports for the 11 month period from January to November 2015 fell by 48.8%, compared to the same period [...]
