Central & Eastern Europe Archives

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Banking

EM Regional Review: CEE

WINTER OF DISCONTENT By Justin Keay Although there are some bright spots, many CEE countries face the prospect of another economic downturn thanks to tight European ties. For most countries in the postcommunist world, 2011 ...

Emerging & Frontier Markets

Albania Aims To Be Green Energy Superpower

NEWSMAKERS: ALBANIA By Dan Keeler As most of Europe’s leaders tighten the screws on their battered economies, tiny Albania, one of the continent’s poorest nations, is pushing ahead with an ambitious plan intended to substantially boost foreign direct ...

Capital Raising & Corporate Finance

FX Supplement: Is The Euro Crumbling?

IS THE EURO CRUMBLING? By Gordon Platt Major reform is needed, but whether the political will is there to make large scale changes remains to be seen. The alternative may be the end of the eurozone as it ...

Banking

Kudrin’s Shoes Will Be Hard To Fill

NEWSMAKERS: RUSSIA By Kim Iskyan Investors have long viewed Russian finance minister Alexei Kudrin as the country’s second-most-important policymaker—and the primary reason for the dramatic turnaround in Russia’s macroeconomic position over the past decade. Alexei Kudrin refuses ...

News

Trichet Exits From ECB

NEWSMAKERS: EUROPE By Anita Hawser At the press conference that followed the European Central Bank’s Governing Council meeting on October 6 in Berlin, few would have guessed that it was Jean-Claude Trichet’s last meeting as ECB president. ...

Award Winners

SAFEST EMERGING MARKET BANKS IN CENTRAL & EASTERN EUROPE 2011

Global Finance names the Safest Emerging Market Banks 2011 in Central & Eastern Europe NEW YORK, November 3, 2011 Global...

Capital Raising & Corporate Finance

Special Report: Sepa

THE JOURNEY BEGINS By Denise Bedell Upcoming end-dates for Sepa migration prompt companies to begin planning projects. Corporates in Europe are facing the inevitability of Sepa compliance in or around 2014—when end-dates for migration from domestic legacy ...

Award Winners

Central Banker Report Cards 2011: Europe

EUROPE Czech Republic Miroslav Singer Grade: B Miroslav Singer had just been appointed governor when we published our last Central Banker Report Cards, but he hasn’t wasted any time in giving his assessment on how the euro crisis could ...

Country Report

Country Report: Turkey

RIDING THE WAVE By Justin Keay Turkey’s economy has performed quite well, but reform is needed at home to build sustainable growth. Early August saw unprecedented turbulence on global financial markets, and Turkey’s was no exception. On ...

Emerging & Frontier Markets

Emerging Markets Roundup: Russia

PRIVATIZATION PLANS MAY GROW By Kim Iskyan Putin ally Valentina Matviyenko became the speaker of the Federation Council in Russia’s national parliament. Oil producer Rosneft may be fully privatized Governor of St. Petersburg and longtime Putin ally Valentina ...

Emerging & Frontier Markets

Company To Watch: Magnitogorsk Iron and Steel Works/Russia

UPGRADES INCREASE COMPETITIVENESS FOR MAGNITOGORSK By Gordon Platt Magnitogorsk Iron and Steel Works (MMK), one of Russia’s top steel producers, is upgrading its production facilities to improve its competitiveness in the global steel market and replace imports in ...

Country Report

Country Report: Russia

THREATENING THE ECONOMIC RENAISSANCE By Kim Iskyan Political uncertainty and continued dependence on oil exports are casting a pall over growth prospects in Russia. On the surface, Russia looks to be on the rebound. The macroeconomic situation ...