Central European Investment

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CEE emerges from shadows, no longer a scary place

VIENNA (Reuters) - Central Europe has emerged from its communist shadow, with strong growth and continued economic convergence towards its richer western neighbors set to make it an attractive investment target for years to come. | Video

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Hot spots in C.Europe property, but market sound

VIENNA (Reuters) - There are pockets of overheating in central European property prices, but real estate executives and bankers in the region believe continuing domestic demand and economic growth will support the wider market.

IMF sees E.European economies slowing

VIENNA (Reuters) - East European economies have weathered the global credit crunch so far, but they are becoming increasingly vulnerable and governments must tighten fiscal policy to avoid overheating, the IMF said on Wednesday. | Video

OMV and MOL settle in for drawn out battle

VIENNA (Reuters) - Austria's OMV is determined to press ahead with its takeover battle for Hungarian peer MOL, yet the only certainty about the outcome is that any solution will take a long time, possibly up to three years. | Video

CEE nations waste chance to slash budgets

VIENNA (Reuters) - Central European governments are missing a chance during the current strong economic cycle to slash budget deficits and restructure public spending for the longer term. | Video

E.European bourses seen staying independent: VSE

VIENNA (Reuters) - The Vienna bourse is continuing to cooperate with eastern European stockmarkets to ease investor access, but consolidation of the fragmented bourse landscape is unlikely, the bourse's chairman said on Wednesday.

Czech CEZ says sees CEE power demand rising 2 pct

VIENNA (Reuters) - Czech power company CEZ expects demand for electricity in central and eastern Europe to rise by 2 percent a year over the long term, its development chief, Jiri Feist, said on Wednesday. | Video

Czech CEZ eyes Balkan gas projects, Turkey

VIENNA (Reuters) - Czech power company CEZ is considering building gas-powered power plants in Romania and Bulgaria and is leading talks to pick a partner for the Turkish market, the company's business development director said on Wednesday. | Video

Bankers calm over E.Europe loans

VIENNA (Reuters) - Central Europe's love affair with foreign currency loans needs careful management, but it does not pose a risk to stability, leading bankers in the region said.

IMF: Slovak euro bid to signal CEE treatment

VIENNA (Reuters) - The fate of Slovakia's euro bid will signal to the other euro zone hopefuls what treatment they can expect when applying to join the single currency area, a senior International Monetary Official said on Wednesday. | Video

No big need for rate hike: Slovak cbanker

VIENNA (Reuters) - Slovak EU-norm inflation has picked up more than expected due to food price growth, but there is no big need to tighten monetary conditions, central bank (NBS) board member Ludovit Odor said on Tuesday. | Video

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