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Central European Investment Headlines

Polish c.banker sees rates up in 2010

Polish interest rates should not fall further and some tightening of monetary policy will likely be needed next year to ensure inflation remains contained, central bank policymaker Dariusz Filar said on Wednesday.

Strabag says banks not lending

A lack of bank financing, not demand, is the main factor holding back construction projects in emerging Europe at the moment, the region's biggest builder Strabag told the Reuters Central European Investment Summit.

Hungary ready to come off IMF aid: cbank

Hungary should not need to use the remainder of its package of International Monetary Fund-led aid, though its recovery remains fragile as it returns to market financing, the central bank's deputy governor said on Tuesday.

Hungary could curb fx lending, OTP disagrees

Hungary's central bank said on Tuesday the country should consider imposing higher capital requirements on foreign currency loans if banks fail to curb them themselves, while the country's biggest bank said it was unlikely to do so.

E.Europe bad debt underestimated -EBRD

Eastern Europe's banks have underestimated the value of bad loans they hold in the aftermath of the financial crisis and their impact will be felt across the region next year, the chief economist at the European Bank for Reconstruction and Development (EBRD) said on Tuesday.

Hungary ready to come off IMF aid: cbank

Hungary should not need to use the remainder of its package of International Monetary Fund-led aid, though its recovery remains fragile as it returns to market financing, the central bank's deputy governor said on Tuesday.

OTP profit on track, risk costs may fall soon-CFO

Hungary's OTP Bank remains on track to meets its 2009 profit target and as the global recovery picks up pace, its risk costs could begin falling as early as the second quarter, Chief Financial Officer Laszlo Bencsik said on Tuesday.

East European debt set to stymie growth

Winding down bloated public debt levels will crimp recovery for the European Union's eastern members, policy makers said this week, but Hungary's early moves on reform mean it could outshine its neighbors.

Warsaw bourse sees a boost from foreign partner

The head of Warsaw Stock Exchange expects its long delayed privatization to give it a foreign partner with wide international reach to help boost its position as eastern Europe's leading bourse operator.

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