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Eastern Europe Investment 2016

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Czech PM: Brexit would boost separatists, nationalists in Europe

PRAGUE A British vote to leave the European Union would give a boost to separatist and nationalistic forces across the bloc, Czech Prime Minister Bohuslav Sobotka said on Friday.


Komercni Banka looks to consumers, small business to expand loan book

PRAGUE Komercni Banka is looking to increase market share in consumer finance and small-business lending in a search for yield in a low interest rate environment while keeping deposit growth in check, its chief financial officer said.

Romania sees chance of another Eurobond issue in Sept-Nov

BUCHAREST Romania could issue another Eurobond in the third or fourth quarter before an expected national election, the finance ministry's deputy treasury chief said on Friday.


Czech PM says public workers, defense take priority to faster cut in deficit

PRAGUE The Czech government prefers to use strong budget revenue to improve healthcare, education and defense rather than cut the budget deficit faster as the economy strengthens more than expected, Prime Minister Bohuslav Sobotka said on Friday.

Czech minister says industry faces labor shortage, plans help

PRAGUE The Czech government is aiming to make it easier for firms to bring in foreign workers to fill a labor shortage that industry leaders warn is becoming a barrier to growth, the industry minister told Reuters.

Montenegro says Russia should not interfere in its NATO bid

BELGRADE Montenegro's defense minister said on Friday that its long-time ally Russia should not interfere in its plans to join NATO.


No Romanian party will secure outright majority in next election: adviser

BUCHAREST Romania's former ruling leftist coalition stands a good chance of pooling forces for an election in December but it is unlikely to win enough support to form a government, an adviser to the Romanian president said on Wednesday.

Polish freight group PKP sees rising demand on China rail route

WARSAW Polish freight group PKP Cargo is benefiting from rising demand for rail transport between China and Europe, a route that is developing as a modern day Silk Road.

Poland wants KfW-like state fund to spur growth with easier financing

WARSAW Polish state fund PFR sees German peer KfW [KFW.UL] as a role model for how to coordinate state financial support and plans bond issues in 2017 to finance its needs, its chief executive said at the Reuters Eastern Europe Investment Summit.

Political risks hold back lending in Croatia

ZAGREB Political risk and a demanding regulatory framework are major challenges for Croatia's banking sector, the head of Erste Bank's Croatian unit, Christoph Schoefboeck, told Reuters on Thursday.

With rate cuts over, CEE central banks eye Brexit, fiscal stimuli

BUDAPEST Central and eastern Europe's central banks have mostly finished their rate cuts though will be in no rush to start tightening as regional inflation is down and economic growth has slowed.


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