Industry Summits
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. Full Article | Video
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. Full Article
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. Full Article | Video
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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. Full Article | 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. Full Article | 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. Full Article
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. Full Article | 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. Full Article | 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. Full Article
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. Full Article | Video
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