Latest articles from Central & Eastern Europe

CEE success accentuates halted reforms in EU

May 2, 2005

The new central and eastern European members of the EU are setting the pace on economic reform, stimulating a liberalising shake-up that the rest of the union has been trying to avoid. Nick Spiro reports.

Hansabank seals Russian deal

April 4, 2005

Hansabank Group has announced the successful completion of the acquisition of the Moscow-based Kvest bank.

Banks take part in catch up story

April 4, 2005

Romania is catching up with its neighbours as it prepares for EU membership. Politicians are keen to repeat 2004’s growth and investment levels – which means a busy time for banks.

Romania maintains momentum

April 4, 2005

Romania is celebrating a successful 2004 in which taxes were cut and GDP grew. Now its sights are set on EU accession and newly elected President Basescu faces some tough decisions in the longer term. 

No longer the laggard

April 4, 2005

Romania is catching up with its eastern European neighbours in the attraction of foreign direct investment. Matei Paun reports on last year’s record performance and conditions that bode well for the future.

Russia’s good news hidden by hysteria

April 4, 2005

Alarmist predictions, while unfounded, present opportunities for investors, says William Browder.

Another step into Serbia

April 4, 2005

Serbia’s decision to focus on selling banks is drawing Greek institutions into the country, despite continuing political risk. Kerin Hope reports.

Orange revolution fuels foreign interest

April 4, 2005

Since Viktor Yushchenko was elected president, a gold rush has begun in banking as foreign institutions begin to move in. Ben Aris reports from Kiev.

Ukraine’s Aval starts negotiations on sale to RZB

April 4, 2005

Austria’s Raiffeisen International (RZB) is in exclusive takeover talks with Ukraine’s second-largest commercial bank, Aval. “We are in talks that we have agreed will be mutual until May,” said the chief executive of Raiffeisen International, Herbert Stepic. “We want to take over the bank entirely.”

A new landscape

March 7, 2005

Croatia’s banking system has changed dramatically in the past few years with the rise in foreign ownership but the country is still overbanked. 

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