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Moody's sees Kenya's economic growth at 5%-6% in 2013-15
Moody’s expects Kenya’s economic growth to increase marginally to 5%-6% in 2013-15 from 4.7% in 2012, thanks to higher investments, the global ratings agency said in its annual credit report on ...
June 18, 2013, 12:21pm GMT
Slovakia raises JPY 29.8bn from Samurai bond sale
Slovakia has raised JPY 29.8bn (EUR 233.6mn) from the sale of two yen-denominated government bond issues on the Japanese market, Webnoviny.sk reported, quoting information from the Slovak finance ...
June 18, 2013, 10:51am GMT
Bosnia’s Federation CPI holds at 0.1% y/y in May 2013
Bosnia’s Federation CPI inflation flattened at 0.1% y/y in May 2013, the same as the month before, as rising alcoholic beverages and food charges were offset by falling transport, clothing and ...
June 18, 2013, 8:34am GMT
Romania’s external debt up 1.2% y/y to EUR 101bn at end-Apr, public debt rises 30% y/y
Romania’s external debt increased moderately by 1.2% y/y to EUR 101bn , or 72% of the projected full-year GDP, the central bank announced. While the short-term debt*, the borrowing from the IMF and ...
June 18, 2013, 5:45am GMT
Romania’s CA balance remains in surplus for Jan-Apr despite deficit in April.
Romania’s CA balance remained marginally in the surplus area for the period of Jan-Apr despite the small deficit in April, the central bank announced. The trade of services has notably ...
June 17, 2013, 1:21pm GMT
Poland's C/A surplus reaches highest-ever level of EUR 468mn in April
Poland's current-account balance was - unexpectedly - positive in April and amounted to EUR 468mn vs. deficit of EUR 200mn a month earlier and a gap of EUR 655mn in April of 2012, according to the ...
June 17, 2013, 1:12pm GMT
Montenegro's industrial output climbs 22% y/y in May 2013
Montenegro's industrial production increased 22.4% y/y in May, speeding up from a 14.2% rise the month before on the back of growing utilities output, which offset falling manufacturing and mining ...
June 17, 2013, 11:26am GMT
Czech leftish opposition calls for early elections, says not to support new right-wing govt.
The major opposition Social Democratic Party (CSSD), dominating in opinion polls, has called for early elections and said it will not support a new right-wing government led by the party of PM Petr ...
June 17, 2013, 11:05am GMT
Tanzania plans USD 700mn Eurobond
Tanzania plans to issue a debut Eurobond in the tune of USD 700mn to fund infrastructure projects, The EastAfrican reported. The government expects to get a rating from some of the three global ...
June 17, 2013, 5:52am GMT
Bulgarians rally against new government following controversial appointment
Thousands of Bulgarians took to the streets in the capital Sofia and some 20 other cities in the country over the weekend demanding the resignation of the recently elected socialist-led government. ...
June 17, 2013, 5:47am GMT
Russia may place USD 7bn sovereign Eurobond on July 15.
Russia may place USD 7bn worth of sovereign Eurobonds on July 15, PRIME reports citing unnamed sources. The planned amount fully covers the external borrowing scheduled for this year. The book for ...
June 17, 2013, 5:45am GMT
Sporadic clashes between protestors and police in Turkey’s main cities, hundreds detained.
There have been sporadic clashes between protestors and riot police in Istanbul, Ankara and other cities over the weekend. In Istanbul, the country’s largest city, the unrest grew on Saturday after ...
June 17, 2013, 5:38am GMT
Serbia's Jan-May budget gap narrows 14% y/y to EUR 688mn, 2.1% of GDP
Serbia's consolidated budget deficit shrank 14.2% y/y to RSD 78.3bn (EUR 688mn) in January-May 2013 due to a higher revenue growth which offset a mild spending increase, data from the finance ...
June 17, 2013, 5:20am GMT
Hungary's industrial output rebounds in April 2013.
Hungary's industrial output increased by 5.3% y/y in April 2013 on the back of a significant rise in the manufacture of transport equipment, the statistics office said confirming the preliminary ...
June 17, 2013, 5:10am GMT
Czech PM Necas steps down over corruption scandal.
Czech Prime Minister Petr Necas said he will resign on June 17 after his closest aide and alleged lover was charged with abuse of power and bribery in an unprecedented corruption scandal that erupted ...
June 17, 2013, 4:56am GMT
Thailand’s TISI increases to 94.3 in May
The Thai industries sentiment index (TISI) increased for the first time in four months to 94.3 in May this year, as compared to 92.9 registered in April. According to the data released by the ...
June 17, 2013, 4:01am GMT
Kazakh PM remains optimistic about 6% GDP growth in 2013.
Kazakh PM Serik Akhmetov confirms that GDP growth is expected at 6% this year, despite global slowdown and a decline in the key sectors of the Kazakhstan's economy - metals and mining industry. GDP ...
June 16, 2013, 8:30pm GMT
Qatar Telecom quits race for Maroc Telecom’s stake - report
Qatar Telecom (Qtel), known as Ooredoo, withdrew its recently submitted bid to buy France's Vivendi's 53% stake in Morocco's Maroc telecom, the Financial Times reported. The UAE’s Etisalat, thus, ...
June 15, 2013, 3:13pm GMT
Montenegrin court moves to introduce insolvency at aluminium firm KAP – report
Podgorica’s commercial court has launched proceedings for introducing bankruptcy at Montenegrin aluminium smelter KAP upon a request of the finance ministry, radio station AntenaM reported on June ...
June 14, 2013, 2:20pm GMT
Montenegro's 2012 budget deficit widens 3.1% to EUR 196mn.
Montenegro’s budget gap expanded 3.1% to EUR 195.6mn in 2012 due to falling budget revenue and activation of state guarantees to the aluminium smelter KAP in April 2012, according to a report on ...
June 14, 2013, 9:54am GMT
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