COMMENT: Central European stock markets still look good, while Russia's is improving

Peter Szopo of Erste Asset Management August 22, 2017

2017, so far, has been the best year for Central European equities since 2012, while the Russian index has been the worst performing major stock market.

Polish retail sales start Q3 on the rebound

bne IntelliNews August 20, 2017

Polish retail sales grew 6.8% y/y in July, statistics office GUS announced on August 18.

Polish industrial production growth accelerates as second half opens

bne IntelliNews August 20, 2017

Polish industrial production grew 6.2% y/y in July, data from statistical office GUS showed on August 18.

Polish GDP growth races onwards in Q2

bne IntelliNews August 17, 2017

GDP growth pushed to a seasonally-adjusted 4.4% y/y in the second quarter.

Bank lending conditions improve in Emerging Europe

bne IntelliNews August 14, 2017

The Institute of International Finance (IIF) composite index for the Emerging Markets Bank Lending Conditions Survey in 2Q17 showed that while lending conditions in emerging markets (EM) in general have tightened, those in Europe are easing

Poland-born reformist head of Ukraine's rail monopoly resigns

bne IntelliNews August 9, 2017

Wojciech Balczun submitted his resignation after little more than a year at the helm of Ukrzaliznytsia citing a "negative PR-campaign and even sabotage" against him.

Brno top destination for tech startups in CEE/CIS

bne IntelliNews August 9, 2017

Affordability makes the Czech Republic’s second city the highest ranked location in the CEE/CIS region on Nestpick’s latest Startup Cities Index.

Stateless Saakashvili resurfaces in Poland, Georgia petitions Warsaw for extradition

bne IntelliNews August 7, 2017

Georgia's stateless former president Mikheil Saakashvili turns up in Poland to attend Warsaw Uprising commemoration, insists he will journey back to Ukraine to fight withdrawal of citizenship.

CEE monthly bond wrap: summer slowdown is here

Ben Aris in Berlin August 4, 2017

The summer slowdown is here with bond issue volumes dropping off across the Central and Eastern Europe (CEE) region but still way ahead of last year’s results.

Polish passport design provokes Lithuania and Ukraine

bne IntelliNews August 3, 2017

The new design proposed by the Polish home affairs ministry features depictions of the Ukrainian city of Lviv and Lithuanian capital Vilnius.

CEE/CIS economic hubs face $1.3 trillion infrastructure gap

Clare Nuttall in Bucharest August 1, 2017

The region's steepest gap - of $727bn - is in Russia where inadequate infrastructure spending in recent decades has hindered economic growth.

Polish inflation remains subdued in July

bne IntelliNews July 31, 2017

Poland's consumer price index (CPI) grew 1.7% y/y in July, 0.2pp faster than in June, statistics office GUS announced in a flash estimate on July 31.

Poland, Turkey stocks soar, Russia takes a bath

Ben Aris in Berlin July 27, 2017

Poland and Turkey’s stock markets are soaring, up 38% and 35% respectively, making them the best performing markets in the MSCI EM universe. But Russia is in its traditional place of worst performing market YTD, down 15%.

European Commission threatens Poland with imminent nuclear option

Wojciech Kosc in Warsaw July 26, 2017

The European Commission threatened on July 26 that it will immediately launch the Article 7 "nuclear option" against Poland should Warsaw push through the controversial reforms to the country's senior courts that were vetoed by the president.

Brussels presses Visegrad states on migrant quotas

bne IntelliNews July 26, 2017

Populist governments in the "Visegrad Four" states are resisting the EU’s migrant quotas scheme intended to redistribute 160,000 refugees from Italy and Greece.

EU allows Gazprom to use an additional 40% of OPAL gas pipeline's capacity

bne IntelliNews July 24, 2017

The EU has reportedly backed off and loosened restrictions on access of Russia’s Gazprom to the OPAL pipeline, which will allow the energy giant to send more gas to European clients via its Nord Stream pipeline.

Polish president delivers blow to government's judiciary reform

bne IntelliNews July 24, 2017

Polish President Andrzej Duda surprised as he announced he will veto two out of three controversial bills aimed at reforming the judiciary. But that's unlikely to prove the end of the story.