|
News
|
|
Polish trade unions mull call for general strike
bne
Tue, 21st May --
Protest against the liberal government of Prime Minister Donald Tusk is mounting as the effects of the crisis continue to hit Poland. With the populist opposition having taken the lead in polls for the first time in years, the country's three largest trade unions met on May 20 to coordinate wide-scale action.
|
| |
|
Turkey sends political message as it boosts credit line to Egypt
bne
Tue, 21st May --
Continuing the AKP's drive to make Turkey a regional leader, the Turkish government is set to raise a $1bn credit line promised to Egypt this month by a further $250m, a senior official said on May 20.
|
| |
|
ENRC takeover proposal rejected
bne
Mon, 20th May --
The committee of independent directors at Kazakhstan's Eurasian Natural Resources Corp. (ENRC) announced on May 17 that it has rejected a take-over proposal from the company's founders € alongside the state € despite a deepening corporate governance crisis and fresh accusations of corruption.
|
| |
|
Fitch downgrades Slovenia as Ljubljana mulls action against Moody's
bne
Mon, 20th May --
Slovenia suffered another blow to its efforts to avoid becoming the next Eurozone country to require a bailout on May 17, as Fitch Ratings cut the Balkan country's long-term foreign currency rating one notch, to 'BBB+' from 'A-', and warned a further downgrade could be on the way.
|
| |
|
BayernLB denies in talks with OTP about exiting Hungary bank market
bne
Mon, 20th May --
Bayerische Landesbank on May 17 denied speculation that it is to be the next foreign investors to leave the Hungarian banking sector via a sale of its local subsidiary MKB Bank to the country's largest bank OTP.
|
| |
|
Turkish police clash with protestors against policy on Syria
bne
Mon, 20th May --
Turkish police battled protestors in Istanbul and the Syrian border town of Reyhanli over the weekend, as violence broke out at demonstrations against the government's policy towards its civil-war stricken neighbour.
|
| |
|
Czech president continues push to expand his role
bne
Mon, 20th May --
Deepening the increasingly bitter debate he has kicked off, Czech President Milos Zeman stuck another flag in the ground in his fight to expand the power of his post on May 17 when he blocked an academic appointment, while refusing to offer any reason behind the move.
|
| |
|
Georgian priests lead mob on homophobic rampage
Molly Corso in Tbilisi
Fri, 17th May --
A peaceful protest against intolerance turned violent in Tbilisi on May 17, when a mob - led by Georgian Orthodox priests and their followers - swept past police barricades and tried to attack a group of human rights activists attempting to celebrate the annual International Day Against Homophobia.
|
| |
|
Dogus Holding wins Galataport tender with sole bid at auction
bne
Fri, 17th May --
Local conglomerate Dogus Holding made the highest bid in the latest in a series of major infrastructure tenders in Turkey, as it bid $702m for the right to develop and operate Istanbul's Galataport. The final step to win the tender looks to have been curiously easy, despite rising interest in the sector.
|
| |
|
Armenia plans Eurobond debut in 2013
bne
Fri, 17th May --
Armenia is planning to make its debut on the Eurobonds market this year, the prime minister said on May 16. The move sees Yerevan seeking to leverage the ongoing emerging markets bond rally as it's forced to replace development funding, which is drying up.
|
| |
|
Moody's hands Turkey another precious investment grade
bne
Fri, 17th May --
Cementing the optimism that has been bubbling in Istanbul for the last few months, Moody's moved late on May 16 to hand the Turkish sovereign its second investment grade rating, as it upgraded the government's bonds by one notch to Baa3, with a stable outlook.
|
| |
|
Czech miner NWR raked over the coals
Nicholas Watson in Prague
Thu, 16th May --
When the new chairman of Czech coal miner NWR warned back in February that the first part of 2013 was going to be challenging, few probably envisaged it would be this bad. But on May 16, NWR revealed it made another record loss in the first quarter and said it would take a series of measures worth €100m to bolster its finances.
|
| |
|
<<< See Previous Articles
||
See More Articles >>>
|