Europe

The Slovak Republic’s Spark Sputters

Non-residents owning almost half of Slovak Republic local bonds, three times the corresponding Czech Republic share, turned wary ahead of ...

Kazakhstan’s Temperamental Tenge Outbursts

Kazakh shares were down 10 percent on the MSCI Frontier index amid a spotty “popular capitalism” push and continued devaluation ...

The Euro Area’s Rooted Rot Rotation

As the average PMI passed 50 and banks cited better lending conditions in terms of supply, the IMF circulated its ...

Hungary’s Cloying Closeout Capers

Hungarian stocks scrambled for positive traction as the central bank again cut interest rates to 4 percent, as bankings were ...

Russia’s Churlish Host Habits

Russian shares despite p/e ratios around 5 remained off through July with the expected glow from hosting the G-20 central ...

Central Europe’s Pilfered Pension Pillars

As EU officials underscored the continued hold of 30 banking groups on over half of regional assets and the BIS ...

The Baltics’ Querulous Euro Queue

Baltic stock markets were buoyed by EU approval for Latvia to follow Estonia into the euro as Brussels hailed the ...

European Central Banks’ Stability Stretch

With longer-term EU debate swirling on common banking union twenty years after the “single passport” concept was introduced, research by ...

The EU’s Exasperating Excess Exclamations

Hungary and Poland revived their candidacies for medium-term euro entry as the European Commission released them from the excess fiscal ...

Malta’s Ambivalent Anti-Crisis Crusade

Maltese bonds and stocks rebounded from immediate post-Cyprus jitters but the offshore center’s struggle was highlighted by the IMF’s annual ...

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