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Central Europe
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New boss to put Pekao in Pole position
Jaroslaw Adamowski in Warsaw
Mon, 15th Mar --
As Poland's biggest private bank with a market capitalisation of over €33.5bn, Bank Pekao shares some of its bison logo characteristics: while solid and robust, the banking giant is also thickset and sluggish. Alicja Kornasiewicz, the new CEO of Pekao, wants to change that.
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Tender it, and they will come
Bogdan Turek in Warsaw
Fri, 12th Mar --
Poland is revelling in the interest being shown by construction companies from outside the EU to build its highways at prices cheaper than those offered by EU or even domestic companies - a development that's likely to lead to a major shake-up of the Polish construction industry.
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CONFERENCE CALL: Shale gas and hot air
Matthew Day in Warsaw
Wed, 10th Mar --
Large parts of CEE appear to be sitting on one of the world's largest deposits of shale gas, and this has got the energy world excited. To quote one executive attending the "III CE Gas Summit 2010" in Warsaw in February: "It is a bit like discovering there's life on Mars."
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FUNDS: Pharos Miro agric fund gives investors something to chew on
Guy Norton in London
Mon, 8th Mar --
Veteran Russian fund management group Pharos Financial and Dubai-based agribusiness specialist Miro Asset Management have teamed up to launch the Pharos Miro Agriculture Fund to tap into the evolving agricultural investment theme.
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Chinese takeouts in emerging Europe
Jiri Kominek in Prague
Fri, 5th Mar --
Czech tycoon Petr Kellner's PPF Group may be about to take its consumer lending business to China, but for the most part the investment is flowing in the other direction.
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COMMENT: The EU needs to act at home to counter Gazprom's power
Iana Dreyer of the European Centre for International Political Economy
Wed, 3rd Mar --
There is a clear link between most CEE gas markets still being monopolies and Europe's vulnerability to decisions by Gazprom to turn off the gas tap. A few antitrust cases in the new member states would go a long way toward remedying this.
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INTERVIEW: IMF's top CEE gunslinger back in town
Mike Collier in Riga
Wed, 3rd Mar --
The image of the grizzled cowboy coming reluctantly out of retirement for one last shoot-out in Dodge City may not immediately spring to mind when one meets the smiling countenance of the IMF's top trouble-shooter in CEE, but it is surprisingly apt.
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FUNDS: Mid Europa sees steady improvement in private equity in 2010
Nicholas Watson in Prague
Tue, 2nd Mar --
A deal announced in December to buy out Invitel Holdings enabled emerging Europe-focused private equity house Mid Europa Partners to notch up two transactions in 2009 - a good performance during a time characterised by a lack of funding, wide gaps in valuations between buyers and sellers, and surprisingly few distressed deals.
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COMMENT: Estonia has earned right to fair euro assessment
Gunter Deuber and Nicolaus Heinen of DB Research
Fri, 26th Feb --
An enlargement of the euro area is drawing nearer. A long way ahead of all the other candidates, Estonia has a good chance of becoming the 17th country to join the Eurozone. The question is only whether it can already do so in 2011.
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Baltics fear being blackballed by euro club
Mike Collier in Riga
Fri, 26th Feb --
The three Baltic countries, led by Estonia, are launching a charm offensive to defend their right to cash in their kroons, lats and litas for euros faster than you can say "members only."
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On the block
Nicholas Watson in Prague
Thu, 25th Feb --
A look at what countries will hold elections this year.
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Political risk is back
Nicholas Watson and Ben Aris
Thu, 25th Feb --
As Turkey's war between secularist and religious forces flares up again and at at least six more countries in the region go to the polls this year, political risk is back with a vengeance in 2010.
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