Ukraine Market Best in Europe

Ukraine's stock market is Europe's best performer this year, buoyed by exports to neighboring Russia and the European Union more »

Kazakhstan Arrests Property US Firm for Tax Evasion

The Kazakh authorities have arrested the property, including the Sunkar floating platform, of Parker Drilling more »

Fears of tighter supplies increase cost of oil

Oil prices have been pushed up again by several factors more »

GAZPROM TO TAKE PART IN PRIVATISATION TENDER IN ROMANIA

The Russian gas giant, Gazprom, will take part in the tender to privatise one and not two gas distribution company more »

Polish economy set to grow 5.5 percent

The Polish economy should grow by 5.5 percent year-on-year in 2004 more »

Serbia Pulling in Western Funds

Foreign investors seemingly unfazed by Serbia’s numerous economic and political problems more »

London Club to Write Off Serbian Debt

The London Club has agreed to write off more than half of Serbia's $2.8 billion debt to the group and reschedule payments on the remainder over the next 20 years more »

UZBEK NATIONAL CURRENCY INTRODUCED 10 YEARS AGO

On 1 July, Uzbek national currency - soum - turned 10 years more »

Ukraine’s debt rises to $14.7bn

Ukraine’s public debt increased by $33m, or 0.2 percent, in May to $14.696bn, according to Ukraine’s Finance Ministry more »

RUSSIA HAS NO BANKING CRISIS, BELIEVES BUSINESS COMMUNITY

The Russian Union of Industrialists and Entrepreneurs does not think that Russia has a banking crisis more »