Polish Watchdog Sees `No New Arguments’ to Clear PGE’s Buy of Rival Energa The head of Poland s antitrust regulator said today no new arguments have appeared to convince her to clear PGE SA s 7.53 billion zloty ($2.5 billion) acquisition of Energa SA, the country s fourth-largest power utility. Malgorzata Krasnodebska-Tomkiel, in an interview in Warsaw, said she is open to government arguments in favor of the transaction, which she said will limit competition …
Slovenian Economy Will Probably Expand 1.5% for This Year, Gaspari Says
Slovenia s export-driven economy may expand twice as fast as the government s April forecast indicated, said Mitja Gaspari , the country s European Union and development minister.
Ukraine May Sell Five-Year, 10-Year Eurobonds Today in Return to Debt Plan
Ukraine plans to sell five-year and 10-year bonds in dollars as early as today, reviving a plan the government scrapped two months ago, as the former Soviet republic seeks to plug its budget shortfall.
Davis Cup: Serbia-Czech Republic Draw List
BELGRADE, Serbia (AP) — Thursday’s draw for the Davis Cup semifinal between Serbia and the Czech Republic: Friday’s Singles Novak Djokovic , Serbia, vs. Radek Stepanek , Czech Republic Janko Tisparevic, Serbia, vs. Tomas Berdych , Czech Republic Saturday’s Doubles Nenad Zimonjic and Viktor Troicki , Serbia vs. Jan Hajek and Ivo Minar , Czech Republic Sunday’s Reverse Singles Novak Djokovic …
Greek finance minister rules out debt default
MADRID (MarketWatch) — Greek Finance Minister, George Papaconstantinou, has rejected the possibility of the country restructuring its debts, saying a forced default would be a disaster for the eurozone. Papaconstantinou made the comments in an interview with the Financial Times, as part of a two-day trip to Paris, Frankfurt and London to convince investors that Greece’s financial situation has …
Hungary’s Mortgage Relief Plan May Punish Lenders After Biggest Bank Tax
Hungarian lenders including OTP Bank Nyrt., already burdened by the biggest bank tax in Europe, are likely to be punished by the ruling party s effort to help distressed borrowers, analysts and investors said.
Slovenia, Croatia, Serbia Seek Yugo Roots for Profit
Franjo Bobinac, the chief executive officer of Slovenia s Gorenje Group d.d., the largest appliance maker in the Balkans, is breaking through barriers erected during the Yugoslav civil war to boost his company s profits.
Greece rules out possibility of default
( FT ) — Greece’s finance minister has strongly rejected the idea that Athens will be forced to restructure its debts, saying that a default would break the eurozone.
Nail Polish Causes a Stir at New York Fashion Week
Chanel s cadaverous fingernail pigments, and limited-edition hues from other companies, spawn a lust for weirdly synthetic greens, rusts, taupes and violets.
As Europe Kicks Coal Habit, Hungarian Town Feels Pangs
The European Commission is fighting a complicated battle against an influential but polluting industry
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