The Warsaw Stock Exchange (GPW) Management Board and the Central Bank of Armenia (CBA) signed on Sep.18 a term sheet concerning negotiations to purchase 65% majority interest in the Armenia Securities Exchange (AMX) by GPW. The agreement is not binding.
C & E Europe
Poland has approved new rules aimed at making it difficult for non-EU investors to take over domestic strategic companies flattened by Covid-19.
New data from Eurostat show that house prices in Austria went up by a whopping 85.5% between 2007, and the first quarter of 2019. This figure places Austria first, followed by Luxembourg at 80.6% and Sweden at 80.3%. The EU average stood at 19%.
Slovakia just joined a host of Central and Eastern European countries seeking to repatriate their gold reserves.
Hungary's OTP bank, Central Europe’s largest independent lender, purchased 96.69 per cent of the shares of Mobiasbanca, a Societe Generale’s subsidiary in Moldova. OTP acquired the Chisinau-based bank through a number of transactions.
Austrian foreign direct investment (FDI) in Central, East and Southeast Europe (CESEE) declined in 2018, but continued to earn relatively high profits, a new report from the Vienna Institute of International Economic Studies (wiiw) found.
The Czech Republic ranks as the best location for manufacturing in Europe, according to new research published by real estate services firm Cushman and Wakefield.
Wednesday (March 27) saw the launch of trading in securities of International Investment Bank (IIB) on the Budapest Stock Exchange (BSE).
Finantsinspektsioon (FSA), Estonia's official financial watchdog, has ordered Danske Bank to close its branch in Tallinn.