|Bid||0.00 x 209500|
|Ask||0.00 x 89500|
|Day's Range||39.70 - 40.68|
|52 Week Range||27.45 - 40.68|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Hungary's forint touched its lowest level for the year on Friday after November inflation data signalled no imminent change to maintaining the central bank's ultra-loose monetary policy stance. At 0918 ...
Austria's former trade union bank BAWAG is planning a stock market debut later this year to set the seal on a decade-long recovery from its near collapse in a fraud scandal. The initial public offering (IPO) looks set to be the country's largest for at least 10 years, and would provide an opportunity for its majority owner, U.S. private equity firm Cerberus Capital Management, to cash in on its investment. Sources close to the matter told Reuters in June the listing of a 20-30 percent stake could value Austria's fourth-biggest lender at up to 5 billion euros ($5.9 billion).
The Social Democrats, the senior partner in the Czech Republic's ruling coalition but trailing in the polls, will try to lure back voters before the October elections by offering tax cuts for workers while tightening control of big business. The party unveiled its election programme days after Prime Minister Bohuslav Sobotka said he would step down as leader of the country's oldest party in an attempt to reverse its slide in opinion polls.
The Czech central bank on Tuesday said it was doubling the amount of money domestic banks must put aside as a precaution for hard times from July next year because of rapid credit growth. The move comes as a bill allowing the central bank to make lenders cap loans, if needed, is at risk of failing in parliament, drawing sharp criticism from the bank's Governor Jiri Rusnok on Tuesday. Czech lending growth is close to the fastest since 2009 as record low interest rates spur demand, especially in housing, where low supply and cheap mortgages have driven up prices on new apartments in Prague by a fifth in the past year.