Croatia’s government is doing what’s necessary to return to economic growth for the first time since 2008 as the Balkan nation gears up to become the European Union’s 28th member, central bank Governor Boris Vujcic said.
Europe faces severe weather this week, starting with scattered thunderstorms across northern Germany and possibly Denmark today before damaging winds and hail move east and south, AccuWeather Inc. forecast.
The European Bank for Reconstruction & Development is considering loaning Polish utility Energa SA as much as 800 million zloty ($251 million) for a smart grid project, a “step change” in investment in the region, an analyst said.
The United Nations global warming talks have been set back by six months after Russia and its allies blocked progress at a group charged with implementing decisions of the 190 nations involved in the discussions.
Poland risks a pullback from foreign bondholders if its monetary policy easing cycle fails to show cognizance of swings in debt market sentiment amid record-low interest rates, according to Royal Bank of Scotland Group Plc.
EnerCap Capital Partners, a Czech Republic-based private equity company, plans to invest in combined heat and power plants in central and eastern Europe as policy changes in the region make renewables less attractive.
LOT Polish Airlines SA said it will deepen discussions with Boeing Co. next week over compensation for losses from the three-month grounding of the 787 Dreamliner, with a sum of several million dollars being sought.