Emerging Europe

The results of six of Turkey’s biggest listed banks are starting to show the pressures they are under. With second-quarter results all in, competition and regulatory measures are having a damaging effect.

Launched in June, Russian Direct Investment Fund (RDIF) is an important part of the drive to modernise and diversify the Russian economy. It is another aspect of the government’s efforts to boost international investment in technology-intensive industries.

Related-party lending is at the heart of the problems in Russia’s banking system. But many doubt the central bank will take the strong action needed.

Over the past year Romania has staged a surprise recovery, thanks to careful political stewardship and workers’ willingness to accept swingeing austerity measures. However, there is still much work to be done if the country is to fulfil its potential. Lucy Fitzgeorge-Parker reports.

With a nimble approach to business and a track record of riding out storms in the Russian financial system, it is one of the country’s few bank success stories. But will Nomos suffer from growing too far, too fast? Rachel Morarjee reports from Moscow.

A Silicon Valley-style venture capital industry centred on Moscow might be unlikely, at least for now. But sustained state encouragement including funding could drive a boom in Russia’s high-tech industry. Dominic O’Neill reports.

Macro headwinds, regulatory aggression, competition and new funding structures herald a shake-up in Turkey’s banking sector. Yet with many of the banks’ European shareholders under intense pressure in their home markets, Turkish banking assets have never been so valued. Nick Lord reports.

Separating the wheat from the chaff is more than just a popular idiom for some Macquarie employees. It’s an essential part of their job.

Feeding the world is the most pressing issue facing society. Billions of dollars of new investment is needed to forestall future crises in both supply and price. Markets and financial institutions can play a crucial role in meeting the challenge. But how can they do so without being seen to exploit the most crucial resource of all? Sudip Roy reports.

Blessed with some of the continent’s most fertile land, Ukraine is of enormous interest to agribusiness. A handful of local and international firms think they have spotted an opportunity. The private sector will be vital to the country fulfilling its potential. Valentina Zarya reports.

When the financial crisis began in 2007, it was presumed that emerging markets too would suffer. But while the developing world experienced a slowdown, and emerging Europe in particular was struck hard, by and large these countries’ economies proved resilient and recovered fast.

Over 50,000 jobs on the block; Move to fixed compensation added pressure

Astana Finance dismays investors; Samruk-Kazyna favours ECAs

It’s easy to think with what’s going on in the eurozone that the biggest financial crisis facing the world is the future of sovereign debt. But without wishing to diminish its seriousness there’s one issue that overrides its importance: food prices.

Middle-class incomes to be hit by social tax; New property tax to affect 80% of Russians

Governing party’s popularity hits all-time low; Budget deficit rises, corporate revenues fall

Domestic banks dominate distribution at national level. But competition across Europe, both regionally and nationally, is heating up in the manufacturing of products for retail clients. Kim Hunter reports on the findings of a new, exclusive survey.

The inaugural European SRP Euromoney Structured Retail Products ranking and awards is a joint venture between www.structuredretailproducts.com and Euromoney magazine. It is the first in a series of comprehensive quantitative and qualitative studies of the structured retail products market Best manufacturer awards

New decree in Turkey to trigger foreign investor concern

Despite UniCredit’s rising profits and deposits, it is suffering a sell-off with the market concerned about its capital strength and exposure to Italian sovereign debt.