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In a message dated 15/06/01 02:29:31 Eastern Daylight Time, 
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<< If you are an ISI subscriber get the full daily report after 8:00 GMT at   
 <A 
HREF="http://www.securities.com/cgi-bin/isnews/94dec/TR/Intellinews/Daily/En/l

atest.html">www.securities.com</A>or <A 
HREF="http://www.securities.com.tr/cgi-bin/isnews/94dec/TR/Intellinews/Daily/E

n/latest.html">www.securities.com.tr</A>.</TD></TR> <TR><td> </td></TR> 
<TR><TD>YUGOSLAVIA</TD></TR>             <TR><TD><UL><LI>EAR contracts EUR 
5mn grant for SME development
 <LI>WestLB plans to open a Belgrade office
 <LI>Montenegrin Privatisation Council agrees on sale of 51% of Montenegro 
Telecom
 <LI>Federal government adopts draft Law on Co-operation with ICTY >>




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Title: CEE/MIDDLE EAST/NORTH AFRICA HEADLINES ALERT
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CEE / MIDDLE EAST / NORTH AFRICA HEADLINES ALERT

June 15, 2001

Provided by IntelliNews, a service of Internet Securities, Inc.
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BULGARIA
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  • Households report 4.5% real decline in income for Apr
  • Entergy to appoint Bulgarian subcontractors for USD 75mn of their energy investments
  • Government allows wider GSM bandwidth of MobilTel
  • PM Kostov: UDF ready to support a programme cabinet without BSP
  • Simeon Saxe-Coburg most likely to win the vote but not to have 50% majority in parliament

    If you are an ISI subscriber get the full daily report after 8:00 GMT at www.securities.com or www.securities.bg.

 
CROATIA
  • Deputy finance minister calls for lower budget expenditures
  • Cabinet hopes to foster 130,000 job openings in SMEs until 2004
  • Pliva takes over two German pharmaceutical companies
  • Rovinj Tobacco Factory nets a profit of USD 40.7mn in 2000, up by 82.4% y/y
  • Podravka food company buys 1.5% of its shares for USD 1.7mn

    If you are an ISI subscriber get the full daily report after 8:00 GMT at www.securities.com or www.securities.cz.

 
MACEDONIA
  • Economy Ministry estimates losses from crisis at DEM 800mn
  • President Trajkovski officially requests NATO's help in demilitarization process
  • NATO's Robertson, EU's Solana urge fighting sides to show restraint
  • UCK demands deployment of NATO troops in Macedonia and participation in political talks

    If you are an ISI subscriber get the full daily report after 8:00 GMT at www.securities.com or www.securities.bg.

 
ROMANIA
  • BNR governor sees a stand-by agreement with the IMF signed this fall
  • Romania will launch next week an Eurobond issue
  • BNR will cut the compulsory reserve ratio for ROL deposits by 3pp as of July 1
  • Rompetrol to issue a EUR 50mn Eurobond
  • SocGen, RPPF and EBRD want to sell their stake in Arctic
  • Ruling PDSR is to merge today with the smaller PSDR

    If you are an ISI subscriber get the full daily report after 8:00 GMT at www.securities.com or www.securities.ro.

 
TURKEY
  • The debt swap to take place today, results expected on June 17
  • Parliament approves the revised budget for 2002
  • Foreign reserves decrease by USD 164mn over June 1-8 to USD 19.6bn
  • The Parliamentary commission approves the bill on liquidation of Emlakbank
  • Friction emerges within the ruling MHP

    If you are an ISI subscriber get the full daily report after 8:00 GMT at www.securities.com or www.securities.com.tr.

 
YUGOSLAVIA
  • EAR contracts EUR 5mn grant for SME development
  • WestLB plans to open a Belgrade office
  • Montenegrin Privatisation Council agrees on sale of 51% of Montenegro Telecom
  • Federal government adopts draft Law on Co-operation with ICTY

    If you are an ISI subscriber get the full daily report after 8:00 GMT at www.securities.com or www.securities.bg.

 
POLAND
  • Broad money is up 0.6% m/m and 13.5% y/y in May
  • Government starts to prepare spending cuts
  • Pension funds Pocztowo-Bankowe and Arka-Invesco to merge
  • Government agrees to a sugar holding with 28 plants
  • Rzeczpospolita's poll: SLD/UP may win an absolute majority of votes

    If you are an ISI subscriber get the full daily report after 8:00 GMT at www.securities.com or www.securities.com.pl.

 
CZECH REPUBLIC
  • Agreement on payback of Russian debt to Czech Republic allegedly prepared
  • Czech automobile industry in upsurge, sales soar by 22% y/y last year
  • Cities of Usti Nad Labem and Melnik decide to sell their minority stake in CS to Erste Bank
  • National Property Fund and TelSource finally sign contract for joint sale of Cesky Telecom
  • Civic Democrats (ODS) to discuss stay-in-power agreement on Monday

    If you are an ISI subscriber get the full daily report after 8:00 GMT at www.securities.com or www.securities.cz.

 
HUNGARY
  • Final industrial output growth is 9.9% y/y in April
  • The number of unemployed declines by 14,200 in May
  • The general government deficit is HUF 113bn in Jan-May, down 25% y/y
  • Pannon GSM to borrow HUF 35bn in a syndicated loan
  • Gabor Demszky resigned as SZDSZ chairman

    If you are an ISI subscriber get the full daily report after 8:00 GMT at www.securities.com or www.securities.hu.

 
SLOVAKIA
  • GDP up 3% y/y in Q1/00, fastest growth in two years
  • NBS and market pleased with economic growth in first three months
  • Slovakia sees growth in real wages in Q1
  • EBRD raises stake in Slovak Polnobanka
  • EBRD provides VUB with EUR 20mn credit line for SMEs
  • SPP to go 49% private in one package

    If you are an ISI subscriber get the full daily report after 8:00 GMT at www.securities.com or www.securities.cz.

 
RUSSIA
  • Russia and Finland mull over a debt-for-environment swap
  • Foreign reserves go down by USD 300mn to USD 33.3bn in 1-8 Jun
  • Oil exports to reach 32-32.5mn tons in Q3 2001, Vice-Primer Khristenko
  • Rostelecom posts RUR 1.797bn (USD 63.9mn) in net loses in 2000
  • Government prepares a programme of coal industry restructuring

    If you are an ISI subscriber get the full daily report after 8:00 GMT at www.securities.com or www.securities.ru.

 
UKRAINE
  • WB postpones USD 100mn coal sector loan, suggests assistance in Ukraina bank liquidation
  • State Tax administration writes off UAH 18bn of tax fines and arrears
  • SPF calls for selling all companies which are 25% state-owned
  • Ukrrichflot to pay UAH 0.5 dividend per share out of 2000 earnings

    If you are an ISI subscriber get the full daily report after 8:00 GMT at www.securities.com or www.securities.com.ua.

 
KAZAKHSTAN
  • 600mn - 1bn m3 of extracted natural gas per year expected at Amangeldy deposit in next 20 years
  • Oil pipeline from Kazakhstan to China is expected to be constructed by 2010
  • President Nazarbayev calls for greater transparency of export deals
  • First Deputy PM denies charges of personal relationships with Access Industries

    If you are an ISI subscriber get the full daily report after 8:00 GMT at www.securities.com or www.securities.ru.

 
MIDDLE EAST AND NORTH AFRICA
  • ALGERIA: Hundreds of thousands of protesters marched amid violence in Algiers
  • EGYPT: The privatization suffers with little foreign interest in Helwan Cement
  • JORDAN: King to recess Parliament's session amid possible cabinet changes
  • LEBANON: Corruption and lack of transparency discourages FDI, says the UN
  • MOROCCO: Trade deficit in the first four months of the year increased 8.1%
  • QATAR: Prime Minister presided over the Cabinet meeting on Wednesday
  • TUNISIA: Libya and Tunisia reiterated their support for the Palestinian people

    If you are an ISI subscriber get the full daily report after 8:00 GMT at www.securities.com .


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