Eastern Europe News
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Polish Capacity Utilization Increased in Second Quarter, Central Bank Says
Capacity utilization in Polish industry rose 1.4 percentage points to 79 percent in the second quarter, the Warsaw-based central bank said on its website today, citing a survey.
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Russia Leaves Benchmark Interest Rates Unchanged as Economy Gathers Pace
Russia’s central bank left its main interest rates unchanged for a second month as an economic recovery in the world’s biggest energy exporter gathers speed and after inflation slowed.
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Berlusconi Acts to Remove Fini From Party in Threat to Government Majority
Italian Prime Minister Silvio Berlusconi took steps to expel Gianfranco Fini from the People of Liberty party they co-founded, a move that may end the premier’s parliamentary majority two years into his term.
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Poland May Delay Meeting EU Deficit Limit, Meaning `Bad News' for Markets
Poland may delay complying with the European Union’s budget deficit limit, disappointing investors who’re counting on spending cuts, according to a draft four-year financial plan reported last night by the PAP newswire.
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