HUNGARY

Hungary’s updated Convergence Program cuts ’08 GDP growth forecast to 2.4%; ’09 growth 3.4%

POLAND

Polish central bank president’s newly appointed advisor may upset euro adoption – economists

Polish MPC minutes indicate likely pause in rate hikes – economists

Poland’s core inflation accelerates to 2.7% y/y in March – National Bank of Poland

BANKING

CZECH REPUBLIC & SLOVAKIA

Belgian KBC’s Czech lender CSOB to focus on services as mortgage market drops 9% y/y in Q1

Czech investor PPF Group subsidiary granted Vietnam license, will extend Home Credit brand

Czech unit of Dutch ING Bank ups ’07 net 44% y/y to CZK 354 mln

Czech equity group PPF increases stake in Russia’s Nomos-Bank to 29.9%, JV no longer planned

HUNGARY

Hungary’s OTP Bank in talks on acquisition in CIS region – Deputy CEO

Shareholders of Hungary’s OTP Bank approve proposal to pay no dividend

Hungary’s state-owned MFB Bank expects 34% y/y fall in pre-tax profit to HUF 7 bln in 2008

POLAND

BCP’s Polish unit Bank Millennium beats expectations with PLN 127 mln Q1 profits, up 50.8% y/y

FINANCIAL SERVICES

CZECH REPUBLIC & SLOVAKIA

Czech equity PPF group’s consumer lender Home Credit ups loan volume 40% y/y in Q1

CAPITAL MARKETS

CZECH REPUBLIC & SLOVAKIA

IPO WATCH: Czech energy holding NWR to list shares on Prague main market ’within weeks’

FUNDS

CZECH REPUBLIC & SLOVAKIA

PRESS: Investor J&T to convert CZK 700 mln Czech weapons factory into mixed-use project

CALENDAR

CZECH REPUBLIC & SLOVAKIA

Czech Republic – calendar of upcoming events, 25/04/2008

HUNGARY

Hungary – calendar of upcoming events 25/04/2008

POLAND

Poland - calendar of upcoming events 25/04/2008

Nb: This news report features only the headline of each news