Countries:

* Albania *

Nine Firms Bid to Supply Combined 573 GWh Electricity for 50.72 Mln Euro to Albania in Q1’09 - Media Dec 16, 2008, 17:07 CET | Story | SeeNews TIRANA (Albania), December 16 (SeeNews) - Nine companies have placed bids in an international tender for the supply of a combined 573 gigawatthours (GWh) of electricity to Albania in the first quarter next year, for which the government has earmarked 50.72 million euro ($62.3 million), local Shekulli daily reported on Tuesday. link

Albania Sells 16.7 Bln Leks (135 Mln Euro) in Two T-bill Issues, Yields Rise Dec 16, 2008, 14:54 CET | Story | SeeNews TIRANA (Albania), December 16 (SeeNews) - Albania’s central bank on Tuesday sold 16.7 billion leks ($184.98 million/135.4 million euro) in two Treasury bill issues, as yields rose, the bank said. link

Fitch Affirms Greece’s OTE Rating at ’BBB’; Outlook Stable Dec 16, 2008, 12:36 CET | Story | SeeNews BUCHAREST (Romania), December 16 (SeeNews) - Fitch Ratings said on Tuesday it has affirmed Greece-based Hellenic Telecommunication Organizations S.A.’s (OTE) Long-term Issuer Default rating (IDR) at ’BBB’ with Stable Outlook. The agency has also affirmed OTE’s senior unsecured rating at ’BBB’. link

* Bulgaria *

ulgaria’s Siter To Build 7.7 Mln Euro Plant for Metal Products Dec 16, 2008, 17:53 CET | Story | SeeNews SOFIA (Bulgaria), December 16 (SeeNews) – Bulgarian company Siter will build a 15 million levs ($10.5 million/7.7 million euro) plant for metal products in northern Bulgaria, the Ministry of Regional Development said on Tuesday. link

Karoll - Bulgarian Daily Newsletter - Dec 16, 2008 Dec 16, 2008, 15:59 CET | Broker’s Report | SeeNews Headlines link

Bulgarian Stock Indices Mostly Fall, Compensatory Receipts Rally Dec 16, 2008, 15:32 CET | Story | SeeNews SOFIA (Bulgaria), December 16 (SeeNews) - The Bulgarian share indices ended mostly down in thin volumes on Tuesday, with compensatory receipts making a significant contribution to the daily turnover as their price firmed, brokers said. link

Bulgaria’s Competition Watchdog Fines Ruse Heating Utility 205,000 Euro for Abusing Dominant Position Dec 16, 2008, 14:56 CET | Story | SeeNews SOFIA (Bulgaria), December 16 (SeeNews) – Bulgaria’s competition regulator has imposed two fines worth a combined 400,000 levs ($280,000/ 205,000 euro) on the heating utility of the Danube city of Ruse for abusing a dominant market position, the watchdog said on Tuesday. link

Bulgaria’s Largest Coal Mine Maritsa East May Almost Halve 2009 Planned Investments to 29.6 Mln Euro - Media Dec 16, 2008, 14:09 CET | Story | SeeNews SOFIA (Bulgaria), December 16 (SeeNews) - Bulgaria’s largest mining complex Maritsa East Mines may almost halve its planned investments next year to 58 million levs ($40.6 million/29.6 million euro) under an anti-crisis cost cutting programme, local business daily Pari reported on Tuesday. link

Bulgarian Paint Maker Orgachim To Appeal Competition Watchdog Fine Dec 16, 2008, 13:57 CET | Story | SeeNews SOFIA (Bulgaria), December 16 (SeeNews) - Bulgaria’s largest paint and varnish producer, Orgachim, said on Tuesday it will appeal a decision of the country’s competition regulator to impose a fine of 100,000 levs ($68,830/51,100 euro) for the unreasonably expensive prizes offered by the company during a promotional game. link

Landmark Property Bulgaria Opens 21 Mln Euro Retail Park in Provdiv Dec 16, 2008, 13:20 CET | Story | SeeNews SOFIA (Bulgaria), December 16 (SeeNews) - Real estate investment company Landmark Property Bulgaria has opened a 21 million euro ($28.7 million) retail park in the town of Plovdiv, southern Bulgaria, a company official said on Tuesday. link

Fitch Affirms Greece’s OTE Rating at ’BBB’; Outlook Stable Dec 16, 2008, 12:36 CET | Story | SeeNews BUCHAREST (Romania), December 16 (SeeNews) - Fitch Ratings said on Tuesday it has affirmed Greece-based Hellenic Telecommunication Organizations S.A.’s (OTE) Long-term Issuer Default rating (IDR) at ’BBB’ with Stable Outlook. The agency has also affirmed OTE’s senior unsecured rating at ’BBB’. link

Germany’s dm-drogerie markt To Set Foot in Bulgaria in ’09, Plans to Open Up To 70 Drugstores in 5 Years Dec 16, 2008, 12:20 CET | Story | SeeNews SOFIA (Bulgaria), December 16 (SeeNews) - German pharmacy chain dm drogerie markt will open its first outlet in Bulgaria in 2009 and plans to launch up to 70 drugstores over the next five years, a company official said on Tuesday. link

Japan’s JCR Downgrades Bulgaria to BBB/BBB+, Outlook Negative Dec 16, 2008, 12:17 CET | Story | SeeNews SOFIA (Bulgaria), December 16 (SeeNews) - Japanese credit rating agency JCR on Tuesday said it lowered its rating on Bulgaria’s foreign currency long-term senior debts to BBB from BBB+ and the rating on the local currency long-term senior debts to BBB+ from A-. link

UPDATE 1 - U.S. AES Mulls Second Wind Farm, To Wrap up 1.5 Bln Euro Energy Projects in Bulgaria by Mid-2010 Dec 16, 2008, 11:50 CET | Story | SeeNews (adds details, comments) link

Bulgaria’s Big Sofia Holding To Build 25 Mln Euro Ski Complex Dec 16, 2008, 11:49 CET | Story | SeeNews SOFIA (Bulgaria), December 16 (SeeNews) – Bulgarian tourism group Big Sofia Holding will invest 25 million euro ($34.22 million) in a ski complex in the Rila Mountain, a company official said on Tuesday. link

FFBH - Bulgaria Morning Update - Dec 16, 2008 Dec 16, 2008, 10:43 CET | Broker’s Report | SeeNews MARKET WRAP-UP link

Bulgaria’s Astra Asset Management Plans Fourth Mutual Fund Dec 16, 2008, 10:28 CET | Story | SeeNews SOFIA (Bulgaria), December 16 (SeeNews) - Bulgaria’s Astra Asset Management, plans to add a fourth mutual fund to its portfolio in the near future, a senior company official said on Tuesday. link

U.S. AES Mulls Second Wind Farm in Bulgaria, To Wrap Up Energy Projects Worth Total 1.5 Bln Euro by Mid-2010, Dec 16, 2008, 10:21 CET | Story | SeeNews SOFIA (Bulgaria), December 16 (SeeNews) - U.S. energy company AES Corp said on Tuesday it is considering a second wind farm project in Bulgaria and plans to wrap up another two energy projects in the country worth a total 1.5 billion euro ($2.0 billion) by the middle of 2010. link

Bulgarian National Bank - Weekly Balance Sheet of Issue Dept - Dec 12, 2008 Dec 16, 2008, 10:21 CET | State Agencies Reports | SeeNews The Bulgarian National Bank (BNB) has published the weekly balance sheet of its issue department as of December 12, 2008. link

Bulgarian Stock Exchange - Daily Bulletin, Selected Announcements - Dec 15, 2008 Dec 16, 2008, 09:51 CET | Specialists Reports | SeeNews Orgachim AD-Ruse /5ORG/ submitted to X3 News a notification about:- Concluded deals in the time frame 04.12. - 11.12.2008 at the total value of Euro 164,154.96 pursuant to the frame contract with Policolor AD-Bucharest within the scope of Art. 114 (1) of the POSA.Please, refer to the entire notification at link link

Bulgarian Stock Exchange - Daily Report - Dec 15, 2008 Dec 16, 2008, 09:48 CET | Specialists Reports | SeeNews The Bulgarian Stock Еxchange has published its daily report on turnover and prices for December 15, 2008. link

Bulgaria Schedule of Events - Dec 16 - Jan 26 Dec 16, 2008, 09:04 CET | Story | SeeNews SOFIA (Bulgaria), December 16 (SeeNews) - Following is a schedule of corporate, economic and political events taking place in or related to Bulgaria through January 26. New or amended entries are marked (*). link

Karoll - Bulgarian Daily Newsletter - Dec 15, 2008 Dec 16, 2008, 07:52 CET | Broker’s Report | SeeNews Headlines link

* Croatia *

Croatian Bourse Indices Extend Gains, Turnover Up Dec 16, 2008, 18:30 CET | Story | SeeNews ZAGREB (Croatia), December 16 (SeeNews) - The Croatian equity indices on Tuesday kept advancing for a second day running and turnover rose as investors interest livened up, an analyst said. link

Croatian Fin Min Sells Kuna T-Bills Below Target, Euro T-Bills Above Target Dec 16, 2008, 16:18 CET | Story | SeeNews ZAGREB (Croatia), December 16 (SeeNews) –The Croatian Finance Ministry on Tuesday said it sold in two separate auctions Treasury bills worth 783 million kuna ($150 million/109 million euro), below its target offer of 900 million kuna, and Treasury bills worth 296.3 million euro, above its target offer of 200 million euro. link

Croatia’s Hrvatske Autoceste Borrows 70 Mln Euro from Zagrebacka Banka Dec 16, 2008, 11:58 CET | Story | SeeNews ZAGREB (Croatia), December 16 (SeeNews) - Croatian motorway management, construction and maintenance company Hrvatske Autoceste (HAC) signed a 70 million euro ($96 million) long term loan agreement with Zagrebacka Banka (ZABA), the bank said on Tuesday. link

Erste Securities - Croatian Equity Daily - Dec 16, 2008 Dec 16, 2008, 11:08 CET | Broker’s Report | AII Data Processing Ltd Highlights: link

Croatian Bureau of Statistics - Completed Construction Works, Orders and Residential Building, Legal Entities Employing 20 or More Persons - Q3 2008 Dec 16, 2008, 10:44 CET | State Agencies Reports | AII Data Processing Ltd The value of new orders:- in the third quarter of 2008 increased by 6.3%, as compared to the same period of 2007- in the period from January to September 2008 increased by 10.4%, as compared to the same period of 2007. link

Croatian Bureau of Statistics - Consumer Price Indices - Nov 2008 Dec 16, 2008, 10:35 CET | State Agencies Reports | AII Data Processing Ltd In November 2008, as compared to October 2008, the prices of goods and services for personal consumption, measured by consumer price indices, decreased by 0.1% on the average. As compared to November 2007, that is, at the annual level, they increased by 4.7% and on the annual average by 6.3%. link

Croatia Schedule of Events - Dec 16 - Jan 14 Dec 16, 2008, 09:39 CET | Story | SeeNews ZAGREB (Croatia), December 16 (SeeNews) - Following is a schedule of corporate, economic and political events taking place in or related to Croatia through January 14. New or amended entries are marked (*). link

FIMA Stock Monitor - Daily Report - Dec 15, 2008 Dec 16, 2008, 07:43 CET | Broker’s Report | AII Data Processing Ltd Daily comment: link

FIMA - Weekly Report - Dec 8 - 12, 2008 Dec 16, 2008, 07:41 CET | Broker’s Report | AII Data Processing Ltd C O N T E N T link

Croatia’s Koncar Sees ’09 Net Profit Flat Y/Y at 85 Mln Kuna (11.8 Mln Euro) Dec 15, 2008, 18:56 CET | Story | SeeNews ZAGREB (Croatia), December 15 (SeeNews) – Croatian blue-chip electrical equipment producer Koncar Elektroindustrija on Monday said it expects a group net profit of some 85 million kuna ($15.9 million/11.8 million euro) in 2009, level with the 2008 forecast. link

* Macedonia *

Yields Fall on Macedonian Three-Month, One-Year T-Bills Dec 16, 2008, 16:20 CET | Story | SeeNews SKOPJE (Macedonia), December 16 (SeeNews) - Yields on Macedonian three-month and one-year Treasury bills fell at an auction on Tuesday, central bank data showed. link

Fitch Affirms Greece’s OTE Rating at ’BBB’; Outlook Stable Dec 16, 2008, 12:36 CET | Story | SeeNews BUCHAREST (Romania), December 16 (SeeNews) - Fitch Ratings said on Tuesday it has affirmed Greece-based Hellenic Telecommunication Organizations S.A.’s (OTE) Long-term Issuer Default rating (IDR) at ’BBB’ with Stable Outlook. The agency has also affirmed OTE’s senior unsecured rating at ’BBB’. link

Macedonia Q3 C/A Deficit Widens to 131.12 Mln Euro from 54.42 Mln Euro Deficit Yr-Ago - Table Dec 16, 2008, 11:01 CET | Story | SeeNews SKOPJE (Macedonia), December 16 (SeeNews) – Macedonia’s preliminary current account deficit widened to 131.12 million euro ($179.2 million) in the third quarter of 2008 from a revised deficit of 54.42 million euro a year earlier, central bank data showed on Tuesday. link

MACEDONIA Q3 C/A DEFICIT WIDENS TO 131.12 MLN EURO ($179.2 MLN) FROM 54.42 MLN EURO DEFICIT YR-AGO - C-BANK Dec 16, 2008, 10:51 CET | Alert | SeeNews link

Macedonian Banks End-Oct Credit Portfolio Rises 1.9% M/M, Up 39.6% Y/Y Dec 16, 2008, 10:26 CET | Story | SeeNews SKOPJE (Macedonia), December 16 (SeeNews) - The credit portfolio of Macedonian commercial banks reached 163.3 billion denars ($3.6 billion/2.6 billion euro) at the end of October, up 1.9% from a month earlier and 39.6% higher on the year, Macedonia’s central bank, NBRM, said on Tuesday. link

Macedonia Schedule of Events – Dec 16 - March 19 Dec 16, 2008, 09:06 CET | Story | SeeNews SKOPJE (Macedonia), December 16 (SeeNews) - Following is a schedule of corporate, economic and political events taking place in or related to Macedonia through March 19. New or amended entries are marked (*) link

Macedonian Stock Exchange - Daily Report - Dec 15, 2008 Dec 16, 2008, 09:00 CET | Specialists Reports | SeeNews Тhe Macedonian Stock exchange has published its daily report on turnover and prices for December 15, 2008. link

* Moldova *

UPDATE 1 - Moldova’s 9-mo Economic Growth Accelerates to Real 7.6%, Q3 GDP Rises 10.8% Dec 16, 2008, 17:51 CET | Story | SeeNews CHISINAU (Moldova), December 16 (SeeNews) - Moldova’s economy grew by a real 7.6% in the first nine months of this year, faster than the 3.3% growth recorded in the same period of 2007, Moldova’s Prime Minister Zinaida Greceanii said on Tuesday. link

Moldova’s 9-mo Economic Growth Accelerates to Real 7.6%, Q3 GDP Rises 10.8% Dec 16, 2008, 15:57 CET | Story | SeeNews CHISINAU (Moldova), December 16 (SeeNews) - Moldova’s economy grew by a real 7.6% in the first nine months of this year, faster than the 3.3% growth recorded in the same period of 2007, Moldova’s Prime Minister Zinaida Greceanii said on Tuesday. link

CORRECTED - MOLDOVA’S Q3 GDP RISES REAL 10.8% VS 2.9% FALL (NOT GROWTH) YR-AGO - PM Dec 16, 2008, 15:51 CET | Alert | SeeNews link

MOLDOVA’S Q3 GDP RISES REAL 10.8% VS 2.9% GROWTH YR-AGO - PM Dec 16, 2008, 15:21 CET | Alert | SeeNews link

MOLDOVA’S 9-MO GDP GROWTH ACCELERATES TO REAL 7.6% FROM 3.3% YR-AGO - PM Dec 16, 2008, 15:20 CET | Alert | SeeNews link

Moldova’s Transdniestria Region Jan-Nov Industrial Output Rises 35.5% Dec 16, 2008, 11:17 CET | Story | SeeNews CHISINAU (Moldova), December 16 (SeeNews) - The industrial output of Moldova’s breakaway region of Transdniestria rose by an annual 35.5% in the first 11 months of this year, Transdniestria’s Economy Ministry said on Tuesday. link

Moldova Schedule of Events - Dec 16 - Jan 12 Dec 16, 2008, 09:21 CET | Story | SeeNews CHISINAU (Moldova), December 16 (SeeNews) - Following is a schedule of corporate, economic and political events taking place in or related to Moldova through January 12. New or amended entries are marked (*). link

Moldova Stock Exchange - Daily Report - Dec 15, 2008 Dec 16, 2008, 08:54 CET | Specialists Reports | SeeNews The Moldova Stock exchange has published its daily report on trading volumes and prices for December 12, 2008. link

* Montenegro *

Montenegro’s GDP Growth Will Slow to 2.0% in Each of 2009, 2010 - IMF Dec 16, 2008, 17:38 CET | Story | SeeNews PODGORICA (Montenegro), December 16 (SeeNews) – Montenegro’s economic growth will slow down to around 2.0% in each of the next two years as the global outlook dims, the International Monetary Fund (IMF) said on Tuesday. link

New Securities Exchange of Montenegro - Daily Report - Dec 15, 2008 Dec 16, 2008, 08:51 CET | Specialists Reports | SeeNews The New Securities exchange of Montenegro (NEX) has published its daily report on trading volumes and prices for December 15, 2008. link

* Romania *

Six Romanian Companies Express Interest in Tender for Two WiMAX Licences Dec 16, 2008, 18:46 CET | Story | SeeNews BUCHAREST (Romania), December 16 (SeeNews) - Six Romanian companies have bought documents for the tender for two WiMAX licences by the deadline on Monday, the country’s telecoms regulator ANC said on Tuesday. link

Romanian Stocks End Mixed Dec 16, 2008, 18:30 CET | Story | SeeNews BUCHAREST (Romania), December 16 (SeeNews) - The Romanian bourse indices broke a four-session negative run to close mixed on Tuesday, delinking from a positive global trend, brokers said. link

Romania’s Transgaz Sees ‘09 Net Profit at 309.5 Mln Lei (78 Mln Euro) Dec 16, 2008, 18:06 CET | Story | SeeNews BUCHAREST (Romania), December 16 (SeeNews) - Romanian gas transmission company Transgaz on Tuesday said it expects a net profit of 309.54 million lei ($107 million/78 million euro) next year. link

STOCKWATCH - RCI Keeps Romanian Power Grid Operator Transelectrica at ’Buy’ Dec 16, 2008, 17:50 CET | Story | SeeNews BUCHAREST (Romania), December 16 (SeeNews) - Raiffeisen Capital & Investment (RCI) said on Tuesday it keeps its target price for Romanian power grid operator Transelectrica under review and maintains its ’Buy’ recommendation on the stock, shortly after the company released its projections for 2009. link

Romanian Leu Ends Flat vs Euro, Dealers Suspect C-Bank Intervention Dec 16, 2008, 17:20 CET | Story | SeeNews BUCHAREST (Romania), December 16 (SeeNews) - The Romanian leu on Tuesday ended flat against the euro and dealers said the central bank might have intervened to stop the local currency from crossing into the 4.0-per-euro territory. link

Romania To Split Finance & Economy Ministry - PM Designate Boc Dec 16, 2008, 16:34 CET | Story | SeeNews BUCHAREST (Romania), December 16 (SeeNews) - Romania will split into two separate ministries its Finance and Economy Ministry under a deal between the two partners in the future government coalition, Prime Minister-designate Emil Boc said on Tuesday. link

Raiffeisen Capital & Investment - Banca Transilvania - Current Status of the Reverse Stock Split (Update) - Dec 16, 2008 Dec 16, 2008, 13:44 CET | Broker’s Report | SeeNews Banca Transilvania (TLV) announced that it has received from the Securities Commission (CNVM) all the approvals for the formalities required by their 1:10 reverse stock split. We remind that TLV has to get also the approval from the National Trade Register Office (ORC) for the necessary changes to its bylaws (the file had been submitted on November 20, 2008). Therefore, it is possible that TLV share resume trading before the last trading day of the year, December 23, 2008. link

Romania’s Teraplast To Cut Staff by 7.4% To Reduce Costs Dec 16, 2008, 13:33 CET | Story | SeeNews BUCHAREST (Romania), December 16 (SeeNews) - Romanian producer of polyvinyl chloride (PVC) and polypropylene (PP) building materials Teraplast said on Tuesday it plans to cut its staff by 7.4% of in order to reduce annual costs by more than one million lei ($345,600 /252,700 euro). link

Fitch Affirms Greece’s OTE Rating at ’BBB’; Outlook Stable Dec 16, 2008, 12:36 CET | Story | SeeNews BUCHAREST (Romania), December 16 (SeeNews) - Fitch Ratings said on Tuesday it has affirmed Greece-based Hellenic Telecommunication Organizations S.A.’s (OTE) Long-term Issuer Default rating (IDR) at ’BBB’ with Stable Outlook. The agency has also affirmed OTE’s senior unsecured rating at ’BBB’. link

Romania’s Romcarbon To Buy Back up to 5.0% of Its Shares Dec 16, 2008, 11:26 CET | Story | SeeNews BUCHAREST (Romania), December 16 (SeeNews) - Romanian plastics manufacturer Romcarbon said its shareholders approved plans to buy back up to 5.0% of company’s own shares. link

Sweden’s Autoliv Suspends Production in Romania Until Jan 5 – Media Dec 16, 2008, 11:15 CET | Story | SeeNews BUCHAREST (Romania), December 16 (SeeNews) - Swedish car safety equipment maker Autoliv is suspending production at its two units in Romania until January 5 due to lower demand, Bucharest-based Mediafax news agency reported on Tuesday. link

Romania’s Interamerican Pensii To Buy Local Bancpost Pension Fund - Media Dec 16, 2008, 10:49 CET | Story | SeeNews BUCHAREST (Romania), December 16 (SeeNews) - Romanian mandatory pension fund Interamerican Pensii, managed by Dutch Eureko’s Romanian unit, will take over the pension fund of Romania’s Bancpost, majority-owned by Greece’s EFG Eurobank, Bucharest-based daily Ziarul Financiar reported on Tuesday. link

Ieba Trust - Romanian Market Daily - Dec 15, 2008 Dec 16, 2008, 10:14 CET | Broker’s Report | SeeNews BSE indices slump again amid political uncertainties link

Raiffeisen Capital & Investment - Investment Daily Romania - Dec 16, 2008 Dec 16, 2008, 10:11 CET | Broker’s Report | SeeNews Watchlist link

Bucharest Stock Exchange - Daily Report - RASDAQ Market - Dec 15, 2008 Dec 16, 2008, 09:53 CET | Specialists Reports | SeeNews The Bucharest Stock exchange has published its daily RASDAQ market report for December 15, 2008. link

Bucharest Stock Exchange - Daily Report - Regulated Market - Dec 15, 2008 Dec 16, 2008, 09:53 CET | Specialists Reports | SeeNews The Bucharest Stock exchange has published its daily report on trading volumes and prices on the regulated market for December 15, 2008. link

Romania Schedule of Events - Dec 16 - Feb 25 Dec 16, 2008, 09:37 CET | Story | SeeNews BUCHAREST (Romania), December 16 (SeeNews) - Following is a schedule of corporate, economic and political events taking place in or related to Romania through February 25. New or amended entries are marked (*). Ieba Trust - Romanian Market Weekly - Dec 8 - 12, 2008 Dec 16, 2008, 07:48 CET | Broker's Report | SeeNews 1A. Bucharest Stock exchange Indicators [link->http://seenews.com/news/latestnews/iebatrust-romanianmarketweekly-dec8-12_2008-174244" class="spip_out">link

* Serbia *

Austrian Consortium Alpine-Porr Cancels Key Motorway Concession Deal with Serbia Dec 16, 2008, 18:45 CET | Story | SeeNews BELGRADE (Serbia), December 16 (SeeNews) – Austrian consortium Alpine-Porr on Tuesday cancelled a key motorway construction deal with Serbia and sought international arbitration over Serbain government’s failure to produce an acceptable solution to both parties, the company said. link

Serbia To Open Sale Talks With Austria’s EDDSG for 69% Stake in River Shipping Company JRB Dec 16, 2008, 17:18 CET | Story | SeeNews BELGRADE (Serbia), December 16 (SeeNews) - Serbia will hold talks with Austria’s Erste Donau-Dampfschiffahrtsgesellschaft (EDDSG) as part of a tender for the state-owned majority stake in river shipping company Jugoslovensko Recno Brodarstvo (JRB), Serbia’s Privatisation Agency said on Tuesday. link

Belgrade Blue-Chip Index Hits Record Intraday Low, AIK Banka Paces Turnover Dec 16, 2008, 17:00 CET | Story | SeeNews BELGRADE (Serbia), December 16 (SeeNews) - The indices of the Belgrade Stock Exchange (BELEX) closed lower on Tuesday with the benchmark sinking to a new historic intraday low and blue chip AIK Banka contributing the bulk of the turnover, brokers said. link

National Bank of Serbia - Stock of External Debt by Debtors and Creditors - Preliminary Data - Oct 2008 Dec 16, 2008, 16:15 CET | State Agencies Reports | AII Data Processing Ltd The National Bank of Serbia (NBS) has published its monthly preliminary reports on stock of external debt by debtors and creditors in euro and US dollar currencies as of October 31, 2008. link

Germany’s KfW Lends Raiffeisen Bank Kosovo 10 Mln Euro To Back Energy Efficiency Projects Dec 16, 2008, 14:52 CET | Story | SeeNews PRISTINA, December 16 (SeeNews) - Kosovo’s second biggest bank in term of assets Raiffeisen Bank Kosovo signed on Tuesday a 10 million euro ($13.16 million) loan deal with German development bank KfW to finance energy efficiency projects of small enterprises and private households, the German embassy in Kosovo said. link

National Bank of Serbia - Foreign Exchange Reserves - Nov 2008 Dec 16, 2008, 13:47 CET | State Agencies Reports | AII Data Processing Ltd The National Bank of Serbia (NBS) has released its monthly report on foreign exchange reserves for November 2008. link

National Bank of Serbia - Monetary Indicators - Balance Sheet Data - Oct 2008 Dec 16, 2008, 13:36 CET | State Agencies Reports | AII Data Processing Ltd The National Bank of Serbia (NBS) has published its monthly balance sheet data on monetary indicators for October 2008. link

National Bank of Serbia - Price Movements - Nov 2008 Dec 16, 2008, 13:22 CET | State Agencies Reports | AII Data Processing Ltd The National Bank of Serbia (NBS) has released its monthly report on price movements for November 2008.The document contains the following table: link

Fitch Affirms Greece’s OTE Rating at ’BBB’; Outlook Stable Dec 16, 2008, 12:36 CET | Story | SeeNews BUCHAREST (Romania), December 16 (SeeNews) - Fitch Ratings said on Tuesday it has affirmed Greece-based Hellenic Telecommunication Organizations S.A.’s (OTE) Long-term Issuer Default rating (IDR) at ’BBB’ with Stable Outlook. The agency has also affirmed OTE’s senior unsecured rating at ’BBB’. link

Serbia’s Telekom Srbija Plans To Invest some 21 Bln Dinars (245 Mln Euro) in 2009 - Media Dec 16, 2008, 12:22 CET | Story | SeeNews BELGRADE (Serbia), December 16 (SeeNews) – Serbia’s dominant telecoms company, Telekom Srbija, plans to invest some 21 billion dinars ($335 million/245 million euro) in developing its technology and services in 2009 but the plan might be revised, local news agency Beta reported. link

Serbia Schedule of Events - Dec 16 - Jan 7 Dec 16, 2008, 10:23 CET | Story | SeeNews BELGRADE (Serbia), December 16 (SeeNews) - Following is a schedule of corporate, economic and political events taking place in or related to Serbia through January 7. New or amended entries are marked (*). link

Vojvodjanska Banka - Daily Vobnews - Dec 16, 2008 Dec 16, 2008, 10:05 CET | Broker’s Report | AII Data Processing Ltd Serbia’s Vojvodjanska banka released its Daily Vobnews report for December 16, 2008. link

Belgrade Stock Exchange - Daily Report - Dec 15, 2008 Dec 16, 2008, 09:54 CET | Specialists Reports | SeeNews The Belgrade Stock exchange has published its daily report on trading volumes and prices for December 15, 2008. link

* Slovenia *

Media Reports About Takeover Plans Fail To Revive Ljubljana Bourse Dec 16, 2008, 17:02 CET | Story | SeeNews LJUBLJANA (Slovenia), December 16 (SeeNews) - Slovenian stock indices fell for a fourth day running on Tuesday as local media reports about interested buyers of logistics logistics company Intereuropa failed to revive the market, brokers said. link

Shares in Slovenia’s Intereuropa Rise on Media Reports it is Takeover Target Dec 16, 2008, 16:26 CET | Story | SeeNews LJUBLJANA (Slovenia), December 16 (SeeNews) - Shares in Slovenia’s Intereuropa rose by more than one percent on Tuesday on media reports that three potential buyers were interested in the logistics company, brokers said. link

Slovenia’s Gorenje Plans To Cut Labour Hours Due to Lower Sales - Media Dec 16, 2008, 15:30 CET | Story | SeeNews LJUBLJANA (Slovenia), December 16 (SeeNews) - Slovenian household appliance manufacturer Gorenje plans to cut labour hours to a weekly 36 as of January 1 in order to save jobs amid falling sales, company CEO said on Tuesday. link

ANALYST FORECAST – Slovenia’s Capital Market Likely To Recover in H2’09 Dec 16, 2008, 14:15 CET | Analysis | SeeNews LJUBLJANA (Slovenia), December 16 (SeeNews) - Slovenia’s shattered capital market is likely to rebound no earlier than the second half of next year as an expected recovery of the economy at home and abroad is likely to bring back investor confidence, analysts said. link

INTERVIEW – Profit Outlook Seems Uncertain on Slovenian Bourse in Coming Months - KD Brokerage Dec 16, 2008, 11:32 CET | Interview | SeeNews LJUBLJANA (Slovenia), December 16 (SeeNews) - High profits seem unlikely on the Ljubljana Stock Exchange (LJSE) in the coming months but it offers investment opportunities that may be lucrative in the long run, the head of local brokerage KD BPD said. link

UPDATE 1 - Slovenia’s Oct Jobless Rate Rises to 6.6% - Table Dec 16, 2008, 11:24 CET | Story | SeeNews (adds details, background) link

Slovenian Statistical Office - NAMEA Air Emissions - 2006 - Dec 16, 2008 Dec 16, 2008, 10:58 CET | State Agencies Reports | AII Data Processing Ltd Compared to the values in 2005, in 2006 carbon dioxide (CO2) emissions were up by 1.7% and nitrodioxides (NOx) emissions by 1.1%. link

Slovenian Statistical Office - Labour Force - Provisional Data - Oct 2008 Dec 16, 2008, 10:51 CET | State Agencies Reports | AII Data Processing Ltd In October 2008 the labour force increased by 0.6% due to the increase in the number of registered unemployed persons (by 5.6%). The registered unemployment rate went up by 0.3 of a percentage point. link

Slovenia’s Oct Jobless Rate Rises to 6.6% - Table Dec 16, 2008, 10:42 CET | Story | SeeNews LJUBLJANA (Slovenia), December 16 (SeeNews) - Slovenia’s jobless rate rose to 6.6% in October from 6.3% in the previous month, the Slovenian Statistics Office said on Tuesday. link

SLOVENIA’S OCTOBER JOBLESS RATE RISES TO 6.6% FROM 6.3% IN SEPTEMBER - STATS OFFICE Dec 16, 2008, 10:32 CET | Alert | SeeNews link

Slovenian Statistical Office - Transport - Oct 2008 Dec 16, 2008, 08:04 CET | State Agencies Reports | AII Data Processing Ltd Compared to October 2007, in October 2008 the number of passengers carried in urban transport increased by 1.8%. link

Slovenian Statistical Office - Purchasing Power Parities and GDP in Purchasing Power Standards - 2005 - 2007 Dec 16, 2008, 07:58 CET | State Agencies Reports | AII Data Processing Ltd Gross domestic product (GDP) per capita in purchasing power standards (PPS) in Slovenia amounted to 89% of that in EU-27 in 2007. link

Slovenia Schedule of Events - Dec 16 -Jan 14 Dec 16, 2008, 07:04 CET | Story | SeeNews LJUBLJANA (Slovenia), December 16 (SeeNews) - Following is a schedule of corporate, economic and political events taking place in or related to Slovenia through January 14. New or amended entries are marked (*). link

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