- Romanian Springs Tap a Region’s Deep History
In the mountains of Transylvania, residents hoped visitors would flock to spas and resorts to bathe and heal in the cold, clear waters. The dream has faded, but the taps still flow.
- NATO moves towards spending goal sought by Trump, Spain lags
More European allies in NATO are set to meet a defense spending target sought by the United States in 2019, with sharp rises in Romania and Bulgaria, NATO Secretary-General Jens Stoltenberg said on Friday, but Belgium and Spain will continue to lag.
- CEE MARKETS-Zloty hit by Swiss franc mortgage ruling
The Polish zloty
continued to weaken on Friday after a Polish Supreme Court
verdict that investors fear raises the risk that Swiss franc
mortgage loans will be converted into the local currency on
terms unfavourable to banks.
Other regional currencies gained, with Hungary's forint and
Romania's leu rebounding after hitting new record lows against
the euro this week.
The Czech crown pushed higher after a slight upward revision
in third-quarter growth data i
- CEE MARKETS-Forint slips to record low, leu holds on to gains
The Hungarian forint
slipped to a record low against the euro on Tuesday as the
central bank's easy monetary policy stance, the loosest in
central Europe, kept the currency under pressure.
Most other central European currencies and stock markets
dipped in early trade as investors shifted from optimism in
U.S.-China trade talks to waiting for more concrete progress.
The Romanian leu, though, stayed elevated aft
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