ISI Intellinews

The chief prosecutor of the International Criminal Tribunal for the former Yugoslavia (ICTY) Serge Brammertz arrived in Belgrade on a two-day visit, which started with a meeting with Serbian war crimes prosecutor Vladimir Vukcevic.

The government has instructed the state Health Insurance Fund (RZZO) to urgently initiate a procedure for the procurement of #mn vaccines against the new virus A (H#N#), health minister Tomica Milosavljevic has stated.

Inflation rate for #### is projected in the #-#% target band, down from #-##% range this year, the National Bank of Serbia (NBS) governor Radovan Jelasic has stated, adding that the inflation would remain in the focus of

Deputy PM and economy minister Mladjan Dinkic said that the government plans to set aside EUR ###mn in business incentives next year to boost economic development.

Serbian authorities have reached a deal with the International Monetary Fund (IMF) on the withdrawal of the remaining tranches under the EUR #.#bn emergency loan which was frozen in September since government failed to provide detailed plan on budget cuts.

Eurocar reduced the production by ##% y/y in October. In m/m terms, Eurocar increased production of cars by ##.##% m/m to ### cars. In Jan-Oct, the company reduced the production by ##.##% y/y

IDS Group intends to invest USD ##-##mn in development of production in ####. According to the company#;s General Director Marko Tkachuk, the money will be invested in water resources - a water purification system, a system for monitoring water

The European Bank for Reconstruction and Development (EBRD) is planning to buy ##%-##% of the shares in the Vesta international research and industrial corporation (Dnipropetrovsk), Viktor Dzendzerskyi, the corporations chief executive officer, told.

Moody#;s Investors Service has said that the review with direction uncertain on the ratings of Bank Finance and Credit (F&C) will be concluded when debt restructuring terms are finalized with the bank#;s creditors.

The State Treasury has announced that revenues into the state budget in Jan-Oct constituted ###.#% of the revenue target for that period. Revenues totalling UAH ###,###.#mn were mobilized into the general and special funds of the

Anel Telekom informs in a filing with the Istanbul Stock Exchange that its ##.##% subsidiary Aneles Elektronik Uretim signed a letter of intent with Germany #;s SHG GmbH regarding the production of Sunclass brand solar modules.

Selahattin Hakman, Energy Group President of Sabanci Group, states that he expects the local electricity demand to fall #% to #% this year. However Hakman also adds that the demand is expected to grow #% to #% in the coming years.

Energy minister Taner Yildiz says that the authorities are still in negotiations with the consortium and the government will take a final decision on the nuclear power plant tender by end-Nov or end-Dec.

The number of air passengers increased by #.#% y/y to ##.#mn in Jan-Oct, according to data of the General Directorate of State Airports Authority. When the indirect transit passengers are added the figure increases to ##.##mn.

Head of the information and communication technologies authority (ICTA), Tayfun Acarer, says that the number of #G users in the country reached some #mn.

Global private equity investment firm the Carlyle Group took a ##% stake in local hospital chain Medical Park for USD ###mn, according to daily Sabah .

The privatisation administration will start today (Nov #) the sell-off process of four sugar factories, namely Malatya , Erzincan, Elazig and Elbistan, with tender announcements, news agency Anadolu reports.

The European Bank for Reconstruction and Development (EBRD) provided EUR ##mn loan to private lender Garanti Bankasi. Garanti secured the loan to support micro and small sized businesses located in the provinces.

Fitch Ratings placed ## Turkish banks#; and financial institutions#; Long-term (LT) foreign currency (FC) Issuer Default Ratings (IDR) on Rating Watch Positive (RWP) and ## Turkish banks#; and financial institutions#; Long-term (LT) local currency (LC) IDRs on RWP.

Passenger car sales increased ##.#% y/y to ###,### in Jan-Oct however sales of light commercial vehicles declined ##.#% y/y to ###,### in the same period, according to data of the branch association Automotive

A survey by polling agency GENAR shows that the public support for the ruling AKP stands at ##.#%, slightly lower than the ##% of votes the party secured in the March municipal elections.

The privatisation administration will start today (Nov #) the sell-off process of four sugar factories, namely Malatya , Erzincan, Elazig and Elbistan, with tender announcements, news agency Anadolu reports.

Energy minister Taner Yildiz says that the authorities are still in negotiations with the consortium and the government will take a final decision on the nuclear power plant tender by end-Nov or end-Dec.

Passenger car sales increased ##.#% y/y to ###,### in Jan-Oct however sales of light commercial vehicles declined ##.#% y/y to ###,### in the same period, according to data of the branch association Automotive

The European Bank for Reconstruction and Development (EBRD) provided EUR ##mn loan to private lender Garanti Bankasi. Garanti secured the loan to support micro and small sized businesses located in the provinces.

Fitch Ratings placed ## Turkish banks#; and financial institutions#; Long-term (LT) foreign currency (FC) Issuer Default Ratings (IDR) on Rating Watch Positive (RWP) and ## Turkish banks#; and financial institutions#; Long-term (LT) local currency (LC) IDRs on RWP.

The central bank#;s statement on October inflation reads that the high inflation in the month was due to one-off factors and expiry of tax cuts. The bank asserts that annual inflation will probably show limited increases in the

According to news agency TNA , the World Bank (WB) stated recently that Thailand#;s economy was likely to contract by #.#% in #### and was expected to expand by #.#% in ####.

According to news agency CENS , preliminary figures of the Taiwan Association of Machinery Industry (TAMI) show that Taiwan#;s exports of machinery declined by ##.#% y/y to USD #.###bn in the first nine months of the year.

According to the Korea Herald, figures of the Bank of Korea (BOK) show that S Korea#;s foreign exchange reserves increased by USD #.##bn m/m to USD ###.##bn as of the end of October.

According to the Korea Times , a recent report by the Ministry of Strategy and Finance said that S Korea#;s overseas investments declined by ##.#% y/y in the first months of the year.

According to the Manila Bulletin , the World Bank (WB) stated in a recent report that the Philippines#; economy was likely to grow by #.#% in #### and #.#% in #### in spite of the effect of the recent typhoons.

According to news agency Bernama , figures of the Department of Statistics show that Malaysia#;s exports declined by #.#% m/m and by ##.#% y/y to MYR ##.##bn in September.

According to news agency Bernama , the World Bank (WB) stated in a recent report that Malaysia#;s economy was recovering slowly and was likely to contract by #.#% this year and to expand by #.#% next year.

According to news agency Bernama , Finance Minister Sri Mulyani Indrawati stated on Tuesday that the recent forecast by the International Monetary Fund for Indonesia#;s #### economic growth was too low.

According to the Jakarta Post , Bank Indonesia (BI) on Wednesday announced that it was keeping its key interest rate unchanged at #.#%. In support of the decision, BI said that the current rate was appropriate to support the economy

According to the Economic Times , the Federation of Indian Chambers of Commerce and Industry (FICCI) stated in a recent report that India#;s services exports were likely to show positive growth by the end of the year.

According to news agency Reuters , Planning Commission Deputy Chairman Montek Singh Ahluwalia stated on Wednesday that India#;s high food price inflation was a matter of concern but the inflation rate was expected to ease by the end of the year.

According to the Economic Times , Finance Minister Pranab Mukherjee stated recently that the Indian government did not intend to withdraw its stimulus measures since the economy still required the support of the measures In addition, there continued to be uncertainties

According to news agency Reuters , India#;s HSBC Markit Business Activity Index increased to a thirteen-month high of ##.## in October from ##.## in September.

According to Hong Kong#;s official website, figures of the Land Registry show that the number of sale and purchase agreements for building units received in October totalled ##,###, a y/y increase of ##.#% but a m

According to Hong Kong#;s official website, the International Monetary Fund (IMF) stated in a recent report that Hong Kong#;s economy was recovering as a result of the government#;s measures to deal with the global financial crisis.

According to news agency Xinhua , HSBC Group Chairman Stephen Green stated last Sunday that HSBC had revised its #### GDP growth forecast for China to #.#% from its previous forecast of #.#%.

According to news agency Xinhua , the Ministry of Finance stated on Tuesday that China#;s tax revenue increased by #.#% y/y to CNY #.##tn in the first nine months of the year.

According to the People#;s Daily Online, a recent report by the World Bank said that China#;s economy was likely to grow by #.#% in ####. In support of the assessment, the report said that China#;s large

Investment fund Penta failed to acquire troubled Hungarian meat processing company Herz Salami Factory, which is currently in liquidation, according to daily E## .

The parliament adopted a revision to the payment services law, which would allow the governor of the National Bank of Slovakia (NBS), Ivan Sramko, to stay in office, finance ministry state secretary Peter Kazimir disclosed for Bloomberg .

Retail sales shrank by #.#% y/y in September, coming from a #.#% y/y drop for the previous month, the statistical office (SUSR) reported. Development of the sector thus remained relatively stable for the past twelve months

The adoption of the euro would have a long-term positive impact on the Slovak economy, a finance ministry report, submitted for discussion to the cabinet, argued.

The parliament passed the draft state budget for #### with minimal amendments from MPs. In total, ## MPs voted in support of the budget, ## MPs were against and three abstained.

Saudi Basic Industries Corp (SABIC) and China #;s oil refiner Sinopec inaugurated their new CNY ##.#bn (USD #.#bn) petrochemical complex in China #;s northern coastal city of Tianjin , China Daily reported.

RAS net profit of Moscow City Telephone Network (MGTS), capital#;s dominant land line telephony operator, increased by ##% y/y to RUB #.##bn (USD ###mn) in Jan-Sep ####, company announced.

As announced by the company, net profit of Russia#;s potash fertilizer producer Silvinit went down by ##% y/y to RUB ##bn (USD ###mn) in Jan-Sep as calculated under Russian Accounting Standards.

As announced by FinMin, it failed to auction a placement of government funds for short term deposits on Nov # due to absence of bids from the credit institutions.

According to the interview to the Russian press by VP of the World Bank Philippe Le Houerou, Russian economy passed the lowest point of the recession and is on its way to recovery.

According to RosStat data, CPI inflation amounted to #.#% y/y in October #### vs. ##.#% y/y inflation seen in September. To compare, the indicator reached ##.#% y/y in the same month of the previous year.

Central bank expert and nominated PM Lucian Croitoru, rejected yesterday by the Parliament, estimated that the government#;s financing needs by yearend, of EUR #.#bn currently, would increase to EUR #bn because of the political instability that prevents public

The industrial prices decreased by #.#% y/y in September, compared to a negative growth rate of #.#% y/y one month earlier. The negative dynamics of the industrial prices, which have a visible positive impact on the

The rise of average net wage decelerated to #.#% y/y in September from #.#% y/y one month earlier while the real (CPI adjusted) growth rate dropped in the negative area (minus #.#% y/y) for

The IMF understands that the public sector streamlining is not facile and it does not involve in suggesting Romania specific policies aimed at cutting the fiscal deficit from #.#% of GDP this year to #.#% in ####, but

The lawmakers of the three parties (PSD, PNL, UDMR) that hold ##% seats in Parliament invited the government, under a formal decision, to submit the budget planning for #### even if by law an interim cabinet can not  have legislative initiative.

The Constitutional Court ruled sooner than planned in the case of the three key bills submitted by the government in Parliament and approved under emergency procedure by the lawmakers just before the breakdown of the ruling coalition.

The Parliament rejected the nominated PM Lucian Croitoru and his team, which postpones de facto the formation of a new cabinet until after the presidential elections on Nov ##/ Dec #.

Qatar plans to cut corporate tax to ##% in #### from the current ##% in a move by the country to attract foreign investors, the country#;s finance minister, Youssef Kamal, said.

The sales of new passenger cars amounted to ##,### items in October, which is a rise of #.#% m/m, but a fall by #.#% in annual terms, according to preliminary market data quoted by the Rzeczpospolita

Major housing development company Dom Development intends to spend at least PLN ###mn, to buy land plots in Warsaw , the company#;s representatives have said.

Polish natural gas and crude oil producer PGNiG accepted the package of agreements, included in the "Common statement of OAO Gazprom and PGNiG about cooperation in a natural gas sector", the company has said.

The treasury may sell a handful - up to a dozen or so percent of shares in power company Enea, in some tranches on the Warsaw Stock Exchange, but will retain the majority stake (##%) in the company, so as to

Credit-rating agency Moody#;s Investors Service has decided to maintain on review for possible upgrade Bank BPH#;s D- financial strength rating (BFSR) and the Baa# long-term bank deposit ratings, the bank has announced.

Citigroup#;s Bank Handlowy intends to decrease the ratio of irregular claims to single-digit share in its portfolio by the end of ####. The bank also upheld the plan to decrease its costs-to-income ratio to below ##% vs.

BRE Bank#;s Q#/#### results will be positively influenced by the dividend from insurer PZU at PLN ##mn, but at the same time, the bank will post higher marketing and assets costs, the company#;s management board CEO Mariusz

The fundamental credit outlook for the Polish banking system remains negative, reflecting the fact that banks#; financial fundamentals have suffered in the worsening operating environment, notably in terms of declining asset quality, reduced profitability and lower growth, says Moody#;s

State-held bank BGK sold five-year Treasury bonds of IPS#### series worth of PLN #.###mn from its offering of PLN ###-#.###mn. Demand was PLN #.###mn.

The government wants to lower the social insurance premium transferred to private open pension funds (OFEs) to #.#% from #.#% of gross wages with the remaining part being kept by the Social Security Board (ZUS, which already manages

Industrial output will likely decrease by #-#% in the whole of ####, but Q#/#### alone should see a rise of sold production, the economy ministry#;s experts have said in a report.

The state lottery sold only # out of the ## points of sale at the public tender launched yesterday and the combined price it got was EUR ### , ###. The tender will continue with the rest of the ## points

Construction firm Trudbenik and entrepreneur Spiro Trajceski signed an agreement for the construction of USD ##mn fife-star hotel in the lake resort Ohrid.

Macedonia#;s biggest ferro-alloy furnace Silmak stopped operation only four months after restoring them because of the lack of orders , the low prices of the output and the expensive electricity.

Hotel and restaurant prices grew #.#% y/y in October mostly on higher prices of overnights and spirits. In terms of categories , the average price of overnights rose by #.#% , alcohol drinks – #% , non-alcohol beverages – #.#

The EBRD forecast that the country#;s economy might fall into recession because of the sharp contraction of industrial output and exports , the EBRD said in its Transition Report ####.

The EBRD is to allot some EUR ##mn to the power utility EPCG for modernisation of electricity distribution infrastructure, the financial institution announced.

The finance ministry has elaborated and submitted to the government a draft budget for the next year, finance minister#;s assistant Nemanja Pavlicic announced.

The WB extended a loan worth USD #.##mn to support the government#;s efforts in the field of health system reform, the international financial institution announced.

The combined turnover of the retailers in the country reached EUR ##.#mn in September, data released by the statistical office showed. This represented a ##.#% y/y shrinkage, which followed the #.#% annual decline in August.

Morocco#;s economy grew by an estimated #.#% in Q# of the year, from #.#% in Q# when foreign demand for its goods and services stabilised, the country#;s High Planning Commission (HCP) said in a statement.