Eastern Europe News
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Letiste Praha AS, the operator of Prague’s largest airport, plans to double the number of long- haul flights in three to four years to boost the number of passengers that transfer in Prague and reduce its dependence on unprofitable state-carrier Ceske Aerolinie AS.
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Emerging-market equity funds posted the third-largest weekly outflows on record amid Standard & Poor’s unprecedented downgrade of the U.S. credit rating and a spread in Europe’s debt crisis, Citigroup Inc. said.
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Polish inflation accelerated in July from a four-month low on faster fuel price growth, according to a survey of economists.
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Russia is offering agricultural land to Southeast Asian nations to grow crops and help secure reliable food supplies, part of wider efforts to foster trade and investment ties in new markets.
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