Andrew Newby Poland Funds that are flying The Poles' latest financial achievement is tackling the demographic time bomb. International funds are scrambling to compete in the new private pensions market. Ian Dawson Central and Eastern Europe Elektrim pulls off a surprise Conglomerate Elektrim has given foreign investors a turbulent ride. It focused on telephony, but fell out with Deutsche Telekom. Ian Dawson Russia Living with a lie Promises of banking restructuring are a sham.
Economic reform is in limbo until a new president is elected.
The vast central Asian republic has successfully tapped the Eurobond market and paid back maturing international debts. It hopes to spread the news of economic recovery. The Euroyen market looked in long-term decline. In 1998 it was almost comatose. But in the autumn, supranationals like the IADB triggered a riot for paper.