NBU cuts rates 100bp to 13.5% on falling inflation

The National Bank of Ukraine (NBU) lowered the key policy rate by 100bp to 13.5% on April 25 and improved its inflation forecast as price pressure ease. (chart) With the discount rate decrease, the rates on overnight deposit certificates and three-mont…

Ahold Delhaize picks Bucharest for new technology hub

By bne IntelliNews Belgian retail group Ahold Delhaize, which operates Romanian retail chain Mega Image, announced it is opening a technology hub in Bucharest, where it plans to hire 250 experts to develop applications for all the group’s brands in Eur…