UPDATE 5-Investors punish Erste for new emerging Europe hit – Reuters

Reuters
… * Shares fall as much as 16 percent on profit warning. * Bank cites higher risk provisions in Romania, Hungary. * Rival Raiffeisen forecasts profit in Romania this year (Adds Raiffeisen forecasting profit in Romania, para 13). By Michael Shields. VIENNA, July …
Stoxx 600 takes a breather as Erste Bank drops in EuropeMarketWatch
European Bonds Rise as Stocks Trim Gains, Krona WeakensBloomberg
Europe ends the week higher; US on holidayCNBC.com
Wall Street Journal (blog)Financial TimesReuters UK
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