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Financial markets in the region trim part of their recent gains

Bulgaria: Tapping the international markets after eleven years
Poland: Economy still resilient, but exhibiting preliminary signs of slowdown
Romania: No confidence vote brings unexpectedly down the Romanian government
Serbia: A challenging domestic macroeconomic outlook
Turkey: CBT maintains hawkish tone
Ukraine: Growth slowed more than expected in Q1-2012
Albania: Macroeconomic imbalance persist
FYROM: 2011 fiscal deficit in line with the official target; revisions to 2012 official macro forecasts