Lithuania is starting to catch up with Estonia in terms of startups but the small size of the local talent pools is acting as a constraint.
However, in most countries the numbers of those vaccinated or willing to be vaccinated are still less than 70%, with Southeast Europe closer to 40%.
Trend towards bigger deals and more fund investment continues, as deal value rises by half to give best Q1 since 2013.
But pandemic has delayed restart of convergence with Western Europe until 2023.
A third wave of the coronavirus pandemic is sweeping through Emerging Europe. While Russia is expecting to reach herd immunity in the next two months, most other countries of the region have only just started their mass immunisation programmes.
Getting an IKEA store is a good guide to how developed a country is. And the Swedish furniture store has an uncanny knack for opening their yellow and blue stores exactly at the beginning of a country's rapid growth phase.
Buyout group that owns Poland's Allegro agrees to acquire Pigu and merge it with Hobby Hall.
The moderate GDP setbacks in 2020 imply that for some CEE countries there will not be such drastic recovery and rebound effects in 2021 as in hard-hit countries in Western Europe.
With economies primed to rebound as pandemic restrictions are loosened, consumer prices could rise even further, reawakening an issue that has long been ignored.
As the heating season is close to ending Ukraine is still importing large amounts of power from Belarus, despite a promise to break its connection to the Belarusian and Soviet era grid.
Emerging Europe has a growing number of female politicians taking a stand against corruption and authoritarianism.
Islamic Republic’s Caspian Airlines purchases Boeing 737 said to have arrived in Tehran in an emergency landing. Observers smell a rat.
Corrupt political kingpin finally goes to jail for bribery and money laundering after court battle lasting 12 years.
Different retirement ages for men and women lead to lower pensions for women despite reforms in 2019-2020, says World Bank report.
Populist liberal leader Juri Ratas will try to plot a comeback from behind the scenes, analysts believe.
Crackdown on democracy and civil society during pandemic accompanied by increase in hate speech by politicians finds ILGA-Europe report.
Ukraine imported a record amount of electricity from Belarus in 2020, as other neighbouring EU countries cut their ties with the Belarusian power grid.