For now, Erdogan, the master of distraction, appears to have enough economic and political control. But, if behind the scenes he is digging as frantically as some observers believe, he’ll struggle to get out of his deep hole.
Results of a poll by the International Republican Institute indicate a strong popular mandate for the new government to press on with reforms.
A positive balance of payments will support the value of Ukraine’s currency, the hryvnia, largely thanks to $5bn worth of remittances sent home by Ukrainians working abroad, despite the swelling trade deficit.
"Environmental, social and governance" performance is becoming a hot topic amongst leading Russian companies and a way to reduce their "Russia risk" discount.
Governments of Central and Southeast Europe have already secured most of the funding they need for this year, but with more obligations maturing in 2020 they are expected to return to the markets on a large scale next year
North Macedonia held its first ever gay pride march on June 29 with up to 1,000 people attending the event. There were pride marches in nearly all the CEE countries but the experience in each country is vastly different.
Completion of the TANAP pipeline brings completion of the Southern Gas Corridor that will diversify Europe’s gas supplies away from Russia closer to reality — at a time when Russia is building its own new pipeline infrastructure.
Turkish LGBT activist defied a ban on the Istanbul Pride march but riot police fired rubber bullets and teargas at the crowd in an attempt to break up the gathering.
In May Ukraine's banking sector’s profit was up again to a cumulative $876mn over the first five months of this year. The sector continues to recover, but slowly.
Poland overtook Russia to become Ukraine’s biggest trade partner in May and maintained its lead in April. Ukraine continues to run a sizable trade deficit but thanks to $10bn of remittances a year it has a current account surplus.
5G is coming to Russia soon and it will transform the telecoms business, says Russia Towers that has been working on the market for a decade building the infrastructure the mobile phone business runs on
Russia’s Ministry of Finance has placed a record number of ruble-denominated OFZ treasury bills in the second quarter of this year and is ahead of its borrowing target for the whole year.