Prompt and decisive government intervention, financial lifelines and firms’ involvement in global value chains have helped minimise insolvencies, says EIB/EBRD report.
Fresh prohibitions have crushed hopes that newly appointed 40-year-old president Serdar Berdimuhamedov would pursue a more enlightened path.
The EBRD has cut its 2022 emerging Europe growth forecasts again, reflecting a sharp downgrade for Ukraine and the regional fallout from the war and sanctions.
Transkapitalbank has requested the US Treasury let it continue to operate in Central Asia.
Serdar Berdimuhamedov has made his first consequential moves as Turkmenistan's president, offering hints of how he intends to rule.
To the West, Russia is once more viewed as an international pariah. For a viable economic path, Moscow must look east and south across Asia. Afghanistan as well as Central Asia could be crucial to its plans.
Russia used the meeting in China to emphasise its importance in Central Asia.
Foreign Minister Lavrov says plans of Islamic State and build-up of detachments of Jamaat Ansarullah and Islamic Movement Uzbekistan around Afghan-Tajik and Afghan-Uzbek borders “are an alarming sign”.
Ukraine's economy forecast to contract by 20% and projections worsen across emerging Europe — except for Eurasian oil and gas producers Azerbaijan and Turkmenistan.
The future shape of Sino-Turkmen cooperation is going to be one of Serdar Berdimuhamedov’s biggest challenges. This and more in Eurasianet's weekly briefing.
But Kazakhstan has more to lose.
Serdar Berdimukhamedov’s victory marks the first successful dynastic transfer of power in post-communist Central Asia.
Elections in Turkmenistan complete the transfer of power from President Gurbanguly Berdimukhamedov to his 40-year old son Serdar.
Weekend election a formality that will be neither free nor fair.
Uzbekistan issued a clarification to underline its neutral position over the war in Ukraine.