Court of bailiffs orders low-cost carrier to cease flying. Though planes are worth €145mn, the foreclosure is for just €26,000, sources complain to newspaper.
Contract with Arkansas group was reportedly approved by State Department.
Thirteen EU states have condemned Hungary’s law in a joint statement, saying the anti-LGBT clauses of the bill violate the right to free expression.
The Council of the National Bank of Ukraine has sacked well-respected Deputy Governor Dmytro Sologub, who as part of the previous management team oversaw a comprehensive clean-up of Ukraine’s banking sector.
Bulgarian veto on start of accession talks with North Macedonia blocks both countries.
“The spiral of mismanagement has been running at full speed, at times astonishing even Erdogan loyalists,” writes Burak Bekdil.
Global inflationary pressures together with the fast recovery in the region from the pandemic are sparking fears that this could set off an inflationary spiral.
In the first exchange of fire since the end of the Cold War, a Russian ship fired warning shots across the bows of a UK naval ship off the coast of Crimea on June 23.
Nur-Sultan likes to boast of its green credentials, but the reality, say researchers, is a carbon-intensive “business as usual.”
No progress towards EU membership for North Macedonia or Albania despite pressure on Bulgaria from fellow member states to drop veto.
MNB becomes first central bank in the EU to raise rates since the outbreak of the pandemic.
PPF is expected to restructure the deal to achieve its long-term ambition to build a Czech banking empire.
One United contracts new loans as it aims to raise €54mn with 10% IPO, which would price the company at up to €540mn.
Observation comes with main opposition alliance refusing to concede what official results show was a crushing defeat.
USDA cuts 2021/22 Turkish barley and wheat production estimates.
Russian President Vladimir Putin hopes to give the flagging support for the ruling United Russia party a pre-election boost by unveiling another big spending package on the social sphere and infrastructure ahead of the September 19 Duma elections.
The government in Ukraine has imposed sanctions on oligarch Dmytro Firtash for selling titanium to Russian defence sector enterprises at a time when Ukraine was de facto at war with its north-eastern neighbour.
The European Union has agreed on a broad package of sanctions on Belarus that target the latter's key sectors, including sanctions on the financial sector, and overcoming objections from Austria.
There is a confusion over the commitment of the Biden administration to military support for Ukraine after reports appeared over the weekend that a $100mn military aid package that includes lethal weapons had been suspended.