News

Calls for Czech spy chief and interior minister to resign as STAN corruption scandal widens

bne IntelliNews August 16, 2022

Newly appointed head of intelligence Karel Mlejnek admits knowing accused STAN party sponsor but says this has already been cleared by investigators.

Kazakhstan: What next for restive mining village?

Artyem Sochnev for Eurasianet August 16, 2022

Eurasianet’s correspondent in northern Kazakhstan has been following a dispute between a small town and its main employer, which appears to be heading for the exit.

Romanian energy companies report hike in profits

Iulian Ernst in Bucharest August 16, 2022

Two major Romania energy companies — natural gas and electricity producer Romgaz and nuclear power company Nuclearelectrica — have reported sharp hikes in their profits for the first half of 2022.

Albania steps in to help Kosovo avoid electricity rationing

Valentina Dimitrievska in Skopje August 15, 2022

Kosovo's energy companies had planned restrictions on power use as the coal-dependent country faces a crisis in the energy sector.

Tajikistan: Pamiri activists imprisoned en masse

bne IntelIiNews August 15, 2022

Few defendants appear able to get legal representation.

Czech ANO party maintains strong poll lead

Robert Anderson in Prague August 15, 2022

However, French prosecutors are now looking into allegations of tax evasion over Babis' purchase of a luxury property there that were revealed in last October's Pandora Papers leak.

Hungary secures increase in Russian gas supply

bne IntelliNews August 15, 2022

Under the agreement, an extra 2.6mn cubic metres per day of gas will arrive in Hungary’s south from the TurkStream pipeline up until the end of August.

China's CATL to build €7.34bn battery plant in Hungary

bne IntelliNews August 15, 2022

The Hungarian government is seeking to attract the world's leading EV battery producers and suppliers to diversify dependence on traditional vehicle manufacturing.

Bosnia's Republika Srpska seeks stronger economic ties with Russia

Iulian Ernst in Bucharest August 14, 2022

New trade opportunities expected for Republika Srpska after Bosnian Serb politicians block imposition of sanctions over Ukraine invasion.

Estonia and Latvia pull out of China-CEEC cooperation format

Linas Jegelevicius in Vilnius August 14, 2022

The CEEC platform, which was once called the 17+1, now has 14 members plus China.

Moody’s downgrades Turkey to six notches below investment grade

Akin Nazli in Belgrade August 13, 2022

Increasingly unorthodox policies from Erdogan administration unlikely to restore macroeconomic stability, says rating agency.

Gunman kills 11 people in Montenegro after family conflict

bne IntelliNews August 13, 2022

Gunman randomly shot passers-by on the street including children before being shot dead by police.

bneGREEN: Germany’s nuclear crunch challenges green future

Richard Lockhart in Edinburgh August 12, 2022

Support for nuclear power has surged in Germany as the government ponders how to keep the lights and heating on this winter while meeting demand from industry, despite likely vastly reduced imports of Russian gas.

Entain buys Croatia’s SuperSport as it expands into Emerging Europe

bne IntelliNews August 12, 2022

LSE-listed Entain acquires Croatian gaming and sportsbook operator SuperSport Group in a deal that values the company at €920m.

Government claims three quarters of foreign companies in Russia are still working

Ben Aris in Berlin August 11, 2022

The Kremlin has now banned companies in the financial, fuel and energy sectors from leaving the country.

Moldova says it won't be able to make next payment to Gazprom

bne IntelliNews August 11, 2022

Failure to make the up-front payment may result in disruption of gas supplies in the first days of September.

Russia resumes oil supplies to Slovakia and Hungary but imports to Czechia remain halted

bne IntelliNews August 11, 2022

Hungary's MOL group pays for Transneft's transit fee to Ukrtransnafta, ending cut-off caused by 'administrative glitch'.

US charges Iran operative with plotting to kill former Trump hawk John Bolton

bne IntelIiNews August 10, 2022

Justice officials say it was probable that Shahram Poursafi was attempting to avenge US killing of Iranian ‘Shadow Commander’ Qasem Soleimani.

Ukraine will receive $5.5bn in support from the US later this month

Dominic Culverwell in Berlin August 10, 2022

The United States is to send Ukraine financial assistance totalling $5.5bn. This includes $4.5bn for urgent budgetary needs and $1bn in military support.

John Malkovich to turn Skopje into Hollywood of the Balkans

Valentina Dimitrievska in Skopje August 10, 2022

Actor who calls himself a “son of the Balkans” plans to set up film and music studios in North Macedonia’s capital to shoot Hollywood-calibre movies.

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