News

€511.3mn of funds for roads in Bulgaria spent on luxury properties, interior minister says

Denitsa Koseva in Sofia June 9, 2022

Minister Boyko Rashkov outlines large-scale corruption schemes the day after ITN quit the ruling coalition amid spat over funding for road construction.

China hectors Central Asia to steer clear of big power politics

Joanna Lillis for Eurasianet June 9, 2022

Foreign Minister Wang Yi used a visit to Central Asia to talk about the United States. But his counterparts wanted to talk business.

Mystery aircraft crosses four Southeast European states

Iulian Ernst in Bucharest June 9, 2022

Unidentified aircraft ignored radio contact on route across Hungary, Romania and Serbia before landing in Bulgaria, where an investigation is underway.

War and pandemics see Emerging Market capital outflows of $5bn in May

Ben Aris in Berlin June 9, 2022

Emerging Market securities suffered an outflow of $4.9bn in May 2022, according to estimates by the Institute of International Finance (IIF), continuing the episode started two months ago after Russia’s invasion of Ukraine shook the world.

Czech president appoints more dovish central bank board members

bne IntelliNews June 9, 2022

Zeman appoints three new board members – replacing two that could have been reappointed – transforming the balance of central bank.

Claims Ukrainian grain shipped from Crimea to Turkey could test Ankara-Kyiv relations

bne IntelIiNews June 9, 2022

“Primary contracts are signed with Turkey,” says head of Moscow-installed military-civilian administration in occupied areas of Zaporizhzhia.

Bosnia and Montenegro attend Open Balkan summit but Kosovo shuns event

Valentina Dimitrievska in Skopje June 8, 2022

North Macedonia's PM Dimitar Kovacevski says doors to Open Balkan, founded to improve regional economic co-operation, "remain open" to all Western Balkan states.

Merkel condemns the “barbaric” war in Ukraine in her first public comments

bne IntelliNews June 8, 2022

Former German Chancellor Angela Merkel has condemned Russia’s “barbaric” war in Ukraine in her first public comments since leaving her post earlier this year.

Bulgaria’s ruling coalition ruptures

bne IntelliNews June 8, 2022

PM Kiril Petkov vows to continue as head of minority government after ITN announces it is quitting Bulgaria's ruling coalition.

Kyrgyzstan: Prosecutors use 2010 ethnic unrest as cudgel against government opponents

Nurbek Bekmurzaev for Eurasianet June 8, 2022

Activists are bewildered by how the government has chosen to revisit the events of 2010 in this way.

Moldova brings in US federal prosecutor as new anti-corruption chief

Iulian Ernst in Bucharest June 8, 2022

Appointment of Moldova-born assistant US attorney Veronica Dragalin may mark a turning point for Moldova's sluggish and often controversial justice reforms.

Ukraine war puts Bosnian Serb secession plans on ice

bne IntelliNews June 7, 2022

MPs in Republika Srpska vote to delay withdrawal from Bosnian state-level institutions, seen as a step towards the entity's potential succession.

Iran points finger at Saudi Arabia, Turkey amid sandstorm crisis

bne IntelIiNews June 7, 2022

More than a dozen ‘SDS’ occurrences have shut down big cities across the Gulf region in recent weeks.

Kazakhs vote to confirm removal of Nazarbayev’s grip on power

Nizom Khodjayev in Nur-Sultan June 7, 2022

President Tokayev promotes referendum result as ending “super-presidential” rule. Some activists say it does nothing of the kind.

KLA veterans try to storm Kosovan parliament

bne IntelliNews June 6, 2022

Veterans angry at being left out of minimum wage increases tried to force their way into the parliament.

US sanctions two top Bosnian politicians over threats to region’s stability

bne IntelliNews June 6, 2022

US accuses Bosnian Federation President Marinko Cavara and Republika Srpska Health Minister Alen Seranic of pursuing ethnonationalist and political agendas “at the expense of the democratic institutions and citizens”.

Turkey scrimps on detail in explaining how May’s inflation is ‘only 73.5%’

Akin Nazli in Belgrade June 5, 2022

Gone are the average prices recorded for each item in the CPI basket. ENAG contends inflation is 161%.

Czech authorities tighten rules for Ukrainian refugees

bne IntelliNews June 5, 2022

The Czech Republic is starting to show strains over how to cope with the slowing but continued influx of Ukrainian refugees into the country.

Controversial Bulgarian cultural centre in North Macedonia set on fire

Valentina Dimitrievska in Skopje June 5, 2022

Arson attack on centre named after a Nazi collaborator complicates efforts to mend relations between Sofia and Skopje and unblock North Macedonia's EU path.

Albania’s chief of defence set to become next president

bne IntelliNews June 4, 2022

Ruling Socialists prepare to elect their pick for president, Major General Bajram Begaj, with opposition MPs threatening a boycott.

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