Germany’s Bundestag parliament has failed to pass a bill that would have helped shield the controversial Nord Stream 2 gas pipeline project from recent amendments to the EU’s gas directive.
Klaus Iohannis seen heading for victory in the runoff in two weeks time, which will reinforce the new government headed by the centre-right PNL.
Eliminating obstacles to the free movement of people, goods, services and capital will facilitate trade and investment in the Western Balkans — but the primary goal of all three countries is EU accession.
Presently Turkish banks only permitted to sell NPLs to fellow domestic banks or country’s asset management firms. Hungry outsiders might place bids if Ankara opens market to investors looking to securitise the loans.
The President of Turkmenistan Gurbanguly Berdymukhamedov was in Italy this week for an Italian – Turkmenistan business forum took in Milan on October 7, to woo investors and diversify the economy
Sunday’s vote will determine whether incumbent Klaus Iohannis faces recently dismissed prime minister Viorica Dancila or Dan Barna who represents the “new” centre-right against Iohannis’ old guard in the second round.
Its been a good week for Russian stocks as the dollar denominated Russia Trading System index hit 1,471 as of November 7, its highest level in six years, and the ruble denominated Moscow Exchange Index crossed above 3,000 for the first time.
Outperformers: Turkcell, Ford Otosan, Coca Cola Icecek, Ulker, Anadolu Cam, Enerjisa.
Grand infrastructure project got off to a less than auspicious start, hitting the share price of Turkish Airlines in the process.
Chinese investors might be interested in the flying car of Slovak designer Stefan Klein, as the Slovak News Agency learned at this year's China International Import Expo opened on November 5 in Shanghai.
PPF Group of Czech billionaire Peter Kellner reported net profit growth of 160% year-on-year to CZK14.6bn (€573mn) in 1H19, compared to CZK5.6bn (€220mn) the company earned in 1H18
Big question mark whether strongman Erdogan is ‘welcome’ on international debt markets following Syria invasion.
Ukraine's natural gas monopoly Naftogaz has raised $500mn via a seven-year Eurobond, the company said in a statement on November 5.
The ruling is yet another blow to the ruling right-wing populists from PiS who came to power in 2015 with promises of overhauling the judiciary.
Orders for the International Investment Bank's latest issue amounted to more than RON500mn and the final book showed a very diversified investor base represented by 18 institutional investors.
PNL leader to head a heterogeneous coalition of MPs, and will face problems gathering the necessary support for each and every step he wants to take, particularly if it involves a vote in parliament.
Most proceeds to finance outstanding eurobonds that formed first ever infrastructure paper issued by a Turkish company.
Western Europe is rapidly sliding into recession, but after a five-year-long boom, Central Europe is holding out.
The mayoral race in the Moldovan capital became a fight between the pro-Russian and pro-EU halves of the ruling coalition.
EP Global Commerce Group (EPGC) of Czech billionaire Daniel Kretinsky and Slovak investor Patrik Tkac increased their share in German retailer Metro AG to 29.99% by acquiring 7.3% of Haniel ́s shares, becoming Metro ́s largest shareholder