Top Centre Party official suspected of corruption in Tallinn real estate scandal

bne IntelliNews January 13, 2021

Scandal threatens to refocus public attention on the party's chequered history and further damage its already diminished popularity.

Sackings at Romania’s financial markets regulator after new chief pledges clean-up

Iulian Ernst in Bucharest January 13, 2021

Nicu Marcu was appointed by the parliament with a mandate to clean up the ASF after media reports of irregularities and conflicts of interest.

Akbank takes over Istanbul's Palladium Atasehir shopping mall

Akin Nazli in Belgrade January 12, 2021

Lender said to be negotiating acquisition of a second shopping centre in Turkey’s commercial capital.

Lukashenko: I am no enemy of the people

Ben Aris in Berlin January 12, 2021

Belarusian President Alexander Lukashenko has but one friend in the world and, in his own words, that person is Vladimir Putin, he told famous Russian reporter Nailya Asker-Zade.

Georgia’s political kingpin Bidzina Ivanishvili quits politics

Iulian Ernst in Bucharest January 12, 2021

"I deem my mission to have been accomplished,” says billionaire Georgian Dream leader, but adds that “it is heartbreaking” that the country does not have a “constructive opposition”.

Armenia’s PM cautions conflict with Azerbaijan “still not settled” after trilateral meeting with Putin

bne IntelIiNews January 12, 2021

Nikol Pashinian nevertheless agrees to Armenian, Azerbaijani, Russian working group to unblock regional economic and transport links.

Heavy flooding causes chaos in parts of Southeast Europe

bne IntelliNews January 11, 2021

Dozens of people have been evacuated from their homes in Albania and Kosovo, while emergency situations were declared in parts of Bulgaria and Serbia.

OUTLOOK 2021 Hungary

bne IntelliNews January 11, 2021

Prime Minister Viktor Orban faces a difficult year as his mismanagement of the pandemic and the struggling economy combine to damage Fidesz's popularity.

Fears of authoritarianism as Kyrgyz populist wins landslide and backing for ‘Khanstitution’

Nizom Khodjayev in Almaty January 11, 2021

Sadyr Japarov benefited “from disproportionate financial means and misuse of administrative resources, resulting in an uneven playing field” say OSCE election observers.

Serbia to launch talks with IMF on new reform programme

bne IntelliNews January 10, 2021

Serbia weathered 2020 better than its regional peers and did not approach the IMF for financial support during the coronacrisis, opting instead to tap the domestic and international markets.

German state creates foundation to circumvent US sanctions on Nord Stream 2

bne IntelliNews January 10, 2021

German state of Mecklenburg-Vorpommern seeks to create foundation to execute purchases of necessary materials for completion of Nord Stream 2, thus avoiding imminent further US sanctions.

Hungarian government remains silent after Capitol riots

bne IntelliNews January 8, 2021

Opposition leaders question whether Prime Minister Viktor Orban would also refuse to concede power peacefully and whether there are any checks and balances left to stop him.

Russia, Kazakhstan pushing for oil production increases on the back of coronavirus vaccine-fuelled oil price optimism

Ben Aris in Berlin January 8, 2021

Russia and Kazakhstan won a concession from OPEC to increase production in the coming months at the expense of the Kingdom of Saudi Arabia, which remains concerned that the second wave of the coronavirus pandemic will depress demand in 2021.

Turkish hotels in fire sale

Akin Nazli in Belgrade January 6, 2021

Reports of “panic” in virus-devastated tourism industry with hotel owners worried they’ll lose their businesses to the banks.

Kyiv accuses Bosnian President Dodik of lying about icon gifted to Russian foreign minister

bne IntelliNews January 6, 2021

Moscow returned the 300-year-old icon after Ukrainian officials warned it could have been stolen by mercenaries in the Russian-occupied Ukrainian city of Luhansk.

World Bank expects modest recovery for Europe and Central Asia in 2021

bne IntelliNews January 6, 2021

Recovery hinges on an effective rollout of coronavirus vaccines, averting further surges in cases that would threaten a rise in social and geopolitical tensions.

Hungarian opposition parties sign symbolic agreement on future government

bne IntelliNews January 6, 2021

Agreement sets out principles of joint governance and foundation of a detailed government programme.

Korea deploys destroyer as Iran seizes tanker and enters war of words with Israel

bne IntelIiNews January 5, 2021

Tehran vows “decisive response” to any Israeli action against its scaled up nuclear programme. New worries surface that Donald Trump plans to spark conflict with Iranians.

Vast tide of floating waste threatens Balkan hydropower plants

bne IntelliNews January 5, 2021

Tens of thousands of cubic meters of waste are floating on the Drina river and its tributaries as the countries in the river basin — Bosnia, Montenegro and Serbia — have failed for years to upgrade their waste management systems.

Slovenia’s opposition to file no-confidence motion against Jansa government

bne IntelliNews January 5, 2021

Both the opposition and some members of the ruling coalition are unhappy with what has been dubbed the “Orbanisation” of Slovenia since Janez Jansa came to power in March 2020.