100% import tariffs on goods from Serbia and Bosnia have pushed consumer prices up in Kosovo, but politicians’ claims they would help local producers were never realised, think tank GAP finds.
Opposition protesters fight police with Molotov cocktails, defying international calls to refrain from violence. Political crisis threatens to derail EU integration process.
Tehran says attacks are “worrisome and dreadful”. Iranian MP says “saboteurs from a third country who seek instability in the region” could be the guilty party.
More market jitters on report that Treasury may tap central bank reserves to borrow 40bn lira as government budget deficit is deeper than expected. OMFIF op-ed says Erdogan’s mishandling of currency crisis heightens probability of Ankara default.
Leading Russian online job search portal HeadHunter completed its IPO on NASDAQ, on May 9 placing 16.3mn ADRs or 32% of capital at $13.5 per ADR, the upper range of price guidance. The shares of the newcomer jumped by 24% at the start of trading
Public lenders reportedly sold $1bn on May 9 and overnight to curb latest bout of depreciation. Officials have been up to no good for months, but it’s gone unreported.
Two centre-right economists lead the polls ahead of Sunday's vote, as Prime Minister Saulius Skvernelis trails in third place.
Orban's close associate Lorinc Meszaros is ranked second on list that also includes PM's son-in-law Istvan Tiborcz and Istvan Garancsi, the owner of the premier's favourite football team.
Tehran has given Europe 60 days to help protect its oil and banking industries from Trump sanctions.
Long prison sentences issued for Democratic Front leaders and the Russians prosecutors said masterminded the failed 2016 coup attempt.
Yields on Turkish global bonds jumped as political tensions over the upcoming re-run of the mayoral election in Istanbul gave investors the jitters. Raiffeisen International analysts see the central bank as in danger of losing control of the market.
New strategy based on nuclear and renewable energy aims to cut greenhouse gas emissions by as much as 85% compared to 1990 levels by 2050.
New units at Cernavoda NPP to help Romania boost energy security and cut emissions by reducing reliance on coal power.
April was a poor month for bond issues in Central and Eastern Europe as the two biggest markets – Russia and Turkey – were both suffering from political problems that depressed demand.
All-in cost will be Libor+250bp and Euribor+240bp.
There has been yet another shake up at Russia’s state-owned gas behemoth Gazprom, as the company attempts to improve efficiency and cut down on wasteful spending.
President resorts to what some will see as Orwellian doublespeak, claiming step necessary “to strengthen democracy”. Some opponents talk of his “civilian coup”. Reports say predecessor planning new party.
Russian bank VTB is relocating business lines and bankers from its London unit to Frankfurt after losses from its London unit tripled
Budapest opened talks on rescheduling the Russian loan for the Paks expansion when it became clear that the new blocks would not start operations in 2025-2026 as originally planned.
Sanctions on steel plant in rebel republic reportedly lifted after appeal from Moldovan PM Pavel Filip.