News

Czechs to cut number of Russian diplomats in Prague to same as they have in Moscow

bne IntelliNews April 23, 2021

Prague expels 63 staff from Russian Embassy as tit-for-tat expulsions escalate.

Russia withdraws troops from Ukraine’s border

Ben Aris April 22, 2021

Russia’s Defence Minister Sergei Shoigu says the military exercises along Ukraine’s border have been completed and has ordered all the troops back to barracks, starting on April 23 and being completed by May.

Navalny rally disappoints on a low turnout

Ben Aris in Berlin April 22, 2021

As Russian President Vladimir Putin was at the lectern giving his annual State of the Nation speech on April 21 crowds began to gather on the central square in Vladivostok to answer the Team Navalny call for nation-wide demonstrations.

Czechs give ultimatum to Russia to let expelled diplomats return to Moscow

bne IntelliNews April 22, 2021

Prague threatens to cut Russian Embassy to just five diplomats in escalation of the country's worst row with Moscow since the Velvet Revolution.

Outrage in Armenia as Azerbaijan’s Aliyev threatens force to secure land corridor

bne IntelIiNews April 21, 2021

Analyst says comments meant for domestic audience as well and that there are no credible military threats to “back up rhetoric” reminiscent of “Saddam Hussein”.

Socialist Party worker shot dead ahead of Albanian general election

bne IntelliNews April 21, 2021

One person was killed and four others injured in a shooting in the city of Elbasan, four days before Albanians vote in the April 25 general election.

Montenegro spent €25mn to help politicians and magistrates buy property

Denitsa Koseva in Sofia April 21, 2021

Officials say previous governments gave out apartments and loans to magistrates and political figures at a total cost of around €25mn.

Russian forestry firm Segezha announces IPO price range, strong results

bne IntelliNews April 21, 2021

Russia’s leading timber and paper group Segezha Group set the price range for its upcoming IPO on the Moscow Exchange (MOEX) and announced strong results for the first quarter of this year on April 21.

Moody’s says Bulgaria, Croatia and Romania have chance to be the main winners from EU’s post-crisis funding

Iulian Ernst in Bucharest April 21, 2021

However, rating agency says the potential for the three Southeast European states to make “full and timely use” of the EU funding is “relatively low”.

Hungary’s media freedom continues downward slide

bne IntelliNews April 21, 2021

Since 2013 Hungary has slid 36 places, and it now lags behind countries like Albania and Moldavia, according to Reporters Without Borders.

Bosnia’s Republika Srpska prepares to issue €350mn of debt in London

Eldar Dizdarevic in Sarajevo April 20, 2021

Issue to help Bosnia’s smaller entity to cover its budget deficit after Bosnia failed to secure a new IMF agreement, but concerns raised over hike in indebtedness.

EU downgrades its estimate of Russian troops on Ukraine’s border to 100,000 but tensions remain high

Ben Aris in Berlin April 20, 2021

The European Union has downgraded its estimate of the number of Russian troops from 150,000 to 100,000, after European Union's top diplomat Josep Borrell admitted he had made a mistake at a press conference on April 19.

PM scandalises Bulgarians by wearing skimpy shorts to present new government

Denitsa Koseva in Sofia April 20, 2021

With little chance of getting cabinet headed by Gerb’s Daniel Mitov approved, attention focussed on Borissov’s leg injury and scanty attire.

Strong hopes Georgia's political crisis is over after EU brokered agreement

Iulian Ernst in Bucharest April 20, 2021

Way paved for release of opposition leader and electoral and judicial reforms.

Bulgaria’s outgoing government under scrutiny over sudden hike in budget deficit

Denitsa Koseva in Sofia April 19, 2021

Bulgaria reported a consolidated budget deficit of €335.7mn in the first quarter of 2021 and will have to borrow to patch the gap later this year.

Team Navalny pulls the trigger on the next big demonstration scheduled for April 21

bne IntelliNews April 19, 2021

Supporters of jailed anti-corruption activist and opposition politician Alexei Navalny called for the next big anti-government demonstration on April 21, the same day as Russian President Vladimir Putin gives a State of the Nation Speech.

Samolet see EBITDA up by half despite the coronacrisis

Ben Aris in Berlin April 19, 2021

Since Russian residential developer Samolet Group listed on the Moscow Exchange (MOEX) in October last year with a valuation of $721mn a lot has happened. Surprisingly most of it has been good.

Will Belarus merge with Russia this week?

Ben Aris in Berlin April 19, 2021

Social media was buzzing with speculation after Belarus' President Alexander Lukashenko said that he was going to announce a “principled” decision of the last quarter century this week on April 17.

Navalny close to death as Kremlin attempts to ban his group as extremist

Ben Aris in Berlin April 19, 2021

Jailed anti-corruption activist and opposition politician Alexei Navalny is close to death as he goes into his 19th day of a hunger strike in prison and the Russian authorities try to ban his organisation as "extremist."

Azerbaijan fires info war salvo against Russia

Joshua Kucera for Eurasianet April 18, 2021

After previously denying it, Azerbaijan now says that Armenia fired Russian-made rockets during last year’s war. And now they’re trying to make things difficult for Moscow.

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