Ukraine’s national gas company Naftogaz reported $443mn in profits for 2018, while its tax and dividend payments accounted for 19% of Ukraine’s government income.
Two-fifths of the Russian-German Chamber of Commerce's members plan to invest into Russia over the next 12 months.
Threat of wider Balkan trade war as trade minister says reciprocal measure will be taken against CEFTA states that impose barriers against Kosovan imports.
The decision has split the Council down the middle. Almost all of the western European members voted overwhelming to allow Russia back in. However, countries close to the Russian border voted against readmission.
Karyo Holdings, controlled by billionaire Mikhail Prokhorov, sold its entire 15.625% stake in Russian shoe producer and retailer Obuv Rossii (OR), the company said on June 26.
The Russian government will resume the support for Russian car market as of July 1 given declining demand and sales
Two weeks after the election period tumult he steps forward with order to help half million low-income borrowers repay bank sums. Says state assistance just short of billion dollars will eventually help more than 3mn people.
In other market news: Foreign press question story behind Moody’s surprise Turkey downgrade, BlackRock filing indicates stake increase in gold miner and fund considers selling shares in Domino’s Pizza operator.
Kyiv suspends participation in the European human rights organisation following the decision to readmit the Russian delegation.
New loan significantly simplifies the company’s previous financing arrangements, securing funding of its industrial portfolio over the mid-term.
Foreign investors find it "extremely difficult" to find an available and qualified labour force in the Czech Republic, which discourages them from investing, says EY M&A specialist.
German energy company E.ON offered to sell several assets to overcome the concerns of the European Commission over its bid for competitor Innogy’s network and retail assets.
Hits out at Trump administration’s “outrageous and idiotic” decision to impose sanctions on supreme leader and foreign minister. US president bristles, tweets threats of "obliteration".
Gulnara Karimova makes move after $1.2bn of her assets are reclaimed by Uzbekistan. Once known as the country’s “most hated person” and accused of massive telecoms and other corruption, she is languishing in jail with health problems.
Poland dropped the contested changes in December, but the European Commission pressed on with the case to enshrine in the EU’s legal order that any member state’s tinkering with the independence of the judiciary must be contained.
Electoral College weighs in on constitutional crisis after Albania's President Ilir Meta cancelled the local election, while Prime Minister Edi Rama insists it will go ahead.
A series of protests against the Czech Prime Minister Andrej Babis and his minority government culminated on June 23 with the biggest mass protest in Prague since the Velvet Revolution in 1989. More than 250,000 people gathered on Letna plain.
Ukraine celebrated its third Kyiv Pride with a record turnout of 8,000 people who marched through the capital despite violent threats from far right extremists who had also travelled to Kyiv to prevent the march.
Sensational victory for opposition's Imamoglu. How strongman president reacts to second humiliation now the question in earthquake for Turkish politics.
Kosovan president blames "hasty, uncoordinated and wrongful decisions" by officials in Pristina, which he says have damaged the country's standing with its international partners.