European Union leaders reached agreement on a massive stimulus plan for the bloc’s economies in the early hours of July 21, after almost five days of intense talks.
Jozsef Varadi is expected to receive €533,000 in bonus payments on top of a base pay package is €2.8mn per year, despite the airline laying off staff and making use of the UK government's furlough scheme this spring.
According to the allegations, Georgia allowed a shipment of Serbian rocket launchers destined for Armenia to transit its territory.
Acts of civil disobedience across the country added to nightly mass protests. Opposition politician Hristo Ivanov likens developments to the toppling of the communist regime in 1989.
Between 5,000 and 10,000 gathered in Minsk to support opposition presidential candidate Svetlana Tikhanovskaya, wife of arrested blogger Sergei Tikhanovsky. The other former opposition candidates have rallied behind her against incumbent Lukashenko.
The so-called frugal states led by the Netherlands set conditions for the approval of the €750bn recovery fund to revive Europe's ailing economies. They want money to be withheld from countries that fail to live up to democratic standards.
Other developments include Baku threat to Armenian nuclear power station, Turkey pledging clear backing for “brother” Azeris and Russian military exercises.
The Hague-based Specialist Prosecutor’s Office indicted Thaci and other politicians for crimes against humanity and war crimes during and after the 1998-1999 independence war.
Protesters accuse PM Boyko Borissov of being dependent on opposition DPS party that has become a symbol of high-level corruption. Far-right NFSB leader talks of government actions “serving” DPS chairman of honour Ahmed Dogan.
Flag carrier, low-cost airline and airport passenger data show extent of ongoing impact of coronavirus crisis.
Regulator has fined 20+ banks and financial institutions 330mn lira for transactions seen as contrary to orders during pandemic. Erdogan administration determined to step up credit-fuelling of already fragile economy.
PAS and PPDA might oust Ion Chicu's government but there is no combination of compatible parties that could form a new majority in the current parliament. The only certain outcome is that the challenge will strengthen President Dodon's position.
Negative real bank deposit rates and exchange rate uncertainties driving trend.
Boyko Borissov withdraws demand for ministerial resignations as they fail to appease protesters. Mass demonstrations pushing for Borissov and his government to go continue for eighth night.
MPs vote to install Kyrylo Shevchenko as head of the National Bank of Ukraine, but question of whether he will maintain the central bank’s independence remains open.
The EU is supporting the economic recovery in all member states by injecting almost €2.2bn into 140 key transport projects, including the Baltics’ two premier Rail Baltic railway projects.
Voters reward SDSM for progress towards EU accession, but with such a narrow lead over opposition VMRO-DPMNE forming a new government will be difficult.
Boyko Borissov seeks to calm tensions — and save his government — by jettisoning ministers for finance, economy and the interior.
Protests were sparked by the barring of two opposition candidates — considered the strongest challengers to incumbent President Alexander Lukashenko — from the presidential ballot.
Trade balances are improving in most emerging markets but Turkey is a notable exception, warns the IIF.