First budget in three decades without a deficit drafted for next year — but critics say it will be amended after this autumn's general election.
The central bank affirmed its accommodative monetary stance, adding that downside risks to inflation strengthened amid the worsening external economic environment and decelerating domestic inflation.
Tirana invites bids for feasibility study for new airport on Albania's Adriatic coast as it prepares to find a new construction company to take on the project.
Implies that US president is interested in a photo opportunity, but that Tehran is not. Quips that White House can use Photoshop.
PM Viorica Dancila looks likely to lose her position in an imminent no-confidence vote, but there is not yet a new parliamentary majority to take over.
US president hints he might support oil-backed letter of credit to get Iranians “over very rough patch” caused by American sanctions. Says his “gut” tells him his counterpart will want to meet “to get this situation straightened out”.
Move follows conglomerate’s recent disposal of 41% in construction equipment leasing services company Temsa Is Makinalari and May sale of buses and light trucks maker Temsa.
VTB has been hoovering up assets in the grain export sector and now controls about a fifth of the business.
Bulgaria could adopt the European single currency as early as January 2023, says the international rating agency.
President Dodon says the 2013 concession contract for Moldova's only international airport is being reviewed and should be cancelled.
More than 700 enterprises were shuttered amid country’s dire economic straits. Meanwhile, NPLs made to tourism industry climbing. Hoteliers complain of low per capita spending by foreign tourists.
Should more polls confirm the dent in PiS’ popularity, the ruling party might face not winning an outright majority — which it enjoys now — in the general election due on October 13.
The Uzbek stock market is about to get a boost from a new law that will ease restrictions on the foreign ownership of bank shares that make up the bulk of trading on the exchange.
Ukraine’s President Volodymyr Zelenskiy added his voice to those of major European economies in opposing a proposal from US President Donald Trump to allow Russia back into the Group of Seven (G7) advanced economies.
Capital Economics anticipates a slowdown in credit growth as Hungary's central bank is expected to gradually tighten monetary policy and raise rates.
Lira hit as critics sense weakened strongman Erdogan is intent on pumping up short-term growth.
Five-percent restriction on rate movement cancelled with rates to “now be determined by the buyers and sellers”.
2013 concession of Chisinau airport to a “group of crooks” must be investigated, says President Igor Dodon, after re-sale of the airport’s operator to financier Nat Rothschild.
Social Democrats' new nominee to head the culture ministry, former foreign minister Lubomir Zaoralek, has the support of President Zeman.
An outbreak of Legionnaires’ disease linked to a Bulgarian hotel and a freak accident on an “extreme” waterslide have raised doubts among British holidaymakers about the Southeast European destination.