Finance minister advised to hold up photo and say, “This is how favourable the investment environment in Turkey is.”
Growth reflects improved purchasing power, with Romania outpacing major economies in the region – and even some Western European countries – in per capita spending on clothing and footwear, says new Colliers report.
Move comes as US downgrades its role in Nato defence of Europe and concern grows over how Russia is racing ahead in weapons manufacturing.
Russian tourists are increasingly booking trips to Europe, with a sharp rise in hotel reservations for Spain, France and Italy, according to leading online travel aggregators.
Cyclical industries across Europe are in danger from the economic slowdown sweeping Europe, Goldman Sachs warned in a note on February 4. They were already reeling from years of a polycrisis, but now President Trump is threatening a trade war.
For so many survivors, it is proving impossible to move on and find closure.
The European automotive sector has been grappling with declining sales and growing competition from China, leading to significant restructuring efforts.
Steep US tariffs on the EU or a sudden cut in support for Ukraine are the major downside risks for the region, says new wiiw report.
The number of deals in Central and Southeast Europe rose in 2024 but aggregate deal value fell by 31%, finds law firm CMS.
What is in store for Southeastern Europe in 2025? bne IntelliNews’ annual OUTLOOK: Southeastern Europe 2025
For some leaders in Central and Southeast Europe, the new Trump presidency is seen as a opportunity; for others it’s a challenge to navigate carefully.
Tens of thousands of people joined protest against cancellation of presidential election, which thwarted far-right candidate Calin Georgescu’s presidential ambitions.
What is in store for Turkey in 2025? bne IntelliNews’ annual OUTLOOK: Turkey 2025
Majority state-owned Russian company Gazprom discontinued its gas supplies to Moldova on January 1, saying Moldova failed to pay its bills.
Russia was accused of interfering in Romania’s presidential election November 24 presidential election that saw far-right and pro-Russian outsider Calin Georgescu storm to a shock first round victory. An investigation found otherwise.
Prize could be huge for Ankara and Damascus if the Syrian fighting is really over.
Allegations of interference surround recent elections in Bulgaria, Georgia, Moldova and Romania.
Corridor Vc has been portrayed as a panacea for Bosnia’s economic woes, but local residents say it threatens their hard-won peace and prosperity.
wiiw report warns lower investment trend could continue as Central and Eastern Europe's role as a production hub for Western companies is waning.