Two major Romania energy companies — natural gas and electricity producer Romgaz and nuclear power company Nuclearelectrica — have reported sharp hikes in their profits for the first half of 2022.
Kosovo's energy companies had planned restrictions on power use as the coal-dependent country faces a crisis in the energy sector.
New trade opportunities expected for Republika Srpska after Bosnian Serb politicians block imposition of sanctions over Ukraine invasion.
Increasingly unorthodox policies from Erdogan administration unlikely to restore macroeconomic stability, says rating agency.
Gunman randomly shot passers-by on the street including children before being shot dead by police.
LSE-listed Entain acquires Croatian gaming and sportsbook operator SuperSport Group in a deal that values the company at €920m.
Failure to make the up-front payment may result in disruption of gas supplies in the first days of September.
Actor who calls himself a “son of the Balkans” plans to set up film and music studios in North Macedonia’s capital to shoot Hollywood-calibre movies.
Kremlin responds that plant would obviously be target for its missiles.
Often criticised for his soft stance on Moscow, President Zoran Milanovic claims sanctions are hurting Croatia but not Russia.
Albin Kurti claims Russia contributed to recent standoff between Kosovo and Serbia, and fears new wars could break out in Moldova and the Western Balkans.
Mindful of Turkey’s own economic and strategic interests—and his poor re-election prospects—the Turkish leader met his Russian counterpart in Sochi.
Serbia’s Aleksandar Vucic and Kosovo’s Albin Kurti to meet after Pristina’s decision not to recognise Serbian ID documents escalated tensions.
Suspicions President Rumen Radev picked new cabinet to bring Bulgaria back into the Russian orbit.
Inflation reached 31.8% in June and the outlook is gloomy as energy price hikes have yet to be fully passed through to consumer goods prices.
US said to be wary of Nato member country turning into an anything-goes bolthole for Russians looking to shield business and assets from Western sanctions.
Ukrainian grain has finally left the port of Odesa for the first time since Russia’s full-scale invasion, NV Ukraine reported on August 1.
Extreme heat and droughts across several European countries have led to forecasts for this year’s harvests being reduced.
Without a government in place Bulgaria risks failing to complete reforms needed to unlock EU funds and launch urgent measures to ease inflationary pressure on households
Towards a billion dollars said to have been splashed out on failed amusement park that Erdogan said was a “symbol of pride” for all of Turkey.