Southeast Europe / News

Austria agrees to lift veto on full Schengen accession for Bulgaria and Romania

Denitsa Koseva in Sofia November 22, 2024

Austria has pledged to lift its veto at the EU Council meeting in December, giving Bulgaria and Romania full membership of the border-free zone.

Romania's ruling coalition poised for election wins with hybrid strategy

Iulian Ernst in Bucharest November 22, 2024

PM Marcel Ciolacu is expected to take the presidency, while his PSD’s grand coalition with the PNL is set to secure another term in the general election.

Former minister and 10 others arrested over deadly Serbian railway station disaster

Tatyana Kekic in Belgrade November 21, 2024

Collapse of Novi Sad railway station canopy killed 15 people, sparking widespread protests in Serbia.

Croatian retailer Studenac launches €80mn IPO to fund expansion plans

Clare Nuttall in Glasgow November 21, 2024

IPO proceeds to fuel retailer's aggressive growth strategy, which includes opening new stores, acquiring competitors in Croatia and Slovenia and reducing its financial leverage.

Nationalist Simion, reformist Lasconi compete for a spot in Romanian presidential runoff

Iulian Ernst in Bucharest November 21, 2024

Prime Minister Marcel Ciolacu is the clear frontrunner in Romania’s presidential race, but the competition for second place remains open.

Serbian opposition leader arrested during blockade of historic Belgrade bridge

bne IntelliNews November 20, 2024

Pressure on the Serbian government has been mounting since the Novi Sad railway station disaster claimed 15 lives.

Bulgaria faces constitutional crisis as four attempts to elect parliament speaker fail

Denitsa Koseva in Sofia November 20, 2024

Bulgaria heading for its eighth general election since April 2021, with no end to the political crisis in sight.

Romgaz lists €500mn bond on Bucharest Stock Exchange

Iulian Ernst in Bucharest November 20, 2024

Bond issue is part of Romgaz’s strategy to raise €1.5bn for projects including the Neptun Deep offshore gas field.

Finland’s Terveystalo reportedly eyeing €1bn acquisition of Romania’s Regina Maria

Iulian Ernst in Bucharest November 20, 2024

Romania's private healthcare market has garnered increasing attention from international investors.

Protestors block Serbian courthouse over deadly roof collapse

Tatyana Kekic in Belgrade November 19, 2024

The roof collapse at Novi Sad railway station on November 1 claimed 15 lives, with critics blaming systemic corruption and poorly executed renovations.

Moldova’s government replaces three ministers in cosmetic reshuffle

Iulian Ernst in Bucharest November 19, 2024

Reshuffle promised by President Maia Sandu to tackle public discontent with pro-EU administration falls short of expectations.

Candidate quits Romanian presidential race in last minute attempt to unify centre-right

Iulian Ernst in Bucharest November 19, 2024

Ludovic Orban’s decision to step aside likely too late to prevent division of centre-right vote among multiple candidates, benefitting far-right politician George Simion.

Watchdog warns Western Balkan banks are conduits for money laundering

bne IntelliNews November 19, 2024

Criminal networks are exploiting banks and other financial institutions across the Western Balkans to move illicit money across borders, says a report by the Global Initiative Against Transnational Organized Crime.

Moldova calls out new Russian ambassador for propaganda

Iulian Ernst in Bucharest November 18, 2024

Foreign ministry denies envoy’s claim Moldova is economically dependent on Russia, pointing out that over 65% of exports now go to the EU.

Croatian health minister sacked after arrest in corruption probe

bne IntelliNews November 15, 2024

EPPO says Vili Beros was involved in scheme to secure lucrative contracts for medical robotic devices at inflated prices.

Montenegro probes suspected plot to assassinate President Milatovic

bne IntelliNews November 14, 2024

Security stepped up after secret service reveals plot allegedly organised by an ex-army officer from an unnamed neighbouring country.

Russian consulate that was closed for espionage continues to work secretly in Bulgaria's Varna

Denitsa Koseva in Sofia November 14, 2024

Consulate revealed to still be working secretly at the premises of the pro-Russian Bulgarian Socialist Party.

Erdogan says Turkey and Elon Musk could work together on tech

bne IntelliNews November 13, 2024

Turkish president hopes to capitalise on his relationship with rising star of the second Trump administration.

PPF mulling bid for United Group's telecom assets in Southeastern Europe

Albin Sybera November 13, 2024

United Group’s telecoms assets in southeastern Europe have been put up for a potential sale.

Russia, Turkey and Iran condemn Israel's actions in Syria

bne Tehran bureau November 12, 2024

Russia, Turkey and Iran have adopted a joint statement on Syria at the Astana format meeting, condemning Israeli military actions in Gaza, Lebanon and the West Bank.

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