CAUCASUS BLOG: Brexit leaves EU’s Eastern Partnership stuck in limbo

Brexit might be the final nail in the initiative’s coffin, because the EU will be more concerned with its own survival rather than with keeping its neighbourhood in check.

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BEYOND THE BOSPHORUS: Turkey's real enemy is ISIS

Turkey is fighting at least two separate, incompatible wars. Unless the government gives all-out war against the Kurds a rest and concentrates on stopping ISIS, it's hard to see how Turks can sleep at night.

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MOSCOW BLOG: Putin closes the safety valve ahead of Duma elections

Russia's critical liberal media and social forums allowed the Kremlin's detractors to blow off steam in the past. But the president appears to be taking no chances as September's polls approach.

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COMMENT: Emerging Europe rides the Brexit roller coaster

Within Emerging Europe, the main victims of Brexit have been the equity markets and currencies of EU member states.

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STOLYPIN: Nato is a symbol that Russia is always an outsider

Nato is the club from which Russia – at least in its Putinist iteration – is forever barred.

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Meet the stoligarchs, Putin's pals who control a fifth of the Russian economy

Russian President Vladimir Putin uses a small group of state-sponsored oligarchs, or "stoligarchs", to directly control just over a fifth of Russia's GDP, while the rest of the economy is in the hands of the liberal reformers.

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ALACO DISPATCHES: Moldovan banking scandal casts a long shadow

New revelations about the affair raise questions over the government’s capacity to turn around the crisis-wracked economy

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Poroshenko cultivates ‘crony democracy’ in post-revolution Ukraine

Poroshenko promised to curb the influence of oligarchs and stop them using political leverage to gain advantages. Not only has he failed, but he has also been forced to make backroom deals with businessmen tied to ousted president Yanukovych.

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COMMENT: Russian Railways – the good, the bad and the ugly

Looking at the state behemoth’s steadily worsening results, the sacking of CEO Yakunin looks a lot less like mysterious Kremlin infighting and a lot more like long overdue financial prudence.

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Kazakh oil company sweetens offer for shares at UK unit

Poland and PZU licking their lips following Pekao stake sale

Uber driven out of Hungary

Kazakh oil company sweetens offer for shares at UK unit

KazMunayGas’ proposals have run into stiff opposition from independent directors at London-listed unit.

Poland and PZU licking their lips following Pekao stake sale

Polish officials leapt on July 13 in response to UniCredit's swift sale of a 10% stake in the country's second-largest bank Pekao. Warsaw made it more than clear it hopes to take the remaining controlling stake off the Italian group's hands.

Uber driven out of Hungary

Uber has announced it will suspend services in Hungary. The ride-sharing service company will quit the market on July 24, as new legislation allowing authorities to block sites offering illegal taxi services enters into force.

News

Protests persist over Belgrade Waterfront demolitions

Numbers down slightly at fifth rally over midnight demolitions, but protesters determined to keep pressure on government

Watchdog criticises new Moldovan media laws as Chisinau tries to curb Russian influence

OSCE says laws being considered by Moldova’s parliament breach international standards on media freedom

Slovenian finance minister Mramor unexpectedly resigns

Opposition urges government to call early elections after Mramor steps down for "personal reasons"

UniCredit completes sale of 10% stake in Polish unit Pekao

Italian banking group UniCredit announced on July 12 that it sold a 10% stake in Poland’s second largest bank Pekao via an accelerated book build.

Czech utility CEZ launches suit against Bulgaria

The Czech electricity group complains that Bulgaria has taken a "number of actions" that have damaged its business.

Protests persist over Belgrade Waterfront demolitions

Watchdog criticises new Moldovan media laws as Chisinau tries to curb Russian influence

Slovenian finance minister Mramor unexpectedly resigns

UniCredit completes sale of 10% stake in Polish unit Pekao

Czech utility CEZ launches suit against Bulgaria

More News >

Opinion

COMMENT: The time is right to invest in Russian commercial property

It's a great time for opportunistic investors to consider Russia, say market experts Tranio. Prices are 40% lower in US dollar terms, yields are about 10% and the economy has stabilised after the oil slump.

COMMENT: After years of crying wolf, West now has proof of Russia’s imminent economic collapse

Western analysts have been proclaiming the imminent implosion of Russia’s economy for more than a decade. Using financial reports from state behemoths like Russian Railways, Rosneft, Gazprom, Sberbank and VEB, they now have the proof.

ALACO DISPATCHES: Brussels struggling to end Macedonia's political impasse

Macedonia's Colourful Revolution on the streets of Skopje.

STOLYPIN: Better repressive laws in Russia than repression?

A set of laws are moving through the Duma that are being talked about as the most repressive ones seen in Russia to date. However, their real significance is rather as the next act in what I have called Putin’s “theatre of tyranny”.

THE KRUK REPORT: Europe is a dream for Ukraine and Brexit a nightmare

The consequences of the UK leaving the EU obviously will have a global impact and Ukraine will be one of the countries most affected by the decision, so it has the most reasons to be concerned.

COMMENT: The time is right to invest in Russian commercial property

COMMENT: After years of crying wolf, West now has proof of Russia’s imminent economic collapse

ALACO DISPATCHES: Brussels struggling to end Macedonia's political impasse

STOLYPIN: Better repressive laws in Russia than repression?

THE KRUK REPORT: Europe is a dream for Ukraine and Brexit a nightmare

More Opinion >

Data

Turkey’s current account deficit continues decline in May

Turkey's current account declined for the 10th straight month in May with the improvement once again driven by lower energy costs. The shortfall was larger than the market consensus forecast for a deficit of $2.7bn.

Nearly three quarters of Russians feel they have no influence over country, poll finds

Nearly three quarters of Russians feel that they have no ability to influence events in their country, up from 59% only two years ago, a poll by Moscow’s Levada-Center has found.

Hungarian auto sector's struggle to stabilise continues to impact industry

Following a turn of the year slowdown, Hungary’s industry sector continued its return to form in May, in unadjusted annual terms at least. However, in monthly terms output looks anything but solid as the auto sector continues struggling to stabilize.

Two opposition parties top Ukraine opinion polls

Ukraine’s Opposition Bloc party and Tymoshenko’s Batkivshchyna party would win a general election, polls show.

Polish deflation soldiers on in June

Poland's consumer price index dropped 0.8% y/y in June, statistics office GUS reported in a second reading on July 11.

Turkey’s current account deficit continues decline in May

Nearly three quarters of Russians feel they have no influence over country, poll finds

Hungarian auto sector's struggle to stabilise continues to impact industry

Two opposition parties top Ukraine opinion polls

Polish deflation soldiers on in June

More Data >

Features

Russian PM Medvedev proposes hiking income taxes for first time since 2000

Russian Prime Minister Dmitry Medvedev has dropped a mini-bombshell by announcing Russia will introduce a preferential income tax regime, but remained vague on when the new regime will be introduced.

INTERVIEW: IFC pushes the greening of Turkey’s cities

Promoting renewable energy and energy efficiency in hydrocarbon-poor Turkey is a core part of the IFC’s mandate, country manager Aisha Williams says.

Slovakia sends in ‘Dr Drucker’ to resuscitate ailing health system

Nominated by Prime Minister Robert Fico’s Smer party, Drucker largely got the job because none of the coalition parties wanted responsibility for untangling the mess.

Russia’s agricultural revival continues apace

Russian agricultural is flourishing as leading companies and the state pour money into the sector amid the sanctions that have cut food imports.

Azerbaijan's Anglo Asian Mining rides wave of high gold prices

High gold prices and lower costs could mean that 2016 will be AAM's first year in the black, provided it overcomes exploration challenges.

Russian PM Medvedev proposes hiking income taxes for first time since 2000

INTERVIEW: IFC pushes the greening of Turkey’s cities

Slovakia sends in ‘Dr Drucker’ to resuscitate ailing health system

Russia’s agricultural revival continues apace

Azerbaijan's Anglo Asian Mining rides wave of high gold prices

More Features >

Blogs

ISTANBUL BLOG: Will Erdogan’s overtures to Russia and Israel save Turkey’s economy?

Erdogan will shrug off criticism at home for making embarrassing foreign policy U-turns in a bid to restore deeply severed ties with Russia and Israel, as he is more focused on reaping the expected economic benefits.

VISEGRAD: Slovakia takes up the poisoned EU chalice

Slovakia takes over the rotating presidency of the Council of the European Union on July 1 at one of the most difficult times in the bloc’s history.

ISTANBUL BLOG: Is Brexit a curse or a blessing for Turkey?

The British vote to leave the EU raises some hard and complicated questions for Turkey’s EU relations and its bid to join the bloc.

CENTRAL ASIA BLOG: Mongolia's MPP wins landslide to save tanking economy

MPP returns to power with more than two-thirds of the seats in the legislature.

VISEGRAD: Post-Brexit scramble over EU agenda launched in Prague

The Visegrad states launched a bid to secure support from across the EU, as fears rise that a Franco-German axis plans to create a 'two-tier' Europe.

ISTANBUL BLOG: Will Erdogan’s overtures to Russia and Israel save Turkey’s economy?

VISEGRAD: Slovakia takes up the poisoned EU chalice

ISTANBUL BLOG: Is Brexit a curse or a blessing for Turkey?

CENTRAL ASIA BLOG: Mongolia's MPP wins landslide to save tanking economy

VISEGRAD: Post-Brexit scramble over EU agenda launched in Prague

More Blogs >

News

Numbers down slightly at fifth rally over midnight demolitions, but protesters determined to keep pressure on government

OSCE says laws being considered by Moldova’s parliament breach international standards on media freedom

Opposition urges government to call early elections after Mramor steps down for "personal reasons"

Italian banking group UniCredit announced on July 12 that it sold a 10% stake in Poland’s second largest bank Pekao via an accelerated book build.

The Czech electricity group complains that Bulgaria has taken a "number of actions" that have damaged its business.

Opinion

It's a great time for opportunistic investors to consider Russia, say market experts Tranio. Prices are 40% lower in US dollar terms, yields are about 10% and the economy has stabilised after the oil slump.

Western analysts have been proclaiming the imminent implosion of Russia’s economy for more than a decade. Using financial reports from state behemoths like Russian Railways, Rosneft, Gazprom, Sberbank and VEB, they now have the proof.

Macedonia's Colourful Revolution on the streets of Skopje.

A set of laws are moving through the Duma that are being talked about as the most repressive ones seen in Russia to date. However, their real significance is rather as the next act in what I have called Putin’s “theatre of tyranny”.

The consequences of the UK leaving the EU obviously will have a global impact and Ukraine will be one of the countries most affected by the decision, so it has the most reasons to be concerned.

Data

Turkey's current account declined for the 10th straight month in May with the improvement once again driven by lower energy costs. The shortfall was larger than the market consensus forecast for a deficit of $2.7bn.

Nearly three quarters of Russians feel that they have no ability to influence events in their country, up from 59% only two years ago, a poll by Moscow’s Levada-Center has found.

Following a turn of the year slowdown, Hungary’s industry sector continued its return to form in May, in unadjusted annual terms at least. However, in monthly terms output looks anything but solid as the auto sector continues struggling to stabilize.

Ukraine’s Opposition Bloc party and Tymoshenko’s Batkivshchyna party would win a general election, polls show.

Poland's consumer price index dropped 0.8% y/y in June, statistics office GUS reported in a second reading on July 11.

Features

Russian Prime Minister Dmitry Medvedev has dropped a mini-bombshell by announcing Russia will introduce a preferential income tax regime, but remained vague on when the new regime will be introduced.

Promoting renewable energy and energy efficiency in hydrocarbon-poor Turkey is a core part of the IFC’s mandate, country manager Aisha Williams says.

Nominated by Prime Minister Robert Fico’s Smer party, Drucker largely got the job because none of the coalition parties wanted responsibility for untangling the mess.

Russian agricultural is flourishing as leading companies and the state pour money into the sector amid the sanctions that have cut food imports.

High gold prices and lower costs could mean that 2016 will be AAM's first year in the black, provided it overcomes exploration challenges.

Blogs

Erdogan will shrug off criticism at home for making embarrassing foreign policy U-turns in a bid to restore deeply severed ties with Russia and Israel, as he is more focused on reaping the expected economic benefits.

Slovakia takes over the rotating presidency of the Council of the European Union on July 1 at one of the most difficult times in the bloc’s history.

The British vote to leave the EU raises some hard and complicated questions for Turkey’s EU relations and its bid to join the bloc.

MPP returns to power with more than two-thirds of the seats in the legislature.

The Visegrad states launched a bid to secure support from across the EU, as fears rise that a Franco-German axis plans to create a 'two-tier' Europe.

Selected articles from our premium news/views wire IntelliNews Pro

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