Eastern Europe / News

A Pew poll finds conservative attitudes still rule in CEE

Ben Aris in Berlin June 22, 2017

A poll by Pew Research found that attitudes to both democracy and homosexuality remain very conservative in Central and Eastern Europe (CEE), including among the young.

Ukraine sees "strong support" from US, Poroshenko says after Trump meeting

bne IntelliNews June 21, 2017

President says US to continue backing Ukraine's reforms, as well as its sovereignty, territorial integrity and independence.

Russia places $3bn Eurobonds to high demand

bne IntelliNews June 21, 2017

Demand flies in face of current US moves to significantly broaden Russia sanctions imposed in 2014.

Floodgates open for Al Breach hedge fund as profits quadruple

Jason Corcoran in Moscow June 21, 2017

Emerging market investment start-up posted a profit of £1.378mn ($1.75mn) last year compared with £361,171 in 2015.

Russia’s Rosatom selling 49% in $20bn Akkuyu nuclear project to Turks

bne IntelliNews June 19, 2017

Russian state atomic energy corporation set to sign preliminary deal to sell stake in nuclear project Turkey badly needs to cut costs of imported energy.

Russian stocks hammered by new US sanctions law

Ben Aris in Berlin June 16, 2017

Russian stock market immediately sold off by 1.7% on the approval of new US sanctions and took the index to its lowest level this year.

Construction workers abused at Russia's World Cup stadiums, rights watchdog claims

bne IntelliNews June 15, 2017

Conditions faced by workers at stadiums being built to host the championship come under harsh scrutiny in a new Human Rights Watch report.

US Senate approves tougher Russia sanctions

bne IntelliNews June 14, 2017

Legislation receives broad bipartisan support despite Secretary of State Rex Tillerson's call for "flexibility" in Russia policy.

Global recruiter Antal International buys back its Russian firm

Jason Corcoran in Moscow June 14, 2017

Russian market ripe for return after three years in the doldrums, says CEO Tony Goodwin.

Russia dominates CEE region in global university ranking

Nicholas Watson in Prague June 13, 2017

Emerging markets are starting to feature more prominently on the QS World University Rankings, with Russia's top five universities all advancing more than 10 places on the latest index.

More than 1,500 arrested in nationwide Russian anti-Putin protests

Jason Corcoran in Moscow June 12, 2017

Alexei Navalny detained again by police as opposition leader builds on success of March protests.

EU seeks a hard power boost

Tim Gosling in Prague June 12, 2017

Officials insist enhanced EU defence co-operation should focus on terrorism and is not a reaction to the way President Trump has cast doubt over Nato guarantees.

Ukraine peace prospects remain dim despite Merkel's efforts

Sergei Kuznetsov in Kyiv June 9, 2017

Frozen conflict likely as international plan to end Donbas fighting fails to find impetus.

Global recruiter Antal returns to Russia via acquisition

Jason Corcoran in Moscow June 9, 2017

CEO Tony Goodwin says recruiting giant is close to completing acquisition of major local operator.

Banking convergence returns to Central and Eastern Europe, says RBI

Robert Anderson in Prague June 9, 2017

The banking downturn is over, with profitability surging last year, according to the lender's annual CEE Banking Report.

Putin calls for development of Russia's digital economy

Vladimir Kozlov in St Petersburg June 2, 2017

President calls for new legislation for introduction of digital technology in all spheres, with a special focus on information security of government, business and citizens.

Ukraine claims victory against Russia's Gazprom in Stockholm arbitration

bne IntelliNews June 1, 2017

Tribunal rejected Gazprom’s ‘take-or-pay’ claim and satisfied demand of Ukraine's Naftogaz to make contract price market-reflective.

Dutch parliament ratifies EU-Ukraine free trade and association deal

bne IntelliNews May 30, 2017

Ukrainian leadership hails passage of trade pact despite alleged obstruction by "contaminated Kremlin".

Political uncertainty looms over appointment of Ukraine’s new central bank governor

Sergei Kuznetsov in Kyiv May 26, 2017

President Poroshenko needs a candidate who is acceptable to Kyiv’s Western backers, able to secure parliament's support in the Ukrainian parliament, and is loyal to Poroshenko himself.

Russia’s Otkritie uses London bank as collateral for €250mn loan

Jason Corcoran in London May 26, 2017

Analysts are incredulous after London unit’s post-tax profit slumped last year by almost 50% to $30mn.