Eastern Europe / News

Sberbank’s flight from Ukraine points way for Russian lenders to follow

Jason Corcoran in London March 28, 2017

Russia’s largest bank has been wracked by protests and vandalism from Ukrainian nationalists since it decided to recognise documents from Kremlin-backed separatist regions in East Ukraine.

Russia turns its eyes and wealth to the Arctic

Vladimir Kozlov in Moscow March 27, 2017

Russia's government will invest €3.4bn in developing its Arctic reaches in the next three years, while state-run Rosneft is waiting with even larger sums to tap the region's 34bn tonnes of oil equivalent.

Belarusian authorities detain hundreds in ‘Freedom Day’ marches

bne IntelliNews March 26, 2017

Crackdown follows weeks of low-level detentions and fining of protesters in Belarus.

Dozens of activists and "militants" arrested before Belarus protests

bne IntelliNews March 24, 2017

Dozens more people arrested in Belarus in what the KGB security service says were raids conducted against armed insurrection plot.

Poroshenko blames Russia for assassination of Putin critic in Kyiv

bne IntelliNews March 23, 2017

Ukrainian president says shooting was an "act of state terrorism".

Investigation reveals flow of up to $80bn through “Russian Laundromat”

Iulian Ernst in Bucharest March 21, 2017

Funds channeled from Russian companies to offshore firms with help from corrupt Moldovan judges.

Belarus: moderate repressions in response to moderate anti-government protests

Sergei Kuznetsov in Minsk March 17, 2017

Anti-government protests that broke out in several Belarusian cities in the past few weeks now seem to be losing momentum.

Ukraine's suspended tax chief released from jail on €3.5mn bail

bne IntelliNews March 17, 2017

"Test case" for Ukrainian justice sees temporary release of tax chief during investigation for alleged corruption.

McCain accuses fellow US senator of working for Putin after Montenegro vote blocked

Denitsa Koseva in Sofia March 16, 2017

Montenegro's Nato accession is becoming a test case for the new relationship between the US and Russia.

Ukraine imposes trade blockade of pro-Russian territories in Donbas

bne IntelliNews March 15, 2017

Kyiv will officially shut down transport routes to the Donbas after an abortive attempt to disrupt a weeks-old unofficial blockade.

Ukraine prepares sanctions against Russia's state-run banks

Vladimir Kozlov in Moscow March 15, 2017

Move follows Sberbank's decision to recognise IDs issued by separatist authorities in eastern Ukraine.

Apple Russia found guilty of price fixing on iPhones

bne IntelliNews March 15, 2017

Ruling is latest turn of the screw on foreign tech and internet majors found to be in breach of Russian consumer law and data storage requirements.

Ukraine law enforcers detain dozens of armed participants of Donbas blockade

bne IntelliNews March 14, 2017

Government moves to break weeks-long blockade that caused acute shortages of anthracite coking coal and undersupply to power plants in the national grid.

Belarus uses carrot and stick tactics to quell unemployed tax protests

bne IntelliNews March 14, 2017

Detention and sentencing of peaceful protesters contradicts Belarus's declared policy of democratisation, says EU.

Abkhazia’s ex-President Ankvab rattles ruling party by taking parliament seat

Carmen Valache in Lund March 14, 2017

Ankvab received death threats after returning from exile in Russia to run in parliamentary election.

The iconic Lada is back as Russia’s best-selling car

Ben Aris in Berlin March 10, 2017

The iconic Lada is back as Russia’s best selling-car in February as cash-strapped Russians trade down to cheaper models.

Putin and Erdogan hail restored relations after 2015 rift

Ben Aris in Berlin March 10, 2017

Turkey and Russia were on the brink of war after the Turkish military shot down a Russian bomber in 2015. Two years later, presidents Putin and Erdogan were fawning over each other and a new era of relations at talks in Moscow.

Chisinau accuses Russia of hindering money laundering investigations

Iulian Ernst in Bucharest March 10, 2017

PM Pavel Filip claims Moldovan officials harassed by Russian security services as they probe $22bn laundered through Moldinconbank

Erdogan plays the ‘Growler’ in missile talks with Putin

Will Conroy in Prague March 8, 2017

Turkish interest in Russia's S-400 surface-to-air missile system may be a bluff to win Western defence deals.

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