Chisinau-based artist Stefan Esanu gives concrete form to the 10% of GDP siphoned off from three Moldovan banks.
Competition is already fierce among Iranian-owned hard discounters.
Sector consolidates in 'M&A frenzy' sparked by regulatory changes.
Russia’s telecoms companies are at war as competition for customers gets intense. Easily the most sophisticated part of the Russian economy, the sector still has some catching up to do with Western Europe - but not much.
Curiously, there was no mention at all at the AgroFarm conference of the ambitious mega-project to build the biggest dairy farm in the world in China to supply Russia.
Kazakhstan should not count on traditional economic growth drivers to rescue its struggling oil-based economy, but must carry out structural reforms to compete with regional rival Uzbekistan.
Richter illustrates the potential of Hungary’s first-rate pharmaceutical sector, which many in the industry, including Richter’s CEO, expect to become the key driver of the Hungarian economy.
Ukraine has struggled to put in place the reforms demanded by its Western donors, but the one area where progress has been almost revolutionary is in the banking sector. Progress is good but the sector is still far from healthy.
Renegotiating the customs union, though far less controversial than the process that would end with Turkey actually joining the EU, is still likely to entail difficult decisions for both sides that could derail any agreement.
As the anti-corruption protests in Romania continue to grow, bne IntelliNews provides a guide to the decree at the heart of the controversy, the main players and their agendas.
Romania is experiencing its own version of Ukraine’s Maidan popular revolution. Mass protests have gone from calling for the cancellation of a decriminalisation decree to demands for the government to resign.
Demonstrations to continue despite Prime Minister Grindeanu's backtracking on controversial ordinance.
While the sovereign issue did help Kazakh corporate bonds already in circulation in London and elsewhere, its impact on new corporate bond issuance was limited due to the poor domestic and global economic climate.
Fintech start-ups are flourishing across Central and Eastern Europe, from Russia to Turkey, though Poland is probably the furthest ahead in establishing itself as the most important regional hub.
There have been some positive developments in the CEE markets for distressed debt in the years since 2008, which have combined to open up new opportunities for intrepid investors.
Lukashenko has long played the mid-ground between traditional ties with Moscow and likely windfalls from better relations with the EU. But economic hardship and sovereignty jitters will soon require tough choices.
Investors have rushed into the post-sanctions-era Islamic Republic. Can Donald Trump still feasibly slam the door?
As the broad brushstrokes of the landmark deal to normalise relations between Serbia and Kosovo give way to the nitty-gritty of reaching consensus on specific issues and implementing those deals, previously overlooked flaws are being revealed.
Donald Trump’s rise to power and confrontational first days in the White House has reinvigorated the calls for “revolution” from the populist governments in Poland and Hungary.
Register for free to read bne IntelliNews Magazine. You'll receive a free digital subscription.
Already a subscriber or registered - click here to recover access.
If you a IntelliNews Pro user - click here to login.
Thank you. Please complete your registration by confirming your email address.
A confirmation email has been sent to the email address you provided.
IntelliNews Pro offers daily news updates delivered to your inbox and in-depth data reports.
Get the emerging markets newswire that financial professionals trust.
"No day starts for my team without IntelliNews Pro" — UBS
Thank-you for requesting an IntelliNews Pro trial. Our team will be in contact with you shortly.