Uzbek president reportedly sidelines member of ruling triumvirate

bne IntelliNews April 27, 2017

Rustam Azimov was seen as the force behind proposed reforms following the death of President Islam Karimov last September.

European Commission launches infringement procedure against Hungary’s attack on university

bne IntelliNews April 27, 2017

Orban defends himself in front of European Parliament as EU ratchets up pressure on his "illiberal democracy".

Picture for media freedom increasingly bleak

bne IntelliNews April 26, 2017

Reporters Without Borders documents decline in press freedom around the world.

Mongolian Stock Exchange fights to retain position on frontier market watchlist

Kanat Shaku in Almaty April 26, 2017

GDP growth has slumped since the MSE was first placed on FTSE Russell frontier market watchlist at height of mining investment boom.

Belgrade protest march marks anniversary of Savamala demolitions

bne IntelliNews April 25, 2017

Anti-Vucic protesters join those still seeking justice for midnight demolitions in historic Belgrade neighbourhood.

Macedonia's interim government mulls new Eurobond issue

Valentina Dimitrievska in Skopje April 25, 2017

Skopje reportedly launches roadshow for potential issue, in move likely to further inflame tensions between interim government and opposition.

Fondul Proprietatea warns on corporate governance

Clare Nuttall in Bucharest April 25, 2017

Fund manager Greg Konieczny says interim appointments are "bad news" for Hidroelectrica and other companies, and will delay long-awaited IPO of hydropower producer.

Russia’s Gazprom secures €4.75bn financing for Nord Stream 2 pipeline

bne IntelliNews April 25, 2017

Deal securing 50% of project cost was closed with Engie, OMV, Shell, Uniper and Wintershall.

Blow for Nevsun in Macedonia as local residents vote no to gold digging

Valentina Dimitrievska in Skopje April 24, 2017

Gevgelija residents overwhelmingly vote against Canadian Nevsun Resources' plans to build gold mines after strong campaign by environmental groups.

The Romanian 8% dividend yield deal

Ben Aris in Budapest April 24, 2017

“Let me start by asking you a simple question: if you earn a 8% return on an investment per year is that a good investment?” asks the president of the Bucharest Stock Exchange Lucian Anghel. If the answer is 'yes' you should go to Romania.

Romanian high court rejects PSD leader's appeal against suspended sentence

Carmen Simion in Bucharest April 24, 2017

Ruling scuppers Liviu Dragnea's prospects of becoming prime minister and could result in a prison term if he is found guilty in a separate case.

Ahmadinejad excluded, Rouhani and Raisi set for showdown in Iranian elections

Will Conroy in Prague April 21, 2017

In striking down the wildcard candidacy of the hardline ex-president, Iran’s Guardian Council appears to have set up a two-horse race.

US banks led by Goldman Sachs gain in Russian capital markets revival

Jason Corcoran in London April 21, 2017

Fees from Russian dealmaking in equities, bonds, loans and mergers surged by 32% in the year to April 20 compared with the same period a year ago.

Rouhani and Raisi to contest Iranian election with Ahmadinejad disqualified

bne IntelliNews April 21, 2017

Guardian Council bars shock candidacy of ex-president, pitting moderate incumbent against hardline cleric seen as next Supreme Leader.

Moldovan court sentences "raider" Platon in connection to $1bn bank fraud

Iulian Ernst in Bucharest April 21, 2017

18-year sentence for Veaceslav Platon over money siphoned from Banca de Economii follows conviction of former Prime Minister Vlad Filat in 2016.

Ukrainian anti-graft agency detains ally of ex-PM Yatsenyuk and senior energy director

bne IntelliNews April 21, 2017

Detentions of former MP Mykola Martynenko and Naftogaz deputy chairman Serhiy Pereloma are latest high-profile criminal investigations by Ukraine's National Anti-Corruption Bureau.

Albania’s parliament fails to elect new president

Denitsa Koseva in Sofia April 20, 2017

Ruling Socialists declined to nominate candidate to replace President Bujar Nishani as opposition boycott of parliament continues.

Croatia’s neighbours join forces over Agrokor

bne IntelliNews April 19, 2017

Joint taskforce to monitor impact of debt crisis at Croatian conglomerate and mitigate impact on local economies.

Brno Uber ban should not be a precedent, says Czech minister

bne IntelliNews April 19, 2017

Czech court rules that Uber should obey city rules, just like any other taxi company.

Fifa struggling to find backers for Russia World Cup

bne IntelliNews April 19, 2017

Soccer federation has only half the number of sponsorship contracts it had before the 2014 tournament in Brazil.

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