News
Planned constitutional amendments rock Georgia’s political boat
Proposals for radical constitutional amendments continue to divide society as consultation period approaches its end.
Czech political crisis leaves populist billionaire confronting potential rainbow coalition
The ruling CSSD was the clear loser from the recent political crisis, according to a new poll, while its coalition partner Ano expanded its lead to close to 20 points.
Arena Hospitality Group raises €106mn in Croatia’s biggest post-crisis IPO
First IPO by a Croatian tourism company to finance Arena's upgrade plans and expansion in CEE region.
Political uncertainty looms over appointment of Ukraine’s new central bank governor
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.
IBA's restructuring plan expected to be approved, says Moody's
Azerbaijan government tries to force creditors to share losses from insolvent bank's open currency positions.
Chisinau mayor detained on suspicion of corruption
Probe into city parking scheme reopened after mayor Dorin Chirtoaca's party opposed changes to Moldova's electoral system.
Russia’s Otkritie uses London bank as collateral for €250mn loan
Analysts are incredulous after London unit’s post-tax profit slumped last year by almost 50% to $30mn.
Romanian flag carrier Tarom reports losses amid claims of “sabotage” by new CEO
Tarom last posted a profit in 2007 and recently lost its leading position on the local market to low-cost carrier Blue Air.
Debt-crippled Mongolia finally gets $5.5bn IMF-led bailout
Financial aid package intended to help Mongolia address its crippling debts and push through reforms.
Question mark over Turkish deputy PM Simsek's future if Erdogan drives for growth
Ex-Merrill Lynch economist may not fit in easily if Turkish president shifts economic management focus from fiscal discipline to stimulating economic expansion.
Ukrainian prosecutors raid ex-PrivatBank execs and firms suspected of €9bn fraud
Lender is suspected of providing multi-billion credits to related parties in 2008-2016, including using refinancing funds obtained from the central bank.
Former Romanian tourism minister and ex-president's daughter indicted in corruption case
Former minister Elena Udrea and Ioana Basescu indicted in case concerning financing for Traian Basescu's 2009 presidential election campaign.
EU opens probe over Slovak aid for JLR car plant
Slovakia offered the maximum permitted incentives of €125mn to Jaguar Land Rover to win the €1.4bn investment.
New law to allow Romania’s “port oligarchs” to cash in
Private port operators to benefit from minimal rents at Romanian ports for the next decade if proposed law is adopted.
Long serving Uzbek central bank chief dies at 67
Death of Fayzulla Mullajanov comes while the Uzbek government is working on a new plan to liberalise the currency market.
Azerbaijan's IBA angers creditors with debt restructuring plan
Senior creditors owed $2.4bn can exchange the bank's debt for long-term state bonds, with the option of taking a 20% haircut if they want a higher interest rate.
Macedonian special prosecutor asks to freeze VMRO-DPMNE assets
Former Prime Minister Nikola Gruevski named as primary suspect in new investigation into illegal party financing.
Croatia's HDZ in stronger position to form new government after local election victory
PM Andrej Plenkovic to start talks on new government after May 21 local elections, following HDZ's split from coalition partner Most.
Former Serbian ombudsman forms new political movement
Sasa Jankovic's movement seen as the start of a stronger opposition to PM and president elect Aleksandar Vucic, whose SNS dominates Serbia's political scene.
Macedonia’s SDSM launches talks on formation of new government
SDSM leaders hold meetings with Macedonia's ethnic Albanian parties as they prepare to form government after decade in opposition.
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.