News

Opposition activist Navalny arrested as thousands protest ahead of Russian presidential elections

Ben Aris January 28, 2018

Anti-corruption blogger and opposition activist Alexei Navalny was arrested by riot police as he walked to join nationwide protests against the upcoming presidential elections.

Zeman wins Czech presidential election

Robert Anderson in Prague January 27, 2018

Former premier has urged the Social Democrats to back billionaire populist Andrej Babis in forming a government, something that could happen at the party’s congress next month.

Zeman tipped to win in Czech presidential run-off

Robert Anderson in Prague January 25, 2018

Eve-of-election TV debates may be key in tight race between populist president and pro-EU professor Drahos who warns incumbent could drag the country east.

Russian holidaymakers pre-booked a record number of summer vacations in Turkey

bne IntelliNews January 25, 2018

The boom is partly driven by 20%-30% discounts operators are offering to drum up business.

Russia’s VTB has lost control of the post bank project

bne IntelliNews January 25, 2018

Now VTB and the post office’s parent company Pochta Rossii own the bank on a parity basis with 50% minus 1 share.

Macedonia to make concessions to Greece as it tries to resolve name dispute

Valentina Dimitrievska in Skopje January 24, 2018

PM Zoran Zaev promises to rename Skopje's Alexander the Great airport as the two sides move closer to a deal that could unlock Macedonia's accession to the EU and Nato.

The fall in Russian interest rates is snowballing

Ben Aris in Berlin January 24, 2018

Russian banks have been cutting their commercial interest rates to keep up with plummeting inflation

Legitimate crops to replace cannabis on Albania's "marijuana mountain"

bne IntelliNews January 24, 2018

The government wants to help new agribusinesses in Europe's former cannabis capital Lazarat, which has fallen on hard times since a crackdown on drug cultivation in 2014.

M&A in Emerging Europe fell 17% in 2017 to €71.5bn, according to CMS/EMIS report

bne IntelliNews January 24, 2018

China becomes biggest foreign dealmaker in the region, making €7.7bn of acquisitions, up 78%.

Buyback to clear way for London IPO of Kazakhstan’s NC KazMunaiGas

bne IntelliNews January 24, 2018

Extraordinary meeting strongly endorses move to purchase GDRs held in KMG Exploration and Production subsidiary by mainly international investors.

Strabag complains about “unusually low prices” in rival’s bid to build Peljesac bridge

bne IntelliNews January 24, 2018

Controversy erupts over Croatian decision to select a consortium led by China Road and Bridge Corporation to build the bridge for €274mn.

Iranian forex traders sit on hard currencies as rial sinks to new low

bne IntelliNews January 23, 2018

Central bank chief warns speculators they face painful losses if they pile into a big bet on further depreciation.

English court rejects Moldovan investor's request to appeal $500mn ruling in favour of Kazakhstan

Iulian Ernst in Bucharest January 23, 2018

Anatol Stati has taken steps to enforce the ruling in Swedish and Dutch jurisdictions, where assets of the Kazakh state have been appropriated, but Astana is seeking to reverse the ruling in the UK and the US.

Hungarian prosecutors start inquiry into PM son-in-law's company

bne IntelliNews January 23, 2018

Investigation by EU anti-fraud office Olaf finds street lighting contracts were riddled with irregularities.

Iran's Revolutionary Guard ordered to sell off parts of financial empire

bne IntelliNews January 22, 2018

Military force which accounts for massive part of national GDP told to sound the retreat in business, but sceptics doubt anything much will happen soon.

Ukraine outgoing central bank governor urges parliament, president "to let her go at last"

bne IntelliNews January 22, 2018

Valeria Gontareva, the outgoing governor of the National Bank of Ukraine (NBU), has urged the country's parliament and president to "let her go at last."

Russia's government-subsidised mortgages come to rescue of the construction sector

Filip Brokes in St Petersburg January 22, 2018

The Russian government has allocated RUB600bn to offer subsidised mortgages to young families

Czech presidential election neck and neck, according to opinion polls

Robert Anderson in Prague January 22, 2018

Run-off between Milos Zeman and Jiri Drahos likely to be decided by TV duels.

Iranian Revolutionary Guard to fight drought with cloud-seeding drones

bne IntelliNews January 21, 2018

Expensive weather modification programme authorised as country contends with driest winter in more than 30 years.

Greeks weigh into Macedonia name dispute with mass protest in Thessaloniki

Valentina Dimitrievska in Skopje January 21, 2018

Macedonia must change its name, was the message of rally that drew over 50,000 Greeks, highlighting the challenges Skopje faces as it tries to strike a deal with Athens and progress towards EU membership.

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