Turkish dollar bonds recover to highest levels in three months, but analysts warn country’s economic fundamentals still make it the most exposed emerging market to external shocks.
Overheating risks are building in the Romanian economy, Capital Economics analysts warned on November 6 after the Romanian central bank decided to keep its policy rate at 2.5%.
EU anti-fraud office reported "established system of organised fraud" in Hungarian public lighting contracts awarded to company once owned by PM's son-in law, but Hungarian prosecutors said they found no evidence of criminal offence.
Eurotorg (aka Euroopt) was due to be floated on the London Stock Exchange in what would have been the small northern republic’s first ever IPO but postponed the offering blaming poor market conditions.
Russia calls measures illegitimate, while EU makes frustratingly slow progress in creating SPV to shield trade with the Iranians.
A long list of yachts, Picasso paintings, mansions, factories and other assets were bought with the $5.5bn looted from the country’s largest bank Privatbank.
DIA seeks to reassure the population which was shaken over the summer by rumours the government was planning to forcibly convert their dollar savings into rubles.
Move intensifies fears that hardline US sanctions regime could lead to food and medicine shortages in Iran.
Russia's Ministry of Agriculture will more than double the state support to domestic winemakers to RUB3bn ($45mn) in 2019 up from RUB1.4bn in 2018, Interfax reported citing the deputy minister Oksana Lut.
Ukraine’s state-owned gas monopolist Naftogaz's worst fears of losing its Russian gas transit business could come true after the Nord Stream 2 gas pipeline comes online in 2019
The Eurobond was issued as bridge financing to get the government through its repayments schedule this autumn.
Analysts see country as going through a brutal downturn and worry Erdogan administration will relent on monetary and fiscal discipline.
As state TV airs pictures of military manoeuvres, president vows to confront “bullying enemy” and overcome economic attack.
Only other candidate, Serik Konakbayev, a well-known Soviet-era boxer from Kazakhstan, may ask for a 'rematch' in bid to preserve sport's prestige.
Documents apparently buried for over a year and discovered by chance revealed links between PSD leader Liviu Dragnea and Tel Drum, a construction company under investigation for suspected EU funds fraud.
The attack on the 33-year-old activist touched a nerve in Ukraine, where killings of civil rights and anti-corruption figures have become increasingly common.
Hungary's vehicle sector has been the main target for investors in the country, who have received generous cash subsidies and tax breaks.
A successful bid would require billions of euros to be spent on building new stadiums and improving transport infrastructure.
No exceptions made for shipments of basic foods and medicines in big sanctions announcement. LOL?
Move sharpens interest in how relations between Yerevan and the Kremlin might evolve if post-revolution “people power” coalition secures expected landslide.