Russia

Russia’s Otkritie uses London bank as collateral for €250mn loan

Jason Corcoran in London May 26, 2017

Analysts are incredulous after London unit’s post-tax profit slumped last year by almost 50% to $30mn.

CONFERENCE CALL: The only way is nukes

Tim Gosling in Prague May 24, 2017

Without sea or sun, additional nuclear capacity is the only route to decarbonise Central Europe’s power sector, proponents insist.

KYIV BLOG: Ukraine goes overboard with Russian internet bans

Nick Allen in Warsaw May 21, 2017

Critics argue the restrictions violate freedom of speech and will be unenforceable.

CONFERENCE CALL: Europe slowly wakes up to Russian disinformation threat

Nicholas Watson in Prague May 19, 2017

While some fret Europe is not doing enough to counter Russian disinformation, others express concern at the STRATCOM Summit 2017 that focusing on this allows Moscow to set the agenda.

Russia's non-oil deficit falling but not far or fast enough

Ben Aris in Berlin May 18, 2017

Oil was the key factor in Russia’s budget income and since prices collapsed in late 2014 the non-oil component is more important. Oil's share remains about half of GDP but the non-oil deficit is still too high.

Vodka oligarch steps up Stolichnaya brand fight with Kremlin

Jason Corcoran in London May 17, 2017

Yuri Shefler's more than decade-old struggle for iconic vodka ownership rights resumes in the Netherlands.

STOLYPIN: The US-Russian “axis of emptiness”

Mark Galeotti of the Institute of International Relations Prague May 15, 2017

It is hard to see any real mileage in this relationship because neither side can offer the other what they would want.

COMMENT: Putin's main weakness is voters' passivity

Natalia Antonova in Moscow May 15, 2017

The euphoria that occurred when Crimea was annexed has passed, and the pendulum of the public mood could now swing sharply in the opposite direction.

Xi throws Chinese might behind One Belt, One Road initiative

Clare Nuttall in Bucharest, Kivanc Dundar in Istanbul, Tim Gosling in Prague, Kanat Shaku in Almaty May 15, 2017

Beijing is investing a massive $124bn into the global project to invest into infrastructure and trade networks across four continents.

CEE'S TOP BUSINESS LEADERS: Eastern Europe and Eurasia

bne IntelliNews May 12, 2017

Our look at which business leaders really matter in each CEE/CIS country, ranked by our correspondents not just on wealth but on influence.

Businesswomen seek a seat at the top table

Clare Nuttall in Bucharest May 11, 2017

The fall of communism has been followed by successive backlashes against feminism, the latest inspired by the election of populist rightwing governments.

Russians lose showdown at EBRD AM

Ben Aris in Nicosia May 10, 2017

Russia had already twice requested that the EBRD resume lending, but this was the first time it had appealed to the board of governors that make up the EBRD's shareholders.

PROFILE: Mikhail Fridman, chairman of Alfa Group

Ben Aris in Berlin May 10, 2017

The banking and telecoms tycoon outplayed many of his peers on his way to the top and has now been able to take much of his fortune outside Russia.

EBRD kicks off annual meeting with panel on women in the green economy

Carmen Valache in Nicosia May 10, 2017

Training women in science and technology to give them access to the green job market would reduce shortfall of skilled workers in emerging energy sectors.

Political instability and China are the main risks to growth, says EBRD's Guriev

Ben Aris in Nicosia May 10, 2017

Sergei Guriev backs Alexei Kudrin's reform plan in Russia and warns over economic shocks to Central Asia from China.

CFA tries to raise financial awareness in emerging markets

Liam Halligan in Prague May 10, 2017

CFA Institute managing director Gary Baker talks to bne IntelliNews about winning back trust for the financial services industry and developing the sector's human capital.

Russia set to remain out in the cold at EBRD

Jason Corcoran in London May 9, 2017

The development bank is accelerating the winding up of its Russian portfolio, which shrank by 30% last year.

MOSCOW BLOG: Russia must reform now or face stagnation

Ben Aris in Berlin May 5, 2017

There is a historic battle going on among Kremlin intellectuals over Russia’s perennial question: What’s to be done? Should the country prudently husband its financial resources or borrow heavily and stimulate via investing?

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