Southeast Europe / News

Erdogan lashes out at Germany, Nato, says "God willing" he'll have Russian missiles soon

bne IntelliNews July 25, 2017

Turkish president’s fresh outburst towards the West and appetite for Russian defence hardware poses the question of whether Ankara might accelerate a political realignment.

Rio Tinto to speed up giant Serbian lithium project

bne IntelliNews July 24, 2017

Global mining group signs memorandum with Belgrade on project to develop world-class deposits of lithium-borate in Serbia’s Loznica, as growing use of electric cars pushes up demand for lithium.

Cumhuriyet journalists’ trial seen as test of Turkey’s press freedom begins

bne IntelliNews July 24, 2017

Reporters, editors, columnists and cartoonists accused of using “assymetric war methods” against Erdogan say they were arrested for asking the “wrong” questions.

Schaeuble: Erdogan “jeopardising centuries-old” German-Turkish partnership

bne IntelliNews July 24, 2017

Further strong words from the German finance minister as Ankara shows signs of nervousness that Berlin’s new approach to Turkey could have significant economic consequences.

Bulgaria prepares for battle over land sales to foreigners

Dimitar Koychev in Sofia July 23, 2017

The European Commission has threatened to refer Bulgaria to the EU Court of Justice unless it allows foreign citizens to purchase Bulgarian agricultural land without any restrictions.

Bosnia’s ruling coalition collapses

Denitsa Koseva in Sofia July 22, 2017

Long-standing disagreements between leaders of rival Bosniak parties bring down multi-ethnic coalition, spelling further uncertainty for Bosnia.

"Crisis with Germany temporary," says Turkish economy minister but war of words worsens

bne IntelliNews July 21, 2017

Ankara government attempts to put brake on rapidly worsening tensions but Germany's Schaeuble aggravates Erdogan with comparison to the old communist East Germany.

Bulgarian prosecutors charge 18 over Corpbank collapse

Dimitar Koychev in Sofia July 21, 2017

Corpbank was Bulgaria's fourth largest lender until a bank run in 2014 deprived it of liquidity, and a later audit revealed a capital hole of almost €2bn.

"Cosmetic" Turkish cabinet reshuffle signals no major policy shifts

bne IntelliNews July 20, 2017

Deputy PM Mehmet Simsek, a favourite with investors, keeps his place as economic management team retained, but no major surprises in country entering second year of state of emergency.

Berlin hits Ankara with 'Tread carefully' warnings for German visitors, firms

bne IntelliNews July 20, 2017

Germany's foreign minister and business chambers respond to latest detentions with statements that will worry Turkey's already struggling tourism industry and unsettled investment enviroment.

Moldova's new electoral law ignites street protests

bne IntelliNews July 20, 2017

Opposition politicians believe the new law will prevent them from gaining parliament seats in future elections.

Russia's Gazprom reportedly hurries the second stage of Turkish Stream unilaterally

bne IntelliNews July 19, 2017

Russian gas giant has reportedly started construction work on the second stage of the Turkish Stream pipeline before the final deal is approved by Ankara.

Montenegrin court freezes Italian A2A's shares in EPCG

Denitsa Koseva in Sofia July 19, 2017

Court ruling blocks A2A's plans to exercise put option to exit its 41.7% stake in Montenegrin power monopoly.

Ljubljana, Agrokor face off over Mercator retail chain

bne IntelliNews July 18, 2017

Ljubljana challenges crisis managers in attempt to protect local retail chain Mercator against fallout from Agrokor debt crisis.

Slovenia to sue European Commission as Teran wine dispute escalates

bne IntelliNews July 18, 2017

Slovenian agriculture minister says decision to allow Croatian wine producers to use the Teran name under certain conditions "opens Pandora's box" for other protected designations of origin to be challenged in the EU.

Albania clears ammunition caches 20 years after mass violence

bne IntelliNews July 18, 2017

Abandoned ammunition left over from the Cold War poses a grave threat to human life in Albania, and helped turn the country into an arms trafficking hotspot.

Turkey's EU affairs minister visits Brussels for talks as tensions between the two worsen

bne IntelliNews July 18, 2017

Turkey’s EU Affairs Minister Omer Celik is visiting Brussels for official meetings and to attend a consultative committee meeting

Wildfires hit Croatia and Montenegro’s Adriatic coast

Akin Nazli in Belgrade July 18, 2017

Croatia's second city Split threatened by fires, as Montenegro is forced to evacuate Lustica peninsular.

Turkey extends emergency rule for another three months

bne IntelliNews July 18, 2017

President President Recep Tayyip Erdogan has extended the state of emergency in Turkey for the fourth time claiming it necessary to help him crack down on the "Gulenist" network

Turkey dismisses thousands of people from duty on eve of coup anniversary

bne IntelliNews July 17, 2017

The Turkish government issued a decree dismissing 7,348 people from their posts who were alleged to have links with the coup plotters, on the day before the anniversary of the coup.