Show of strength by ruling party amid power struggle with President Klaus Iohannis over the future of Romania's anti-corruption directorate.
The Albanian lek started to strengthen against the euro in 2016 and the trend has accelerated recently, raising fears about the competitiveness of Albanian exports.
Lira makes solid gain on move seen as an assertion of regulator’s independence, but post-vote anxieties over political interference remain.
Ruling party and opposition MPs united to back €10bn nuclear power plant construction despite dire warnings of lack of economic viability and scope for corruption.
“Now it is time for Qandil,” President Erdogan declares at dinner in reference to operation that seemingly has Baghdad and Washington’s approval.
Bond markets in Eastern Europe were as dead as the proverbial Dodo in May, continuing the slowdown already seen after the US imposed new sanctions on Russia in April.
Klaus Iohannis has not yet complied with a Constitutional Court ruling that he must dismiss DNA head Laura Kovesi, fuelling his ongoing conflict with Romania's ruling coalition.
Taking stock of latest inflation data analyst says regulator has “very little wiggle room” not to hike rates again.
Investors’ nervousness over president’s monetary role appears to still be hindering currency’s recovery.
Janez Jansa's rightwing SDS took the largest share of the vote in Slovenia's general election but the former prime minister will be unable to form a government unless he can strike a deal with Marjan Sarec.
Deal with creditors expected to lead to a smooth restructuring of Croatian food and retail giant, which will ease the pressure on Andrej Plenkovic's government.
Macedonia "doesn't need EU or Nato" if name change is needed to get membership, say protesters at mass rally that took place as the government comes close to striking a deal with Greece
Failure to communicate his government’s economic achievements led to Cerar’s slump in the polls, but likely handover of power to rightwing SDS leader Janez Jansa is not expected to disrupt Slovenia’s burgeoning prosperity.
People traffickers have opened up new routes across the Western Balkans after the closure of the original route through the region two years ago.
Borissov and Bulgarian President Rumen Radev have both visited Russia in recent weeks as they mount a charm offensive aimed at taking part in the new pipeline that will deliver Russian gas to Europe via Turkey.
Romania's ruling coalition finally succeeds in decapitating anticorruption body that has launched probes into dozens of top politicians and businesspeople.
Sentiment seen as shaken by turmoil surrounding decline of the Turkish lira and subsequent emergency rate hike.
Warsaw says changes that will see Poland losing €19.5bn in EU funding in 2021-2027 are “unacceptable”, as Brussels shifts focus from GDP per capita to youth unemployment, climate and integration of migrants.
After years of delays Skopje has finally adopted an EU-requested energy law that foresees further liberalisation of the electricity market to include small firms and households.
Former Belgrade mayor Sinisa Mali takes over the finance ministry as Belgrade prepares to secure a new deal with the IMF.