Eastern Europe / Features

Russian inflation moving back to target – CBR

Ben Aris in Berlin July 16, 2025

Central Bank of Russia Governor Elvia Nabiullina’s plan is working. Last year she introduced a raft of non-monetary policy methods to squash Russian growth and force inflation down by artificially cooling the economy.

EXPLAINER: Ukraine's EU accession path

Ben Aris in Berlin July 15, 2025

The war is not an obstacle to Ukraine's membership of the EU, and most of the EU members states have thrown their support behind getting Ukraine into the club as fast as possible.

Ukraine seeks infrastructure investment capital, a “once in a generation” opportunity

bne IntelliNews July 11, 2025

As the war in Ukraine enters its third year, Kyiv and its partners are pithing international investors to get involved the infrastructure projects. "The time is now."

Ever in India’s shadow, Bangladesh needs to define its own energy path

bno - Ho Chih Minh Office July 11, 2025

As a country Bangladesh is at an energy crossroads. Following decades of natural‑gas dominance, its energy planners are charting a course towards a diversified power policy with the Rooppur Nuclear Power Plant the jewel in the crown.

Russia’s June budget deficit widens sharply as military spending and oil revenues diverge

Ben Aris in Berlin July 8, 2025

President Putin has lost his luck with oil prices and the budget deficit has widened sharply as budget revenues in June have fallen, but expenditure widened. Russia’s federal budget deficit surged to nearly RUB3.7tn ($41.4bn), or 1.7% of GDP.

Thirteen top officials and executives have died in suspicious circumstances since the start of the war in Ukraine

Ben Aris in Berlin July 8, 2025

The death of Roman Starovoit, who killed himself only hours after being fired by Russian President Vladimir Putin as Russia’s transport minister, has spurred fresh talk of the life-threatening dangers of working for the Russian government.

Russian labour market crunch shows signs of easing as firms scale back hiring and wage growth

Ben Aris in Berlin July 4, 2025

Russia’s chronic labour crisis is showing signs of beginning to ease, as new data show a slowdown in wage growth and hiring, particularly in the civilian and construction sectors, Kommersant reported this week.

Sofa-beds for victory: the furniture makers charting a new path on Ukraine's domestic front

Jamie Onslow in Kyiv July 3, 2025

Whilst enrolled on an MBA course at Kyiv Mogyla Business School in 2016, Volodymyr Patis, head of the Ukrainian Association of Furniture Producers, had a “light-bulb moment".

Despite robust international support, Ukraine “running out of space” to cope with additional economic stress – IMF

bne IntelliNews July 2, 2025

The International Monetary Fund has warned that Ukraine’s ability to absorb further economic shocks is rapidly diminishing as the war with Russia enters its fourth year and reform momentum in Parliament slows, says the IMF in a staff report.

Russian banking officials warn of hidden risks as debt concerns mount

Ben Aris in Berlin June 27, 2025

Russia’s banking sector faces a growing threat of a systemic crisis within the next 12 months, with internal assessments suggesting a more fragile outlook than official statements imply.

Tosyali dethrones Eregli to become largest Turkish steelmaker

Akin Nazli in Belgrade June 26, 2025

Company owner Fuat Tosyali became a favourite businessman of president Erdogan. Projects he’s involved in include making Turkey’s “native and national” Altay battle tank.

Russia’s switch to Murmansk after EU sanctions on LNG exports exposes fragile dependence on Western shipping – CREA

bne IntelliNews June 26, 2025

Russia’s attempt to reroute Arctic LNG exports through domestic waters following the European Union’s March 2025 transshipment ban has exposed a hidden vulnerability at the core of its energy strategy, Centre for Research on Energy and Clean Air.

Will Ukraine's refugees go home after the war is over?

Ben Aris in Berlin June 26, 2025

Russia’s full-scale invasion in 2022 caused Europe’s biggest displacement in decades as millions fled, most of them women and children. Three years later, there are still more than 5mn Ukrainians living abroad and only 20% say they will go home.

LONG READ: Nato summit in The Hague is all about the money, not about Ukraine

Ben Aris in Berlin June 24, 2025

The collected membership of Nato meets in The Hague on June 25 for a cutdown version of the annual gathering, where Ukraine has been dropped from the agenda and the only thing that will be discussed is increasing defence spending to 5% of GDP.

Global uncertainty causes FDI to plummet in Emerging Europe

bne IntelliNews June 24, 2025

wiiw research blames crisis in German industry and the uncertainty surrounding Donald Trump’s second term as US president for sharp slowdown in FDI.

Ukrainian President Volodymyr Zelenskiy is set to attend a Nato summit in The Hague next week after all

Ben Aris in Berlin June 21, 2025

Ukrainian President Volodymyr Zelenskiy is set to attend a Nato summit in The Hague next week after all, the European Council confirmed on June 20, amid uncertainty over the US role in transatlantic security commitments.

Russian economy: cooling or recession?

Ben Aris in Berlin June 20, 2025

One of the most closely watched sessions at the annual St Petersburg International Economic Forum (SPIEF), which is underway now, is the economic panel with the heavy hitters from the Kremlin’s economic team.

Western unity collapses as G7 summit in June beaks up with no joint statement

Ben Aris in Berlin June 18, 2025

Western unity to support Ukraine in its existential struggle with Russia has collapsedю The G7 summit of the world’s richest nations in Canada, broke up on June 17 without releasing a statement condemning Russia’s military occupation of Ukraine.

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