Baltic States

Far-right politicians from CEE join pre-election rally in Milan

bne IntelliNews May 19, 2019

Representatives of far-right parties from Bulgaria, Czechia, Estonia and Slovakia joined a rally in Milan led by Italian Deputy Prime Minister Matteo Salvini days before Thursday’s European Parliament elections.

PM Skvernelis' defeat in presidential election causes turmoil in Lithuanian politics

Wojciech Kosc in Warsaw May 16, 2019

After coming in a humiliating third place in the presidential poll, Saulius Skvernelis says he will stand down if his party also performs poorly in the European Parliament election next week.

Tight race for Lithuania's presidency

Wojciech Kosc in Warsaw May 10, 2019

Two centre-right economists lead the polls ahead of Sunday's vote, as Prime Minister Saulius Skvernelis trails in third place.

Poland leads CEE charge against “centralised” and “multi-speed” EU

Wojciech Kosc in Warsaw May 2, 2019

Warsaw wants the EU to devolve more powers to national governments and opposes deeper integration of some – mostly Western – member states in specific policy areas.

Estonia’s new government hit by first resignation hours after taking oath

Wojciech Kosc in Warsaw May 2, 2019

Estonia’s IT and foreign trade minister Marti Kuusik resigned after allegations surfaced linking him to domestic violence.

15 years on from 2004 wave of EU accessions, convergence but a patchy overall record for CEE countries

Clare Nuttall in Glasgow May 1, 2019

15 years after eight CEE states entered the EU, there have been significant economic gains, but in recent years this has been accompanied by a backsliding on democratic reforms.

Money-laundering crisis reshapes Estonia’s relations with non-resident businesses

Sergei Kuznetsov in Tallinn April 30, 2019

When the Estonian government launched its ambitious e-residency programme in late 2014, little did Tallinn think that the country’s largest-ever money-laundering crisis, with the local unit of Danske Bank at its centre, would make trouble

Arming and rearming: Military spending grows across CEE and SEE in 2018

bne IntelliNews April 29, 2019

Russia’s expenditure falls for a second year, even though Moscow fears are driving defence outlays elsewhere. Turkey committed a league-topping 24% more while Iran spent 9.5% less on its armed forces as US tightened economic noose.

COMMENT: CEE Fintech Atlas: Old narratives are changing, innovations may flow now from East to West

Gunter Deuber of Raiffeisen Research in Vienna April 25, 2019

After nearly three decades since the end of the socialist experiment many countries in Central and Eastern Europe (CEE) have made enormous progress, but they are still catching up to their western peers. But not in fintech.

Estonia’s president appoints coalition of centrists and far-right

Wojciech Kosc in Warsaw April 25, 2019

Despite losing the general election in March, Centre Party leader Juri Ratas will preside over a coalition government he managed to piece together with the highly controversial far-right EKRE party and the conservative Fatherland group.

Estonian PPI inflation eases in March

bne IntelliNews April 22, 2019

The headline figure sees the PPI inflation rate shed 0.2pp compared to the annual reading for February, extending the current trend of PPI inflation to 30 months straight.