Baltic States

OUTLOOK 2022: Central Europe and the Baltic states

Robert Anderson in Prague January 17, 2022

Central Europe faces a critical year, with a key election in Hungary in April, while rumbling political instability in Poland and Slovakia could lead to early elections.

Lithuania terminates transport contract with Belarus potassium giant Belaruskali

bne IntelliNews January 12, 2022

Lithuania insists it did not break sanctions by allowing Belaruskali exports but the affair was extremely embarrassing because it has been one of the most strident voices calling for sanctions on Minsk.

Estonia's Bolt raises €628mn to boost growth

bne IntelliNews January 12, 2022

Funding round gives on-demand transport and delivery start-up a valuation of €7.4bn.

Lithuania pays Guantanamo ‘forever prisoner’ $113,000 over CIA torture

Linas Jegelevicius in Vilnius January 12, 2022

Abu Zubaydah is reportedly still in Guantanamo Bay, where he has been held without being charged for the past two decades.

bneGREEN: Brussels labels both gas and nuclear as green

bne IntelliNews January 5, 2022

Commission says there is a role for natural gas and nuclear as a means to facilitate the transition towards a predominantly renewable-based future.

Estonian government under fire for booming trade with Belarus

bne IntelliNews January 3, 2022

Government says that companies brokering or transiting goods from Belarus to the foreign market through Estonia do not violate sanctions imposed on Lukashenko's regime.

DEATH OF THE SOVIET UNION: BOOK REVIEW – Reassessing the causes of the Soviet demise

Clare Nuttall in Glasgow December 28, 2021

Vladislav Zubok’s book Collapse: the fall of the Soviet Union examines the causes of the breakup of the Soviet Union and challenges the view that the collapse was inevitable.

CEE banking: As good as it gets in (post-) crisis times and the challenging geopolitical environment

Gunter Deuber in Vienna December 20, 2021

Western European banks have made double-digit increases in the growth of their credit exposures to the CE/SEE region in the past 12-18 months.

Lithuanian premier rejects ministers' resignations over Belarus sanctions-busting scandal

Linas Jegelevicius in Vilnius December 15, 2021

Head of state-owned railways will instead step down over contract that allows Belaruskali potash to continue being carried to Port of Klapeida.

Lithuania humiliated by Belarus sanction-breaking scandal

Linas Jegelevicius in Vilnius December 13, 2021

Foreign and transport ministers offer to resign after revelation that state-owned railways has continued to transport potash exports of sanctioned regime.

DEATH OF THE SOVIET UNION: Widespread nostalgia but no going back

bne IntelliNews December 10, 2021

Many older citizens across the former Soviet Union look back nostalgically to the ‘golden age’ before the transition but few genuinely want a return to socialism.

Biden pledges no backstage talks with Russia about Nato’s eastern flank

Wojciech Kosc in Warsaw December 10, 2021

US president reassures Bucharest Nine of commitment after talks with President Putin stoke fears.

Latvia issues eight-year sustainability bonds worth €600mn

bne IntelliNews December 9, 2021

Issue is Baltic states' first sustainability bond.

DEATH OF THE SOVIET UNION: A green revolution brought the USSR down

Ben Aris in Berlin, Linas Jegelevicius in Vilnius, Clare Nuttall in Glasgow December 8, 2021

The green agenda is dominating the debate today, but the importance of environmental issues is nothing new: 30 years ago it was a green revolution that brought the Soviet Union down.

LONG READ: Russia looks poised to invade Ukraine, but what would an invasion actually look like?

Gav Don in Edinburgh November 24, 2021

Tensions are high and there is talk of a possible invasion of Ukraine by Russia. But what would that actually look like? How much destruction would it cause and how many people would die?

Central and Southeast European economies remain fragile, says Vienna Initiative of banks

bne IntelliNews November 18, 2021

Banks may be tested by the withdrawal of government help to companies, particularly as infection rates begin to soar again.

EU to expand the scope of sanctions on Belarus as migrant crisis deepens

bne IntelliNews November 15, 2021

EU foreign ministers in Brussels said on November 15 they will expand the scope of sanctions on Belarus in response to the migrant crisis on the border with Poland, where thousands of refugees are trapped in rapidly deteriorating conditions.

ING: Sticky inflation risks force CEE central bankers to keep on hiking rates

Valentin Tataru chief economist for Romania at ING, Peter Virovacz Senior Economist in Hungary at ING, Leszek Kasek is the Senior Economist in Poland at ING, Rafal Benecki is the Chief Economist in Poland at ING November 12, 2021

Disruptions in global value chains continue to weigh on Central and Eastern Europe, and the Delta variant is blurring the outlook for the fourth quarter. Record high inflation can no longer be written off as temporary as rates rise across CEE.

Lithuanian Conservative MP appears in his underwear in virtual meeting

bne IntelliNews November 10, 2021

Bronislovas Matelis had dressed only his top half for a call with fellow members of the parliamentary Committee on Governance and Municipalities — as revealed when he stood to take a phone call.

Poland, Lithuania close borders with Belarus as Lavrov suggests EU pay Minsk to keep refugees

bne IntelIiNews November 10, 2021

Lithuania’s parliament declared a state of emergency at the country’s border with Belarus on November 9. It has closed the border to prevent migrants seemingly deployed by Minsk crossing.

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