Southeast Europe / Features

Moldova’s presidential election is over, now the battle for the parliament begins

Clare Nuttall in Glasgow November 26, 2020

President-elect Maia Sandu has plans for radical changes in Moldova starting with an overhaul of the judiciary, but to achieve this, she will need an ally as prime minster – which can only be achieved through snap elections.

COMMENT: Romania’s foreign debt, reserves and gold during the pandemic

Alexandru M. Tanase in London November 24, 2020

Romania's external debt increased quite fast during the last year, rising from 48% to more than 56% of GDP, accelerated by the decline of GDP during the pandemic.

Moldova’s foreign policy reset

Clare Nuttall in Glasgow November 23, 2020

President-elect Maia Sandu is committed to Moldova’s European integration but she won’t needlessly antagonise Russia.

Attack of the Debt Tsunami: global debt soars to a new all-time high

Ben Aris n Berlin November 19, 2020

The coronacrisis has sent already record-high levels of global debt soaring to giddying new levels, reports the Institute of International Finance (IIF) in a note released on November 18.

Why has devaluation not helped Turkey’s current account balance?

bne IntelliNews November 12, 2020

The currencies of the major emerging markets (EMs) have been gradually depreciating over the last three decades, but that normally helps the current account balance. In Turkey's case the opposite is happening.

Who emerge as the real winners from the bloody Nagorno-Karabakh conflict?

bne IntelIiNews November 11, 2020

The six-week war has reshaped the geopolitical scenario in the South Caucasus. Azerbaijan has its yearned for victory, Armenia has been pushed aside. Moscow will now try to run the show while keeping Turkey at arm’s length.

The state is back in business

Clare Nuttall in Glasgow November 11, 2020

This year’s public health crisis has accelerated calls for an increased role of the state in the economy, shows a new report from the EBRD.

Armenians flee fighting in Karabakh

Joshua Kucera for Eurasianet November 5, 2020

About 40,000 civilians have fled from Karabakh into Armenia, where they are being accommodated in schools, hotels and volunteers’ homes.