PM Zoran Zaev pledged to sack party and government officials who have performed poorly after voters punished the ruling coalition’s candidate for the government’s domestic failings in the recent presidential election.
Punitive tariffs already imposed on imports from Bosnia and Serbia could be extended to Kosovo’s closest ally Albania if it fails to remove barriers on Kosovan flour, beer and potatoes.
Snap elections have become the baseline scenario in Moldova as none of the three major forces in the parliament managed to form a government after the February general election.
Ekrem Imamoglu, who will fight an election rerun in what observers say is a crucial test of remaining democracy in Turkey, unveils alleged misspending.
Following domestic political scandals in several Central and Southeast European member states, many voters just want to give their ruling parties a kicking in this week's EU-wide vote.
Gjorge Ivanov refused to sign the bills, on topics including financial support for investments and reforms to the security services, in protest against the change of the country's name to North Macedonia.
Serbia has a positive near-term outlook after growth rebounded to a 10-year high in 2018, but deep reforms are needed to create a solid basis for future growth.
If the move is confirmed it would fly in the face of aggressive rhetoric from Ankara in which it has said the US cannot deny it the right to import energy shipments from its neighbour.
State budget fiscal metrics currently more vulnerable to a currency crisis than they were before last summer’s nasty episode. And fresh market turmoil is widely expected.
As Turkey’s first ever drillship, escorted by a naval frigate, prepares to start operations, Ankara declares it “does not recognise the unilateral and illegitimate exclusive economic zone claims of the Greek Cypriots”.
President targets tycoon who heads group’s advisory council. Tuncay Ozilhan raised concerns over Turkish industry’s debt woes and said country must abide by universal principles of democracy or “it becomes something else”.
Despite Turkey’s economic strife, local lenders’ spring loan refinancing season is progressing undeterred. But Libor and Euribor rates have almost doubled compared to a year ago.
The energy stock exchange is intended to increase security of the electricity supply and encourage investments in the sector.
Since the February general election, none of the three main forces in the new parliament have been able to find sufficient common ground to form a majority.
Calendar-adjusted index in positive territory. Fresh pre-election stimulus on the cards. Economy may have grown in Q1 but double-dip recession not ruled out. Istanbul revote impact may hinge on battle for Kurdish vote.
100% import tariffs on goods from Serbia and Bosnia have pushed consumer prices up in Kosovo, but politicians’ claims they would help local producers were never realised, think tank GAP finds.
Opposition protesters fight police with Molotov cocktails, defying international calls to refrain from violence. Political crisis threatens to derail EU integration process.
More market jitters on report that Treasury may tap central bank reserves to borrow 40bn lira as government budget deficit is deeper than expected. OMFIF op-ed says Erdogan’s mishandling of currency crisis heightens probability of Ankara default.
Public lenders reportedly sold $1bn on May 9 and overnight to curb latest bout of depreciation. Officials have been up to no good for months, but it’s gone unreported.
Long prison sentences issued for Democratic Front leaders and the Russians prosecutors said masterminded the failed 2016 coup attempt.