News

International Ice Hockey Federation (IIHF) has stripped Belarus of the right to hold the World Championship this year

bne IntelliNews January 19, 2021

International Ice Hockey Federation (IIHF) has stripped Belarus of the right to hold the World Championship this year and condemned Belarus' self-appointed President Alexander Lukashenko's oppressions

Russian opposition activist Navalny calls for supporters to take to the streets this weekend

Ben Aris in Berlin January 19, 2021

Jailed anti-corruption blogger and opposition activist Alexei Navalny calls on Russians across the country to take to the streets this weekend, Saturday January 23. “Do not be silent. Resist. Take to the streets – not for me, but for you."

Armenia ‘to extend life of its 1970s Metsamor nuclear power plant after 2026’

bne IntelIiNews January 18, 2021

Government has reportedly also not abandoned plans to build a new plant. Facility was hit by devastating earthquake in 1988.

Turkcell denies any affiliation with $1.6bn loan in default extended by Ziraat Bank to Virgin Islands company

Akin Nazli in Belgrade January 18, 2021

Lender said it extended capital to company owned by Turkish mogul Mehmet Emin Karamehmet for taking back his stake in mobile operator from Russian tycoon Mikhail Fridman’s Alfa Group. But it seems the stake is not worth the loan amount.

Bulgaria’s government considers gradual easing of COVID-related restrictions

bne IntelliNews January 18, 2021

There is growing frustration over the restrictions. Owners of restaurants, bars, night clubs and cafes have threatened to open in February even without government permission.

Russian opposition activist Alexei Navalny arrested on arrival as he returns home

Ben Aris in Berlin January 18, 2021

Russian anti-corruption blogger and opposition activist Alexei Navalny was arrested at passport control as he retuned home after spending five months in Germany recovering from a poison attack that immediately sparked an outpouring of commendation.

Romania’s central bank cuts monetary policy rate by 25bp to 1.25%

Iulian Ernst in Bucharest January 18, 2021

Rate cut after inflation eased more than expected at the end of 2020 and predictability was enhanced by the quick formation of a new government.

Montenegrins say state administration is most corrupt institution

Denitsa Koseva in Sofia January 17, 2021

Survey shows one in seven Montenegrins have offered or been asked for a bribe, amid criticism over the lack of progress in the fight against corruption.

Slovenia’s opposition files no-confidence motion against Jansa cabinet

Valentina Dimitrievska in Skopje January 16, 2021

Opposition leaders accused the government of failing to deal with the coronavirus pandemic as well as the violation of fundamental principles of the constitutional order and freedom of the media.

Czech Pirates and Mayors approve final coalition agreement for 2021 elections

bne IntelliNews January 15, 2021

Opinion polls show grouping could win election and oust Prime Minister Andrej Babis.

The volume of the Russian National Wealth Fund tops $183.93bn as gold overtakes dollar asset for first time

bne IntelliNews January 15, 2021

The volume of the Russian National Wealth Fund in December 2020 increased by RUB89bn ($1.21bn) to reach RUB13.546 trillion ($183.93bn) as of January 1 as the share of gold in reserves overtook dollar assets for the first time ever.

Slovenia’s government to release funds to news agency STA after EU pressure

Valentina Dimitrievska in Skopje January 14, 2021

Janez Jansa’s conservative government suspended funding for the news agency in December after accusing it of unfair reporting.

EBRD investments reach record €11bn in pandemic-struck 2020

Clare Nuttall in Glasgow January 14, 2021

The development bank's focus has been helping existing clients by providing short-term liquidity and working capital.

Ukrainian government will cap natural gas price for households in a move that endangers its IMF deal

Ben Aris in Berlin January 14, 2021

Ukrainian government will cap natural gas price for households in a move that may further jeopardise the country’s co-operation with the International Monetary Fund (IMF)

Moldova fears flooding from Ukraine's planned Dniester hydropower plants

Iulian Ernst in Bucharest January 14, 2021

President Maia Sandu plans to ask to EU opinion on Kyiv's plans as environmental groups say existing HPPs are responsible for flooding in Moldova.

Sole lowcost Kazakh airline FlyArystan makes 2020 gains

Kanat Shaku in Almaty January 14, 2021

Enjoys higher demand for cheap flights across country’s big land mass during economic crisis caused by pandemic.

Montenegro’s new ruling coalition carves up top state jobs

Denitsa Koseva in Sofia January 13, 2021

The members of Montenegro’s new ruling coalition have agreed to share out the top jobs in the state administration and major state-controlled companies after months of tense talks.

Iran’s navy conducts missile drill while analyst argues Trump even capable of nuclear strike in final days

bne IntelIiNews January 13, 2021

"Desperate” US president “may try to ‘wag the dog’ by ordering a strike – perhaps with a tactical nuclear warhead – on Iran’s main nuclear facility in Natanz” says former White House economic council senior adviser.

EBRD says loan to Estonia’s controversial Porto Franco project was never disbursed

bne IntelliNews January 13, 2021

Tallinn real estate development is at the centre of the corruption case that brought down the Estonian government.

Turkish opposition leader lawsuit demands one lira from Erdogan, police probe “bald” interior minister posts

bne IntelIiNews January 13, 2021

Kilicdaroglu faces claim from Turkey’s leader for million lira in compensation after describing him as the “so-called president”.

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