News

Macron says compromise found for Sofia-Skopje dispute

Valentina Dimitrievska in Skopje June 30, 2022

North Macedonia urged to accept French proposal that would unlock its EU accession progress and that of neighbouring Albania.

Serbians turn against EU accession, pick Putin as favourite world leader

bne IntelliNews June 30, 2022

Poll shows 51% of Serbs would vote against joining the EU, while overwhelming 80% are against joining sanctions on Russia.

Belgrade accuses Kosovo of ‘threatening war’ with new entry rules for Serbs

bne IntelliNews June 30, 2022

PM Albin Kurti announces controversial new rules for crossing the border into Kosovo with Serbian ID cards and licence plates.

Belarus will make its Eurobond payments in Belarusian rubles

bne IntelliNews June 30, 2022

Belarus' Council of Ministers adopted a decree to service its eurobonds in Belarusian rubles after Minsk struggled to pay its debts through international clearing and depository systems.

Belarus could execute over 60 people on terrorism charges

bne IntelliNews June 30, 2022

Following the recent amendments to its law on the death penalty, Belarus could execute over 60 people on terrorist charges.

Albania ranked among world’s top cannabis producers

bne IntelliNews June 30, 2022

Despite government efforts to wipe out cannabis plantations, UNODC lists Albania seventh worldwide for cultivation and distribution of the drug.

PPF group confirms plans to sell Chinese operations

bne IntelliNews June 30, 2022

Czech investment group also says it is looking at acquisition opportunities in telecommunications, probably involving a merger with another financial or investment partner.

Uzbekistan hit twice in a week by Ukraine war sanctions

bne IntelIiNews June 30, 2022

Tashkent loses bank deal and suffers blow as company accused by US of supplying microchips to Russian military-industrial complex.

Nato agrees 'fundamental shift' to counter Russia

Robert Anderson in Prague June 29, 2022

Security alliance’s leaders agree a big increase in troop deployments on its Eastern Flank, more help for Ukraine in its defence against Russian aggression, and a new Strategic Concept.

Bulgaria a step closer to early election as Socialists pull out of coalition talks

Denitsa Koseva in Sofia June 29, 2022

Pro-Moscow BSP says it won't continue talks on a new coalition with outgoing PM Kiril Petkov's Change Continues after mass expulsion of Russian diplomats.

Czech energy company CEZ switches away from Russian nuclear fuel

bne IntelliNews June 29, 2022

CEZ signs contract with US nuclear power technology company Westinghouse and French Framatome.

Romania reports new gas from Black Sea, expects 90% gas self-sufficiency

Iulian Ernst in Bucharest June 29, 2022

Energy minister says Black Sea Oil and Gas’ Midia development will boost self-sufficiency, as Europe tries to end dependence on Russian gas.

Hungary’s forint jumps after central bank’s aggressive 185bp rate hike

bne IntelliNews June 29, 2022

The forint has been of the weakest currencies in Europe, with widening budget and current account deficits making it exposed to external market movements.

Bulgaria expels 70 Russian diplomats

Denitsa Koseva in Sofia June 28, 2022

Mass expulsion is unprecedented for Bulgaria, which until recently was seen as one of Russia’s most loyal allies in the EU.

Turkey drops opposition to Sweden, Finland joining Nato

bne IntelIiNews June 28, 2022

Big boost for Western defence bloc as Madrid summit gets underway, with member states seeking to demonstrate unmistakable unity to Kremlin while the Ukraine-Russia war continues to rage.

Russia denies defaulting on $100mn bond coupon payment

Ben Aris in Berlin June 28, 2022

Russia denied that it had defaulted on a $100mn bond payment, saying that the money had been sent to bond holders, in dollars, in May but it was not the Kremlin’s fault if the cash was not distributed to bondholders.

A maze of smuggler tunnels: the Kyrgyzstan-Uzbekistan border

Ayzirek Imanaliyeva for Eurasianet June 28, 2022

The four smuggling tunnels found so far may only be a small part of the total.

Ukraine's Zelenskiy calls on the US to recognise Russia as a state sponsor of terrorism

bne IntelliNews June 28, 2022

Following a horrific Russian missile attack on a packed shopping mall in Ukraine's industrial city of Kremenchuk, Ukrainian President Volodymyr Zelenskiy has called on the West to designate Russia a state sponsor of terror.

Amnesty International issues damning report on Lithuania’s migration centres

Linas Jegelevicius in Vilnius June 28, 2022

NGO documents allegations of racism and violent pushbacks of asylum seekers.

At least a dozen killed in shopping mall bombing as Zelenskiy urges G7 leaders to impose more sanctions

bne IntelliNews June 28, 2022

At least 10 people were killed and more than three dozen injured after Russian missiles slammed into a packed supermarket in the middle of the day in Ukraine’s industrial city of Kremenchuk on June 27.

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