News

Europe opening to vaccinated tourists could boost Russian carrier Aeroflot

bne IntelliNews May 20, 2021

The European Union states have agreed to allow vaccinated tourists to enter the bloc, with no details yet on what vaccines would be accepted for entry.

Bulgaria’s Gerb, There Are Such People in tight race for first place in July 11 election

Denitsa Koseva in Sofia May 20, 2021

Gerb's backing falls but There Are Such People and fellow political newcomers don't yet have enough support to oust the establishment parties.

EBRD takes over operator of Moldova’s sole port

Iulian Ernst in Bucharest May 20, 2021

Development bank steps in after messy dispute between two former owners of the Giurgiulesti port operator.

Romania’s gourmet dairies secure expansion funding after pandemic boost

Iulian Ernst in Bucharest May 20, 2021

Agroserv Mariuta to list on the Bucharest Stock Exchange while Artesana takes out loan from CEC Bank as Romanians switch to local producers.

Germany confirms US sanctions waiver on key Nord Stream 2 company

bne IntelliNews May 20, 2021

The German government has confirmed that the Biden administration will waive sanctions on the company overseeing the construction of Russia's Nord Stream 2 pipeline to Europe and its chief executive.

Prime Minister Andrej Babis launches ´pilot project´ to test EU rules on his conflict of interest

bne IntelliNews May 19, 2021

The Czech state plans to ask Brussels to reimburse the subsidies it has paid to Babis' companies. If the Commission refuses, the government can then go to the European Court of Justice.

Experts not convinced by Turkey’s claim “full lockdown” caused steep decline in virus cases

bne IntelIiNews May 19, 2021

Medical association chief says less testing may be reason for better data on infections. Russia, meanwhile, extends tourism flights ban.

Signs mount Iran, US will seal nuclear deal revival within month

bne IntelIiNews May 19, 2021

Negotiators agree to return to national capitals to receive final instructions on red lines before definitive round of talks.

Russian supermarket business rapidly consolidating as Lenta buys Billa Russia to become second-largest chain in Moscow

Ben Aris in Berlin May 19, 2021

A day after a mega deal saw leading supermarket chain Magnit buy the third-largest chain Dixy, the fourth-largest player in the business Lenta announced it was buying smaller rival Billa to become the second-largest supermarket chain in Moscow.

Gazprom makes new attempt to force Moldova to pay breakaway Transnistria’s gas bill

Iulian Ernst in Bucharest May 19, 2021

Russian gas giant launches 16th lawsuit over gas sent to Transnistria — effectively a Russian subsidy for the separatist region.

Leading Russian supermarket chain Magnit buys rival Dixy

Ben Aris in Berlin May 19, 2021

Russia’s regional supermarket specialist and one of the two biggest chains Magnit is in a deal to take over rival Dixy and add over 2,500 supermarkets to its distribution network.

Western Balkans do better than eastern EU members on LBGTI rights

bne IntelliNews May 18, 2021

Montenegro has the best legal and policy environment for LGBTI people in the emerging Europe region, ILGA-Europe's latest Rainbow Europe Map shows.

bneGREEN: Lukoil oil spill headed towards the Barents Sea

bne IntelliNews May 18, 2021

An oil spill in the Komi Peninsula is four to five-times bigger than initially thought, and may flood into the Barents Sea on Russia’s north-eastern coast if unchecked, environmentalists warned on May 17.

Regional leaders urge EU to speed up enlargement for entire Western Balkans

Valentina Dimitrievska in Skopje May 17, 2021

Presidents of Croatia, Slovenia and aspiring EU members from the Western Balkans say enlargement is a "geopolitical necessity".

Turkey may be ripe for external debt crisis says Wells Fargo

Akin Nazli in Belgrade May 17, 2021

Investment bank’s analysis of 25 economies shows Turkish economy ranking worst of all, ahead of Argentina and Venezuela.

Centerra files arbitration suit as Kyrgyzstan moves to seize Kumtor gold mine

Kanat Shaku in Almaty May 17, 2021

Canada and UK warn government actions that “negatively impact trade and foreign direct investment will further undermine already fragile economic livelihoods of the Kyrgyz people”.

Budapest’s liberal mayor enters race to be opposition PM candidate in 2022

bne IntelliNews May 17, 2021

Gergely Karacsony seen as having best chance of winning opposition primary and defeating Hungarian strongman Viktor Orban.

Slovenian President Pahor supports EU enlargement of entire Western Balkans

Valentina Dimitrievska in Skopje May 16, 2021

Ahead of Slovenia's 6-month EU presidency Borut Pahor says only entry of all six countries to the bloc would provide peace and stability in the region

Ukraine signs off on €1.3bn worth of French investment deals

bne IntelliNews May 14, 2021

Ukraine has signed off on €1.3bn worth of investment deals with France, the Ukrainian government said in a press release on May 13. The deal was signed during an official visit by French Economic and Finance Minister Bruno Le Maire to Kyiv.

Moldovan left-wing coalition begins electoral campaign with anti-LGBT bills

Iulian Ernst in Bucharest May 14, 2021

Socialists and Communists aim to stop a landslide for President Maia Sandu's PAS in the July general election by appealing to voters with traditional values.

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