After declaring itself coronavirus free, Montenegro plans to open its borders — but not to neighbours Serbia or Bosnia, which claim the decision is linked to the dispute between the government in Podgorica and the Serbian Orthodox church.
Belarusian President Lukashenko is seeking to reshuffle his government on eve of August election
The head of Russia's Audit Chamber Alexei Kudrin has published an oped laying out his vision of the state anti-crisis policy amid the coronavirus epidemic.
Venezuelan state TV airs pictures of officials celebrating arrival. Four more tankers still en route. Trump official slams “Maduro's expensive deals with another pariah state".
Just 324 cases reported in tiny Balkan state during pandemic, as Podgorica imposed strict preemptive lockdown. New economic support package now planned.
Officials ended lockdown as poor country’s fears of economic damage mounted but they now have a second surge of infections on their hands.
Ion Chicu writes on social media platform that Romania is Europe's most corrupt country and slams Bucharest’s handling of COVID-19 pandemic at a moment when Chisinau already risks losing EU funding.
Russia’s leading petrochemical producer Sibur Holding successfully closed the order book for its BO-01 and BO-02 exchange-traded bond issues, worth RUB10bn ($139mn) and RUB5bn ($69mn) respectively, the company announced on May 21.
The leader of Chechnya and one of the most controversial figures in Russian politics, Ramzan Kadyrov, has reportedly been admitted to “one of the best hospitals in Moscow” after he was believed to be infected with the coronavirus
The International Monetary Fund signed off on a new staff level 18-month Stand-by Arrangement with Ukraine on the same day that Ukrainian President Volodymyr Zelenskiy signed the new anti-Kolomoisky banking bill into law.
Easing comes on back of some stabilisation in the embattled lira but markets remain concerned by country’s lack of FX reserves.
White House officials loathe to see one Trump-sanctioned nation coming to the assistance of another, especially in a presidential election year.
Russia's finance ministry continued to place record-high volumes of OFZ bonds on weekly auctions, selling RUB170bn ($2.4bn) worth of federal bonds in three issues at a total demand of over RUB230bn ($3.2bn) this week.
Currency falls slightly after news. Markets want to see more. Finance minister remarks “Imports will not be easy” as Ankara moves to boost domestic production. Turkish officials, meanwhile, said to be concerned by possible new rush for dollars.
Official releases more inside information on shooting down of passenger plane as Kyiv and Tehran fail to resolve differences on direction of probe.
Austrian company cites COVID-19 uncertainties. Move is a blow to Kazakh plans to use vast gas reserves to make more value-added products. Nur-Sultan already struggling with oil price crisis.
Russia’s economy shrank by a fifth in size in real terms in April, according to preliminary data released by the Ministry of Finance, but at the same time the government has managed to maintain a triple surplus in its external account.
Rating agency also downgrades Halkbank from ‘B’ to ‘B+’. Ability of sovereign to support lenders in event of need has declined, it says.
Russia’s Gazprom is pushing ahead with plans to build a second major gas pipeline to China.
Moldova to issue extradition request for oligarch who was the country’s most powerful politician until his party was ousted from office last June.