News

Power struggle in Romania’s ruling PNL puts government stability at risk

Iulian Ernst in Bucharest June 2, 2021

Romanian PM Florin Citu and his predecessor Ludovic Orban are vying to lead the senior ruling PNL.

Belarusian protester cuts his own throat during court hearing

Ben Aris in Berlin June 2, 2021

The stories of personal tragedies and horrific police repression coming out of Belarus are almost a daily occurrence. In the latest tragedy protester Stsyapan Latupau cut his own throat in court rather than incriminate himself.

Coronavirus restrictions eased across much of Southeast Europe as new cases dwindle

bne IntelliNews June 1, 2021

Easing announced as the number of new cases has fallen sharply, boding well for a revival of economic growth after the spring lockdowns.

Belarus to try Russian national and opposition journalist’s girlfriend Sofia Sapega on organising mass unrest charges

bne IntelliNews June 1, 2021

Sofia Sapega, the girlfriend of Belarusian opposition journalist Roman Protasevich who was arrested after a Ryanair flight was forced to land in Minsk last week, will be tried on inciting hatred and organising mass rally charges.

Deputy PM claims Russian metals majors owe $1.4bn in investment

bne IntelliNews June 1, 2021

Deputy Prime Minister Andrei Belousov claimed that Russian metals majors have "cheated" the state for RUB100bn ($1.4bn) worth of capital investments and state military orders in an interview to RBC business portal.

Lukashenko boxes Putin into a show of support in face of harsh EU sanctions over forced landing of Ryanair flight

Ben Aris in Berlin May 31, 2021

Russian President Vladimir Putin has been pushed into giving support to Belarusian President Alexander Lukashenko over the Ryanair flight affair.

Croatia picks France’s offer for 12 used Rafale fighter jets for €999mn

Denitsa Koseva in Sofia May 31, 2021

France wins supersonic jet tender with €999mn offer in Zagreb's second attempt to upgrade its airforce.

Lira hits new all-time low as Erdogan’s woes mount

bne IntelIiNews May 28, 2021

Peker video allegations of mafia’s links with top politicians and prospect of Fed tightening pulling funds from Turkey two factors in currency slump.

Lithuania wins from Belarus plane bans, Latvia loses

Linas Jegelevicius in Vilnius May 28, 2021

You win some. You lose some. That’s how it has been for the leading Baltic airlines after Europe banned overflights of Belarusian airspace and blocked the country’s national carrier Belavia from using many EU landing rights.

EU to target Belarusian potash exports

Ben Aris in Berlin May 28, 2021

The EU might ban (or limit) imports of Belarusian potash and other fertilisers as a part of its economic sanctions following the Ryanair flight forced landing and arrest of Roman Protasevich, said EU foreign ministers gathering in Lisbon.

Russian President Putin rules out mandatory vaccination as impractical

bne IntelliNews May 28, 2021

Russian President Vladimir Putin ruled out mandatory vaccination as “impractical and impossible” on May 28 as Russians remain some of the least keen people in the world to be inoculated against coronavirus (COVID-19).

China's CMC inaugurates CEE’s largest solar park in southwest Hungary

Tamas Szilagyi in Budapest May 28, 2021

Solar energy capacity in Hungary has quadrupled between 2015 and 2020 and is set to increase to 6,000Mw by 2030.

Faster-than-expected economic recovery in Romania eases fiscal tensions

Iulian Ernst in Bucharest May 28, 2021

Romania’s general government budget deficit dropped to 1.8% of GDP in 4M21, down from over 2.5% in the same period last year.

Top-down Shusha reconstruction facing opposition from Azerbaijanis

Ulkar Natiqqizi for Eurasianet May 27, 2021

The government has moved quickly to restore the city it has declared its cultural capital, but the lack of transparency has raised concern.

Iran’s supreme leader refuses president’s appeal to allow leading moderates to contest election

bne IntelIiNews May 27, 2021

Stance of Ayatollah Ali Khamenei risks triggering a low turnout at the ballot box.

Slovenia’s PM Jansa survives impeachment motion

Valentina Dimitrievska in Skopje May 27, 2021

The vote confirms Slovenia's right-wing PM Jansa in his position just over a month before Slovenia takes over the rotating presidency of the EU Council.

Belarus’ Lukashenko revealed to have given $1bn Minsk real estate to influential Serbian family

bne IntelliNews May 27, 2021

President Aleksander Lukashenko handed over land in the Belarusian capital to construction companies linked to Serbia’s Karic family, an OCCRP investigation found.

China ready to discuss rescheduling Montenegro’s loan repayments

Denitsa Koseva in Sofia May 26, 2021

Montenegro previously asked the EU for help to repay the loan from China’s Exim Bank, as the coronacrisis put the government’s finances under pressure. 

Russian Netflix ivi raises $250mn in new capital, IPO could still be considered

bne IntelliNews May 26, 2021

Russia's largest online cinema ivi has announced closing a new funding round of $250mn from both external investors and current shareholders, making it one of the largest private equity deals in recent years.

Jailed girlfriend of Protasevich releases video and confesses seditious acts

bne IntelliNews May 26, 2021

Sofia Sapega, a Russian national and partner of Roman Protasevich, appeared in a video released by the Belarusian authorities in which she made a confession of sedition that appears to have been made under duress.

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