Ukraine, Russia reach gas transit agreement 'in principle'

bne IntelliNews December 20, 2019

Ukraine and Russia have reached an agreement on natural gas transit from early January "in principle", Vice-President of the European Commission Maros Sefcovic said following the trilateral talks in Berlin on December 19.

Bulgaria invites 5 companies to file binding bids for Belene nuclear project

Denitsa Koseva in Sofia December 19, 2019

The government in Sofia hopes to finish the project within 10 years at a cost of up to €10bn, but critics question its economic viability.

Turkish consumers responding to flow of cheaper money but corporates show reluctance to join in

bne IntelliNews December 19, 2019

Rapid slashing of benchmark interest rate by half driving up loan growth but finding companies willing to borrow is proving to be a struggle.

Ukraine’s business community calls on Zelenskiy to protect the National Bank of Ukraine

Ben Aris in Berlin December 18, 2019

The business associations of Ukraine united in a joint statement to call on President Volodymyr Zelenskiy to protect the independence and staff of the National Bank of Ukraine.

No gas transit deal with Russia “99% certain” as Ukraine hikes gas tariffs for local producers

Ben Aris in Berlin December 18, 2019

The chances of no gas transit deal being struck between Ukraine and Russia before the December 31 deadline is “99% certain” Ukrainian officials told leading gas producer JKF.

Journalists protest as Albanian parliament prepares to endorse controversial media law

bne IntelliNews December 18, 2019

MPs are expected to vote in favour of an anti-defamation package regulating the media that has drawn strong criticism from NGOs, the opposition and international organisations.

Poland’s Supreme Court warns new law attacking judges could lead to exit from EU

Wojciech Kosc in Warsaw December 18, 2019

Supreme Court warning marks a new crisis in the Polish government’s already very strained relationship with the country’s judges.