The outcome has been a defeat for Viktor Orban as ethnic Hungarians overwhelmingly supported the pro-European candidate, Nicusor Dan.
Almost all US assistance terminated.
Finance Minister Marko Primorac details Zagreb’s objectives including an overhaul of state owned enterprises, accession to the OECD and revitalisation of the local capital market.
Polls show PM Edi Rama’s Socialist Party has a strong lead over its main rival, the opposition Democratic Party, which promises to ‘make Albania great again’.
Osman Hamdi Bey’s 1881 work Kahve Hazirlamak was bought by a Georgian prince around 1910. Its whereabouts became a mystery.
Playing long game for rare earths.
Latest wiiw forecasts show little direct impact on Central and Southeast Europe from Trump trade wars.
A plan to develop Montenegro’s Velika Plaza beach has become the latest battleground in a growing backlash against UAE-backed real estate deals across the Western Balkans.
In 2021, Eastern European countries imported almost half of their gas from Russia. Only two countries in the region – Albania and Kosovo – were wholly independent of Russian gas.
The retail real estate sectors in Croatia, Slovenia and Serbia are showing strong potential for further development, according to new research by global real estate consultancy CBRE.
To deal with overflow, authorities often choose to put hardened criminals on probation rather than political prisoners.
Governments turn to short-term fixes and immigration push to tackle deepening demographic crisis but shy away from deeper reforms, says OSW report.
Company aims to triple its active geothermal capacity, double installed capacity to 1 GWt by 2028 and expand into downstream business lines, COO Dragoș Gavriluță tells bne IntelliNews.
Global Initiative report reveals organised crime groups from the Western Balkans have firmly embedded themselves in South America’s cocaine trade.
Liberties report finds collapse of democratic standards in Hungary, and strong deteriorations in Bulgaria, Croatia, Italy, Romania and Slovakia.
Russian discount retailer Fix Price is preparing to enter the Serbian market, with plans to open several stores by the end of 2025. This marks the company's second attempt to establish a presence in Europe.
Lira drops 14% as markets take fright. Barring an exceptional pushback from opposition, however, on past performance, country will soon go back to “normal”.
Protests in Serbia, Georgia and Hungary reflect mounting discontent over corruption and democratic backsliding, while Romanians turn out to show commitment to EU values in face of rising far right.
Economic necessity is the mother of diversification.
What we know so far about EU member states’ plans to hike defence spending in face of "existential challenge" from Russia, and how this will be financed.