Southeast Europe / News
Whistleblower who revealed massive corruption at Bulgarian border checkpoint fired
Numerous experts appointed by Kiril Petkov's reformist former government have been removed since the change of government in June, undermining the fight against corruption.
Romania’s BNR more hawkish than expected with 75bp rate hike, more to come
Romanian central bank's rate hike exceeds expectations as near-term inflation outlook worsens amid faster growth rates anticipated for natural gas, electricity and food.
Romanian president tries to save flagship education strategy after plagiarism scandal
Critics slam President Iohannis’s decision to appoint his adviser as education minister as he seeks to rescue widely-criticised Educated Romania project.
First official results from Bosnian elections put nationalists ahead after exit polls predicted losses
Defeat for Bakir Izetbegovic but other leading nationalist politicians like Milorad Dodik appear to be heading for victory with 50% of votes now counted.
Bulgaria’s fragmented parliament unlikely to produce stable new government
Seven parties have passed the 4% threshold and will enter Bulgaria’s new parliament, making the formation of a ruling coalition a virtually impossible task.
Nationalist leaders face upset in Bosnian elections
Exit polls indicate veteran nationalist politicians Milorad Dodik and Bakir Izetbegovic could have suffered shock defeats.
Bulgaria’s populist Gerb wins snap general election on record-low turnout
Exit polls indicate Bulgaria will get its most fragmented parliament ever and comments from the key parties in the run-up to the vote offer little hope of a stable majority being formed in parliament.
Might Trussonomics be a branch of Erdoganomics?
Turkish expat who fled collapse of lira to London alarmed by Liz Truss’ self-inflicted blow to UK economy.
Report says Russian gas supplies to Europe via TurkStream now endangered
Gazprom unit that operates pipeline said to be withdrawing all technical support.
Turkish state banks follow private lenders in freezing use of Russia’s Mir payment system
Erdogan backed use of Russian Visa-equivalent after meeting with Putin. US reacted by stepping up pressure on Turkey over sanctions enforcement.
Romania's Chimcomplex fires 20% of its workforce as high gas price impacts it business
Romania’s largest chemical group Chimcomplex is one of the top natural gas consumers in the country.
Secret report reveals top officials knew Bulgaria wouldn’t benefit from Balkan Stream
Sofia paid over €1.5bn for its section of the Balkan Stream pipeline, which has never delivered any gas to Bulgaria.
Fugitive businessman Ilan Shor's party holds new mass rally in Chisinau
Shor's party is calling for the resignation of Moldova's government and president.
Serbia signs foreign policy document with Russia amid escalation of Ukraine war
MEPs call for Serbia’s EU accession talks to be frozen over foreign policy consultation plan signed with Moscow.
Romania’s government to speed up major natural gas projects
Bucharest will try to speed up development of the offshore Neptun Deep and the onshore deep Caragele field that together would cover Romania’s gas consumption for up to ten years.
Moldovan president calls for all Russian troops to leave the country
Maia Sandu tells UNGA that presence of Russian troops in breakaway Transnistria region violates Moldova' neutrality and increases security risks.
Bosnia’s Dodik gets a warm welcome in Moscow
Putin endorses Bosnian Serb leader, one of his few remaining European allies, ahead of Bosnia’s October elections.
Two Turkish banks suspend use of Russian Mir cards amid US sanctions pressure
Isbank and Denizbank drop service. In recent days, Washington has cranked up pressure on Turkey over intensifying economic cooperation with Russia.
Croatia’s PM to fire INA managers if they refuse to resign over corruption scandal
Standoff between government and management at Croatian oil and gas company after large-scale embezzlement.
Montenegro’s ruling coalition agrees to nominate Demos leader Lekic for next PM
Montenegro moves closer to getting new government despite tensions among the 20 small parties forming the ruling coalition.
