Southeast Europe / News

Russia’s Gazprom has quietly shelved Turkey gas hub plan, says report

bne IntelliNews June 3, 2025

Project praised by Putin no longer seen as viable, sources at energy giant cited as saying.

Russia demands Ukraine's de facto capitulation with Istanbul demands

Ben Aris in Berlin June 3, 2025

Russian and Ukrainian delegations met in Istanbul for the second direct ceasefire talks on June 1 that made little progress in laying out the groundwork for the mooted 30-day ceasefire suggested by the Trump administration in March.

Romania’s president expects fiscal plan by June 5, new government by mid-June

Iulian Ernst in Bucharest June 3, 2025

PNL interim president Ilie Bolojan seen as most likely next prime minister.

Croatia’s Žito Grupa announces plans for IPO on Zagreb Stock Exchange


bne IntelliNews June 2, 2025

Agricultural and food production group to use IPO proceeds to support long-term strategic growth and strengthen Croatia’s domestic food production.

Bulgaria’s Anti-Corruption Fund reveals massive secret energy cartel

Denitsa Koseva in Sofia June 2, 2025

NGO’s investigation finds cartel comprising over 150 companies with turnover of €2.6bn owned by controversial businessman Hristo Kovachki.

Russo-Ukraine ceasefire talks in Istanbul break up with no progress

bne IntelliNews June 2, 2025

Russia and Ukraine held direct talks for the third time since the war started on June 2, but the meeting broke up with no real progress made.

Kosovo Chamber of Commerce sues over abrupt electricity market liberalisation

Iulian Ernst in Bucharest June 2, 2025

Lawsuit follows protest by businesspeople demanding a transition period before full liberalisation.

Israel and Turkey open round-the-clock direct line to avoid undesired engagements in Syria

Akin Nazli in Belgrade June 1, 2025

Israelis, meanwhile, said to want to ensure their jets stay off Turkish radar in order to keep Syrian airspace 'dark' for any potential Iran bombing mission.

Thousands of Bulgarians rally against euro adoption

Denitsa Koseva in Sofia June 1, 2025

Protesters waved Bulgarian and Russian flags and chanted ‘Freedom for the Bulgarian lev, death to the euro’.

Canal Istanbul land allegedly stolen from under noses of Kuwaiti investors

Akin Nazli in Belgrade June 1, 2025

Forging of signatures said to have enabled illicit takeover of plot that could jump in value with delivery of megaproject.

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