Croatia has seen a new spike in coronavirus (COVID-19) cases in the last few days, with several of them linked to a charity tennis tournament at Zadar on the Adriatic coast.
Opposition leaders accuse government of overlooking risks of holding general election during a pandemic, but Interior Minister Davor Bozinovic says no need to postpone the vote.
Serbian Progressive Party benefitted from handling of coronacrisis to consolidate its position with almost two-thirds of the vote in election boycotted by several opposition parties.
Stark deterioration in national lender’s FX reserves, partly caused by interventions to prop up lira, has intensified anxieties Turkey is in sore need of additional hard currency funding. Turk Telekom among firms to make initial use of mechanism.
Fugitive businessman and politician Vlad Plahotnuic is believed to be preparing the ground for a return to Moldova. But Igor Dodon will struggle to persuade the pro-EU opposition to work with him again after using and discarding them last year.
Market also learns Global Yatirim Holding considering delisting Global Ports Holding from LSE. Stock market tyros, meanwhile, sniffing around small caps.
Vienna Initiative report warns banks heading for a "cliff-edge effect of new distressed borrowers", followed by successive waves of new NPLs.
Turkish Industry and Business Association describes legislation as posing huge commercial risk. But government says powers are needed to identify cartels.
COVID-19 pandemic revealed the risks of catching wild animals for food, but trade continues openly in popular online marketplaces, research by NGO Four Paws shows.
Bucharest asked Nuclearelectrica to terminate talks with CGN on expanding Cernavoda nuclear power plant, as discussions yielded no results in seven years.
Army will enforce social distancing as the situation has deteriorated abruptly over the past couple of weeks.
With the end of the state of emergency, election activities are resuming, which means that the general election should be held on July 5.
Industrial production fell by around a third and retail sales by a fifth in virus-hit April. Medics, meanwhile, say there’s no scientific evidence the first COVID-19 wave is over.
Ali Babacan adds reputation needs restoring to secure FX funding required to guard against another slump in the lira. Also attacks government for pressure that he says results in official figures that people doubt.
The move would sideline Iranian gas sales to the Azerbaijani exclave and help Ankara get back in Washington’s good graces.
Zagreb needs to raise funds to refinance an earlier bond issue and support the economy, which was badly hit by the COVID-19 pandemic.
Law initiated by opposition MPs to prevent assets being sold off at low prices during pandemic-induced recession to complicated the long-awaited IPO of energy producer Hidroelectrica.
The parliament in Skopje was dissolved back in February but the vote, originally planned for April, was postponed due to the coronavirus pandemic.
The number of new coronavirus cases has started rising sharply, with many of those reported in the last few days concentrated among workers at a toy factory in Dospat, southern Bulgaria.
The ruling Socialists are bleeding MPs to the new Pro Moldova party believed to be backed by fugitive politician Vlad Plahotnuic, but President Igor Dodon says he will obstruct any attempts by the opposition to form a new government.