Southeast Europe / News

Investors ramp up pressure on Turkey for more rate hikes

bne IntelliNews March 5, 2024

Calls follow latest inflation readout and warning from MIT economist that monetary policy is not tight enough to achieve the disinflation goal, with the benchmark still negative.

Turkish terminal freezes Russian oil business

bne IntelliNews March 5, 2024

Mediterranean facility Dortyol recently sprung to attention when US senators claimed “masked Russian oil” supplied via facility even ended up in US warships.

German foreign minister calls for faster EU enlargement to Western Balkans amid Russia threat

bne IntelliNews March 4, 2024

Annalena Baerbock says expansion of the EU to the Western Balkans has become a geopolitical necessity in light of Russia's "brutal imperialism".

Croatian PM Plenkovic announces spring general election

bne IntelliNews March 4, 2024

Plenkovic says the ruling HDZ is "full of self-confidence" ahead of election despite a series of scandals involving government ministers.

Nato member Albania opens air base in former ‘Stalin city’

bne IntelliNews March 4, 2024

€50mn renovation to turn Cold War era Albanian air base into an important Nato hub.

Serbian president claims West wants ‘puppet regime’ in Belgrade

bne IntelliNews March 3, 2024

President Aleksandar Vucic tackles opposition grievances over December 2023 elections, but slams Western interference in Serbian politics.

Turkey suspected of war crimes as occupying power in northern Syria, says HRW report

bne IntelliNews March 2, 2024

Given Ankara’s denunciations of Israel’s activities in Gaza, Erdogan administration exposed to claims of gross hypocrisy.

Western Balkan leaders commit to accelerated regional cooperation

bne IntelliNews March 1, 2024

Albanian PM calls at Tirana summit for fellow Western Balkan leaders to overcome historic conflicts to achieve prosperity.

Bulgaria has just days to strike deal on new government or faces early election

Denitsa Koseva in Sofia February 29, 2024

Gerb’s Mariya Gabriel is due to take over the PM seat on March 8, but the government’s pro-Western backers are increasingly divided.

Battle for Bucharest mayor seat heats up

Iulian Ernst in Bucharest February 29, 2024

Ex-mayor Gabriela Firea unexpectedly announced her candidacy, while Romania's ruling parties are still discussing who to nominate.

Ukraine's Zelenskiy seeks support from Southeast Europe at Tirana summit

bne IntelliNews February 28, 2024

Ukrainian president and Albanian prime minister warn of Russian threat to destabilise the region.

North Macedonia faces food price surge as price protection measures expire

Valentina Dimitrievska in Skopje February 28, 2024

North Macedonia had one of the highest inflation rates in the region, peaking in late 2022.

Kalfalar, the Turkish village with a population of one

bne IntelliNews February 27, 2024

And 87-year-old Ibrahim Elaslan says he's never leaving.

Western Balkans power sector risks “complete meltdown” warns think-tank

bne IntelliNews February 27, 2024

Policy brief from think-tank CEPS says there is an “acute and imminent risk” of collapse due to outdated infrastructure.

Macron says sending Nato ground troops to Ukraine should not be ruled out

bne IntelliNews February 27, 2024

French president says Russia now presents a greater danger and nothing should be excluded.

US claims sanctions success, says Russia’s financial flows with Turkey, UAE and Kazakhstan disrupted

bne IntelliNews February 26, 2024

Washington says secondary sanctions threat against financial firms has put “sand in the gears” of network used to help Kremlin get access to goods.

Montenegro’s government at risk as president quits ruling PES

Denitsa Koseva in Sofia February 26, 2024

Several MPs leave EU-oriented PES after President Jakov Milatovic's departure, eroding majority in parliament.

Western Balkans to take up to 70 years to catch up with EU

Clare Nuttall in Glasgow February 26, 2024

New EBRD report finds low productivity, weak institutions and unfavourable demographics mean convergence may not happen until 2093.

Video shows dozens of migrants stripped and forced across Serbia-North Macedonia border

Valentina Dimitrievska in Skopje February 23, 2024

Footage shared by NGO Legis appears to show a group of semi-naked men being sent back into North Macedonia by Serbian border police in sub-zero temperatures.

Moldova’s separatist Transnistria rumoured to be seeking unification with Russia

Iulian Ernst in Bucharest February 23, 2024

Speculation leaders in Tiraspol could ask Russia to make separatist region part of the Federation at a congress next week.

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