EBRd report finds sanctions and trade disruptions have led to transformations in trade patterns across the Emerging Europe and Central Asia region.
Development bank makes downward revision in latest forecasts after worse than expected Q1 figures for Central Europe.
Central Asia’s largest economy hindered by major oil field development delays. Officials must also stay wary of threat posed by secondary sanctions.
The energy component of the Trans-Caspian and Middle Corridors are expanding, not only through oil and gas but also through green energy. Azerbaijan, Kazakhstan and Uzbekistan have joined forces to supply Europe with power.
Maximising the benefits of Russia’s surprising exodus.
Weeks of protests against the Georgian government’s Russian-style "foreign agents" bill have created a spirit of resistance that now poses a serious challenge to the country’s increasingly authoritarian regime.
Growing optimism on ambitions to link Central Asia via Afghan territory to Pakistan’s Arabian Sea ports, the Gulf and Iran.
Uzbekistan’s outsourcing is open for business and the ICT Ministry together with the country’s IT Park have taken the show on the road with an enticing “zero-risk” offer to bring in customers.
Police have used pepper spray, water cannons, tear gas, stun grenades and beatings to try to clear the streets.
Germany’s slow recovery is dampening growth prospects for Central and Southeast European economies.
With Emerging Europe increasingly polarised between democracies and authoritarian states, it is unclear in which direction the hybrid regimes – which fall between the two camps – will go, says Freedom House.
Since Russia lost leverage in the region after invading Ukraine, many countries have sought to fill the gap. In terms of pledged capital, the Arab nations have become big players.
Despite the global "green transition," predictions of decreasing demand for fossil fuels have not yet been realized. And sanctions imposed on Russia are rewriting energy export routes.
Eurasia has 20 major petrochemical projects underway worth over $200bn to double plastics production.
Azerbaijan is exporting more gas to Europe and Europe is keen to buy it. And as its own production of oil falls slowly it is repositioning itself as a major transit route for Kazakh oil, to allow it to reach the international markets.
Chinese companies are actively investing in the Eurasian countries and have become a locomotive for change as the world becomes smaller. Now they are building ties with the multilateral development banks in the region.
Georgian Dream push for conservative votes ahead of autumn general election could endanger accession aspirations, say critics.
In 2019 the Cabinet of Ministers set up the company Saneg and transferred the ownership of 103 depleted oil fields to see if the company can squeeze a little more oil out of them, as Uzbekistan has an oil deficit and wants to reduce imports.
The working visit of President of Azerbaijan Ilham Aliyev to Munich, to attend the Security Conference in February, was marked by significant negotiations with the managing director of the German Eastern Business Association, Michael Harms.