News
Startup Defence Builder to build drones and technology requested by the army
Ukraine has witnessed a surge in defence tech innovation initiatives. Defence Builder is a startup accelerator aimed at fostering collaboration between Ukraine’s military, business and startup community to develop technologies requested by the army.
Poland facing arbitration over Warburg Pincus' complaint about rules limiting pharmacies
Polish legislation limits pharmacy ownership to pharmacists only, restricts opening of new pharmacies near existing ones, and sets a cap where one owner can only have four pharmacies nationwide.
Orban uses CPAC to bolster role in growing 'anti-globalist' coalition
Orban is admired by representatives of the Trumpist US right-wing for his tough immigration policies and advocacy for families and Christian conservatism.
Police use pepper spray on demonstrators in Tbilisi protesting against foreign agents law
Tensions soared in central Tbilisi after thousands of demonstrators filled the centre of the city on April 28 to protest against the so-called foreign agents law that is making its way through parliament.
Poland signs $1.6bn deal with South Korea for Chunmoo rocket artillery systems and missiles
A significant portion of Poland's new military acquisitions has come from South Korea, including light combat aircraft, tanks and self-propelled howitzers.
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Europe’s top human rights body has no plans to sanction Turkey over failure to free Kavala
No willingness on part of member states to penalise Ankara amid Ukraine war and other crises requiring solidarity, says Council of Europe.
Gaza aid flotilla unable to depart Turkey after Guinea-Bissau withdraws vessel flagging
Organisers of mercy mission say Israel pressured West African nation.
Hungary’s OTP makes reported record bid for EU bank
Hungarian lender says target is in an EU country in which OTP did not have a presence, triggering speculation.
Ukraine waits impatiently for new US ammunition as intense Russian attacks continue
Ukraine needs at least seven Patriot air defence systems, Ukrainian President Volodymyr Zelenskiy said, urging allies “not to waste time,” in his daily broadcast on April 27, as Ukraine continues to get pummelled by Russian missiles.
Czech tycoon Kretinsky enters steel business with 20% stake in Thyssenkrupp
EP is in talks to acquire a further 30% of the steel business in a pursuit of forming a 50:50 joint venture.
Fitch believes Bulgaria unlikely to enter eurozone in January 2025
Return to political instability has put Sofia’s eurozone entry target date at risk.
It’s no slip-up, there are almost no bananas in Turkmenistan
Analysis shows Turkmens consume less than one banana per person per year.
Saddam-era Iraqi howitzers get delivered to Ukraine
Weapons once belonging to Iraq’s former dictator Saddam Hussein’s regime are now being delivered to Ukraine via the Baltic Sea in the strangest of developments this year in the war in Ukraine.
Orban: Hungary is island in the European progressive liberal ocean
“We must drain the swamp in Brussels in June and in Washington in November,” Hungarian premier says.
European Parliament rules Russia’s presidential election illegitimate, calls Putin a "murderer"
In a sting blow for the Kremlin, the European Parliament ruled that Russia’s presidential election was illegitimate and blamed Russian President Vladimir Putin personally for the “murder” of opposition activist Alexei Navalny.
Poland in two minds over Ukraine’s efforts to bring conscription-age men home
Poland is ready to help Ukraine bring conscription-age men home after Kyiv stepped up its mobilisation effort, a top government official said this week. But hundreds of thousands of people leaving Poland could be a huge problem for the economy.
Bulgaria to lose €665mn under recovery plan after delaying liberalisation of power market
Experts suggest the country could lose all of the remaining €4.4bn allocated under the recovery plan over delayed or failed reforms.
Germany charges seven Central Asians with forming terror group
Five are Tajik nationals. Headache for Rahmon regime with Tajikistan looking increasingly like a major recruiting ground for international terrorists.
Kuwait reacts angrily to being cut out of Iraq and Turkey’s transport project
Kuwait witnessed a wave of angry reactions on April 25 after Iraq, Qatar, the United Arab Emirates and Turkey signed a quadrilateral memorandum of understanding in Baghdad to establish the "Development Road" project, linking Turkey with the Gulf.
EU warns Georgia that 'foreign agents' bill could block accession hopes
The European Parliament has called for Georgia’s accession process to be suspended if the Georgian parliament passes the so-called “foreign agent" law.