Daily List

Reuters

NATO said on Wednesday it would send more ships, planes and troops to eastern Europe to reassure allies worried by Russia's annexation of Crimea but shied...Read more

Erste

PM Sobotka is against privatizing the Mero and Cepro petroleum industry companies. FinMin Babis said that Cepro is definitely not something his ministry...Read more

European Commission

The European Commission has opened an in-depth investigation to assess whether the additional state support measures granted by Latvia to AS Parex banka (...Read more

Portfolio.hu

Hungary has made a a step up from 10th to 9th on a list of former Soviet bloc countries ranked by attractiveness to German investors, according to the 2014...Read more

BBN

Urve Palo, Estonian Minister of Economy, says that she is confident that Lithuanians will shortly accept that Vilnius cannot be included in the current...Read more

bne

The parliament in Moldova's breakaway republic of Transnistria voted on April 16 to appeal to Moscow for official recognition, followed by entry to the...Read more

Guy Norton in Zagreb

The inhabitants of Zagreb are currently enjoying the balmy weather conditions in the Croatian capital and have been packing out the terraces of the cityÔs...Read more

Reuters

Croatian oil and gas firm INA urged the government on Wednesday to halt a forced sale of its gas reserves from the country's storage facility, saying it...Read more

Teneo Intelligence

16 April 2014

As Serbia's newly elected parliament meets for its inaugural session today, 16 April, the surprise collapse of the negotiations between...Read more

Reuters

Slovenia plans to privatise its second-largest bank Nova KBM this year, Finance Minister Uros Cufer said, as the government seeks to increase budget income...Read more

bne

Ukraine continues to dominate Kazakhstan's foreign relations amid concerns over a military standoff between the country's armed forces and pro-Russia armed...Read more

bne

Kazakhstan's chief banker has joined a chorus of government officials in playing down concerns that the country will cede part of its sovereignty to...Read more

Trend

Azerbaijan is gradually reaching economic diversification and modernisation to improve its competitiveness, to ensure the country's sustainable economic...Read more

Azernews

Georgian Prime Minister Irakli Garibashvili has said he stands for improvement of relations with Russia. "Georgia should improve its relations with all," he...Read more

Kazinform

Kazakh customers have withdrawn KZT250bn after rumours about the imminent bankruptcy of three commercial banks spread in February. Kazakh chief banker...Read more

Moscow Times

Shooting broke out late on Wednesday near a base of the Ukrainian national guard which came under attack by pro-Russian separatists.

In a post on his...Read more

Moscow Times

A national payment system will be created by a new company controlled by the Central Bank, a Cabinet meeting decided Wednesday.

The system will be...Read more

Moscow Times

The eastern Ukrainian city of Slovyansk appeared calmer than some media reports suggested on Wednesday after Ukrainian authorities launched an anti-...Read more

UralSib

Market could drop 4-14% according to Lanit. Lanit, one of the largest IT holdings in Russia, is expecting its revenues to decline by at least 5% this year,...Read more

UralSib

Geneva talks and Putin Q&A session on today's agenda. A wave of optimism swept across global markets yesterday, driven in part by Chinese macro data....Read more

Moscow Times

Shooting broke out late on Wednesday near a base of the Ukrainian national guard which came under attack by pro-Russian separatists.

In a post on his...Read more

Moscow Times

The eastern Ukrainian city of Slovyansk appeared calmer than some media reports suggested on Wednesday after Ukrainian authorities launched an anti-...Read more

Nicholas Spiro Managing Director Spiro Sovereign Strategy

For a country which is supposed to be gearing itself up to launch an extremely ambitious IMF-backed economic adjustment programme, Ukraine is about as ill-...Read more

Ukraine Business Online

The USD=UAH exchange rate, which began the day on street exchanges at USD 100 = UAH 1130, strengthened further during the trading day to UAH 1110. While the...Read more

Concorde Capital

Investors extended their selloff of Ukrainian equities for the third straight session on Wednesday, April 16. The WIG Ukraine Index of Warsaw-traded stocks...Read more

bne

June 7, 2013

To cheering crowds greeting his return at the airport, Turkish Prime Minister Recep Tayyip Erdogan in general kept to his...Read more

VTB Capital

News: The Central Bank of the Republic of Turkey has published its regular weekly statistics: lending growth accelerated to 24.8% YoY and outflows from the...Read more

VTB Capital

News: Having returned home late last night, Prime Minister Tayyip Erdogan made a brief statement at 3am at Ataturk Istanbul airport to the pro-AKP crowd...Read more

Hurriyet Daily News

More than 10,000 supporters of Prime Minister Recep Tayyip Erdogan flocked to Istanbul's AtatŸrk Airport to greet him on his return from his four-day trip...Read more

VTB Capital

In May, the VTB Capital Banks Index was down 5.9%, underperforming both MSCI EM Banks (-1.9%) and MSCI RU (-3.6%). Russian banks were in a volatile trading...Read more

Weekly List

April 14, 2014
bne

Kazakhstan is continuing to calculate the damage caused by rumours circulated by text messages that three commercial banks faced imminent bankruptcy...Read more

Alfa Bank

The preliminary banking statistics released by the CBR yesterday show that Russian banks experienced a 2% m/m, or RUB350bn, decline in retail deposits in...Read more

<a href="http://www.themoscowtimes.com/">Moscow Times</a>

Crimea will be swept clean of Ukrainian banks within two weeks, a senior Crimean official said Friday.

In the process, a little known Russian bank...Read more

Sberbank CIB

Andrei Kostin discussed yesterday the "strong pressure" he says VTB Capital has been facing in recent weeks from the Bank of England. Kostin commented that...Read more

RIA Novosti

Stress tests conducted by the Russian Central Bank prove the country's banking sector could likely handle even the most extreme economic stress, the bank's...Read more

March 31, 2014
bne

Turkey banned YouTube on Thursday, less than a week after Ankara made a similar blackout of the social networking site Twitter. The country's telecom...Read more

Radio Praha

The US online retailer Amazon still believes it will be able to build a large distribution centre in a location outside Brno, the developer CTP Invest,...Read more

Interfax

As of March 27 a total of 696 providers have complied with the ruling of the Kyiv district administrative court on temporary broadcasts suspension of...Read more

Reuters

Lithuania banned broadcasts of a Russian TV channel for three months on Friday for showing a film that authorities said lied about events in 1991, when the...Read more

bne

Russian citizens trust state mass media outlets (62%) and note that the professional level of reporters has recently grown (54%), the Public Opinion...Read more

April 14, 2014
WSJ

Spreads on emerging-market sovereign bonds have been narrowing since last summer's "taper tantrum," a reflection of the improved fundamentals in some of the...Read more

Bloomberg

Turkey's lira weakened for a third day, while bonds and stocks fell, as Moody's Investors Service lowered the nation's credit-rating outlook to negative 11...Read more

bne

The global economic recovery will continue to gain traction, the International Monetary Fund (IMF) predicts in its latest World Economic Outlook released on...Read more

The <a href="http://www.themoscowtimes.com/">Moscow Times</a

TheÊRussian economy could stagnate due toÊpolitical tensions with Ukraine andÊcooling relations with theÊWest, theÊEconomic Development Ministry predicted...Read more

Concorde Capital

Russian Prime Minister Dmitry Medvedev cancelled a zero export duty for natural gas that is exported to Ukraine, he told to Gazprom CEO Alexey Miller on...Read more

April 14, 2014
Sberbank CIB

Evraz reported on Friday the sale of Czech asset Vitkovice Steel for $287m, of which $89m is cash and $198m is debt to be transferred to the buyers....Read more

VTB Capital

News: According to Bloomberg, UC RUSAL has hired bankers to sell its non-key assets. There has not been any confirmation from the company yet, but UC RUSAL...Read more

<a href="http://www.themoscowtimes.com/">Moscow Times</a>

Russia's top natural gas producer Gazprom has signed a deal to buy 100 percent of shares of Kyrgyzgaz for $1 and assumed the responsibility to repay $40...Read more

VTB Capital

News: Sistema has announced the acquisition of two pulp and paper companies from Bank of Moscow, Segezha Pulp and Paper Mill and Derevoobrabotka-Proekt. The...Read more

VTB Capital

News: Following the Anglo Platinum AGM, the company has announced that is considering divesting the Rustenburg mines. The strike is now in its tenth week...Read more

April 14, 2014
<a href="http://www.themoscowtimes.com/">Moscow Times</a>

Hungary is ready to ship natural gas to neighboring Ukraine at once while Slovak Prime Minister Robert Fico called for talks with Ukraine, Russia and the...Read more

HGN

Turkey has received $1.39 billion from Russia for the construction of Turkey's first nuclear power plant in Akkuyu for the first quarter of 2014.

...Read more

RFE/RL

Ukraine says it is suspending payments to Russia for natural gas deliveries until the dispute over the huge price increase that Russia is demanding is...Read more

Turkish weekly

The Customs Union (CU) is beneficial to both Turkey and the European Union, yet the smooth implementation of the scheme is under risk if the problems that...Read more

<a href="http://www.themoscowtimes.com/">Moscow Times</a>

Burger King Worldwide reached out Thursday toÊquash reports that theÊfast food chain's Russian franchise operator would expand toÊCrimea, which Russia...Read more

Focus News

The European Commission has published today for the first time a scoreboard on transport in the EU, the press centre of the European Commission. It compares...Read more

<a href="http://www.themoscowtimes.com/">Moscow Times</a>

Rising loans rates and a lack of trust in Russian investors among foreign banks have forced the government to consider using money from the National Welfare...Read more

bne

Kazakh aviation authorities have launched an inspection at the local air carrier SCAT after the second emergency landing in the past week. The Transport and...Read more

<a href="http://www.themoscowtimes.com/">Moscow Times</a>

Russian Railways said Friday that rail travel between Ukraine andÊRussia will not be disrupted, despite its Ukrainian counterpart suspending sales...Read more

VTB Capital

Earlier this week, Vladimir Yakunin, CEO of Russian Railways, made two important comments. First, Yakunin said that in 1Q14 the company recorded a net loss...Read more

UralSib

Inspects buildings in business district. The general prosecutor's office published the results of the inspection of buildings located in the Moscow City...Read more

bne

Property prices in the territories recently annexed to Moscow are plummeting, the Rway real estate portal reported, as cited by Vedomosti.

As a...Read more

Bank of Finland

Rosstat reports that the average price for residential apartments (measured in square metres of living space) in the first quarter of this year rose by...Read more

bne

PPF Group owned by Czech billionaire Peter Kellner plans to invest over EUR600m in the Russian real estate market until 2014. As a result, investments in...Read more

bne

May 26, 2013May

Russian real estate oligarch Sergei Polonsky, who is currently under arrest in Cambodia he is in negotiation to sell the developer...Read more

Special Reports

Azerbaijan

Azerbaijan treads a cautious diplomatic path

Azerbaijan is in a situation Poles can sympathise with - wedged between two powerful and occasionally belligerent neighbours, both of which have occupied it in the past. But while it has in common with Poland a difficult relationship with Russia, on its other flank lies not liberal democratic Germany, but theocratic and difficult Iran.

Not quite Spring in Azerbaijan

The demonstration ended with rubber bullets, water cannon and arrests - a common denouement to protests in Azerbaijan. But were the scenes in Baku on March 10 the sign of a swelling popular movement that could topple President Aliyev, or merely a minor drama involving a small rent-a-mob bent on provocation and with little support?

Azerbaijan's ambitions in space

In February, Azerbaijan launched its first commercial communications satellite Azerspace-1, which is designed to tap into the massive demand for high-quality broadband internet, data and broadcasting services across the Caucasus, Central Asia and Africa.

Promoting Azerbaijan

While businesses are figuring out what to make of the investment opportunities in Azerbaijan, the country is hard at work at finding ways to attract investors and encourage the growth of its non-oil sector.

Baku pushes Azerbaijan's high-tech sector

A state-owned venture capital fund is poised to start making its first investments in Azerbaijan, where the government is aggressively pushing the development of its ICT sector as part of its efforts to diversify the economy.