Daily List

Reuters

European and Russian officials will meet this week and next for emergency talks to try to prevent Moscow cutting off gas supply to Ukraine, as Europe...Read more

Tom Nicholson in Bratislava

A key Slovak witness in a multi-million-euro international VAT fraud case has told police that top members of the Slovak ruling Smer party, the Tax Office,...Read more

Mike Collier in Riga

While a great deal of speculation has been taking place among policy wonks about whether Vladimir Putin will try to re-occupy the Baltic states given its...Read more

Markit

Growth of business activity in the euro area economy accelerated to its fastest for just under three years in April, leading to a return to job creation...Read more

IFR

Latvia is planning a euro-denominated benchmark sized bond, according to sources.

The Baltic nation is understood to have hired three banks to lead...Read more

bne

The Romanian government passed an emergency decree to set up a new department to handle privatisation on April 24, after attempts to sell off several major...Read more

Novinite

Bulgarian Foreign Minister Kristian Vigenin has pledged that Bulgaria will do everything within its power to implement the South Stream project.

Read...Read more

Fitch

A ban on Russian gas imports to the EU would cause substantial disruption to Europe's economy and industry, Fitch Ratings says. In the immediate aftermath,...Read more

Markit

Growth of business activity in the euro area economy accelerated to its fastest for just under three years in April, leading to a return to job creation...Read more

Reuters

Kosovo's parliament approved on Wednesday an EU-backed special court to try ethnic Albanian ex-guerrillas accused of harvesting organs from Serbs captured...Read more

bne

North Caspian Operating Company BV, the embattled operator of the giant Kashagan oil field, has replaced its chairman and managing director. The field...Read more

bne

Kazakhstan is planning to secure a substantial share of the grain markets in both Iran and China, the head of state-owned Food Contract Corporation...Read more

Azernews

Azerbaijan has accused Armenian troops of breaking ceasefire and wounding a soldier.

Read more...Read more

24.kg

Kyrgyz Economy Minister Temir Sariyev has dismissed local entrepreneurs' complaints about difficulties to trade with Customs Union countries as groundless...Read more

Kazinform

Social networking sites contribute to the spread of false information, the Kazakh president's eldest daughter Dariga Nazarbayeva told a media forum in...Read more

Fitch

A ban on Russian gas imports to the EU would cause substantial disruption to Europe's economy and industry, Fitch Ratings says. In the immediate aftermath,...Read more

Moscow Times

International payment systems operating in Russia may be obliged to pay security deposits amounting to nearly $20 million a year to the Central Bank to...Read more

Reuters

Russia has received a proposal from European Union Energy Commissioner Guenther Oettinger for a three-way meeting on gas between Russia, Ukraine and the...Read more

RIA Novosti

The Russian government has approved a state-run program to boost the socio-economic development of the Arctic regions of the country, the press service of...Read more

UralSib

Emerging markets lead global equities lower. Global equity markets declined yesterday, with emerging markets faring worse than developed markets. The MSCI...Read more

Ukraine Business Online

The leading candidate for the Ukrainian presidency, former Foreign Minister Petro Poroshenko, visited Israel over the weekend and met with President Shimon...Read more

Concorde Capital

The Russian Energy Ministry has offered EU Energy Commissioner GŸnther Oettinger to convene negotiations with EU and Ukraine on "natural gas issues" in...Read more

SP Advisors

Ukraine's tough near-term debt repayment schedule against the backdrop of heavy capital outflows has raised concerns about the country's ability to manage....Read more

Interfax

International Monetary Fund (IMF) staff has endorsed a $17 billion loan to Ukraine to help the government pay its debts amid a projected economic...Read more

Concorde Capital

The WIG Ukraine Index of Warsaw traded stocks rose 0.1% on April 23. Its biggest component, grain trader and sunflower oil producer Kernel (KER PW) advanced...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 22, 2014
Reuters

Hungary's central bank will acquire a controlling stake in interbank clearing company Giro Zrt, further tightening its grip on the financial system.

...Read more

European Parliament

Three measures to ensure that banks shoulder the risks of failure rather than relying on taxpayers to bail them out were approved by Parliament on Tuesday....Read more

Moscow Times

As the death count rises in Ukraine's eastern regions, Ukraine has opened criminal proceedings against Russia's largest lender, state-owned Sberbank, and 13...Read more

IHS Global

Alfa Bank Ukraine, a subsidiary of Russia's largest private bank Alfa Bank, announced yesterday (14 April) that it was ceasing banking activities in Crimea...Read more

RT

Banks polled by the Central Bank of Russia (CBR) say they want a completely new domestic payment system created from scratch instead of using one of the...Read more

April 22, 2014
Moscow Times

TheÊentertainment arm ofÊRussian Internet giant Mail.ru onÊThursday began charging viewers forÊvideo content, joining competitor Yandex inÊthe quest...Read more

Moscow Times

TheÊentertainment arm ofÊRussian Internet giant Mail.ru onÊThursday began charging viewers forÊvideo content, joining competitor Yandex inÊthe quest...Read more

RAPSI

The use of special equipment, in particular, for the tapping of private conversations and for surveillance, is regulated by law in Russia, President...Read more

RAPSI

The use of special equipment, in particular, for the tapping of private conversations and for surveillance, is regulated by law in Russia, President...Read more

Moscow Times

Russian long-distance telecoms provider Rostelecom has nearly competed laying anÊunderwater communication line across theÊKerch Strait, which will connect...Read more

April 22, 2014
April 20, 2014

Sberbank CIB

The Kazakh State Statistics Agency yesterday published key macro indicators for March. The short-term economic indicator (a proxy for...Read more

Bloomberg

Russian stocks rose the most in more than three weeks and bonds gained after talks on Ukraine yielded an agreement aimed at easing the conflict. The ruble...Read more

Mark Adomanis

It almost seems unfair to burden a country with so many problems, but while the attention of Ukraine's government has been focused on thwarting Russian...Read more

April 20, 2014

Sberbank CIB

Ukraine might place Eurobonds in 2014, secured by a guarantee from the US. The two governments recently signed an agreement that...Read more

Danske Bank

As Easter and spring are upon us, everything does not look as bad as it would seem. In our recent Emerging Markets Briefer (15 April) we raised our concerns...Read more

April 22, 2014
Reuters

Hungary's central bank will acquire a controlling stake in interbank clearing company Giro Zrt, further tightening its grip on the financial system.

...Read more

Portfolio.hu

Hungary's state energy holding company MVM has completed the acquisition of a 49.83% minority share in Budapest natural gas provider Fog‡z from German RWE...Read more

Erste

On-line economic server Motejlek said, with reference to intellinews.com, that JSW's CEO Zagorowski expressed an interest in potential acquisition of NWR....Read more

bne

Polish state-controlled insurance giant PZU is "in the final straight" to seal the acquisition of Lithuanian peer Lietuvos draudimas, sources claim. If...Read more

April 21, 2014

Sberbank CIB

VimpelCom Ltd has announced the signing of a share purchase agreement for the sale by its 51.9% subsidiary Global Telecom Holding (GTH)...Read more

April 22, 2014
JJLS

The Russian retail market saw 169,000 sq m of new completions in Q1 2014, according to JLL. Moscow received more than 30%, or two shopping centres (Reutov...Read more

Tim Gosling in Prague

The latest talks on sending gas from the EU to Ukraine via Slovakia ended on April 15 without agreement, as Bratislava continues to shy away from the plan....Read more

Tim Gosling in Prague

French giant Total said on April 14 that it is to join the exodus from the Polish shale gas hunt. The announcement puts a dampener on Warsaw's recent bid to...Read more

Stratfor

The threat of a Russian natural gas cutoff to Ukraine has lit a fire under Turkey, one of Moscow's biggest energy clients. Roughly 60 percent of Turkey's...Read more

Concorde Capital

EU Representative to Ukraine Jan Tombinski said on April 17 that he expects the Ukraine-EU Deep and Comprehensive Free Trade Area will take effect on Nov. 1...Read more

Moscow Times

The Moscow government is considering introducing a new law that would force those who own real estate in industrial zones to renovate their properties,...Read more

Novinite

Deputy Transport Minister Anton Ginev has cautioned that the Bulgarian State Railways (BDZ) company faces bankruptcy unless its accounts are unblocked....Read more

Moscow Times

President Vladimir Putin on Monday signed into law a controversial bill, allowing Russian airlines to hire foreign pilots.

The bill, initiated by...Read more

Moscow Times

Privately owned real estate company LSR Group has won a tender to redevelop the defunct ZiL automobile factory complex in southern Moscow, one of the...Read more

Moscow Times

President Vladimir Putin signed a law that makes changes to the Aviation Code allowing airlines to sell both refundable and nonrefundable tickets in an aim...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.