Ukraine's interim government resigned on July 24 in a move designed to spark snap elections. Meanwhile, with the violence in eastern Ukraine unabated, international pressure continues to build on Moscow.
Germany's BayernLB announced on July 24 that it has agreed to sell Hungarian unit MKB to the state. A senior government minister called the purchase a "first step" in its strategy to raise local bank ownership.
Jan Kulczyk is back. After years of keeping a very low profile in his home country, Poland's richest man is again cutting deals and spooking politicians after becoming embroiled in an ongoing bugging scandal.
Police raided dominant power producer Slovenske Elektrarne on July 23, hunting for documents related to its privatisation. The action comes as Italy's Enel looks to sell the controlling stake it bought in 2004.
Hungary's conversion of foreign currency loans is now set to take place only next year, the economy minister said on July 21. The key question, however, remains the pace of conversion pushed by the government.
After weeks of disagreement, the Czech coalition announced on July 21 it has finally agreed on the country's next EU commissioner. The Ano party's Vera Jourova got the nod following political horse-trading.
The Polish government's plan to seize most of the assets in privately run pension funds is leaving the rump of the privately run system gasping for cash – something that will have negative consequences for the WSE.