Can Russia cut off gas supplies to Europe?

Ben Aris in Berlin January 28, 2022

With the US threatening Russia with “massive consequences” if it invades Ukraine, Russia has threatened to take “military and technical” action in response. Is cutting Europe off from gas deliveries one of the Kremlin’s options?

President's resignation ends Armenian political calm

Neil Hauer in Yerevan January 28, 2022

Armen Sarkissian's surprise resignation means there are few checks and balances left on Prime Minister Nikol Pashinyan.

War in Ukraine would send global grain prices soaring, threatening a possible repeat of the Arab Spring

Ben Aris in Berlin January 28, 2022

Ukraine together with Russia is one of the world’s biggest grain exporters and already the main source of wheat for many developing countries. A Russian invasion of Ukraine would smash its agricultural sector and send grain prices rocketing.

Uzbekistan: How a power outage sent a country into meltdown

Eurasianet January 28, 2022

The way the utilities system is designed meant that a whole series of related essentials were quick to fail.

Emerging Europe M&A soars by 55% to €94bn in 2021

bne IntelliNews January 26, 2022

Dealmaking returns to pre-pandemic levels as confidence recovers and low interest rates and big cash piles push up valuations.

Lithuania looks for quality, not quantity in fintech

Linas Jegelevicius in Vilnius January 26, 2022

The central bank is implementing tighter standards following Lithuanian fintech UAB Finolita Unio's involvement in the Wirecard scandal.

Who needs a war?

bne IntelliNews January 25, 2022

Russia increases its military presence in Belarus as tensions rise with Ukraine. But whose interests will guide the Belarusian regime’s actions?

Outbreak of calm grips Ukraine

Cameron Jones in Kyiv and Dominic Culverwell in Berlin January 25, 2022

The mood in the Ukrainian capital remains calm, despite the build up of Russian troops on the border, bomb threats in schools in Kyiv and the US and UK embassies evacuating their staff.

Primark to launch in Romania as it pursues CEE expansion

bne IntelliNews January 24, 2022

As pandemic's impact on retail sector recedes, Primark continues CEE expansion with plans to open new stores in Poland and Slovakia as well as Romania.

All eyes fall on Nazarbayev clan’s extraordinary wealth as Kazakhstan’s Tokayev asserts authority by targeting super rich

Nizom Khodjayev in Nur-Sultan January 24, 2022

Across three decades fabulous riches were secured at home and offshore in oil, gas, metals, banking and luxury property.

UniCredit's hopes of acquiring Russia's Otkritie Bank marred by geopolitical tensions

Theo Normanton in Moscow January 21, 2022

UniCredit is considering a takeover of Russia's Otkritie Bank, but rising geopolitical tensions coupled with an increasingly competitive financial environment could jeopardise the plan.

Ukraine crisis: money becomes a weapon

Ben Aris in Berlin January 21, 2022

Money has become a weapon in the expanding crisis over Russia’s demands for a halt to Nato’s eastern expansion. In the Cold War Russia and the West were ideologically opposed. Now both are capitalist, where money offers leverage over Russia.

OUTLOOK: 2022 Serbia

bne IntelliNews January 20, 2022

President Aleksandar Vucic and the ruling SNS to be put to the test in election year.

OUTLOOK: 2022 Albania

bne IntelliNews January 20, 2022

Construction and tourism support robust recovery from coronacrisis.

OUTLOOK: 2022 Bulgaria

bne IntelliNews January 19, 2022

A year of reform lies ahead after Bulgaria finally gets a new government.

BlackRock catches Turkish gaming fever as Dream and Spyke announce spectacular deals

Akin Nazli in Belgrade January 18, 2022

Istanbul’s mobile games developer Dream Games raises $255mn in Series C funding round, which valued enterprise at $2.75bn. Largest asset manager in the world joined the investors.

OUTLOOK: 2022 North Macedonia

bne IntelliNews January 18, 2022

Another year of uncertainty lies ahead as Skopje continues quest to progress on EU accession while also grappling with corona and energy crises.

OUTLOOK: 2022 Romania

bne IntelliNews January 18, 2022

Coalition of rivals installed in Bucharest faces challenges of rising inflation and decline in industrial production.

Old challenges for new government in North Macedonia

Valentina Dimitrievska in Skopje January 18, 2022

Dimitar Kovacevski’s government inherited the challenges of solving divisions with Bulgaria that have blocked Skopje’s EU integration process, as well as dealing with the COVID-19 pandemic, the energy crisis and rising inflation.

Mocked as the ‘Nebati Comet’, Turkey’s finance minister is accused of baffling the markets

bne IntelIiNews January 17, 2022

Interviewer who asked Erdogan loyalist to put a number on an economic target is told, "Can you look into my eyes? What do you see?... The economy is the sparkle in the eyes."