Russia and China will struggle for common policy on possible Russian soft underbelly Central Asia, Afghanistan, Mongolia, the vital Europe/Asia Caucasus crossroads, the Baltics, CEE and SEE.
Milo Djukanovic led the first round of the election, but faces a credible threat from newcomer Jakov Milatovic in the runoff.
Longstanding ruler Milo Djukanovic is fighting off challenges from newcomer Europe Now’s candidate Jakov Milatovic and pro-Russian Andrija Mandic.
23.8% y/y rise in food prices is main driver behind annual hike in consumer prices.
The Western Balkan countries are following the path established by Central Europe that emerged as a prominent manufacturing and services hub early in the transition period.
Moscow has a history of interference in Montenegro, where rightwing pro-Russian candidate Andrija Mandic is trying to unseat incumbent President Milo Djukanovic.
Europe Now puts forward deputy leader Jakov Milatovic in bid to end Milo Djukanovic’s three-decade dominance of Montenegrin politics.
Invasion of Ukraine "accompanied by all-out repression and censorship at home", says EIU, presenting latest Democracy Index.
Europe Now leader Milojko Spajic, seen as a threat to incumbent President Milo Djukanovic, was blocked from standing as he has dual citizenship.
Faced with governments struggling with high debt burdens in South Asia and Africa, and growing regulatory caution in Europe, China is increasing its focus on Central Asia, Fitch analysts said.
The EBRD lowered its forecasts for more than half its 36 countries of operation, anticipating average growth of just 2.1% this year.
UEFA Europa Conference League match to take place days after Moldovan President Maia Sandu revealed Russian plans to destabilise the country.
The free flow of ideas, people, goods, services, and capital across national borders leads to greater economic integration. But globalization, the trend toward these things moving ever more freely between nations, has slowed in recent years.
The COVID-19 pandemic pushed CEE students towards Western online MBA courses, but they are now returning to face-to-face studies, say the region's business school heads.
Mercantilism is also replacing globalisation, and the US has a declining interest in European affairs.
Dealmaking in Central Europe is set to rebound, says law firm's long-standing Prague managing partner, as new kinds of investor move into the region.
Friendshoring has replaced nearshoring after the invasion of Ukraine, benefiting Western-aligned states but causing a shift away from Serbia.
wiiw believes that most countries of the region have “probably already digested” most of the economic shock caused by the Ukraine war, provided Russia does not escalate the conflict further.
Montenegro does not have its own currency and has been using the euro since 2006 when it peacefully seceded from its loose union with Serbia.
The weak macroeconomic backdrop and the spectre of possible recession are likely to stifle M&A in the coming months, according to the annual CMS/Emis Emerging Europe M&A Report.