News

Slovenia’s opposition files no-confidence motion against Jansa cabinet

Valentina Dimitrievska in Skopje January 16, 2021

Opposition leaders accused the government of failing to deal with the coronavirus pandemic as well as the violation of fundamental principles of the constitutional order and freedom of the media.

Czech Pirates and Mayors approve final coalition agreement for 2021 elections

bne IntelliNews January 15, 2021

Opinion polls show grouping could win election and oust Prime Minister Andrej Babis.

The volume of the Russian National Wealth Fund tops $183.93bn as gold overtakes dollar asset for first time

bne IntelliNews January 15, 2021

The volume of the Russian National Wealth Fund in December 2020 increased by RUB89bn ($1.21bn) to reach RUB13.546 trillion ($183.93bn) as of January 1 as the share of gold in reserves overtook dollar assets for the first time ever.

Slovenia’s government to release funds to news agency STA after EU pressure

Valentina Dimitrievska in Skopje January 14, 2021

Janez Jansa’s conservative government suspended funding for the news agency in December after accusing it of unfair reporting.

EBRD investments reach record €11bn in pandemic-struck 2020

Clare Nuttall in Glasgow January 14, 2021

The development bank's focus has been helping existing clients by providing short-term liquidity and working capital.

Ukrainian government will cap natural gas price for households in a move that endangers its IMF deal

Ben Aris in Berlin January 14, 2021

Ukrainian government will cap natural gas price for households in a move that may further jeopardise the country’s co-operation with the International Monetary Fund (IMF)

Moldova fears flooding from Ukraine's planned Dniester hydropower plants

Iulian Ernst in Bucharest January 14, 2021

President Maia Sandu plans to ask to EU opinion on Kyiv's plans as environmental groups say existing HPPs are responsible for flooding in Moldova.

Montenegro’s new ruling coalition carves up top state jobs

Denitsa Koseva in Sofia January 13, 2021

The members of Montenegro’s new ruling coalition have agreed to share out the top jobs in the state administration and major state-controlled companies after months of tense talks.

Iran’s navy conducts missile drill while analyst argues Trump even capable of nuclear strike in final days

bne IntelIiNews January 13, 2021

"Desperate” US president “may try to ‘wag the dog’ by ordering a strike – perhaps with a tactical nuclear warhead – on Iran’s main nuclear facility in Natanz” says former White House economic council senior adviser.

EBRD says loan to Estonia’s controversial Porto Franco project was never disbursed

bne IntelliNews January 13, 2021

Tallinn real estate development is at the centre of the corruption case that brought down the Estonian government.

Turkish opposition leader lawsuit demands one lira from Erdogan, police probe “bald” interior minister posts

bne IntelIiNews January 13, 2021

Kilicdaroglu faces claim from Turkey’s leader for million lira in compensation after describing him as the “so-called president”.

Estonian premier quits after Tallinn development scandal

Linas Jegelevicius in Vilnius January 13, 2021

Opposition Reform Party leader Kaja Kallas tasked with trying to form a new government.

EU to begin certifying Russian Sputnik V vaccine for use in Europe

Ben Aris in Berlin January 13, 2021

Russia will begin the process of certifying its Sputnik V vaccine for use in Europe on January 19, according to Kirill Dmitriev, director of the Russian Direct Investment Fund (RDIF) that funded the development of the medicine.

Mongolia's winter dzud set to be one of most extreme on record says Red Cross

Anand Tumurtogoo in Ulaanbaatar January 13, 2021

As warning served, reports of more than 500 Bactrian camels killed amid extreme winter cold in Uvurkhangai province.

Top Centre Party official suspected of corruption in Tallinn real estate scandal

bne IntelliNews January 13, 2021

Scandal threatens to refocus public attention on the party's chequered history and further damage its already diminished popularity.

Sackings at Romania’s financial markets regulator after new chief pledges clean-up

Iulian Ernst in Bucharest January 13, 2021

Nicu Marcu was appointed by the parliament with a mandate to clean up the ASF after media reports of irregularities and conflicts of interest.

Akbank takes over Istanbul's Palladium Atasehir shopping mall

Akin Nazli in Belgrade January 12, 2021

Lender said to be negotiating acquisition of a second shopping centre in Turkey’s commercial capital.

Lukashenko: I am no enemy of the people

Ben Aris in Berlin January 12, 2021

Belarusian President Alexander Lukashenko has but one friend in the world and, in his own words, that person is Vladimir Putin, he told famous Russian reporter Nailya Asker-Zade.

Georgia’s political kingpin Bidzina Ivanishvili quits politics

Iulian Ernst in Bucharest January 12, 2021

"I deem my mission to have been accomplished,” says billionaire Georgian Dream leader, but adds that “it is heartbreaking” that the country does not have a “constructive opposition”.

Armenia’s PM cautions conflict with Azerbaijan “still not settled” after trilateral meeting with Putin

bne IntelIiNews January 12, 2021

Nikol Pashinian nevertheless agrees to Armenian, Azerbaijani, Russian working group to unblock regional economic and transport links.

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