News

Turkey delivers hundreds of heavy machine guns to Ukraine

bne IntelIiNews October 4, 2023

Ankara continues to quietly permit defence sales to Kyiv despite attempting to serve as a neutral mediator in the conflict with Russia.

Ukraine would be entitled to a massive €186bn of subsidies over seven years if it joins the EU

Ben Aris in Berlin October 4, 2023

As Kyiv would be entitled to approximately €186bn of EU subsidies over seven years, that would cause a revolution in how Brussels’ budget is generated and force a deep reform on the way the EU works before Ukraine can be admitted.

EU passes €50bn support for Ukraine in new budget, but US only has six months of funding left

bne IntelliNews October 4, 2023

The European Union has voted through a new multi-year budget for 2021-2027 that locks in €50bn of funds for Ukraine, but new US spending bill excludes Ukraine.

Ghanaian supporters of Russian mercenary group Wagner arrested for allegedly plotting coup

Kent Mensah in Accra October 4, 2023

At least five Ghanaians linked to Russia-backed mercenary group Wagner have been arrested for allegedly plotting to overthrow the government.

Hungarian government finally raises 2023 deficit target from 3.9% to 5.2%

Tamas Csonka in Budapest October 4, 2023

Government bows to reality after deficit hits 6.3% in first half.

Hungarian government asks banks to introduce voluntary rate caps

Tamas Csonka in Budapest October 4, 2023

According to the proposal, new loans for working capital credit for businesses should be capped at 12%.

European Commission and Hungary deny report of deal with Hungary over EU funds

Tamas Csonka in Budapest October 4, 2023

Reported deal would unfreeze Hungary's EU funds in order to win Budapest's approval for the increase of the EU budget to aid Ukraine.

Poland and Czechia to reintroduce controls on border with Slovakia

Wojciech Kosc in Warsaw, Albin Sybera October 4, 2023

Migration control has emerged as a central theme in both Poland’s and Slovakia's general election campaigns.

Serb List official detained in Serbia following Banjska incident in Kosovo

Valentina Dimitrievska in Skopje October 3, 2023

Kosovo will formally request the extradition from Serbia of all individuals involved in the planning and execution of the recent "terrorist incident".

Kyrgyz strongman Japarov gets power to reverse constitutional court rulings on ‘national moral’ grounds

bne IntelIiNews October 3, 2023

Critics say populist president constructing highly authoritarian state that apes Putin regime.

France could join India as new arms supplier of choice for Armenia

Ani Avetisyan October 3, 2023

France is emerging as a potential new defence ally and arms supplier for Armenia, as Yerevan’s relations with Russia continue to deteriorate.

Armenia ratifies Rome Statute despite Russian threats

Ani Avetisyan October 3, 2023

Kremlin had said it would see the ratification as an “extremely hostile” move towards Russia.

Pellegrini takes 'tough' stance as kingmaker of next Slovak government

Albin Sybera October 3, 2023

Hlas party leader does not rule out entering into a coalition with the liberal Progressive Slovakia party, rather than the election-winning Smer party of his former colleague, Robert Fico.

NBU abandons fixed exchange rate

bne IntelliNews October 3, 2023

The National Bank of Ukraine (NBU) has officially declared the end of the 18-month-long fixed-exchange-rate regime and introduced a "managed flexible" exchange-rate system, effective from October 3.

Ukraine bows to Hungarian demands and removes OTP bank from 'international sponsors of war' list

Tamas Csonka in Budapest October 3, 2023

Budapest has used OTP being on the sponsors of war list as a pretext to block EU aid to Kyiv.

Fico given 14 days to form a new Slovak cabinet

Albin Sybera October 3, 2023

Analysts expect Fico to enter talks with his former party and cabinet colleague Peter Pellegrini, whose centre-left Hlas came third.

Georgian government accuses USAID of funding training for protests

Tornike Mandaria in Tbilisi October 3, 2023

Secret service claims the trainers gave lessons on violent protests, picket lines, traffic disruptions, and government building occupations.

EU considering measures against Serbia after Kosovo violence

bne IntelliNews October 3, 2023

European Commission spokesman says member states may decide to impose measures against Serbia if Belgrade does not do enough to de-escalate crisis in northern Kosovo.

Ukraine to become “a military production hub” as counter-offensive stalls

Ben Aris in Berlin October 2, 2023

Ukraine hosted an international defence industry conference in Kyiv on September 30. The country hopes to attract international arms manufacturers and make Ukraine a “large military production hub" to break the stalemate on the battlefield.

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