News

EU likely to wait until general elections before imposing sanctions against Hungary

bne IntelliNews January 28, 2022

Justice commissioner says there will be an extensive back-and-forth period with Budapest before ultimately submitting a proposal to the Council of the EU.

EU Launches WTO case against China over Lithuania blockade

bne IntelliNews January 28, 2022

China started blocking Lithuanian products and some European goods that contained Lithuanian components at customs last month.

Banks slam Slovenia’s new legislation on Swiss franc loans

bne IntelliNews January 28, 2022

Bankers warn that if adopted law will damage Slovenia's reputation as a reliable international financial market.

Academic group that publishes alternative Turkish inflation data faces court action that could close it down

bne IntelIiNews January 27, 2022

Officials angered by ENAG’s 'rival' figures amid economic crisis. Group says end-2021 inflation in Turkey was 83%. Official statisticians calculated 36%.

Popular former energy trader to lead Slovenia’s Movement Freedom into April general election

Valentina Dimitrievska in Skopje January 27, 2022

Based on his strong performance in the polls, Robert Golob is seen as a serious rival to incumbent Prime Minister Janez Jansa.

Russia’s Lavrov gives cold welcome to US Nato enlargement crisis letter, but holds door open for more talks

Ben Aris in Berlin January 27, 2022

Russian Foreign Minister Sergei Lavrov gave a chilly reception to the formal written response from the US to the Russian Foreign Ministry’s eight-point list of demands issued in December, but held the door open for more talks.

wiiw slashes Emerging Europe growth forecasts for 2022 and 2023

bne IntelliNews January 27, 2022

Turkish growth is expected to slow to 3.5% this year, from a forecast 9.5% in 2021, while for Russia, GDP growth is forecast to slow to 2% from 4.5%.

US letter rejects Russia’s No Nato Enlargement demand, as Normandy Four talks resume

bne IntelliNews January 27, 2022

The US State Department has rejected Russia’s demands for a freeze on Nato’s expansion to the east in a highly anticipated written response to Russia’s December eight point list of demands delivered on January 26.

HRW calls for urgent independent probe into Kazakhstan unrest ‘met with bullets’

bne IntelIiNews January 26, 2022

Human rights watchdog releases findings from analysis of more than 80 verified videos from week that saw at least 227 killed.

Jailed Belarusian blogger Raman Pratasevich suddenly reappears on Belarus state television

bne IntelliNews January 26, 2022

Yesterday, the jailed Belarusian blogger Raman Pratasevich appeared on Belarus' state TV and showed support for the regime.

Hungarian central bank switches gear and raises base rate above forecast

bne IntelliNews January 26, 2022

The Monetary Council of Hungary’s National Bank raised the base rate by 50bp to 2.9% at its first monthly policy meeting of the year.

Another Nazarbayev head rolls as Kazakhstan’s Tokayev steps up purge after mass unrest

bne IntelIiNews January 26, 2022

Central Election Commission Berik Imashev replaced. At sovereign wealth fund, officials announce lie-detector tests will be used in crackdown on corruption.

Czechia and Slovakia lagging behind European average in fighting corruption, says Transparency International

bne IntelliNews January 26, 2022

Slovakia rises four places to 56th under new government, while Czechia remains stuck on 49th after Babis government's 'unfulfilled promises'.

Farmers union leader and journalist named as two new targets of Poland’s Pegasus hack

Wojciech Kosc in Warsaw January 26, 2022

Since the scandal broke, the Polish government has gone from denying any knowledge of Pegasus to admitting that Poland had bought it but not used it for political purposes.

Transparency CPI report ranks Hungary as second most corrupt country in EU

bne IntelliNews January 26, 2022

Hungary slipped four notches to 73th place in Transparency International's 2021 Corruption Perceptions Index ranking.

Belarusian hacktivists’ cyberattack on railway system to disrupt movement of Russian troops

Dominic Culverwell in Berlin January 25, 2022

The Belarusian Cyber-Partisans have targeted the state-owned Belarusian Railway, encrypting servers, databases and workstations in response to the presence of Russian troops in the country, the hacktivists announced via Twitter on January 24.

Croatian president clashes with government over Russia-Ukraine standoff

bne IntelliNews January 25, 2022

Ministers refute President Zoran Milanovic’s claim that troops will be withdrawn in case of an escalation of the conflict.

Explosion at Albanian Football Federation head’s home after voting scandal

bne IntelliNews January 25, 2022

FShF head Armand Duka is in a very public conflict with Tirana mayor Erion Veliaj, who has made accusations of corruption and pledged to "control football" in a secret recording.

Slovak parliament likely to approve defence agreement with the US

bne IntelliNews January 25, 2022

President adds statement to DCA to reassure MPs but opposition still demands referral to Constitutional Court.

Westinghouse corrals Polish companies to work on nuclear power plant

Wojciech Kosc in Warsaw January 25, 2022

Westinghouse is one of three companies looking to build four to six reactors by the mid-2040s in order to reduce the carbon intensity of electricity generation.

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