News

Erdogan reportedly pulls out of COP26 after security downgrade

bne IntelIiNews October 31, 2021

British organisers said to have put restrictions on size of Turkish delegation and motorised vehicles.

Moldova seals 5-year contract with Gazprom

Iulian Ernst in Bucharest October 30, 2021

Moldova's long-term contract with Gazprom expired at the end of September, leaving the country vulnerable at a time when energy prices have surged across Europe.

Putin tells Gazprom to increase European gas supply

bne IntelIiNews October 29, 2021

Gazprom will first finish pumping gas into Russia’s own underground storage facilities. Once this process is completed, Putin has instructed Gazprom CEO Aleksei Miller to begin pumping gas to similar facilities in Germany and Austria.

Roll back judiciary reforms or you will get no recovery funds, EU’s von der Leyen tells Poland

Wojciech Kosc in Warsaw October 29, 2021

Poland and the EU are feuding over the former’s judiciary reforms, which, Brussels says, undermine the independence and impartiality of the judges.

North Macedonia’s ruling SDSM and opposition VMRO-DPMNE battle for Skopje

Valentina Dimitrievska in Skopje October 28, 2021

Independent candidate Danela Arsovska, backed by VMRO-DPMNE, is trying to wrest control of the capital from the SDSM's Petre Silegov in the mayoral election.

EU gives Moldova €60mn grant to mitigate energy crisis

Iulian Ernst in Bucharest October 28, 2021

Moldova has been struggling to pay for gas from alternative sources after Russia's Gazprom cut supplies on October 1.

Tajikistan approves Chinese plan to construct security base near Afghan border

Kanat Shaku in Almaty October 28, 2021

Dushanbe reportedly has also offered to transfer full control of existing, unacknowledged, base to Beijing. Chinese worried Afghanistan situation could benefit separatist East Turkistan Islamic Movement.

Kremlin issues warning after Kyiv uses Turkish drone in eastern Ukraine strike

bne IntelIiNews October 27, 2021

Bayraktar T2B said to have destroyed Russian-made howitzer in separatist-controlled area. Russia says uses of battlefield technology risks destabilising conflict situation.

Taiwan eyes economic representation in Vilnius by the end of 2021

Linas Jegelevicius in Vilnius October 27, 2021

Visit took place at a low point in relations between Vilnius and Beijing, with the latter vehemently opposing attempts to recognise Taiwan internationally.

Poland moots plans to make its army one of Nato’s largest

Wojciech Kosc in Warsaw October 27, 2021

Poland plans to more than double the size of its military to at least 250,000 troops, the country’s defence ministry said.

Constitutional Court ruling goes against key Bulgarian political player Petkov ahead of general election

Denitsa Koseva in Sofia October 27, 2021

Kiril Petkov, seen as a contender to become Bulgaria’s next prime minister, was found to have broken the law by holding dual citizenship while serving as caretaker minister.

Owner of Russian wine retailer Red & White to top IPO boom

bne IntelliNews October 27, 2021

Valuation of Mercury Retail, which owns Red & White and the Bristol food retail chain, could be as high as $20bn-25bn.

FX outlets in Turkey to stop trading in protest at new ID rule

bne IntelIiNews October 27, 2021

Government made move amid fresh wave of lira depreciation that took currency to just short of 10 to the dollar.

Romania’s Blue Air to stick to London IPO plan despite failed reverse takeover

Iulian Ernst in Bucharest October 27, 2021

Ridgecrest terminated talks on a possible takeover of Romanian low-cost airline Blue Air, but the airline still plans to press ahead with a London IPO in 2022.

From blue chips to green energy, new SPB index reveals the complex tastes of Russian retail investors

Theo Normanton in Moscow October 27, 2021

The SPB100 Index has been launched on the St Petersburg-based SPB Exchange. Trading started yesterday in the index that records the performance of prime stockpicks from Europe, America and Asia in the portfolios of Russian retail investors.

Slovenia’s economy shows signs of slowdown

Valentina Dimitrievska in Skopje October 26, 2021

As recovery continues, Slovenia is running up against the constraints of shortages of raw materials, intermediate products and skilled workers, central bank warns.

Kazakhstan turning ‘blind eye’ to Chinese corporate polluters – watchdog

Eurasianet October 26, 2021

Government agencies and Kazakh-Chinese companies are using the pandemic to shield themselves from scrutiny.

Moldova looks beyond Russia for natural gas supplies

Iulian Ernst in Bucharest October 26, 2021

As Moldova struggles to strike a new natural gas deal with Russia’s Gazprom, Chisinau has mandated state-owned company Energocom to buy additional gas from EU countries.

Taiwan launches big trade mission to Czechia and Slovakia

bne IntelliNews October 26, 2021

Visit is symbolic of the resurgence of links between the countries and Taiwan, and the downgrading of ties with China.

Sudden spike in coronavirus infections in Croatia and Slovenia

Clare Nuttall in Zadar Croatia October 25, 2021

Officials urge people to observe restrictions and get vaccinated as infections rise sharply.

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