News

EU members still fail to make headway on gas price cap proposal

bne IntelliNews October 10, 2022

EU leaders convened once more on October 7 to discuss the introduction of a price cap on gas imports, but once more, member states failed to decide on what form the measure would take.

CEE faces 'huge correction' in bond yields, says Erste

Robert Anderson in Prague October 10, 2022

The end of the monetary tightening cycle amid the tougher international environment will mean a correction of 200 basis points in 10-year yields in Hungary, and from 80-140 bps in Czechia, Poland and Romania.

"We are not scared, we are just very very angry" – Ukrainians respond to major missile attacks on Kyiv

Dominic Culverwell in Berlin October 10, 2022

Russia’s missile strikes on Kyiv have broken two months of relative peace in the capital and once again imprinted a bloody reminder of Moscow’s willingness to cause mass destruction.

UPDATED: Kyiv, Dnipro and half a dozen other cities hit by rocket attacks

bne IntelliNews October 10, 2022

Dozens of missiles struck the centres of Kyiv and half a dozen regional cities without warning on the morning of October 10, sending residents scurrying for cover in bomb shelters and the metro.

Protesters set up 100 tents to occupy main boulevard in Chisinau

Iulian Ernst in Bucharest October 10, 2022

Moldova’s ruling party has accused Chisinau mayor Ian Ceban — a former member of the pro-Russian Socialists — of encouraging the protesters.

Kyrgyzstan scraps military drills in latest sign of Russia’s waning influence in Central Asia

Aida Kadyrzhanova in Almaty October 10, 2022

Move to cancel CSTO exercises made following border fighting with Tajikistan and with Armenia already angry that military bloc has been ‘missing in action’.

Ukrainian refugees stuck for days at Russian border crossings as they flee to Europe

Mack Tubridy in Tbilisi October 9, 2022

Thousands of Ukrainian refugees are trying to make their way into the EU through border crossings in the Pskov and Leningrad regions following Moscow's sham referenda in southeastern Ukraine and its announcement of a partial mobilisation.

Montenegro holds Pride march despite church's opposition

bne IntelliNews October 9, 2022

Organiser says society "polarised and divided" as presidency and government buildings in Podgorica are lit up in rainbow colours.

EBRD chief raises concerns over Turkey’s ‘outlier’ monetary policy

bne IntelIiNews October 9, 2022

Discussions held with finance minister and central bank governor. President Erdogan, however, tells rally next day that under him rates will fall with “each passing day, each passing week, each month.”

Inflation "banned" in Belarus

bne IntelliNews October 8, 2022

Due to this year’s high inflation levels in Belarus, Belarusian strongman Alexander Lukashenko yesterday decided to impose a ban on any further price increases in the country, effective immediately.

Truck bomb destroys part of Kerch bridge to Crimea

bne IntelliNews October 8, 2022

A truck driving over the Kerch bridge that connects the Russian mainland to Crimea exploded in the early hours of October 8 destroying a section of the bridge and setting an adjacent fuel train on fire, in the latest setback for President Putin.

Turkish, Armenian leaders go ahead with first-ever face-to-face meeting

Ani Mejlumyan in Yerevan October 7, 2022

Little evidence of progress in normalising Yerevan-Ankara relations or resolving conflict between Armenia and Azerbaijan following Prague encounter.

NHL season opens in Prague amid hybrid ice hockey warfare with Kremlin

Albin Sybera October 7, 2022

Czech hockey legend calls on the foreign ministry to prevent Russian players playing in the NHL opener in Prague.

Slovak hospitals face collapse

bne IntelliNews October 7, 2022

A recent wave of resignations by medical staff at Slovak health facilities could mean that some of the hospitals are forced to shut down by December.

Head of Ukraine's national bank under criminal investigation days after resignation

Dominic Culverwell in Berlin October 7, 2022

The head of the National Bank of Ukraine, Kyryl Shevchenko, is under criminal investigation following allegations of fraud, Economic Pravda reported on October 6.

Kyiv fires back at Putin's order to take over Zaporizhzhia power plant

Dominic Culverwell in Berlin October 7, 2022

Russian President Vladimir Putin signed a decree transferring the occupied Zaporizhzhia nuclear power plant (ZNPP) to Russian federal ownership, Ukrainian Pravda reported on October 5. In turn, Ukraine condemned the illegal action.

Kyrgyzstan’s president skips Putin, Rahmon 70th birthday celebrations

bne IntelIiNews October 6, 2022

Sadyr Japarov takes decision not to attend St Petersburg CIS event with anger at home over Tajikistan’s September “invasion” still raw.

Serbia and Croatia spar over ban on oil transport through Janaf pipeline

Valentina Dimitrievska in Skopje October 6, 2022

Belgrade blames historic differences with Zagreb for failure to secure exemption to EU ban on Russian oil imports.

Whistleblower who revealed massive corruption at Bulgarian border checkpoint fired

Denitsa Koseva in Sofia October 6, 2022

Numerous experts appointed by Kiril Petkov's reformist former government have been removed since the change of government in June, undermining the fight against corruption.

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