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National Bank of Serbia to continue moderate tightening of monetary conditions to ensure inflation follows a downward trajectory.
Turkey is heading for a classic currency crisis. All of its reserves and then some are borrowed.
Russia’s budget posted a record deficit of RUB3.411 trillion in the January-May period.
Inflation slowdown started in November after the government capped prices of basic food products.
The strengthening of Moldova's ties with the EU opened European markets to the breakaway Transnistria republic but the long-frozen conflict still has to be resolved.
While energy price growth remained strong, the increase in prices of intermediary goods slowed to 3.0% y/y – the slowest annual advance since 2020.
Geothermal energy could strengthen Hungary’s energy security, replacing up to 1.5 bcm of natural gas a year.
European electricity consumers will save some €100bn on their energy bills due to the rapid expansion of renewable energy sources caused by the Russian-induced energy crisis, the International Energy Agency said in a report.
ENAG inflation research group contends headline figure was 109% y/y, up from April calculation of 105% y/y.
Prime Minister Viktor Orban attended the inauguration ceremony of Turkish President Recep Tayyip Erdogan on June 3, the only representative of an EU member country to do so. No information was released on the informal talks between the two leaders.
Uzbekistan’s foreign direct investment (FDI) inflows increased from $2bn in 2017—the year the nation started transitioning to a free market from a centrally planned economy—to $9.8bn in 2021, ...
West might talk tough on Russia sanctions enforcement, but it may have to settle for half-hearted promises from region.
Croatian investment group is already preparing a major investment cycle focused on developing renewable energy.
Siemens is to deliver energy projects worth €3.4bn in Uzbekistan. The investment announcement was made as the German conglomerate's president for the European region Ariel Porat arrived in ...
De Ruyter has laid out a case for decarbonisation to allay South Africa's deepening energy crisis, which he says would restore investor confidence and create jobs amid staggering unemployment levels.
The authorities suffer from a case of misplaced priorities in thinking about the future. This and more in this week's Eurasianet Akhal-Teke Bulletin.
Deal could be struck ahead of COP 28 climate summit. It would be hailed as a major breakthrough in addressing global warming.
Uzbekistan’s President Shavkat Mirziyoyev on May 30 released his election manifesto at the Liberal Democratic Party congress. Sustainable economic growth that gives Uzbekistan the status of a ...
“This is not Moscow” chant protesters outside presidency after barrage of attacks from prosecutors and politicians.