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Eurostat report shows Romania experienced four years of industrial decline after COVID-19 pandemic struck, following years of sluggish growth.
Romania’s GDP per capita soars to 77% of EU average, up from just 57% in 2012.
Alfa Bank is a doyen of the Russian banking sector, a well spring of trained talent in the 1990s that did “real” banking business at a time when most oligarchs’ banks were either “bank-like” institutions or glorified treasury operators.
Russia has managed to largely bypass Western sanctions on technology and semiconductor imports to supply itself with technology to keep its economy working and build sophisticated weapons.
Looking forward to the end of the war, whenever it happens, policymakers are already speculating on how many of the refugees and migrants are likely to stay and how many will return.
Looking at pledges of military aid to Ukraine between January 24, 2022 and January 15, 2023, the US government has committed to providing more financial assistance for military purposes than any other country.
Russia’s invasion of Ukraine and related sanctions have distorted trade routes across the Eurasian continent.
The EBRD lowered its forecasts for more than half its 36 countries of operation, anticipating average growth of just 2.1% this year.
Czech international Jakub Jankto has become the highest-profile active footballer to come out as homosexual.
Baltic states maintain trade in unsanctioned goods with their giant neighbour Russia since President Vladimir Putin’s invasion of Ukraine, despite their staunch opposition to the Russian aggression.
Russia’s residents believe the Baltic states are a threat to Russia, the Levada Centre survey commissioned by the Estonian Foreign Ministry has found, LRT.lt, the website of public broadcaster LRT, reported on January 25.
Despite the intense pressure being brought on Berlin to allow Europe’s Nato members to send their advanced Leopard 2 tanks to Ukraine, a summit at the Nato Ramstein airbase failed to approve the measure.
Eight countries in Europe recorded all-time high temperature records for January on New Year’s Day this year. The following data draws from the visualization of meteorologist Scott Duncan and reports by the BBC, Statista reports.
The United States pledged $50.9bn in military, financial and humanitarian aid to Ukraine between the start of the Russian invasion in February 2022 and November 20.
US Department of Justice says Danske allowed “high-risk customers”, including many from Russia, to access the US financial system.
With most COVID-19-related support measures having been phased out, borrowers are now being put under pressure by surging inflation and sharply rising interest rates.
Following an on-air gaffe, Latvia's National Electronic Media Council (NEPLP) has cancelled Dozhd's (Rain's) licence for threatening national security.
Russia's invasion of Ukraine has caused a tsunami of M&A deals as Russia’s private companies scramble to restructure their businesses. Yandex, Russia's internet giant, will be the biggest victim and it will cost investors billions of dollars.
Instant storm of reaction after two Russian missiles were reported to have gone off course over Ukraine and hit a Polish village, killing two people. It was later reported that they were in fact Ukrainian missiles.