Southeast Europe / Features

Election won’t derail reform process says North Macedonia’s PM

Clare Nuttall in London February 28, 2020

North Macedonia could get the go-ahead for EU accession negotiations as soon as March, the month before its citizens go to the polls in a snap general election, Prime Minister Oliver Spasovski said in an interview with bne IntelliNews.

Albania takes one step forward, two steps back towards the EU

Mark van Loon in Tirana February 27, 2020

After the refusal of some EU members to start accession negotiations with Tirana because of the lack of required reforms, I travelled to Albania to see and hear for myself.

TURKEY INSIGHT: Pure genius. With economy back on cliff-edge Erdogan’s MPs propose expanding credit guarantee fund

Akin Nazli in Belgrade February 19, 2020

Same day gives lira another wobble as central bank throws on another 50bp rate cut.

Fox Marble eyes expansion as it hopes to turn a corner in 2020

Clare Nuttall in Glasgow February 18, 2020

London-listed Fox Marble is developing world-class marble deposits that have long lain idle in the Western Balkans.

BRICKS & MORTAR: Small, prosperous Slovenia lures retail investors but eurozone slowdown looms

Clare Nuttall in Ljubljana February 17, 2020

Slovenia has seen a high level of investment by retailers over the last three years, but this is expected to slow as the eurozone crisis bites across the region.

TURKEY INSIGHT: Bearish sentiment builds on reports of foreign disinvestment and outsized bet against splintering lira

bne IntelliNews February 14, 2020

Currency “seems on invisible string attached to 6.00 level,” says one analyst, adding: “When it snaps, dollar-lira is likely to shoot toward May 2019 high at 6.2457.”

TURKEY INSIGHT: Markets finally hit lira for six again as ‘state interventions fail’

bne IntelliNews February 7, 2020

Jitters over a combination of negatives and global market dynamics send currency to weakest level since last May.

Banks on the run: odds shorten on Turkey losing both Unicredit and HSBC

bne IntelliNews February 5, 2020

Foreign investors unnerved by unpredictable and tight controls placed on economy by Erdogan regime are, meanwhile, largely avoiding Turkish sovereign bonds.

Slovenia’s “Banana King” takes to the skies

Valentina Dimitrievska in Skopje February 3, 2020

Why the world’s sixth-largest banana trader, Slovenian businessman Izet Rastoder, bought up the licences of bankrupt Adria Airways.

Returning migrants and trade disruptions: eastern EU members anticipate the cost of Brexit

bne IntelliNews January 31, 2020

Central European carmakers, Polish food producers and Czech brewers are among those expected to be hard hit by Brexit, but until a trade deal between the EU and UK is reached — or not — the extent of the fallout is impossible to predict.