Georgia

Oligarch and party chief Ivanishvili buys Georgians’ bad loans ahead of election runoff

Iulian Ernst in Bucharest November 20, 2018

Eyebrows raised as tycoon’s foundation agrees to acquire in-default debt ahead of highly competitive November 28 vote faced by his favoured candidate.

4G growing fast in CEE with mobile penetrations running ahead of the global average

EWDN in Moscow November 13, 2018

The research branch of international mobile operator association GSMA has released a report on the mobile economy in Russia and 11 neighbouring countries that found the digital economy and telecoms services are growing faster than the global average.

Wine production going strong in Eastern Europe

bne IntelliNews October 31, 2018

Global wine production rebounded in 2018 after last year’s historically low harvest, OIV data shows, with some of the East European wine producers expecting massive hikes in output this year.

Row in Italy over U-turn allowing completion of Azerbaijan-to-EU gas pipeline

bne IntelliNews October 30, 2018

Environmentalists furious after 5-Star backs off from pledge to cancel project claiming it only found out about €20bn contract kill fee after going into government.

Near photo-finish in Georgia’s presidential election first-round vote

bne IntelliNews October 29, 2018

Ruling party-backed Zurabishvili to face opposition-supported Vashadze in runoff to be held by December 2.

Georgia’s weekend presidential election marks transition to parliamentary republic

bne IntelliNews October 26, 2018

Two ex-foreign ministers remain favourites to win the October 28 contest as ruling Georgian Dream party looks to cement political control of the small nation.

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