Donors getting nervous due to speculations over de-nationalisation of Ukraine's PrivatBank

bne IntelliNews March 22, 2019

The United States embassy to Ukraine unexpectedly said on March 21 that its diplomats "are closely monitoring" developments surrounding the nation's largest lender by assets, PrivatBank, nationalised in late 2016.

Prospect of Georgia’s flagship Anaklia port project returning to state hands raised by minister

Iulian Ernst in Bucharest March 22, 2019

Infrastructure officials claim deep sea port investors face financing headache. Sceptics will ponder possible links to TBC Bank probe.

Russia places $3bn and €0.75bn Eurobonds in biggest issue in six years

Vadim Dumesh in Paris March 22, 2019

Russia's Finance Ministry has swiftly placed $3bn and €0.75bn worth of Eurobonds, maturing in 2035 and yielding 5.1% and 2025/2.375%, respectively – the biggest issue in six years

Spy accusation scandal breaks out over IIB's move to Hungary

Ben Aris in London March 21, 2019

The multilateral development bank, International Investment Bank, has moved its headquarters from Moscow to Hungary, provoking accusations that it will become a nest of spies used by Russian security forces.

Turkey’s Vakifbank selling 5-year dollar eurobonds, initial price guidance 8.375%-8.5%

Akin Nazli in Belgrade March 21, 2019

IIF observes expansion in economy’s positive Q1 credit impulse. “Short term this boosts GDP, but that's not necessarily positive for the Turkish Lira, as markets want less credit-dependent growth,” it notes.

Ukraine expert forecasts second-round run-off between Zelensky and Poroshenko

bne IntelliNews March 21, 2019

Ukrainian comic and presidential candidate Volodymyr Zelenskiy and President Petro Poroshenko will face each other in the second-round run-off of the 2019 presidential election, Zenon Zawada at Kyiv-based brokerage Concorde Capital predicted in a res

Al Breach’s hedge fund rockets to $1.4bn in assets

Jason Corcoran in London March 21, 2019

A hedge fund founded by former Russian star strategist Al Breach has seen its assets under management rocket by 70% last year to almost $1.4bn, bne IntelliNews can reveal.

European People's Party suspends Fidesz' membership

bne IntelliNews March 21, 2019

Viktor Orban's party manages to avoid expulsion from centre right grouping, as the Hungarian PM vowed to end his campaign against Brussels and apologise to Fidesz critics within the party group.

Ukraine government to extend contract with incumbent CEO of gas monopoly

bne IntelliNews March 21, 2019

The Ukrainian cabinet will extend a contract with CEO of the nation's state-owned natural gas monopoly Naftogaz Andriy Kobolev for one year, Volodymyr Groysman said at a government meeting on March 20.

Croatian government fails to decide on €930mn Uljanik restructuring

Carmen Simion in Bucharest March 20, 2019

Zagreb to decide within days on whether to restructure troubled shipbuilding group to allow it to file for bankruptcy.

Kazakh parliament votes to rename Astana as Nursultan to honour departing president

Nizom Khodjayev in Astana March 20, 2019

Day also sees resigned leader’s daughter made Senate speaker but there’s considerable doubt that she will turn out to be the true presidential successor.

Russian Towers boosts revenues by 35% in 2018, keeps expanding

bne IntelliNews March 20, 2019

Telecoms towers business Russian Towers increased revenues by 35% year-on-year in 2018 to over RUB3bn ($47mn), the company's head Alexander Chub told the press on March 20, as cited by Interfax.

Turkey sells billion dollars of 10-year eurobonds at 7.15%

Akin Nazli in Belgrade March 20, 2019

Moody’s moves country’s external vulnerability risk to High+ from High due to country’s high external financing requirements.

Appeal court gives Karadzic life sentence, confirms genocide conviction

Denitsa Koseva in Sofia March 20, 2019

The Hague court rules that the gravity of the former Bosnian Serb leader's crimes is too great for the previous sentence of 40 years in prison.

Over two-thirds believe Ukraine headed in the wrong direction, President Petro Poroshenko leads disapproval polls

bne IntelliNews March 19, 2019

Over two-thirds of respondents in new Rating poll believe Ukraine is headed in the wrong direction, and half say they won't vote for incumbent President Petro Poroshenko "under any circumstances".

Erdogan warns opposition candidate tipped to win Ankara poll of exposure to legal action

bne IntelliNews March 19, 2019

Mansur Yavas will “pay a serious price and make our fellow residents of Ankara pay a price too” strongman warns in TV interview.

Tymoshenko's allies accuse Ukrainian president of "buying votes" using nationalised PrivatBank

Sergei Kuznetsov in Kyiv March 19, 2019

Politician close to opposition leader Yulia Tymoshenko claims President Petro Poroshenko and his team have imported hundreds of millions of hryvnias via PrivatBank in order to bribe voters.

Erdogan’s use of shootings footage at election rallies draws rebuke and scorn

bne IntelliNews March 18, 2019

Recession-hit populist president accused of distracting voters with angry rhetoric over anti-Muslim and anti-Turkey sentiment.

Croatian trade unions push for referendum on retirement age increase

bne IntelliNews March 18, 2019

“We are a sick, overworked and poor nation,” says union leader at launch of "67 is too much” campaign, as Croatia becomes the latest ex-socialist country to see a pitched battle over pension reform.

Ukraine’s far right protestors attack riot police with toy pigs

bne IntelliNews March 18, 2019

Protestors gathered near the Presidential Administration and faced off with a four-deep line of police in full riot gear but began to pepper them with a barrage of soft toy pigs.