Ukraine's opposition leader, former prime minister and the leader of the Batkivshchyna (Fatherland) party Yulia Tymoshenko is going to create a war cabinet, whose composition will be made public closer to the presidential elections in March 2019.
German chancellor, who met Putin last week, is working hard to solve the Donbas dilemma but the upcoming ‘rebel elections’ are a big headache.
Baku, plagued by corruption headlines, and Ankara, wracked by economic turmoil, will welcome the plaudits.
Amid economic rebalancing and near-decade low on economic confidence index, September trade deficit shrinkage of 77% y/y confirmed.
Russia's economy was ranked 31st in the 2019 Doing Business report with a score of 77.37 (+0.61 year-on-year) up nearly a 100 places in the last five years, but shy of President Putin's goal of being in the top 20 by 2018
Prague is considered to be the second best city to live and do business in Central and Southeast Europe according to a study by the international consultancy company Arcadis
Russia could hit some 360 Ukrainian companies and 50 individuals with sanctions under the terms of a draft sanction package in the Duma aimed at Ukraine in a tit-for-tat retaliation to impending US sanctions on Russia
Russian state development bank Vnesheconombank (VEB) will be granted RUB600bn ($9.1bn) of budget subsidies through 2024 to fully cover external debt and has been rebranded VEB.RU
After meeting with Turkish, Azerbaijani counterparts ahead of upcoming oil sanctions, foreign minister warns of “severe consequences for the world order”.
After sharing information with Merkel and Macron, Turkish president turns screw on Saudis, saying: “Now we have to solve this case… it makes no sense to try to save certain people. We cannot let this subject end midway.”
Russia will not introduce a progressive income tax system, Finance Minister Anton Siluanov says, but admits Russian income inequality is too high.
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.
White House National Security Advisor John Bolton's stop-off in Yerevan has not gone down well with the Kremlin.
The BNR lent banks €3.6bn in a one-week repo-type auction to calm down the money market interest rates that have hit new records in the last few days.
Populist leader makes boastful speech despite government freezing investments amid downturn that has derailed country’s plan to become trillion-dollar economy.
Russian Railways (RZD) and state-owned gas monopolist Gazprom could take on building what has been dubbed “the most ambitious railway project ever,” a train line that cuts through the icy northern territories to Arctic port of Sabetta
Russian second-tier retailer Lenta launched a 12-month GDR buyout programme worth RUB11.6bn ($177mn) or about of 10% of its freefloat, the company said on October 29. The buyout on the LSE will be managed by Credit Suisse.
Ruling party-backed Zurabishvili to face opposition-supported Vashadze in runoff to be held by December 2.
Fatmir Xhafaj has been under pressure to step down since May, when the opposition accused him of covering up his brother’s alleged links to drug traffickers.
Most Russians went to the dacha or stayed at home this summer and used the money they saved to update their smart phone to a newer model.