The core message for bankers and investors active in the CEE region should be: close to old records, potential for more but watch out for late cycle phenomena.
North Macedonia held its first ever gay pride march on June 29 with up to 1,000 people attending the event. There were pride marches in nearly all the CEE countries but the experience in each country is vastly different.
Belarus may avoid placing a Eurobond in 2020 if Russia releases an inter-governmental loan of $630mn that has been snarled up in politics, the Belarusian Finance Minister Maxim Yermolovich said on July 2.
The Belarusian economy grew by 1% year-on-year in January-May following a 1.4% y/y growth in January-April, according to national statistics agency Belstat.
Minsk hopes to open the local market to foreign investors but there have been problems linking Belarus' depository system to the international system, Finance Minister Maksim Yermolovich tells bne IntelliNews.
The IMF warned Minsk last November that it better have a “Plan B” ready if it could not persuade Moscow to pay it compensation for a change in the way oil exports are taxed. It's got one.