Bosnia & Herzegovina
RBI's 2022 profits soar to €3.6bn, with Russian operations representing more than half
The Austrian lender, which has become more and more reliant on its Russian business over the years, is still rethinking its presence in the country.
Geopolitics overshadows Western Balkan nearshoring ambitions
Friendshoring has replaced nearshoring after the invasion of Ukraine, benefiting Western-aligned states but causing a shift away from Serbia.
Only Hungary and Russia heading for recession in 2023 as Emerging Europe shows its resilience
wiiw believes that most countries of the region have “probably already digested” most of the economic shock caused by the Ukraine war, provided Russia does not escalate the conflict further.
M&A in Emerging Europe fell by 20% to €32.93bn in 2022
The weak macroeconomic backdrop and the spectre of possible recession are likely to stifle M&A in the coming months, according to the annual CMS/Emis Emerging Europe M&A Report.
Italy pushes for investments into Western Balkan strategic sectors
Benefiting from its geographic proximity and historic ties, Italy is already one of the top investors and trading partners of the Western Balkan countries.
EU urges Bosnia to introduce visa regime for Russians
EU officials want Bosnia to scrap its visa-free regime for Russian citizens, but faces opposition from pro-Russian politicians in Republika Srpska.
Bosnia appoints new pro-EU government
Borjana Kristo's new government will seek to return Bosnia to the path towards EU membership after the country received candidate status in December.
bneGREEN: Floods turn Drina river in Bosnia into floating landfill
More than 10,000 cubic metres of waste including packaging, trees and discarded refrigerators cover sections of the Drina.
MEPs back call for probe into Enlargement Commissioner Varhelyi
Socialists & Democrats accused Varhelyi of supporting secessionists in Bosnia and playing down democratic backsliding in Serbia.
EBRD invests record €13.1bn into its region in 2022
The European Bank for Reconstruction and Development invested a record €13.1bn into its Emerging Europe and Eurasia region in 2022, the bank announced on January 12.
NEMETHY: Key economic and financial drivers to watch in 2023
There is an old joke that the role of economic forecasters is to make astrologers look good. Forecasting GDP or inflation for the upcoming year with any degree of accuracy is virtually impossible, but there are some scary signs appearing.
Bosnia’s Republika Srpska celebrates banned Republic Day with military parade
Entity's president honours Putin at event marking the declaration of the Bosnian Serb state in 1993, sparking a four-year war that killed more than 100,000 people.
OUTLOOK 2023: Southeast Europe
The war in Ukraine had a seismic effect on the security, political and economic landscape of Southeast Europe.
bneGREEN: Warm weather halts ski season at Southeast Europe's mountain resorts
Unusually warm weather and the lack of snow have forced many ski resorts in Southeast Europe to delay the start of the winter season.
January temperature records broken across Europe
Eight countries in Europe recorded all-time high temperature records for January on New Year’s Day this year. The following data draws from the visualization of meteorologist Scott Duncan and reports by the BBC, Statista reports.
McDonald’s revokes licence of Bosnian franchise after series of scandals
Closure reportedly follows disputes concerning unpaid rent and alleged political involvement.
THE MITTELEUROPEAN VIEW: Western banks go back to square one in CEE
Major Western banks had already adjusted their regional portfolio allocations back to Central Europe so the Ukraine war has not forced a complete reassessment of business strategies.
Start of a new super cycle – fat and flat for 2023?
The global economy has been through some enormous changes in recent years, leading investors and analysts to believe we are at the start of a new high-inflation, lower-growth super-cycle that could last for as long as a decade.
IMF: Global food prices to remain elevated amid war, costly energy, La Niña.
Interest rate hikes have eased price pressures, but the weather, war and material costs could keep food prices elevated for longer,
Analysts say Turkmenistan told US diplomats ‘it’s not interested’ in Caspian gas-to-Europe connector project, wants major pipeline
Ashgabat said to be signalling that “it won’t get out of bed for anything less”.
