If a Russian company doesn't pay attention to its environmental, social and governance score it will lose investors, but if it does switch to a more sustainable model it won’t earn any real reward.
The consumer debt profiles of Russia and Ukraine are very different. Russia’s household debt rose to 15.5% of GDP as of the end of 2018 and is just shy of its all time high of 15.6% set in 2014. Ukraine’s household debt has been falling steadily.
I’d just arrived in Germany when the Berlin Wall came down. It was hard to appreciate the enormity of the change that had just happened at the time but the reunification of the two Germanys changed everything.
If half of the governance gap between Central Europe and the G7 countries was closed, income convergence would be brought forward by almost a generation, says EBRD chief economist Beata Javorcik in an interview with bne IntelliNews.
30 years after the fall of the Berlin Wall the new EU members haven’t yet caught up with Western Europe — but they are drawing level with the Southern European states that were battered by the international economic crisis.
217-page think tank report looks at why US and allies are on back foot in so many of region’s conflict zones.
Bond issuers from Eastern Europe were active in October with 18 bonds issued worth a total of $4.5bn of which two-thirds of the value and 14 out of the 18 were Russian bonds, according to data provided by CBonds.
Szeles, now Hungary’s seventh richest man, started out importing PC parts in the 1980s. He made his name after the transition by reviving Videoton, now the largest electronic manufacturing services company in the CEE region.
Report from the Open Society Foundations reveals a “robust spirit of dissent, and a readiness to challenge those in power” as shown by mass anti-corruption protests in the Czech Republic, Romania and Slovakia.
Uzbekistan is opening up to the world and the banking sector has been both in the forefront of the reform drive and also one of the main vehicles the government is using to dispense cash and manage the transformation.
Since the first years of the transition period, Central Europe started to emerge as a major manufacturing destination for Europe’s automotive industry. Now the industry is adapting to a new generation of technologies.
There are hints that the dominant transition narrative — that of Poland’s overwhelming success — might have nearly run its course. Ideas previously existing on the fringes of political discourse are making their way to the fore.
Six social classes have emerged in the Czech Republic in the three decades since the Velvet Revolution of 1989, and the education system is freezing the current status quo rather than helping social mobility.
Ukraine’s banking sector had a profitable September, earning UAH4bn in the month to bring the cumulative earnings for 2019 to UAH48.4bn as of September.
A former dedicated communist who is now a member of the #Rezist! anti-corruption protest movement speaks about freedom in an advert for online retailer eMag that has raised uncomfortable questions about Romanian society.
Mickey Mouse with a smoking gun among murals unveiled on compound walls of former American embassy in Tehran.
The first in bne IntelliNews’ series marking the 30th anniversary of the fall of the Berlin Wall looks at democratic backsliding, persistent corruption and the rise of the far right in Bulgaria.
Donetsk used to be famous for two things: coal and football. Now it’s the capital of the self-declared Donetsk People’s Republic, at the heart of Ukraine’s ongoing civil war. But after years of fighting its people just want to return to normal life.
Vostok Oil is a joint venture set up to explore and exploit the oil resources of the Arctic, and the Kremlin has started to throw significant resources at the company as Russia’s existing oil fields reach peak production.
Development bank’s reported plan to make ‘protest sale’ of stock exchange stake hints that mounting difficulties are eating away at Erdogan’s regime but strongman is yet to face meaningful penalties from US or EU.