The Russian banking sector is having its most profitable year in the last five years. It has continued to follow the course of 2019, the first year of strong growth since 2014, and the outlook is rosy.
The big international game developers are stepping up their operations in Romania where they sit alongside local indie firms that have already scored some solid successes.
The tourism-dependent economies of Albania, Croatia and Montenegro want to convince tourists they will be safe on the sunny shores of the Adriatic.
The Belarusian protest movement is being led in part by a private chat group that editors of Belarus’ dozen leading Telegram channels belong to. Nexta, and its former editor Roman Protasevich, is the most important.
Russian business confidence index rises to zero for the first time since 2012, when the index briefly went positive for seven months in a row for the first time ever.
Top five Russian retailer Lenta bought smaller rival Billa on May 19 in a bid to strengthen its position in the two leading markets of Moscow and St Petersburg as Russia’s organised retail sector starts to rapidly consolidate.
The EU’s journey to net zero threatens a carbon price war with its trading partners
The Bucharest Stock Exchange’s main index BET has soared past its peak before the last crisis, while there has been intense activity on AeRO, the dedicated market for smaller companies.
World needs immediate and massive deployment of green tech to fight climate change, warns IEA in its latest report.
Bulgarian rose oil is sought after by luxury perfumers but as the price has slumped many farmers in the Rose Valley will leave their blooms unharvested this year.
The global climate crisis has a silver lining for Russia at least. Over the next two or three decades large swathes of Russia’s frozen northern regions will become warm enough to grow crops.
Kyrgyzstan is flogging its section of the would-be track, but how successfully?
The collapse of tourism in 2020 due to the coronavirus (COVID-19) pandemic was unprecedented. Several countries in New Europe are heavily dependent on tourism to earn foreign exchange and a full recovery could take two more years.
bne IntelliNews has introduced a new index, the bne Car Ownership/Age index (bneCOR), that cuts through the contradictions and paints a much clearer picture of just how far the middle class has come in each country.
Real estate and construction sectors are being used to launder illicit money from the drugs trade and migrant trafficking, leading to a hike in prices, says Global Initiative report.
A middle class is emerging in New Europe but to get a handle on how far the process has gone and what the differences are between each country bne IntelliNews took a look at the icon of middle-class status: car ownership.
Russia has enough extractable oil still in the ground to maintain production for another 59 years and gas reserves that can be exploited for another 103 years.
Herders tell how most ferocious storms in a decade stripped paint from cars, left hundreds of people missing and killed huge numbers of livestock. But there’s a limit to what can be done about the terrifying phenomenon.
Could electric cars and batteries generate the new high-tech sector the region so badly needs?
Almost as soon as the double whammy of the coronavirus pandemic and a concurrent collapse in oil prices hit Russia’s economy last March, the government reacted by introducing a mortgage subsidy programme; that may end this summer.