Turkish growth is expected to slow to 3.5% this year, from a forecast 9.5% in 2021, while for Russia, GDP growth is forecast to slow to 2% from 4.5%.
Officials from Albania and North Macedonia say Pristina’s new rules requiring booster jab or PCR test for entry to the country hinder freedom of movement in the region.
New records announced daily in several countries, but most governments are reluctant to introduce new restrictions.
Voting underway in Serbian referendum on constitution aimed at boosting independence of the judiciary, but MPs in Pristina vote to ban ethnic Serbs from voting on Kosovan territory.
Over €700mn spent to little effect in candidate and prospective candidate countries, finds European Court of Auditors.
Power crisis weighs on economic recovery from coronacrisis.
Cryptocurrency mining was popular in northern Kosovo where residents had received free electricity for years, but the ongoing energy crisis has forced Pristina to seek ways to rein in power use.
Soon after Southeast Europe emerged from the autumn wave of the pandemic, cases are already rising again as the Omicron variant spreads in the region.
Daily power cuts planned for the next 60 days to save electricity.
Rebound in retail and hospitality sectors drives robust growth in Q3 as IMF forecasts 7-8% GDP expansion for full year.
Western European banks have made double-digit increases in the growth of their credit exposures to the CE/SEE region in the past 12-18 months.
The Western Balkans states are looking anew at long-neglected rail networks as they embark on the green transition. The EIB’s Matteo Rivellini outlines efforts to develop rail in the region.
Pristina has informed the EU of its intention to apply for EU membership, but its relationship with Belgrade needs to be normalised first.
Pristina follows governments of Croatia and Slovenia in tightening border restrictions but also introduces stricter rules for people inside the country.
Banks may be tested by the withdrawal of government help to companies, particularly as infection rates begin to soar again.
Bulgaria-based software development services company Melon signs strategic investment deal with Frakton as part of its expansion in the Southeast Europe region.
A new centre-left government in Berlin could help create a two-tier Europe, especially if it promotes rule of law penalties.