News

Turkish, Armenian leaders go ahead with first-ever face-to-face meeting

Ani Mejlumyan in Yerevan October 7, 2022

Little evidence of progress in normalising Yerevan-Ankara relations or resolving conflict between Armenia and Azerbaijan following Prague encounter.

NHL season opens in Prague amid hybrid ice hockey warfare with Kremlin

Albin Sybera October 7, 2022

Czech hockey legend calls on the foreign ministry to prevent Russian players playing in the NHL opener in Prague.

Slovak hospitals face collapse

bne IntelliNews October 7, 2022

A recent wave of resignations by medical staff at Slovak health facilities could mean that some of the hospitals are forced to shut down by December.

Head of Ukraine's national bank under criminal investigation days after resignation

Dominic Culverwell in Berlin October 7, 2022

The head of the National Bank of Ukraine, Kyryl Shevchenko, is under criminal investigation following allegations of fraud, Economic Pravda reported on October 6.

Kyiv fires back at Putin's order to take over Zaporizhzhia power plant

Dominic Culverwell in Berlin October 7, 2022

Russian President Vladimir Putin signed a decree transferring the occupied Zaporizhzhia nuclear power plant (ZNPP) to Russian federal ownership, Ukrainian Pravda reported on October 5. In turn, Ukraine condemned the illegal action.

Kyrgyzstan’s president skips Putin, Rahmon 70th birthday celebrations

bne IntelIiNews October 6, 2022

Sadyr Japarov takes decision not to attend St Petersburg CIS event with anger at home over Tajikistan’s September “invasion” still raw.

Serbia and Croatia spar over ban on oil transport through Janaf pipeline

Valentina Dimitrievska in Skopje October 6, 2022

Belgrade blames historic differences with Zagreb for failure to secure exemption to EU ban on Russian oil imports.

Whistleblower who revealed massive corruption at Bulgarian border checkpoint fired

Denitsa Koseva in Sofia October 6, 2022

Numerous experts appointed by Kiril Petkov's reformist former government have been removed since the change of government in June, undermining the fight against corruption.

EPH to invest €10.2bn into renewables in Germany

bne IntelliNews October 6, 2022

The plans mark a major shift in EPH's strategy, which had been to bet that the green transition would take longer than expected.

Romania’s BNR more hawkish than expected with 75bp rate hike, more to come

Iulian Ernst in Bucharest October 6, 2022

Romanian central bank's rate hike exceeds expectations as near-term inflation outlook worsens amid faster growth rates anticipated for natural gas, electricity and food.

Poland’s central bank halts rate rises, bets that inflation starts easing soon

Wojciech Kosc in Warsaw October 6, 2022

The National Bank of Poland left its reference interest rate unchanged at 6.75%, despite inflation accelerating to 17.2% y/y in September.

Lukashenko draws himself deeper into Putin’s war

bne IntelliNews October 6, 2022

Lukashenko has now officially admitted a certain participation by Belarus in Russia’s war in Ukraine, likely due to increased pressure from Putin for more political support. Now Lukashenko is drawing himself even deeper into Putin’s war.

Russia strikes Kyiv Oblast with "Kamikaze" drones from Iran

Dominic Culverwell in Berlin October 5, 2022

‘Kamikaze’ drone attacks were reported 80 km from Kyiv in the city of Bila Tserkva on the night of October 4. The drones are allegedly part of the Iranian-made Shahed series, which Russia has used on the battlefields since September.

Leading Czech coalition parties endorse three presidential candidates

Albin Sybera October 5, 2022

Spolu politicians have admitted previously that endorsing just one candidate could be seen as a curse, for that person could become a target for voter anger over the soaring cost of living.

Slovak finance minister survives vote of no-confidence

Albin Sybera October 5, 2022

Former coalition partner and SaS leader Richard Sulik says he is now ready to discuss early elections.

Head of National Bank of Ukraine resigns over health issues

Dominic Culverwell in Berlin October 5, 2022

The head of the National Bank of Ukraine (NBU) resigned on October 4 citing health-related reasons.

Estonia’s “rat king” to be exhibited at University of Tartu Natural History Museum

Linas Jegelevicius in Vilnius October 5, 2022

A "rat king" is a collection of rats whose tails are intertwined and bound together, either with hair or sticky substances or by getting tied together.

Romanian president tries to save flagship education strategy after plagiarism scandal

Iulian Ernst in Bucharest October 4, 2022

Critics slam President Iohannis’s decision to appoint his adviser as education minister as he seeks to rescue widely-criticised Educated Romania project.

First official results from Bosnian elections put nationalists ahead after exit polls predicted losses

Denitsa Koseva in Sofia October 4, 2022

Defeat for Bakir Izetbegovic but other leading nationalist politicians like Milorad Dodik appear to be heading for victory with 50% of votes now counted.

Georgian MPs want to rid the country of oligarchs, but not all of them

Mack Tubridy in Tbilisi October 4, 2022

Ruling Georgian Dream party says founder Bidzina Ivanishvil will not fall under new planned bill.

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