News
Polish proposed ban on Russian rubber may give the European tyre industry a flat
Poland is lobbying for a ban on Russian synthetic rubber to become a part of the new EU sanctions which are scheduled to be unveiled on the one-year anniversary of the military operation in Ukraine, February 24.
Prague to have a new municipal government after record-long negotiations
A coalition of parties along the model of the Czech national government is poised to take power after more than four months of talks.
Party congresses of Hungarian opposition demonstrate deep divisions
Last year's massive election defeat has brought the underlying fractures within the opposition camp out into the open.
At least 500 dead after huge earthquake hits Turkey, Syria in early hours
Thousands injured. Death toll seen as likely to rise. Millions of people across Turkey, Syria, Lebanon, Cyprus and Israel felt the earthquake.
Turkish minister tells US ambassador ‘Take your dirty hands off Turkey’ as sanctions sparks fly
Suleyman Soylu’s invective comes as Washington warns Ankara over chemicals and microchips for Russia
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National hero commemoration puts North Macedonia’s police on high alert
A strong presence of North Macedonia’s special police units, a tense atmosphere in Skopje and incidents on the Bulgarian border marked February 4, the 151th anniversary of the birth of Macedonian national hero Goce Delcev, claimed also by Bulgaria.
EU and G7 agree on Russian petroleum product price caps
The caps came into force on February 5, three months after a similar cap of $60 per barrel was introduced on Russian crude oil exports.
Russian foreign minister speaks of Moldova as the “next Ukraine”
Chisinau on high alert after Russia's Sergei Lavrov claims the West “has got its sights” on Moldova and country's president is "itching to join Nato".
Turkey accuses West of waging ‘psychological warfare’ to wreck its tourism industry
Interior minister angered by series of terrorism security alerts. Tensions also arise over US sanctions that could leave Russian aircraft with no ground service at Turkish airports.
Raised tempers over Kosovo spark scuffle in Serbian parliament
Opposition MPs interrupted President Aleksandar Vucic’s speech chanting "Treason" and "We don't give up Kosovo”.
Croatia to pay $235mn arbitration award to MOL
Croatia will pay MOL $235mn after losing a series of arbitration and legal hearings over the 2009 deal that allowed MOL to obtain a dominant position in INA.
Ukraine anti-corruption officers raid home of Kolomoisky
The oligarch, once close to President Volodymyr Zelenskiy, is suspected of embezzling oil products worth $1bn and evading customs payments.
Bulgaria starts construction of gas link with Serbia
New pipeline with capacity of up to 1.8 bcm a year will help increase energy security and diversify gas supplies in the region.
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.
Hawkish Iran helped stop larger Azerbaijani attacks says Armenia
As heavily armed Baku turns screw on Yerevan in ongoing confrontation, Tehran’s position is described as “music to Armenia’s ears”.
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.
Czech president-elect Pavel calls for in-depth probe of presidential office
Winner of election wants investigation of President Milos Zeman's office, which "conducted extensive activities of its own, often in a grey zone, if not directly beyond the legal boundaries".
Transparency International ranks Hungary as most corrupt EU country
Never has one country slid so far in the ranking in a decade as Viktor Orban's government has according to the anti-corruption watchdog.
Romania gets European Commission’s green light for €1.6bn investment and development bank
Bank to address market failures and support economic development and investments.
Biden rejects Ukraine's request for F-16 fighter jets but Europe may step in to help
Ukraine now has its sights set on obtaining Western-made fighter jets but so far has not found any solid support.
