News

Polish proposed ban on Russian rubber may give the European tyre industry a flat

bne IntelliNews February 6, 2023

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

Albin Sybera February 6, 2023

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

Tamas Csonka in Budapest February 6, 2023

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

bne IntelIiNews February 6, 2023

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

bne IntelIiNews February 6, 2023

Suleyman Soylu’s invective comes as Washington warns Ankara over chemicals and microchips for Russia

National hero commemoration puts North Macedonia’s police on high alert

bne IntelliNews February 5, 2023

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

bne IntelliNews February 5, 2023

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”

bne IntelliNews February 3, 2023

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

bne IntelIiNews February 3, 2023

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

Valentina Dimitrievska in Skopje February 2, 2023

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

bne IntelliNews February 2, 2023

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

Dominic Culverwell in Berlin February 2, 2023

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

bne IntelliNews February 2, 2023

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

bne IntelliNews February 1, 2023

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

bne IntelIiNews February 1, 2023

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

Clare Nuttall in Glasgow February 1, 2023

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

Albin Sybera February 1, 2023

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

Tamas Csonka in Budapest February 1, 2023

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

Iulian Ernst in Bucharest February 1, 2023

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

Dominic Culverwell in London January 31, 2023

Ukraine now has its sights set on obtaining Western-made fighter jets but so far has not found any solid support.

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