Serbia becomes one of five countries within the index family whose credit rating is not yet investment grade.
Funding for public broadcaster and other divisive issues raised at tense joint press conference between European Commission President Ursula von der Leyen and Slovenian PM Janez Jansa.
Over the past week, the Ukrainian Parliament pushed through several pieces of legislation in the final reading, while also approving the second reading of other bills.
In Russian President Vladimir Putin’s annual live question-and-answer session, he plays the good tsar, listens to petitions and fixes problems.
After a decade of delays, millions of Ukrainians who own 32mn hectares of land will be allowed to sell it for the first time on a newly created land market that goes into effect on July 1.
International ratings agency Fitch has upgraded Russian metallurgy holding Metalloinvest to investment grade on June 29, ahead of the company’s possible IPO.
Prime Minister Zdravko Krivokapic sets optimistic target but will struggle to make required reforms with ruling coalition deeply divided.
Interior minister promises police reform after four killed in turf wars over Albanian beaches.
The situation has arisen because of mischief-making by a so-called patent troll.
The cash-strapped government of Ukraine has kept out of the international condemnation of China’s treatment of the Uighur and the latest round of sanctions on Belarus because of its trade dependency on both countries.
Russia formally restarted flights to major city destinations around the world on June 28, just as coronavirus (COVID-19) infections explode to levels not seen since January.
The EU pulled some of its punches when imposing harsh sectorial sanctions on Belarus at a summit in Brussels on June 24-25.
Deficit remains in line with the government's consolidation plans that received unexpectedly strong support from the fast economic recovery.
Mega infrastructure has estimated cost of $65bn but critics say it's not needed. Observers see it as revenue spinner for backers of ruling party.
Belarusian authorities have released jailed opposition blogger Roman Protasevich and his Russian partner Sofia Sapega to house arrest after the pair had been in pre-trial detention for over a month.
COVIran Barekat has greater efficacy than China’s Sinopharm, Iranians say.
EU set to launch yet another infringement action against Hungary, as 17 EU leaders sign letter pledging to 'continue fighting against discrimination of the LGBTI community'.
Former president Igor Dodon denies receiving funds from Moscow, after leaked documents obtained by German Bild indicate financial support channelled to 'friendly' candidates.
The British 8,500-tonne destroyer HMS Defender was buzzed two days ago by Russian fast jets off Sevastopol. Moscow promptly claimed that Defender was trespassing in Russian Territorial Waters and refusing to follow Russian orders.
Court of bailiffs orders low-cost carrier to cease flying. Though planes are worth €145mn, the foreclosure is for just €26,000, sources complain to newspaper.