News

Russia suspends allocation of $600mn to Belarus, Minsk says

bne IntelliNews June 14, 2019

Russia has suspended allocation of loans to Belarus for a total amount of $600mn, according to Belarusian Finance Minister Maksim Yermolovich.

Revenues of Czech top 100 companies top CZK3bn for the first time in 2018

bne IntelliNews June 14, 2019

The combined revenues of the hundred most successful Czech companies topped CZK3bn (€116.5mn) for the first time ever in 2018 after their profits increased by 12.3% year-on-year to CZK210bn (€8.2bn), the Czech News Agency reported on June 11.

Croatia sells €1.5bn Eurobond on most favourable terms to date

bne IntelliNews June 14, 2019

Bond issued shortly after Fitch raised Croatia to investment grade was 3.7 times oversubscribed.

Eager shoppers queue up outside Primark’s first CEE store in Ljubljana

bne IntelliNews June 13, 2019

Thousands-strong crowds greet the entry of fast fashion giant Primark to Slovenia, as it lines up retail space for future openings in Poland and the Czech Republic.

TANKER ATTACKS: Tehran claims somebody’s out to frame Iran

bne IntelliNews June 13, 2019

Search on for state actor possibly behind latest mysterious Gulf of Oman incidents. Iranian supreme leader, meanwhile, tells visiting Japanese PM he’s no message for ‘unworthy’ Trump. Day ends with US State Sec. Pompeo blaming Iran for attacks.

Backlash against super polluter cruise ships in Croatia

Clare Nuttall in Glasgow June 13, 2019

Toxic toxic sulphur oxides emitted by cruise ships exceed the entire emissions from Croatia's car fleet by a staggering 189.6 times, a new report from Transport & Environment has revealed.

Japan’s Shinzo Abe arrives in Iran. Analysts ask what message he might bear from Trump

bne IntelliNews June 12, 2019

Iranians must “play a constructive role in strengthening peace and stability in the Middle East” Japanese PM tells Tehran press call.

Hungarian investors snap up new super retail bond

Levente Szilagyi in Budapest June 12, 2019

First-week sales were the highest of all government securities ever, as retail investors bought €1.6bn of the five-year Map Plus government bond.

Ukraine Constitutional Court starts hearings on Zelenskiy decision to dissolve the Rada

bne IntelliNews June 12, 2019

The Constitutional Court of Ukraine has started hearings on a lawsuit challenging the nation's President Volodymyr Zelenskiy’s decree on the nation's parliament's dissolution and his call for early parliamentary elections.

Albania, North Macedonia see hoped for EU accession talks slipping away

bne IntelliNews June 12, 2019

The prime ministers of Albania and North Macedonia are engaged in last ditch attempts to secure the go ahead for the start of accession negotiations at the European Council meeting later this month.

Romania’s government seeks more money as Bucharest municipality “nears bankruptcy”

Iulian Ernst in Bucharest June 12, 2019

Leaked letter from finance minister warns money to pay public sector salaries may run out before the end of the year.

Moldova’s outgoing government refuses to hand over power

Iulian Ernst in Bucharest June 11, 2019

Rival governments are installed in the government and parliament buildings in Chisinau. The situation remains calm, with the two sides consolidating their positions ahead of a possible confrontation.

King of the Hungarian fertiliser market has operating licence suspended

bne IntelliNews June 11, 2019

After a string of raids and investigations, businessman Laszlo Bige says he suspects revenge by the competition and in particular one person — but he didn't name names.

OSCE puts out hardhitting critique of Kazakh election ahead of inauguration day

bne IntelliNews June 11, 2019

As observers assess whether the June 12 ceremony for ‘pre-determined’ winner will spark renewed protests, Kazakhstan is accused of “scant respect for democratic standards”.

Ukraine launches road-show for euro-denominated Eurobond

bne IntelliNews June 10, 2019

Market conditions good as Ukraine’s Finance Ministry gets ready to offer a euro-denominated Eurobond

Kazakh protests move online with dozens of videos exposing ‘vote rigging’

bne IntelliNews June 10, 2019

Hidden camera footage said to show officials stuffing ballot box. One polling station accused of turning off lights to thwart election observers. Activists behind Wake Up, Qazaqstan campaign hindered by blocked internet, social media services.

Albania’s ruling Socialists to start proceedings to dismiss president

bne IntelliNews June 10, 2019

President Ilir Meta announced he is cancelling June 30 local elections, triggering a constitutional crisis.

Constitutional crisis erupts in Moldova

Iulian Ernst in Bucharest June 10, 2019

President and top oligarch battle for supremacy. Pro-Russian Socialists and pro-EU ACUM alliance agree to form government, but Constitutional Court appoints acting president who dismisses parliament and calls new elections.

Russian investigative reporter Ivan Golunov arrested and charged with drug dealing

Ben Aris in Berlin June 9, 2019

Russian investigative reporter Ivan Golunov was arrested and charged with dealing drugs at the weekend in what his colleagues claim was retribution for his journalistic work that hurt business interests.

Slovakian journalist's murder allegedly ordered by Russian citizen

bne IntelliNews June 9, 2019

Former solider Miroslav Marcek, the primary suspect in the murders of journalist Jan Kuciak and his fiancée Martina Kusnirova, claims the hit was ordered by a Russian citizen.

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