News

Czech president´s hospitalisation casts uncertainty over creation of new government

bne IntelliNews October 11, 2021

Milos Zeman's health problems could postpone creation of new government for several weeks – even if he does not try to create obstacles.

Poles rally against ‘Polexit’ as prospect of pandemic recovery funds fade

bne IntelliNews October 11, 2021

Protests follow ruling by the Constitutional Tribunal that the Treaty of the European Union contravenes the Polish Constitution.

Sber becomes Europe’s most valuable bank

bne IntelliNews October 10, 2021

Sber (formerly known as Sberbank) became the most valuable bank in Europe on October 7. Previously the first place was held by the British HSBC, Russian media reported.

Kosovo raises tensions again with new anti-dumping measures on Serbia

Valentina Dimitrievska in Skopje October 10, 2021

Measures on some products imported from Serbia imposed shortly after Belgrade and Pristina reached a temporary agreement to ease the crisis sparked by new rules for car number plates.

Czech centre-right poised to take power after convincing election win

Robert Anderson in Prague October 10, 2021

Billionaire populist Andrej Babis loses majority after his Social Democrat allies and the hardline Communists fail to enter parliament.

Reports warn Tajik militant group in Afghanistan may be poised to attack Tajikistan

bne IntelIiNews October 8, 2021

Russian media say group may be beyond Taliban’s control. Moscow says Russia stands ready to protect its ally from any incursion.

Protests in Albania as rising food and fuel prices bite

bne IntelliNews October 8, 2021

Politicians across the Western Balkans are looking at ways to ease the burden of inflation, in particular soaring energy costs, on their populations.

Hungary’s primary race takes new twist as Budapest mayor announces withdrawal

bne IntelliNews October 8, 2021

Polls show that frontrunner Klara Dobrev could become Hungary’s first serious female candidate for premier if it remains a three-person race, but the race could be a cliffhanger now she is running against one challenger.

Acting Romanian PM Citu angers opposition with €200mn gift to mayors

Iulian Ernst in Bucharest October 8, 2021

Opposition Social Democrats say they will file criminal charges against Florin Citu, claiming he channeled the money to mayors who backed him in the National Liberal Party leadership election after losing confidence vote.

Main Czech TV debate is a turn-off for voters on eve of general election

bne IntelliNews October 8, 2021

Prime Minister Andrej Babis remains the bookie's favourite but the outcome will depend on which small parties get into parliament.

Poland’s Constitutional Tribunal says Polish law trumps EU’s

Wojciech Kosc in Warsaw October 7, 2021

The ruling is the most serious swipe by Poland at the EU’s legal order that Warsaw had subscribed to when joining the bloc in 2004 after years of negotiations.

EU’s top court delivers another blow to Polish government’s judiciary overhaul

Wojciech Kosc in Warsaw October 7, 2021

Judge wins case against his transfer at CJEU, which says government's reforms damage judicial independence.

Russia proposes “3+3” format to unlock economic and transport communications in Caucasus

bne IntelIiNews October 6, 2021

Moscow’s move comes amid high tensions as Iran, Azerbaijan and Turkey flex muscles with military exercises.

Von der Leyen says EU has to deliver on enlargement

Valentina Dimitrievska in Skopje October 6, 2021

EU leaders reaffirmed their support for enlargement at summit in Slovenia, but they did not set any firm timeline.

Poland’s central bank unexpectedly hikes rates by 40 bps to 0.5%

Wojciech Kosc in Warsaw October 6, 2021

Polish rate setters belatedly follow lead of Czech and Hungarian neighbours in reacting to rising inflation in Central Europe.

European gas prices slide back after Putin hints Russia may help "stabilise" the market

bne IntelliNews October 6, 2021

Natural gas prices in Europe took a dive on the afternoon of October 6, after Russian President Vladimir Putin hinted that Gazprom might release more supply onto the market.

Hungarian opposition’s primary run-off tainted by rows and backroom deals

bne IntelliNews October 6, 2021

New poll shows that conservative mayor Marki-Zay is closing the gap on Klara Dobrev and is now the second most popular candidate among opposition voters.

FPRI BMB Russia: Russia facing fourth coronavirus wave as infection rates rise to fresh highs

FPRI BMB Russia October 6, 2021

Infection rates in Russia have reached their highest level since January. There were 25,781 new cases on October 4, the highest the figure has been since there were 26,301 infections on January 2. October 4 also saw 883 deaths.

Moldova’s head prosecutor arrested on four counts of corruption

Iulian Ernst in Bucharest October 6, 2021

Since coming to power in Moldova, President Maia Sandu and her PAS have sought to remove Stoianoglo from his post as part of their cleanup of the judiciary.

Azerbaijan shuts office of Iranian supreme leader’s Baku representative as war game tensions mount

bne IntelIiNews October 5, 2021

Azerbaijan and close ally Turkey set to hold “Indestructible Brotherhood” military drills in Azerbaijani exclave Nakhchivan in seeming response to Iranian manoeuvres.

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