Aliyev and Erdogan look set to insist on land bridge across Armenia linking Azerbaijan and Turkey

bne IntelIiNews September 25, 2023

Two presidents pointedly meet in key Azerbaijani exclave of Nakhchivan as they look to press home advantage won by quick success of Baku’s Karabakh offensive.

Armenia braces for mass exodus of Nagorno-Karabakh inhabitants

bne IntelIiNews September 25, 2023

Refugees are fleeing from areas occupied by Azerbaijani forces, as well as from areas that are poised to be occupied by them, in what risks becoming a humanitarian disaster.

Iran and Egypt agree to revive joint bank after a decade

bne IntelliNews September 25, 2023

Capital of Misr Iran Development Bank to be boosted as relations between Iran and Egypt revive.

Poland’s first nuclear power plant clears key hurdle in ambitiously timed plan

Wojciech Kosc in Warsaw September 25, 2023

Nuclear power is the cornerstone of Poland’s plan to reduce the currently dominant share of coal and lignite in electricity generation.

Armed men storm Serbian Orthodox monastery in Kosovo

bne IntelliNews September 24, 2023

Attackers forced their way inside Banjska monastery that is now surrounded by police.

Tensions escalate as Kosovan police officer killed in predominantly Serb north

Valentina Dimitrievska in Skopje September 24, 2023

Kosovan authorities labelled the shootings in Leposavic municipality as terrorist attack.

Missiles strikes on Crimea kill nine, as Ukraine breaks through Russia’s last line of defence in Zaporizhia

bne IntelliNews September 23, 2023

The Russian Defence Ministry reported on September 22 that a missile strike originating from Ukraine hit the Russian Crimean city of Sevastopol as Ukraine increasingly targets the disputed peninsula.

Nagorno-Karabakh residents await their fate

bne IntelliNews September 23, 2023

Negotiations in the Azerbaijani city of Yevlakh are focused on security guarantees for the withdrawal of the Nagorno-Karabakh forces to Armenia and amnesties for its soldiers and leaders.

The UN condemns fighting in Nagorno-Karabakh but takes little action

bne IntelIiNews September 23, 2023

The United Nations Security Council (UNSC) called for an end to the fighting in Nagorno-Karabakh on September 21, but took few concrete steps that might help achieve that.

Russia approves first full wartime budget for 2024 with 1.7-fold increase in military spending

Ben Aris in Berlin September 23, 2023

The Russian government has approved its first full wartime budget that will significantly increase military spending in 2024 as well as boost social spending to shelter the population from the effects of war and sanctions.

Ukraine's international supporters can now help the country fight Russia by buying local war bonds online

bne IntelliNews September 22, 2023

As part of a government drive to raise more money to pay for the war, Ukraine’s Ministry of Finance has made it possible for foreign individual investors to conveniently buy federal treasury bonds (OVDP) with a click of a mouse.

Hungarian finance minister suggests raising bank levy to cover rising budget deficit

Tamas Csonka in Budapest September 22, 2023

Central bank governor clashes with finance minister over who bears responsibility for the EU’s highest inflation.

Russia bans fuel exports as deliveries to military surge

bne IntelliNews September 22, 2023

Russia has temporarily banned the export of gasoline and diesel to all countries outside a group of four ex-Soviet states, aiming to stabilise its domestic fuel market, as supplies of diesel to the military surge.

Hungary indicates it will continue to block Sweden’s Nato ratification

Tamas Csonka in Budapest September 22, 2023

Ruling Fidesz faction leader now uses "defamatory" film by Sweden’s public television as excuse for delaying Sweden's accession to Nato.

Rada adopts return of e-declaration law with Zelenskiy’s proposed changes

Ben Aris in Berlin September 22, 2023

The Rada, Ukraine's parliament, has passed a second version of the e-declaration law to return the anti-corruption law that requires all public servants to declare their income and assets.

Turkey’s economic mess could prove too big even for assembled 'A-Team' to handle, warns veteran analyst

bne IntelIiNews September 21, 2023

“Unwinding all the financial alchemy” put in place by predecessors a mammoth task and IMF “bazooka” might be required, says Timothy Ash.

Bulgaria to stop imports of Russian oil

Denitsa Koseva in Sofia September 21, 2023

Parliament votes to end imports despite exemption from EU-wide ban until end-2024.

Kyrgyzstan has ‘the balls’ to send Russia parts crucial to making tanks, trade data suggests

bne IntelIiNews September 21, 2023

Analyst notes Chinese ball bearing exports to Central Asian country are up around 2,550%. Suggests many of the ‘dual-use’ goods are simply passed on to the Russian defence industry.

North Macedonia’s government accused of secret talks with fugitive opposition politician to squeeze through constitutional changes

Valentina Dimitrievska in Skopje September 21, 2023

VMRO-DPMNE leader claims government officials in contact with party’s disgraced ex-head Nikola Gruevski in an attempt to split the opposition and pass changes needed to unblock EU talks.

Slovakia, Romania and Poland move to settle grain dispute with Ukraine

bne IntelliNews September 21, 2023

Slovakia's and Romania’s farming ministers have agreed with Kyiv on a licensing system for trading in grains.