News

Moldovans respond to latest blackout with solidarity for Ukraine

bne IntelliNews November 24, 2022

When their country was plunged into darkness, Moldovans joined Ukrainians in tweeting their defiance of Russia with the hashtag #withoutyou.

Hungary faces suspension of EU funds, according to German press reports

Tamas Csonka in Budapest November 24, 2022

Budapest said to receive RRF funds but €7.5bn of Cohesion Funds will remain frozen.

Turkey’s Syria airstrikes ‘directly threatened’ US personnel says Washington

bne IntelIiNews November 24, 2022

Erdogan says ground offensive is next. Kurdish groups accuse Ankara of using Istanbul bombing as pretext for military incursion.

European Parliament calls for ‘reenergised’ enlargement process – but only for countries that back Russia sanctions

bne IntelliNews November 23, 2022

MEPs want accession completed by 2030 and a majority vote to approve new members, but say accession talks with Serbia should be halted if it doesn’t align with EU on sanctions.

Serbia and Kosovo reach agreement to end number plate dispute

Valentina Dimitrievska in Skopje November 23, 2022

Deal to ease tense situation in northern Kosovo, after EU High Commissioner Josep Borrell warned earlier this month of risk of a new conflict.

Ukraine plunged into darkness as Russia launches a renewed ferocious missile attack on its power stations

Dominic Culverwell in London November 23, 2022

Ukraine braces for its worst winter since World War 2, Kyiv’s Mayor Vitali Klitschko said, as the country suffers another wave of virulent Russian strikes.

EU releases symbolic gas and preliminary oil cap price numbers

Ben Aris in Berlin November 23, 2022

The European Commission released preliminary prices for the gas and oil price caps at a level that is more of a symbolic gesture than the stringent sanctions that will crush the Kremlin's budget that many were hoping for.

Orban sparks diplomatic storm with football scarf featuring Greater Hungary

Tamas Csonka in Budapest November 23, 2022

Ukraine, Romania, Croatia, and Slovakia protested against the gesture, which comes at a time Hungary faces growing isolation in Europe.

Enel to exit Romania as it sees no room for further growth

Iulian Ernst in Bucharest November 23, 2022

“Friendly separation” planned just two years after Enel announced €2bn investments in green energy projects in Romania.

Fast food fans fear McDonald’s has left Kazakhstan

Kanat Shaku in Almaty November 23, 2022

Franchisee introduces indefinite closure of all restaurants. Supply issues are cited, but details are scarce.

Relaunch of Russian gas supplies to Azerbaijan raises questions about Baku-Brussels deal

bne IntelliNews November 22, 2022

Russia’s Gazprom announced on November 18 it would deliver up to 1bn cubic metres of natural gas to Azerbaijan between now and March under a new contract with the latter country’s state-owned oil firm SOCAR.

IMF approves €530mn arrangement for North Macedonia

Valentina Dimitrievska in Skopje November 22, 2022

Precautionary and Liquidity Line to help Skopje address global shocks from the COVID-19 pandemic and Russia’s invasion of Ukraine.

Bulgaria accepts Lukoil's controversial offer for tax cash in exchange for exports to EU

Denitsa Koseva in Sofia November 22, 2022

Caretaker government accepts offer despite warnings it could breach the EU sanctions regime.

EBRD warns of risk of 'zombification'

Robert Anderson in London November 22, 2022

Development bank recommends countries should now gradually dial down help to vulnerable companies, so they can either learn to adapt to the new climate of higher interest rates or exit the market by going into insolvency.

Donors mobilise €100mn for Moldova at third support conference

Iulian Ernst in Bucharest November 22, 2022

Moldova's economy has been damaged by the war in neighbouring Ukraine and the energy crisis.

World Cup show of solidarity by Iran’s football team comes amid fears of surge in death penalties

bne IntelIiNews November 22, 2022

In Qatar, soccer players bravely stand silent during anthem. Back in Iran, regime may be preparing a death penalty climate of fear.

Meeting of Serbia, Kosovo leaders ends without agreement

Valentina Dimitrievska in Skopje November 21, 2022

Fears of escalation in northern Kosovo after leaders fail to reach a deal on dispute over car number plates.

Six dead in widespread flooding across Western Balkans

bne IntelliNews November 21, 2022

Floods, caused by heavy rain over the weekend, caused chaos in affected areas, blocking roads and forcing the closure of schools and businesses.

Tokayev sweeps to victory in Kazakh election with only lightweight opposition

bne IntelIiNews November 21, 2022

In seven-year term ahead, president faces prospect of rebalancing relations with Russia, China and the West.

Czech premier to attend V4 meeting despite boycott of Hungary by parliamentary leaders

Albin Sybera November 21, 2022

Contrasting stances demonstrate differences within Czechia on how to respond to Budapest's collaboration with Moscow.

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