Russia and China account for almost half of the 650 deals worth RUB3.1 trillion announced at SPIEF
After months of increasingly violent protests, Ilir Meta warns of “unpredictable escalation of conflict” and says conditions don’t exist for “true, democratic, representative” elections — but Prime Minister Edi Rama says the vote will go ahead.
Crucially, however, its deadline falls one week after the Istanbul revote seen as another referendum on Erdogan and test of what remains of Turkish democracy.
“The US is isolated by Russia and China.” The leaders of both countries are actively building a new economic alliances with the other emerging markets — but the OPEC+ deal is in danger.
Five political parties could clear the 5% threshold and enter Ukraine’s parliament, the Verkhovna Rada, in the July 21 general election, according to the Rating agency.
Vitali Klitchko has invited former Georgian president and ex-Odesa governor Mikheil Saakashvili to head his UDAR party ahead of snap parliamentary elections slated for July.
Parties ready to cross the geo-political divide to form new ruling coalition that would remove Vlad Plahotnuic’s Democratic Party from power and “stop a dictator from taking possession of the country”.
Knocking 2.6pp off its previous forecast, institution says higher inflation, pressure on real incomes, sharp banking and corporate sector deleveraging and low business and consumer confidence are taking a big toll.
Ukrainian MPs have challenged Zelenskiy’s decision to dissolve parliament early in the Constitutional Court, which has increased uncertainty and unsettled investors into Ukraine’s bonds.
Zelenskiy chose Brussels as the destination for his first trip as head of state and reaffirmed Ukraine’s commitment to Europe, its desire to join Nato and his determination to end the de facto war with Russia.
Average citizen loses 1.3 years as a result of air pollution, finds UN Environment study, but governments are still pressing ahead with plans to build new coal-fired power stations.
Financial pressures faced by consortium behind Turkey’s flagship infrastructure project eased. Critics, meanwhile, continue to ask why mega airport was built in the first place.
The up and coming dealer/broker is relatively new to the Russian investment banking scene, but has expanded rapidly in the last few years.
Billionaire populist Babis is accused of using his political office to channel EU funds into one of his own companies. The scandal has sparked the biggest protests since the 1989 revolution.
The shares in state-owned gas giant Gazprom jumped again, rising by 10% in a day to make it Russia’s most valuable company worth $82bn as rumours of the imminent departure of CEO Alexi Miller swirled in Moscow.
Three-quarters of Czechs are against the adoption of the euro, according to the recent research published by the Czech Public Opinion Research Centre (CVVM) on May 31.
PM Viorica Dancila sacks the head of the tax collection agency and appoints a high-profile insolvency lawyer as her economic advisor as budget deficit nearly doubles y/y in January-April.
Economy minister speaks out after investors warn such a move might cause shelving of flagship Anaklia investment. Plot thickens as observers assess whether Russia and China are influencing developments.
The CBR will act to cool the mortgage market, but market participants think the regulator is being overly cautious.
LNG deliveries from the US should cover around 10% of Bulgaria's consumption. Sofia also started construction of the Greece-Bulgaria gas interconnector in May.