News

Ukraine passes anti-oligarch law

Cameron Jones in London September 23, 2021

Bill forbids oligarchs to make contributions in support of political parties or to participate in large-scale privatisations.

Turkey's struggling hotels need ‘serious support’ with debt says association

bne IntelIiNews September 23, 2021

Adds that average occupancy rate of country’s hotels able to open this year so far 44% versus 67% for all of coronavirus-free 2019.

Poland renews license for US-owned broadcaster TVN24

Wojciech Kosc in Warsaw September 23, 2021

But the regulator also asked the Constitutional Tribunal to check if the current licensing rules are in line with Poland’s constitutional order.

Assassination attempt made against Ukrainian president’s top adviser

Cameron Jones in London September 22, 2021

An advisor to Ukrainian President Volodymyr Zelenskiy, Serhiy Shefir, was unharmed in an assassination attempt on the 22 September outside Kyiv. His driver, however, was struck by three bullets and hospitalised in a critical condition.

Basha vs Berisha conflict divides Albania’s opposition Democrats

bne IntelliNews September 22, 2021

A very public war of words is raging between the current and former leaders of Albania’s main opposition party, the centre-right Democratic Party.

European Commission refuses Czech request to delay PM's conflict of interest case till after the election

bne IntelliNews September 22, 2021

The European Commission is currently not reimbursing the Czech state for subsidies given to Agrofert and has threatened to stop reimbursing Czech spending on wider EU subsidies until the government clarifies its policy.

Polish government outraged by CJEU fine over lignite mine

Wojciech Kosc in Warsaw September 22, 2021

Poland fined €500,000 per day for failing to abide by order to halt the Turow lignite mine’s operations immediately.

Hungary’s Monetary Council decides to slow the pace of tightening cycle

bne IntelliNews September 22, 2021

Rate-setters raised the central bank’s base rate by 15 basis points to 1.65%, below the 20-30bp hike expected by analysts.

Statistical study shows half the votes in Duma election were probably fake

bne IntelliNews September 22, 2021

Famous Russian physicist and election statistician Sergei Shpilkin studied the voting patterns in last weekend's Duma election and concluded some 14mn votes, roughly half of all the votes, were faked by the authorities.

Backlash against efforts to force citizens to get vaccinated in Southeast Europe

bne IntelliNews September 21, 2021

As low vaccination rates facilitated a new wave of the pandemic, governments are barring entry to malls, night clubs and other venues to those without a coronavirus certificate.

Constitutional crisis looms in Romania

Iulian Ernst in Bucharest September 21, 2021

With a no-confidence motion in limbo at the Constitutional Court and PM Florin Citu seeking to bypass a vote by lawmakers on the minority government he wants to install, a constitutional crisis seems unavoidable in Romania.

Tension in Kosovo escalates following car plates tit-for-tat measure against Serbia

Valentina Dimitrievska in Skopje September 20, 2021

Protests erupt after drivers from Serbia are forced to replace their license plates with temporary ones to enter Kosovo.

Azerbaijani, Turkish and Pakistani war games appear to prompt Iran to move infantry to border

Daniel Rad in London September 20, 2021

Representative of Iranian supreme leader warns Azerbaijan to not “play with the lion’s tail”.

Duma election update: United Russian retains constitutional majority as e-voting used to "edit" results

bne IntelliNews September 20, 2021

As the final results from the weekend’s Duma election come in, the ruling United Russia Party has delivered several surprise results and retaken its constitutional majority with 49.65% of the vote, with 90% of the votes counted.

Ukraine holds most successful Gay Pride march ever

bne IntelliNews September 20, 2021

Ukraine held its most successful Gay Pride march on September 19, with an estimated 8,000 people in attendance including foreign diplomats.

Russia’s Communist Party makes big gains in the Duma elections as Kremlin efforts to crush smart voting fail

Ben Aris in Berlin September 20, 2021

The Communist Party of the Russian Federation (KPRF) made large gains in Russia’s Duma elections over the weekend in a major upset for the Kremlin, but the ruling United Russia has retained its majority.

London Bullion Market Association suspends Kyrgyz gold refiner’s accreditation for missing gold bars

Kanat Shaku in Almaty September 20, 2021

Kyrgyz investigation, meanwhile, adds former Centerra Gold leading executives to wanted list.

Romania’s leading insurer City Insurance heads towards bankruptcy after losing license

Iulian Ernst in Bucharest September 20, 2021

Romania’s Financial Supervisory Authority to start bankruptcy procedures against City after it failed to increase its capital by €150mn as required by the regulator.

Car production in Czechia falls by 39% during summer

bne IntelliNews September 20, 2021

Both car producers Skoda Auto and Toyota had to extend their traditional summer shutdowns due to lack of chips.

Hungarian opposition accuses Fidesz of sabotaging first round of primary election

bne IntelliNews September 20, 2021

IT experts confirmed that it was not simply an overload but a targeted attack, organisers said.

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