News

Dozens injured in violent police crackdown on Tbilisi pro-EU protest

Ailis Halligan in Tbilisi November 29, 2024

Georgian Dream's decision to halt the country's EU membership process until 2028 sparked the largest and angriest demonstration since spring 2024.

Putin juggles a “friendly” state visit to Kazakhstan with chilling missile threats for Ukraine

bne IntelliNews November 29, 2024

Anticipated announcements on big economic deals failed to materialise. Warnings Moscow could hit Kyiv with game-changing “Oreshnik” strikes did.

Kretinsky close to Royal Mail deal after concessions to UK government

bne IntelliNews November 29, 2024

These include maintaining deliveries of letters six days per week and parcels Monday to Friday, and keeping the brand name and Royal Mail headquarters and tax residency in the UK for the next five years.

Support for far-right parties surges ahead of Romanian general election

Iulian Ernst in Bucharest November 29, 2024

Poll indicates far-right to take up to 30% of parliament seats after shock presidential election lead for Calin Georgescu.

UK-hating Russian politician Dmitry Medvedev buys $4.4mn British-made luxury yacht

bne IntelliNews November 29, 2024

Former Russian President Dmitry Medvedev, now deputy chair of Russia’s Security Council and a vocal critic of Western nations, has reportedly purchased a GBP3.5mn ($4.4mn) luxury yacht manufactured in the United Kingdom.

Georgian prime minister shelves EU accession process

Ailis Halligan in Tbilisi November 28, 2024

PM Irakli Kobakhidze says Tbilisi to put accession process on hold until 2028 after European Parliament slams ruling party.

Israel, Lebanon in disarray over reports of ceasefire failure

bne Gulf bureau November 28, 2024

Israel's air force struck what it said was a Hezbollah rocket storage facility in southern Lebanon on November 28, as both sides accused each other of violating a day-old ceasefire meant to halt more than a year of cross-border fighting.

Romania’s Constitutional Court asks for presidential election recount

Iulian Ernst in Bucharest November 28, 2024

First round presidential election vote recount could lead to USR candidate Elena Lasconi losing her place in the runoff against far-right, pro-Russian Calin Georgescu.

Studenac cancels planned €80mn IPO citing unfavourable market conditions

bne IntelliNews November 28, 2024

Croatia's largest food retailer by store count had planned to list on the Zagreb and Warsaw stock exchanges.

Poland’s Orlen sank €1.2bn in Olefins 3 project under PiS government

Wojciech Kosc in Warsaw November 28, 2024

Audit identifies significant financial mismanagement in state-owned enterprises under previous government.

Hungarian debate on euro adoption resurfaces as forint weakens further

Tamas Csonka in Budapest November 28, 2024

The forint is on track to take the title of the worst-performing regional currency once again, extending a long-trend in place since Viktor Orban took power in 2010.

Fico boasts about Putin’s invitation to Moscow Victory Day Parade

Albin Sybera in Bratisava November 28, 2024

Slovak populist premier's visit will be only the third by a leader of an EU member state since Russia's full-scale invasion of Ukraine.

Croatian government struggles to restore trust in healthcare system after minister’s arrest

Aidą Kadyrzhanova in Prague November 28, 2024

Vili Beros’ arrest in a corruption case sparks major audit of public procurement.

Tusk calls for unity against Russia, proposes Baltic Sea policing mission

Wojciech Kosc in Warsaw November 28, 2024

Polish premier's proposal follows recent severing of undersea communication cables linking Finland to Germany and Sweden to Lithuania.

Gazprom reportedly conditions gas supplies to Moldova on $708mn claim

Iulian Ernst in Bucharest November 28, 2024

Gas giant wants Moldova to repay disputed debt or risk losing Russian gas supplies after expected closure of Ukrainian route.

Armenia refuses to host Eurasian Economic Union summit

bne IntelliNews November 28, 2024

Yerevan's refusal to host the summit comes amid growing tensions with Russia over the latter's inaction against Azerbaijan's military activities in Armenia and Nagorno-Karabakh.

Russia’s CBR halts purchasing currency as ruble drops

bne IntelliNews November 28, 2024

The Central Bank of Russia (CBR) announced halting purchases of foreign currency on the domestic foreign exchange market from November 28 until the end of 2024 as part of the budgeted regular currency interventions with the Ministry of Finance.

Analysts puzzled by Ankara’s claim Turkey’s stealth fighter jet work so hot US may lift F-35 ban

bne IntelliNews November 28, 2024

“It's comparatively easy to produce something that looks like a stealth fighter-ish thing that will fly,” says one dismissive expert.

Russian schoolchildren given fail grades for refusing to write letters to soldiers

bne IntelliNews November 27, 2024

Russian students have reportedly been penalised for refusing to write letters to soldiers involved in Moscow’s invasion of Ukraine.

Kosovo takes first steps towards establishing defence industry

Valentina Dimitrievska in Skopje November 27, 2024

PM Albin Kurti announces plans for ammunition factory and drone lab as tensions with Serbia rise.

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