News

Croatia has triple-A rating after Moody's upgrade

Aidą Kadyrzhanova in Prague November 10, 2024

Moody's two-notch upgrade from Baa2 to A3 follows similar upgrades by Fitch and S&P.

The Tbilisi Court of Appeals overturns previous rulings to annul tampered ballots, rejects all further appeals

bne IntelliNews November 10, 2024

The Tbilisi Court of Appeals has overturned a high-profile ruling that annulled election results in 30 precincts for alleged violations of voter secrecy, Anna Gvarishvili, a prominent Georgian journalist, reported in a post on social media.

Freedom Holding Corp reports 33% revenue growth in 2Q24, expands in Central Asia and Europe

bne IntelliNews November 8, 2024

The NASDAQ-listed Freedom Holding Corp. has reported a 33% y/y revenue increase in the second quarter to $580.9mn, the fund said in a press release on November 8.

EU leaders gauge impact of Trump’s return at Budapest ECP summit

Tamas Csonka in Budapest November 8, 2024

French President Emmanuel Macron urged Europe to embrace "strategic autonomy" in the wake of Trump's victory, advocating for a Europe less reliant on American military protection.

Poland’s government says it is ready to work with 'controversial' Trump

Wojciech Kosc in Warsaw November 8, 2024

Warsaw is worried that Trump is capable of making abrupt decisions that would end the West’s involvement in Ukraine.

Italian businessman’s €100mn arbitration victory against Albania sparks international financial and legal dispute

bne IntelliNews November 7, 2024

New evidence casts doubt on the validity of Belgium court’s decision to award €100mn to Italian businessman in a long-running arbitration case with the Albanian government.

Erdogan urges full inclusion of Turkey in EU defence efforts

bne IntelliNews November 7, 2024

With second largest land forces in Nato, Ankara may have an ace in efforts to join European bloc if Trump takes US on isolationist path.

Serbia plans €2.68bn infrastructure spending spree in 2025

Tatyana Kekic in Belgrade November 7, 2024

Major investment package is part of Belgrade's ongoing efforts to enhance its infrastructure and support economic growth.

Lukoil denies plans to sell Bulgarian refinery to Qatari-UK consortium

Denitsa Koseva in Sofia November 7, 2024

Lukoil denies reports of talks with UK-Qatari consortium, but says it is "considering various options" regarding its Bulgarian business.

Romania’s nationalist presidential candidate Simion expects boost from Trump win

Iulian Ernst in Bucharest November 7, 2024

George Simion has consistently supported Trump despite harsh criticism from rival politicians. Now he expects to reap the benefits.

Belarus Election Committee registers six pro-regime candidates to run against Lukashenko in 2025 presidential election

Ben Aris in Berlin November 7, 2024

The Belarusian Central Election Committee (CEC) has registered six pro-regime candidates to run against incumbent Belarus President Alexander Lukashenko in the January 26 presidential elections.

Moldova to reshuffle government to improve EU accession prospects and address public criticism

Iulian Ernst in Bucharest November 7, 2024

Primary motivation behind the reshuffle is to expedite reforms that align with Moldova’s EU integration goals, with the aim of achieving membership by 2030.

Studenac aims to raise €80mn with dual listing in Warsaw and Zagreb

Clare Nuttall in Glasgow November 7, 2024

Croatia-based retailer outlines IPO plans as it pursues aggressive regional growth.

Investigation sheds light on the way Georgian Dream allegedly fixed the election

Liza Zhvania in Tbilisi November 7, 2024

The accusations range from the use of a sprawling network of “call centres” using secretly acquired data on individual voters, to systematic vote-buying and intimidation.

Georgian opposition counts on permanent protests to wear down regime

Ailis Halligan in Tbilisi November 7, 2024

Georgians went onto the streets for the third consecutive day on November 6 to protest against the disputed results of last month’s parliamentary elections.

Orban calls Trump’s return to the White House one of the greatest comebacks in Western political history

Tamas Csonka in Budapest November 7, 2024

We have big plans for the future," tweets Hungarian populist premier.

Georgian vote rigging controversy moves into the courts as the pro-regime “Judiciary Clan” faces unexpected challenges

bne IntelliNews November 7, 2024

There is significant turmoil in Georgia's judicial system, with events unfolding at an alarming pace, according to prominent Georgian journalists Anna Gvarishvili in a post on social media on November 6.

Hungary says it has attracted €24bn in battery-related investments since 2016

Tamas Csonka in Budapest November 6, 2024

Hungarian FDI promotion agency says Eastern Opening policy has helped make Hungary a "meeting point" between West and East.

What Trump’s return means for Armenia and the South Caucasus

Ani Avetisyan November 6, 2024

Some see Trump’s comeback as a chance for Azerbaijan to minimise Western involvement in the Caucasus and achieve a deal with Armenia with maximum benefits for Azerbaijan.

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