NEMETHY: The case for gold today – again

Les Nemethy CEO and founder of Euro-Phoenix Financial Advisors December 12, 2022

In April 2021 gold was sitting around a price of $1,700; as of December 10, 2022 it is now approaching $1,800. Relative to just about every other asset class, this is not a bad performance.

Serbia’s annual inflation stands at 15.1% in November

bne IntelliNews December 12, 2022

Headline inflation is expected to remain elevated through the end of 2022 and early next year.

EULEX patrol attacked in volatile north Kosovo

bne IntelliNews December 11, 2022

Car patrol attacked despite Pristina's decision to delay local elections amid deteriorating security situation.

Serbian central bank raises key rate to 5%

bne IntelliNews December 8, 2022

National Bank of Serbia seeks to limit the spillover effects of import price growth on domestic prices as inflation reached 15% in October.

Russian paramilitary group Wagner reportedly opens 'cultural centre' in Belgrade

Valentina Dimitrievska in Skopje December 7, 2022

Telegram announcement by group dubbed 'Putin's private army' comes at time of heightened tensions between Serbia and Kosovo.

US ambassador warns of security risks at north Kosovo’s upcoming elections

Valentina Dimitrievska in Skopje December 7, 2022

Jeffrey Hovenier says conditions are not in place for elections to be held safely after explosions in ethnically divided region.

CESEE banks expect credit conditions to tighten and NPLs to rise

bne IntelliNews December 7, 2022

With most COVID-19-related support measures having been phased out, borrowers are now being put under pressure by surging inflation and sharply rising interest rates.

Belgrade and Pristina blame each other for explosions in northern Kosovo

bne IntelIiNews December 6, 2022

Several explosions and gunshots were reported in two municipalities in northern Kosovo.

EU leaders call for faster enlargement for Western Balkans to counter Russian influence

bne IntelliNews December 6, 2022

EU leaders sought to reassure the Western Balkans countries that their future is inside the bloc at Tirana summit.

Croatia and Serbia deny secret Chinese police presence

bne IntelliNews December 5, 2022

Beijing reportedly set up dozens of police stations around the globe to monitor and repatriate Chinese citizens

EU to help Western Balkans curb illegal migration surge

bne IntelliNews December 5, 2022

Illegal movements along the Western Balkans routes have significantly increased in 2022.

Kosovans accuse FIFA of double standards after reports of death threats from Serbia fans

bne IntelliNews December 4, 2022

Amid heightened tensions between Serbia and Kosovo, the World Cup match between Serbia and Switzerland — which has two key players of Kosovo Albanian origin — became highly politicised. 

Foreign investment has transformed Eastern Europe, says wiiw report

Robert Anderson in Prague December 2, 2022

Foreign investment will continue to have a vital role to play in the region’s development, particularly now that international companies are rethinking their supply chains.

Pro-Russian ex-interior minister to head Serbia’s intelligence service

bne IntelliNew December 1, 2022

Aleksandar Vulin was a staunchly pro-Russian member of the former government, who paid a high-profile visit to Moscow in August.

Poland scrapes through to World Cup’s last 16 after humbling defeat by Argentina

Wojciech Kosc in Warsaw December 1, 2022

Poland go through group stage for first time for 36 years, with Croatia poised to join them as the only CEE teams to progress.

FIFA to take action against Serbia over controversial political banner in World Cup locker room

bne IntelliNews November 27, 2022

Banner showing Kosovo as part of Serbia reignited tensions after a deal was struck to end rift over car number plates that risked starting new conflict.

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.

Poll shows Serbian interest in EU accession waning

bne IntelliNews November 22, 2022

Survey shows widespread indifference. Just 28% of respondents are enthusiastic about joining the EU, while 19% hope accession negotiations fail.

Ukraine faces one of worst declines in GDP from a war, says EBRD

Robert Anderson in London November 22, 2022

The contraction in Ukraine’s GDP will be among the worst 10-20% of those in conflicts in the last 200 years, the development bank predicts in its 2022/23 Transition Report.