bneGREEN: Europe saves €100bn from the switch to renewables due to the Ukraine war

Ben Aris in Berlin June 5, 2023

European electricity consumers will save some €100bn on their energy bills, due to the rapid expansion of renewable energy sources caused by the Russian induced energy crisis the International Energy Agency said in a report.

Support for Moldova, solidarity with Ukraine at second EPC summit

bne IntelliNews June 2, 2023

European leaders stress the importance of European solidarity and affirm support for states on the continent’s Eastern Flank.

VISEGRAD BLOG: Macron makes the weather in Eastern Europe

Robert Anderson in Prague May 31, 2023

The French president tried to persuade sceptical East Europeans that they had nothing to fear from a Europe that was more self-reliant in security – and he almost pulled it off.

THE VIEW FROM MITTELEUROPA: Turkish result shows that 'all for one and one for all' is rarely the best tactic to bring down a strongman

Marcus How of ViennEast Consulting in Vienna May 29, 2023

The failure of the Nation Alliance under optimal conditions shows that 'big tent' coalitions under a single list often do not succeed in extending the opposition's reach.

EBRD 2023: Bank to expand into the whole of Africa plus Iraq

Ben Aris In Samarkand May 18, 2023

The first investments are due to begin in six counties in sub-Saharan Africa in 2025.

EBRD cuts regional growth forecasts again but Central Asia still going strong

Clare Nuttall in Samarkand May 16, 2023

Inflation remains a drag on growth in Emerging Europe, along with sluggish growth in advanced economies and stricter financing conditions in Central Europe and the Baltic states.

Over €416mn to be spent on Adriatic sea tourism infrastructure by 2025

Aida Kadyrzhanova in Almaty May 10, 2023

Major new investments in marinas at Vlora in Albania and Rijeka in Croatia are going ahead, as infrastructure is developed along the eastern Adriatic coast.

Balkan region in shock after mass killings in Serbia

Valentina Dimitrievska in Skopje May 7, 2023

Two separate incidents within days resulted in the deaths of 17 people, mostly children.

NEMETHY: Some thoughts on inflation

Les Nemethy CEO and founder of Euro-Phoenix Financial Advisors May 7, 2023

I have been writing that we are facing a period of high inflation since long before it was fashionable. Now I believe that, on the balance of probability, we face an entire decade of high inflation.

bneGREEN: Europe suffers second-worst year for wildfires since records began

bne IntelliNews May 4, 2023

Fires in 45 countries burnt an area the size of Montenegro, with Ukraine, Spain and Romania the worst affected countries.

EU Commission bans Ukraine grain exports to Central Europe

bne IntelliNews May 3, 2023

The grain crisis has been a huge embarrassment for the EU and in particular for its CEE members, who have otherwise been among the strongest supporters of Ukraine.

Southeast European economies expected to outperform the wider region

bne IntelliNews May 1, 2023

Albania, Kosovo and Romania stand out with strong projected growth in 2023-25, wiiw forecasts show.

Slovenia's annual inflation slows to 9.4% in April

bne IntelliNews May 1, 2023

High food and electricity prices continue to drive inflation despite slowdown in price growth for other categories.

Emerging Europe on tentative recovery path from 2023

bne IntelliNews April 27, 2023

The Central, Eastern and Southeast Europe economies have largely digested the economic shock caused by the war in Ukraine and are heading for modest growth this year, says wiiw.

Slovenia’s retail sales decline further y/y in March

bne IntelliNews April 26, 2023

Steepest declines were for car fuel and other non-food goods, while food sales also slowed.

EU still among the largest importers of Russian oil products

bne IntelliNews April 26, 2023

New data shows that the EU is still among the largest importers of oil products from Russia, which are routed through 'laundromat' countries to avoid sanctions, according to the CREA.

European defence spending soars by 14% in 2022, says Sipri

bne IntelliNews April 25, 2023

Central and Western Europe spend more in real terms than in 1989, the last year of the confrontation with the Soviet Union.

bneGREEN: Poland, Romania and Bulgaria face highest decarbonisation transition risks, says Fitch

bne IntelIiNews April 25, 2023

Decarbonisation costs predicted to put up region's average debt/GDP levels by 7pp by 2030.

Europe’s heating season ends as gas storage passes bottom

bne IntelliNews April 25, 2023

European gas tank storage hit a low of 55.36% full at the start of April 1, and the volume held in tanks has grown since then to 57.94% full as of April 23, according to data from GIE.

Slovenia’s biggest listed companies face headwinds and tailwinds from a turbulent year

Clare Nuttall in Glasgow April 24, 2023

As results come through from Slovenia’s largest listed companies, there are stark differences in how the economic and political upheavals of the last year have treated them.