Southeast Europe / Features

Can Emerging European countries afford to rearm?

Clare Nuttall in Glasgow March 2, 2025

As European countries face a pressing need to rearm amid fears the US may pull back from its security commitments, an EBRD report shows higher defence spending is already putting pressure on public finances.

Lebanon's rail revival paves the way for economic growth and unity

By Josiane Hajj Moussa for bnm Beirut bureau February 27, 2025

Lebanon is seeking to revive its dormant railway network, aiming to reconnect with neighbouring Syria and Iraq while positioning itself as a potential link in China's Belt and Road Initiative (BRI).

EBRD lowers 2025 forecasts citing subdued global growth and trade fragmentation

Clare Nuttall in Glasgow February 27, 2025

Weaker external demand and potential impact of Trump tariffs weigh on Emerging Europe, Central Asia and Semed regions, with growth now projected at 3.2%.

‘Perp walk’ pictures of businessmen who attacked Erdogan draw mocking response from opposition

bne IntelliNews February 21, 2025

Finance minister advised to hold up photo and say, “This is how favourable the investment environment in Turkey is.”

Romania's retail market expands despite economic slowdown, says Colliers

bne IntelliNews February 19, 2025

Growth reflects improved purchasing power, with Romania outpacing major economies in the region – and even some Western European countries – in per capita spending on clothing and footwear, says new Colliers report.

Turkey, Germany strike arms deal to ramp up production of 155mm artillery shells

bne IntelliNews February 13, 2025

Move comes as US downgrades its role in Nato defence of Europe and concern grows over how Russia is racing ahead in weapons manufacturing.

Russian holiday-makers return to Europe as demand for trips abroad surges

Ben Aris in Berlin February 11, 2025

Russian tourists are increasingly booking trips to Europe, with a sharp rise in hotel reservations for Spain, France and Italy, according to leading online travel aggregators.

Europe's economic woes made worse by looming trade war with US, says Goldman Sachs

Ben Aris in Berlin February 7, 2025

Cyclical industries across Europe are in danger from the economic slowdown sweeping Europe, Goldman Sachs warned in a note on February 4. They were already reeling from years of a polycrisis, but now President Trump is threatening a trade war.

Turkey’s earthquake disaster two years on – families still searching for lost children, 650,000 living in container cities

bne IntelliNews February 7, 2025

For so many survivors, it is proving impossible to move on and find closure.

North Macedonia faces economic strain as European carmakers restructure

Valentina Dimitrievska in Skopje February 6, 2025

The European automotive sector has been grappling with declining sales and growing competition from China, leading to significant restructuring efforts.

“Unchained” Trump is main risk to broadly positive Emerging Europe growth prospects

Clare Nuttall in Glasgow February 4, 2025

Steep US tariffs on the EU or a sudden cut in support for Ukraine are the major downside risks for the region, says new wiiw report.

Lack of megadeals drags down M&A volume in Emerging Europe

Clare Nuttall in Glasgow January 28, 2025

The number of deals in Central and Southeast Europe rose in 2024 but aggregate deal value fell by 31%, finds law firm CMS.

OUTLOOK Southeastern Europe 2025

bne IntelliNews January 20, 2025

What is in store for Southeastern Europe in 2025? bne IntelliNews’ annual OUTLOOK: Southeastern Europe 2025

Emerging Europe split between eager anticipation and wary acceptance ahead of Trump inauguration

bne IntelliNews January 17, 2025

For some leaders in Central and Southeast Europe, the new Trump presidency is seen as a opportunity; for others it’s a challenge to navigate carefully.

Romania’s political deadlock deepens as nationalists rise

Iulian Ernst in Bucharest January 13, 2025

Tens of thousands of people joined protest against cancellation of presidential election, which thwarted far-right candidate Calin Georgescu’s presidential ambitions.

OUTLOOK: Turkey 2025

bne IntelliNews January 9, 2025

What is in store for Turkey in 2025? bne IntelliNews’ annual OUTLOOK: Turkey 2025

Russia cuts gas deliveries to Moldova in attempt to undermine political stability

Iulian Ernst in Bucharest January 1, 2025

Majority state-owned Russian company Gazprom discontinued its gas supplies to Moldova on January 1, saying Moldova failed to pay its bills.

Romanian liberals orchestrated Georgescu campaign funding, investigation reveals

Denis Cenusa in Berlin December 22, 2024

Russia was accused of interfering in Romania’s presidential election November 24 presidential election that saw far-right and pro-Russian outsider Calin Georgescu storm to a shock first round victory. An investigation found otherwise.

Turkey, Syria tandem could mean piped Qatari gas for Europe and a supercharged Middle East clean energy transition

bne IntelliNews December 21, 2024

Prize could be huge for Ankara and Damascus if the Syrian fighting is really over.

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