Southeast Europe / Features

Credit card allowance difference between survival and oblivion for millions of Turks amid inflation crisis

Jonny Tickle May 11, 2022

Inflation variously measured at from 70% to 157% has wiped out pay rise gains. There are now more credit cards than people in Turkey.

Where the 11 Southeast European states stand on the Ukraine war

bne IntelliNews May 5, 2022

Southeast Europe is split over the issues of sanctions on Russia and military aid to Ukraine, with some states firmly in the western camp, some staying neutral and others internally torn.

Shortages force North Macedonia to change its farm policy

Valentina Dimitrievska in Skopje May 3, 2022

North Macedonia is struggling with record-high food prices and shortages of cooking oil, wheat and flour.

Bulgaria’s president, government in open conflict over military aid for Ukraine

Denitsa Koseva in Sofia May 2, 2022

The war in Ukraine drew a clear line in Bulgarian political life, with President Rumen Radev positioning himself firmly on Moscow’s side and opposing the government’s plans to approve military aid to Ukraine.

Young Moldovans respond to Transnistria blasts with anger, sadness and resignation

Haley Bader in Paris April 28, 2022

Four young women from Moldova and Transnistria tell bne IntelliNews how a series of unexplained attacks in the separatist republic affected their lives.

Serbia’s pro-Russian media turn on Putin

bne IntelliNews April 28, 2022

Russia risks losing one of its last remaining European friends after President Vladimir Putin hints Moscow may drop support for Serbia on Kosovo issue.

Expected IPOs of major state companies to revive Belgrade stock exchange

Clare Nuttall in Belgrade April 25, 2022

New start for the Belex after the government’s adoption of a capital markets development strategy and the Athens Stock Exchange’s acquisition of a 10.24% equity stake.

Gagauzia’s pro-Russian people open their arms to Ukrainian refugees

Haley Bader in Comrat April 20, 2022

The majority of Gagauzians are pro-Russian and take Russia’s side in the war in Ukraine, but many are still offering aid to refugees from the conflict.

Serbia won’t abandon Russia as West mulls ever-tighter sanctions

Clare Nuttall in Belgrade April 15, 2022

Refusal to impose sanctions on traditional ally Russia risks permanently damaging Serbia’s relations with the West and EU accession prospects.

North Macedonia’s census reveals sharp population decline and change in ethnic mix

Valentina Dimitrievska in Skopje March 31, 2022

Mass emigration contributed to almost 10% decline in North Macedonia's population since previous census in 2002.

EBRD slashes 2022 growth forecasts but only nations embroiled in war to enter recession

Clare Nuttall in Glasgow March 31, 2022

Ukraine's economy forecast to contract by 20% and projections worsen across emerging Europe — except for Eurasian oil and gas producers Azerbaijan and Turkmenistan.

Serbia’s general and presidential elections to be a clash of generations

bne IntelliNews March 30, 2022

Young Serbs tell bne IntelliNews they dream of change, but polls show President Vucic and his ruling SNS are heading for yet another victory.

Bulgaria, Nato’s (dis)loyal partner

Denitsa Koseva in Sofia March 28, 2022

Bulgarians have turned against Russia and its President Vladimir Putin since the invasion of Ukraine, but politicians remain conflicted in what was for many years one of the EU’s most pro-Russian states.

Ukrainian refugees rely on generosity of strangers in Moldova

Haley Bader in Comrat and Palanca March 23, 2022

While Moldovans work tirelessly to provide accommodation for fleeing Ukrainians with uncertain futures, welcome centres are still desperately underfunded and depend on volunteers

Balkan flashpoints after Russia's invasion of Ukraine

bne IntelliNews March 20, 2022

Since the invasion of Ukraine, there have been warnings of Russian efforts to destabilise the Western Balkans.

Eastern EU member states divided over sanctions on Russian oil and gas exports

bne IntelliNews March 18, 2022

Central and Southeastern European countries are among the most vulnerable to any cut-off in Russian energy exports, but this has not stopped some of them from being very vocal in demanding tougher action.

LONG READ: Winners and losers from the war in Ukraine (and Russia has already lost, even if it wins)

Ben Aris in Berlin March 16, 2022

Russia loses from war in Ukraine, even if it wins. China wins from the war irrespective of whether Russia wins or loses. The US also wins from both a Russian victory and a defeat, but its win is less if Russia wins. Everyone else loses.

Grain-hungry nations look to second-tier emerging Europe producers

bne IntelliNews March 11, 2022

​The war between two of the world’s top grain exporters, Russia and Ukraine, has sent prices to record levels and forced importers to urgently seek out alternative sources.

EXPLAINER: The Moldovan separatist republic of Transnistria

bne IntelliNews March 8, 2022

What to expect from the Russia-backed separatist republic on Ukraine's western flank.

EXPLAINER: The Moldovan separatist republic of Transnistria

bne IntelliNews March 8, 2022

What to expect from the Russia-backed separatist republic on Ukraine's western flank.