President Aleksandar Vucic has warned Serbia may quit the Council of Europe if Kosovo gains membership.
US prosecutors move to seize lavish properties allegedly purchased with money moved through shell companies.
Kyrgyzstan, a country perpetually battling a shortage of water resources, is reportedly irked by neighbour Uzbekistan’s “grandiose hydropower ...
Fitch Ratings has issued a note highlighting “tangible” progress in the past four years in the reform of Uzbekistan's ...
Uzbekistan’s 2M23 trade turnover expanded by 10.5% to $9.9bn, with exports up 13.6% y/y to $3.6bn and imports gaining by 8.7% y/y to $6.3bn, ...
Electric bus company BasiGo has secured $3mn worth of equity funding from CFAO Group to scale up production in Kenya and Rwanda.With operations ...
Russia’s state nuclear energy corporation Rosatom is developing a floating nuclear power plant (NPP) project for South Africa, Interfax news agency ...
Licence fee to fund production plans in Slovakia for sports car that transforms into light aircraft at the click of a button.
The Gasnet acquisition comes amid the efforts of the Czech state to gain a stronger footing in the energy infrastructure and diversification from its dependency on Russian energy supplies.
E-commerce and fintech startup raises $114mn on valuation of $1.16bn.
The economies of Central and Eastern Europe (CEE), which experienced a period of stagnation last year, are poised for a modest revival in 2024, but both the Russian and Turkish economies are already overheating.
The general government budget deficit rose by 70% y/y to €5.8bn, one-third of the full-year deficit target, in the first two months of 2024.
The annual increase of the stock of bank loans in Romania has eased gradually from 6.4% y/y in December to 5.7% y/y in January and 4.9% y/y in February.
Romania has been catching up with the EU average faster than Hungary, which fell into recession in 2023.
The European Bank for Reconstruction and Development (EBRD) has allocated a €75mn for risk-sharing facility to Privredna banka Zagreb (PBZ), a part ...
Policymakers had discussed three options, a 50bp, 75bp and 100bp cut, and decided unanimously on the 75bp one, deputy governor Barnabas Virag said after the rate decision.
Uzbek President Shavkat Mirziyoyev is a man with a mission: to add value to everything he can. Uzbekistan is emerging from its hermit status under ...
Initially, Anton and his friends thought it was a drone strike. The first images they saw on Telegram channels was of the top of the concert hall on fire, with black smoke billowing out into the light-polluted sky.
CIB realised a record HUF64bn (€160mn) in after-tax profit, up from HUF36.1bn a year ago, which translates to a robust 21.5% ROE, the Hungarian ...
Kyrgyzstan warning citizens to stay away from Russia and Turkmenistan trying to bring students home.