Russia

Growth in CEE to slow to 3.5% – World Bank

The war in Ukraine is set to inflict twice the amount of economic damage that the COVID-19 pandemic did, the…

2 years ago

Hungarian gov’t-friendly firm buys Sberbank share in Croatia’s Fortenova

Russia's Sberbank has sold its 43% stake in Fortenova to Hungarian-US investment fund Indotek Group, Croatian daily Jutarnji List reported.…

2 years ago

Russian firms flock to Serbia post-invasion

Nearly 300 Russian companies and nationals have been registered in Serbia since Russia launched its invasion of Ukraine on 24…

2 years ago

Nuclear plant expansion is on, Hungary PM says, as FM calls sector sanctions ‘a red line’

The EUR 12.5 bn expansion of Hungary’s only nuclear power plant at Paks remains viable, Hungarian Prime Minister Viktor Orban…

2 years ago

There are no winners in war, but it does matter who loses: history turns on it – CET

The war in Ukraine is a further nail in the coffin of the Pax Americana. Donald Trump began the dismantling…

2 years ago

US Secretary of State challenges Moscow to “state it plainly” it won’t invade Ukraine

US President Joe Biden said on Thursday that the prospect of Russian forces invading Ukraine remains a real threat, a…

2 years ago

Serbia, Hungary most vulnerable to Russian, Chinese influence – Globsec report

Serbia and Hungary are the Eastern European countries most exposed to Russia and China, a new study found. Czechia and Romania…

2 years ago

Russia leverages gas in attempt to weaken Moldova’s ties with EU – Financial Times

Russian state-owned Gazprom has offered Moldova a new and improved gas-supply contract on condition that it drops its tariff-free trade…

3 years ago

Russia cuts diplomatic relations with NATO

Russia has announced that it will suspend its NATO mission in Brussels after the western military alliance expelled eight employees…

3 years ago

There is little alternative to Russian gas for Eastern Europe – Hungary signs 10+5-year deal

Russian state-owned Gazprom and Hungarian energy group MVM signed a ten-year gas-supply agreement at the end of August. Under the deal,…

3 years ago