News
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South Stream Abolished. New Pipeline, Turk Steam
South Stream Abolished. New Pipeline, Turk Steam
December 10, 2014With the South Stream pipeline axed by Vladimir Putin following a campaign to halt it by the EU, it now appears [...]
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Viktor Ponta would be ‘Happy to Resign’
Viktor Ponta would be ‘Happy to Resign’
December 09, 2014Romanian Prime Minister Viktor Ponta has said he will be happy to resign if the National Anti-corruption [...]
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Ukraine Inflation over 21%
Ukraine Inflation over 21%
December 09, 2014Aside from the country’s troubles with separatist rebels in the East, the Ukraine economy has many hurdles to get [...]
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Juncker ‘South Stream can be Built’
Juncker ‘South Stream can be Built’
December 08, 2014European Commission chief, Jean-Claude Juncker has called Vladimir Putin’s bluff by saying The South Stream gas [...]
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Orban Reacts to John McCain’s ‘Dictator’ Comments
Orban Reacts to John McCain’s ‘Dictator’ Comments
December 08, 2014Hungary’s Prime Minister, Viktor Orban summarised his position on many of the country’s large issues in [...]
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Starwood Distressed Opportunity Fund buys Krakow Business Park
Starwood Distressed Opportunity Fund buys Krakow Business Park
December 08, 2014Starwood Distressed Opportunity Fund X, a property fund of Starwood Capital, has purchased a major business park in [...]
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Paks Nuclear Power Plant 20 Year Extension
Paks Nuclear Power Plant 20 Year Extension
December 06, 2014Block 2 of the Paks Nuclear Power Plant in Hungary has been given a 20 year extension, from the end of this year. [...]
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IKEA ‘still believe in Russia’
IKEA ‘still believe in Russia’
December 03, 2014IKEA’s MEGA Malls business in Russia is to push forward its plans to continue a vast expansion and renovation [...]
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Hungarian Sunday Shopping Ban
Hungarian Sunday Shopping Ban
December 03, 2014Following the proposal by the minority Christian Democrats (KDNP), a bill proposing that most shops be closed on [...]
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Gdynia Port Expansion
Gdynia Port Expansion
December 03, 2014Construction of a grain storage facility on Indian Quay at Gdynia port will increase capacity to store the [...]
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Green Court Bucharest Sold for €44 million
Green Court Bucharest Sold for €44 million
December 03, 2014Swedish construction and development company, Skanska is to sell its first project in Romania. Green Court [...]
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Vojany Uzhgorod Gas Pipeline to Supply Ukraine
Vojany Uzhgorod Gas Pipeline to Supply Ukraine
December 03, 2014Slovakian gas company Eustream AS, are to restart reverse gas flows to Ukraine in the coming months, according to [...]
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Foreigners Enter Ukraine Cabinet
Foreigners Enter Ukraine Cabinet
December 03, 2014In what has been deemed a surprise move in the Ukraine, the newly appointed government have brought in three [...]
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Glut in Poland’s Commercial Property Market
Glut in Poland’s Commercial Property Market
December 02, 2014Developers in Poland’s Commercial Property Market are continuing to build, despite supply significantly [...]
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Ukraine Economy Outlook 2015
Ukraine Economy Outlook 2015
December 02, 2014As 2015 approaches, the economy of the Ukraine could hardly be in worse shape. Kiev in particular had not long ago [...]
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Promising PMI Figures for Central Europe
Promising PMI Figures for Central Europe
December 02, 2014Markit Economics have released impressive PMI figures for November for Poland, Czech Republic and Hungary. The [...]
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Rolling Russian Ruble
Rolling Russian Ruble
December 01, 2014In yet more misery for the Russian economy, last weeks expected OPEC decision to keep output at the same pace has [...]
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Russia Turkey Relations Strengthen
Russia Turkey Relations Strengthen
December 01, 2014Despite the two countries having widely different views on how to deal with Syria’s President Bashar al-Assad, [...]
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Lithuania to build Visaginas Nuclear Power Plant
Lithuania to build Visaginas Nuclear Power Plant
December 01, 2014With the Baltic states looking to diversify energy security from Russia, the construction of the long planned [...]
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Ruble and Oil, Both In Decline
Ruble and Oil, Both In Decline
November 27, 2014Russia will be watching with interest today as the meeting of the 12 members of OPEC is to take place. It is [...]