News
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Estonia’s Lux Express to Open Routes in Russia
Estonia’s Lux Express to Open Routes in Russia
April 22, 2017Estonian bus operator Lux Express is set to begin operating regular domestic services in Russia. This Summer will [...]
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British Taxi Service to Open in Moscow to Rival Uber
British Taxi Service to Open in Moscow to Rival Uber
April 10, 2017Competition in the Moscow taxi market is set to increase after an alliance of ride-hailing services known as Splyt [...]
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Polish Inflation Lowers to 2%
Polish Inflation Lowers to 2%
April 02, 2017Poland’s consumer index slowed from 2.2% year on year in February to 2%, the statistics office GUS announced [...]
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Polish Economy to Grow 3% This Year
Polish Economy to Grow 3% This Year
February 15, 2017Poland’s economy is set to grow over 3% this year, Deputy Prime Minister and Finance Minister, Mateusz [...]
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Russia Proposes Currency Devaluation
Russia Proposes Currency Devaluation
February 05, 2017The Russian Finance Ministry has reportedly proposed devaluing the ruble by as much as 10% in order to bolster [...]
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Russia Sells 19.5% Stake in Rosneft
Russia Sells 19.5% Stake in Rosneft
December 11, 2016Russian oil giant, Rosneft has sold a 19.5% stake to Glencore and The Qatari Sovereign Wealth Fund. It is said [...]
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Romania Sets Up Euro Adoption Committee
Romania Sets Up Euro Adoption Committee
December 11, 2016The Romanian government has set up a ministry committee in order to set up a timeline for adoption of the euro. [...]
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Poland’s Shale Dream Officially Ends
Poland’s Shale Dream Officially Ends
October 23, 2016Polish energy companies, PGNiG and PKN Orlen have finally given up their hopes of extracting shale reserves in [...]
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Record September for Warsaw’s Chopin Airport
Record September for Warsaw’s Chopin Airport
October 20, 2016Warsaw’s primary airport, Chopin, saw record numbers of passenger for September with 1.3 million people [...]
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Ukrainian Foreign Reserves Increase as Economy Shows Signs of Strengthening
Ukrainian Foreign Reserves Increase as Economy Shows Signs of Strengthening
October 15, 2016Following the second review by the IMF in September, foreign reserves held by Ukraine have increased. Reserves [...]
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Russian Banking Jobs Fall by 15% Since 2014
Russian Banking Jobs Fall by 15% Since 2014
October 12, 2016Figures from the Russian state statistics agency Rosstat have shown that jobs in the Russian banking sector have [...]
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Lithuania’s Sluggish Economy Leads Election Debates
Lithuania’s Sluggish Economy Leads Election Debates
October 09, 2016Lithuania’s sluggish economy has dominated debate in an election where the ruling Social Democrats look to [...]
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Romanian GDP Passes Pre-Crisis Peak
Romanian GDP Passes Pre-Crisis Peak
August 16, 2016GDP figures from Romania showed an increased of 6% year on year in the second quarter of 2016. This is an increase [...]
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Ukraine Moves to Ban Russian Company Imports
Ukraine Moves to Ban Russian Company Imports
August 05, 2016Ukraine’s government has made moves to ban imports from Russian companies, who work with other companies [...]
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Poland’s Auction Site Allegro Up for Sale
Poland’s Auction Site Allegro Up for Sale
August 01, 2016The largest auction website in Central and Eastern Europe Allegro, has been put up for sale with many big names [...]
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Ukraine to Buy all Gas from EU if Gazprom Deal Fails
Ukraine to Buy all Gas from EU if Gazprom Deal Fails
July 18, 2016Whilst Ukraine’s national gas company Naftogaz, continues to negotiate with Russia’s Gazprom, it has [...]
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Russia Looking to Sue EBRD
Russia Looking to Sue EBRD
July 14, 2016Russia has plans to sue the European Bank for Reconstruction and Development according to the Interfax news [...]
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NATO Condemns Russia at Warsaw Summit
NATO Condemns Russia at Warsaw Summit
July 10, 2016At this weekend’s NATO Summit in Warsaw, Russia was the target of criticism over its annexation of Crimea [...]
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Brexit: Leave Vote Puts Britain and Europe into Chaos
Brexit: Leave Vote Puts Britain and Europe into Chaos
June 27, 2016A surprise result in the Brexit referendum has thrown the political situation and future of the EU and the UK into [...]
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Lukoil to Step up Oil Production in Iraq
Lukoil to Step up Oil Production in Iraq
June 17, 2016Russian energy giant Lukoil, plans to increase oil production in Iraq and is to negotiate the conditions of [...]
