Bulgaria’s outgoing government under scrutiny over sudden hike in budget deficit
Bulgaria reported a consolidated budget deficit of €335.7mn in the first quarter of 2021 and will have to borrow to patch the gap later this year.
Bulgaria reported a consolidated budget deficit of €335.7mn in the first quarter of 2021 and will have to borrow to patch the gap later this year.
Montenegro's biggest creditor is China’s Exim Bank, which lent the country most of the funds for the Smokovac-Matesevo highway.
Supporters of jailed anti-corruption activist and opposition politician Alexei Navalny called for the next big anti-government demonstration on April 21, the same day as Russian President Vladimir Putin gives a State of the Nation Speech.
The euphoria of the 1990s is back as small investors ignore the risks and dream of getting rich overnight.
Since Russian residential developer Samolet Group listed on the Moscow Exchange (MOEX) in October last year with a valuation of $721mn a lot has happened. Surprisingly most of it has been good.
The White House has slapped new sanctions on Russia and targeted the Russian Ministry of Finance ruble-denominated OFZ treasury bills for the first time, the workhorse bond that is used to fund the budget. But what do the sanctions mean in practice?
The share price of Uzbek insurance company Universal Sugurta rose 200,000% in the first two months of this year, only to collapse again in March. It looks like a classic "pump and dump" play, but for the nascent market that's probably a good thing.
Analysts expect headline CPI to hover around 3% in 2021, above the central bank’s inflation target of 2.5%.
Social media was buzzing with speculation after Belarus' President Alexander Lukashenko said that he was going to announce a “principled” decision of the last quarter century this week on April 17.
Jailed anti-corruption activist and opposition politician Alexei Navalny is close to death as he goes into his 19th day of a hunger strike in prison and the Russian authorities try to ban his organisation as "extremist."
After previously denying it, Azerbaijan now says that Armenia fired Russian-made rockets during last year’s war. And now they’re trying to make things difficult for Moscow.
The US and Iran appear to have edged closer to an agreement that would see a revival of the 2015 nuclear deal.Indirect talks in Vienna last ...
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