Central & Eastern Europe

Azerbaijan offers fertile soil for a burgeoning private sector and foreign direct investment, despite potential military hostilities.

Cryptocurrencies have become virtual ammunition used by both Russia and Ukraine in the conflict.

In a dramatic turnaround, European nations put their differences and national interests aside to do what was formerly unthinkable.

Despite a raft of sanctions announced by the US and other countries targeting Russia's biggest banks, there is no international consensus about removing Russia from the Swift network—yet.

The currency’s wild ride continues into the new year.

This year’s best private Central and Eastern European banks prep for an economic recovery.

Turkish President Recep Erdogan believes high interest rates cause high inflation and sacked three central bank governors who stalled on rate cuts.

Yet, achieving quick results in battling graft and bringing prosperity to the European bloc’s poorest nation is unlikely.

Nearly a dozen Russian companies have hit the public markets since early 2020, with at least four more expected to start trading publicly before the end of the year. 

Yannis Stournaras, central bank governor of the Bank of Greece, talks to Global Finance about the outlook for 2022 and potential risks.

Companies look to make up for time lost to Covid-19.

Russia’s conservative economic approach offers opportunities for the attentive investor.

The Covid-19 pandemic hastened the shift to a virtual world, with companies reaping substantial rewards.

The Czech Republic’s decision to rejoin EBRD has an echo of Cyprus belatedly becoming a member country in 2014 in the wake of its financial crisis.

Bosnia-Herzegovina competes aggressively with other Balkan countries to attract foreign investment.

China's infrastructure diplomacy runs into headwinds in central and eastern Europe.

Turkey's economic policymaking may be in disarray but it's housing market is hot.

The region’s three economies face distinct challenges as Azerbaijan follows up on its military victory, Armenia licks its wounds and Georgia copes with political turmoil.

Erdoğan’s government hopes a more disciplined monetary policy will restore investor confidence and bolster an economic recovery in 2021.

A lively export sector is helping boost North Macedonia out of the Covid-19 crisis.