Central & Eastern Europe

Finland’s conservative National Coalition Party came first in elections but fell short of the majority needed to form a government on their own. 

Indian companies continue to do business with Russian banks using non-dollar currencies and channels outside of the Western financial system.

Romania’s success so far at reforms has been answered by growing investment interest.

Hungary's inflation is soaring and growth is slowing as tensions with the European Union continue to create political instability.

Global Finance presents the best private banks in the CEE region.

Slowing inflation would pave the way for better-than-expected economic growth in the region.

By embracing new technologies, Estonia has become the Baltic region’s economic rising star.

Valeria Gontareva, governor of the National Bank of Ukraine 2014–2017, knows a few things about rebuilding in the wake of conflict. She talks about how Ukraine’s economy can be restored.

Emily Wicker, partner at Clifford Chance, speaks with Global Finance about how sanctions against Russia are affecting the air transport sector worldwide.

In a world of uncertainty, banks look to the future.

Ikea, BP, Apple, and McDonald's closed their operations in Russia after the invasion of Ukraine began but some companies stayed put and profited.

Bots give straight-through processing a leg up.

From dealing with the effects of the pandemic, to an economy on the rebound, Georgia is moving forward.

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

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.