Private equity firm J.C. Flowers and Co and the European Bank for Reconstruction and Development (EBRD) have completed the acquisition of Piraeus Bank Romania (PBR), the...
Tag - Financial Services
In June, Georgia went through yet another wave of political changes. Prime Minister Giorgi Kvirikashvili resigned amid disagreement with some his fellow Georgian Dream...
Moldova was the poster-child of the Eastern Partnership during 2013-14. Since them, much time has passed and the mesmerising attraction of its political class has almost...
When the EBRD was created in 1991 to help the shattered economies of the former Soviet bloc, it was well known that these economies were massively inefficient in their...
The European Parliament has expressed serious concern over the further deterioration of democratic standards in Moldova, after courts in the country invalidated the...
Andrew Wrobel talks to Tudor Ulianovschi, Moldova's foreign minister, about the country's image abroad, and how perceptions are finally changing for the better.
The Moldovan government looks set to make an official offer to buy a 41 per cent stake in the country’s largest bank, Moldova-Agroindbank (MAIB), which holds...
The International Finance Corporation (IFC), a member of the World Bank Group, signed an agreement with the government of Switzerland on June 19 to facilitate energy...
There was a new boost for Warsaw’s burgeoning international banking sector on June 13 when Standard Chartered announced plans to set up operations in the city. The...
Foreign Direct Investment (FDI) inflow to Central, East and Southeast Europe (CESEE) is decreasing due to disinvestment, the Vienna Institute for International Economic...
Economic performance remains solid in Kosovo, but fiscal risks have increased. That is the headline conclusion of an International Monetary Fund (IMF) mission to the...
After the fall of the Iron Curtain, when emerging European countries began implementing market economy principles, the region was seen as a low-cost manufacturing...