bne_newspaper_December_21_2018

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Content:
2 Top Stories
7 The Regions This Week 11 Chart
13 Central Europe
16 Southeast Europe
18 Eastern Europe 21 Eurasia
23 Opinion
27 Lists24 Lists
December 21, 2018 www.intellinews.com
Belarus-Russia energy dispute snowballs
bne IntelliNews
Russia has refused to discuss with a high-level delegation from Minsk possible ways of compen- sating Belarus for its multi-billion losses from the so-called 'tax manoeuvre' in the Russian oil sector that will effectively cut energy subsidies to Belarus.
Russian Deputy PM Dmitry Kozak told journalists
Romania’s tough tax plans send markets tumbling
bne IntelliNews
Banking and energy stocks on the Bucharest exchange were badly hit on December 19, as stocks took a hammering when the government announced new plans to tax banks and energy companies, aimed at boosting revenues to rein in the budget deficit.
Belarus' President Alexander Lukashenko accused Russia of using oil subsidies to annex his country.
on December 13 that he did not consider it right to discuss this issue and the gas price issue "before fundamental decisions are made on progress towards further integration between Russia and Belarus".
See page 2
Investors see a bleak outlook in Romania.
blows to markets, approving a controversial law on the pension system, and three bills introducing tighter regulations for local banks.
On December 19, Finance Minister Eugen Teo- dorovici confirmed an imminent tax on banking
On the same day, lawmakers delivered additional
See page 4