bne_newspaper_August_4_2017

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Content:
2 Top Stories
5 The Regions This Week 9 Chart
11 Central Europe 14 Southeast Europe 16 Eastern Europe 19 Eurasia
22 Lists24 Lists
August 4, 2017 www.intellinews.com
CEE/CIS economic hubs face $1.3 trillion infrastructure gap
Clare Nuttall in Bucharest
The four regional economic hubs in the CEE/ CIS region – Russia, Kazakhstan, Turkey and Poland – are facing a combined infrastructure gap of $1.307 trillion over the next 23 years, according to new research published by the Global Infrastructure Hub, a G20 initiative.
US VP affirms support for CEE allies as relations with Russia deteriorate
bne IntelliNews
“America has no small allies, only strong allies,” said US Vice President Mike Pence when he ar- rived in the Montenegrin capital Podgorica on the final leg of his tour of three small East European nations – Estonia, Georgia and Montenegro.
The global need for infrastructure investment will reach $94 trillion by 2040, with a further $3.5 trillion needed to meet the United Nations’ Sustainable Development Goals for electricity and water, finds the study carried out by Oxford Economics.
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Montenegrin Prime Minister Duško Marković welcomes US Vice President Mike Pence on his arrival in Podgorica on August 1.
between Washington and Moscow, and just days after US Congress voted overwhelmingly in favour of tougher sanctions on Russia. Russian President Vladimir Putin swiftly responded by expelling 755 US diplomats.
The visit took place amid worsening relations
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