Eastern Europe and Eurasia
Georgia's Prime Minister Steps Down
On June 13, Prime Minister Giorgi Kvirikashvili publicly announced
his resignation from his post. Kvirikashvili cited differences with Georgian Dream party chairman Bidzina Ivanishvili over economic policy.
Kvirikashvili, who has been Prime Minister since 2015, identified “the floating exchange rate, gradual increase of key policy rate,” and steps against dollarization and excess debt as key economic reforms carried out by his government.
Under Georgia's constitution, the ruling party must nominate a new prime minister, who will in turn nominate cabinet members. The new government's confirmation will be contingent on a parliamentary vote of confidence.
On June 13, Macedonian President Gjorge Ivanov refused
to sign a deal with Greece to resolve the decades-long dispute over his country's name. Ivanov cited the country's constitution as prohibiting the change.
The prime ministers of Macedonia and Greece had come to an accord the day prior to rename the country the Republic of North Macedonia, while its people and language would still be known by their previous names. After the president's rejection of this agreement, nearly 1,000 protesters gathered in Skopje to demand that Prime Minister Zoran Zaev step down.
UKRAINE & RUSSIA:
A Swedish appellate court has halted
the implementation of an earlier court ruling in favor of Ukrainian gas company "Naftogaz" against Russia's "Gazprom." Naftogaz had been attempting to recoup $2.6 billion in damages from Gazprom awarded in the original ruling by freezing the Russian company's assets.