Romania loosens surplus tax on OMV Petrom

2 years ago

Romanian President Klaus Iohannis promulgated the revised law that lays down a "solidarity contribution" from the “excessive profits” of energy…

Falling energy prices hit MOL’s Q1 figures

2 years ago

Sharply falling energy prices are good news for the population and almost all market segments and the population alike, but…

Czech govt unveils austerity package

2 years ago

The Czech government announced "Czechia in Shape", a new tax package to reduce the state budget deficit on Thursday 11…

Poland’s Orlen losing millions over Russian oil ban

2 years ago

Poland's state-controlled oil company, PKN Orlen, is facing significant losses due to the EU banning Russian crude oil. The company…

EUR 1bn earmarked for Ukraine as EU raises ‘peace facility’ funding limit

2 years ago

The Council of the European Union will send another EUR 1bn in support for ammunition and missiles for Ukraine as…

Hungary gov’t reacts to shrinking retail sector with compulsory price cuts

2 years ago

The purchasing power of salaries in Hungary is falling due to record-high inflation, local business outlet Portfolio reported, citing the…

EU law will fast-track arms making in Europe, von der Leyen announces in Prague

2 years ago

The European Commission (EC) will propose a law to speed up weapons production in Europe, EC President Ursula von der…

Poland to buy UK defence export system after inking all-time record deal

2 years ago

Poland has signed with the UK a GBP 1.9bn export agreement to roll out a British short-range air defence system,…

Czechia, Hungary, Estonia top for employment in CEE – Eurostat report

2 years ago

Estonia had the highest employment rate in Central and Eastern Europe (CEE) of 81.9% in 2022, according to the recently…

EON Polska earmarked 33bn war chest for green projects by 2027 – company president

2 years ago

"There will be more and more renewable energy in Poland and other European countries," E.ON Polska president Andrzej Modzelewski said…