First they laughed off George Simion as a fringe agitator. Now, with a commanding first-round lead behind him, the ultranationalist is one step away from Romania’s presidency. His opponent on 18 May, Bucharest Mayor Nicusor Dan, is racing to unite the fractured political centre to stop him. Romania'
Hungary currently leads the world for share of solar energy in its energy mix, as it generated a quarter of its domestic electricity from photovoltaic panels in 2024. However, the recent massive blackout in Spain and Portugal served as a reminder of the challenges involved with high reliance on renewable
The EU’s internal market is still falling short of its founding promise. Despite decades of integration, consumers across member states face uneven product quality and varied prices. This is due to regulatory fragmentation in two main forms: Territorial Supply Constraints and gold-plating. TSCs occur when suppliers block cross-border sourcing
Romania will hold fresh presidential elections on 4 May, after its Constitutional Court annulled November's vote, citing Russian interference. However, the decision to disqualify nationalist frontrunner Calin Georgescu has seemingly propelled far-right leader George Simion into a commanding position, fuelling concerns about the direction of Romanian democracy. Generational
European leaders met in Brussels on 20 March to confront a mounting policy dilemma: how to balance rearmament, the green transition, and economic competitiveness. The discussions come amid slowing growth, high energy costs, and growing strategic insecurity — all while EU fiscal rules remain in place. At the heart of the
As Belgium assumed the EU presidency on 1 January, with a rallying cry of “Protect, Strengthen, Prepare”, Belgian Prime Minister Alexander de Croo’s said he is charting the course for a united and resilient Europe. His cautious and diplomatic approach was evident at the launch event of his six-month
With energy-intensive industries to sustain, Central and Eastern Europe (CEE) is turning to nuclear power to simultaneously meet energy needs and climate targets. Nuclear looks set to be around 50% of the energy mix of several CEE countries within years. The war in Ukraine transformed Europe’s energy landscape, and
The EU’s mooted ‘critical raw materials (CRM) law’ would strengthen the EU’s autonomy by reducing its reliance on third countries for the supply of essential minerals for green energy and modern industry. Proposed recently by the European Commission (EC), the legislation would mean the reopening of mines earlier
Geopolitics is leaving its mark on the arms race in Central and Eastern Europe (CEE). Countries are drifting further away from the concept of a united European armed force amid shifting geopolitical realities, mistrust and the revival of long-standing historical alliances. The rearmament of Europe lurched back onto the global
As the EU accelerates its shift to electric vehicles by outlawing internal combustion engines by 2035, the auto industries in Central Europe are transiting to e-mobility. Battery plants can play a key role in the absorption of manpower as conventional car making is phased out, while pulling in new electronic
Hungary’s currency, the forint, has in recent weeks plumbed all-time lows against the euro. Although currencies are dropping across Central and Eastern Europe (CEE) due to the war in Ukraine and its resultant sanctions, the forint’s fall has been the region’s most precipitous. The fall of the
The Hungarian government said on Monday that it will pass a parliamentary resolution condemning EU criticism of its refusal to participate in the plan to introduce a global minimum tax rate of 15%. The measure, which aims to create a global tax floor for multinational corporations, is backed both by
The US can do without Russian oil, but has been reluctant to give up on its metals. Sanctions against Russian aluminium lasted less than a year before being lifted, due to their impact on US producers. Russian oil and gas have been high on the agenda of late, but Russia
Mutually beneficial business relations were meant to cement cooperation and peace in Europe after WWII. This post-world war global order is now in danger of falling apart, as sanctions against Russia are extended to technology, industry and agriculture, finances and energy. How did the road to globalism begin five decades
While the Hungarian forint was hardest hit, all the currencies of the Central and Eastern Europe (CEE) region are suffering adverse effects as a result of the war in Ukraine. Proximity to the war zone, dependence on Russian gas and the impact of EU sanctions combined to commence the CEE