CET Editor

Hungary rocked by presidential resignation

Hungarian President Katalin Novak resigned on live TV on Saturday evening, in connection with her controversial pardon issued last year…

1 year ago

4iG inks deal for cable linking Egypt, Albania

Hungarian-government-linked telco 4iG and Telecom Egypt will jointly construct an express subsea cable between Albania and Egypt. Telecom Egypt is…

1 year ago

CEE trade with Germany slumped in 2023

Germany’s business with Central and Eastern Europe (CEE) fell last year as the value of goods traded with the region’s…

1 year ago

European rail network to connect to Lviv

Ukraine is planned to be added to the Trans-European TEN-T transport corridor, enabling access to the rest of Europe for…

1 year ago

Rheinmetall expands Hungary ammo maker

The expansion plan of the new ammunition plant of Rheinmetall in Varpalota, west Hungary, has been underway since January, the…

1 year ago

Rheinmetall expands CEE presence with majority purchase of Automecanica Medias

German defence industry group Rheinmetall has acquired a 72.5% stake in Automecanica Medias from Romania, estimating that it will have…

1 year ago

Solidarity plans to block Ukraine border stations

Polish farmers from  Solidarity announced Friday that the trade union is planning a blockade of the country’s border crossings with Ukraine…

1 year ago

Czechia, Taiwan ink nanotechnology MOU

Business groups from Czechia and Taiwan signed a memorandum of understanding (MOU) on semiconductor cooperation in Taipei on Thursday, 1…

1 year ago

Orban drops Ukraine aid package veto

Hungarian Prime Minister Viktor Orban agreed to a EUR 50bn, 4-year package for Ukraine on Thursday, 1 February, after vowing…

1 year ago

Romania has overtaken Greece, Hungary – Economy minister underlines EU benefits

Romania has economically surpassed Greece, Hungary and is closing in on Poland, Romanian Economy Minister Stefan Radu Oprea underlined in…

1 year ago

Hungary becomes only hold-out on Swedish NATO accession

Hungarian Prime Minister Viktor Orban has asked his MPs to proceed with Sweden's ratification as NATO member “at the first…

1 year ago

Hungarians increasingly displaced by guest workers – report

Foreign workers are increasingly replacing Hungarians across various sectors due to structural issues within the country’s economy. Government backing of…

1 year ago

Farmers, green activists protest in Lithuania

Tractors and logging lorries flooded central Vilnius last week, as farmers protested a number of national agricultural policies. Local media…

1 year ago

Austria leads CEE for most new cars, Estonia regional laggard

The number of battery-only electric passenger cars in the EU neared 3mn in 2022, up 55% from 1.9mn in 2021,…

1 year ago

Romanian e-vehicle market grew by over one-third in 2023

More than 42,000 electric cars have been registered, so far, in Romania, of which around 16,800 only in 2023, 35%…

1 year ago

Hungary inflation to dip, GDP to rise this year – independent think tank

From Hungary's economic perspective, last year extended the trends observed in 2022, according to independent Hungarian think-tank Policy Solutions's annual…

1 year ago

Slovak u-turn: Fico gov’t set to allow Ukraine arms sales

Slovak Prime Minister Robert Fico appeared to renege on his election promise to not send “another bullet” to Ukraine on Tuesday,…

1 year ago

PiS-linked foundations shun Polish expenses audit

Companies and foundations that held close ties to the right-wing populist and national-conservative Law and Justice party (PiS) government that…

1 year ago

Orban EU presidency already dividing opinion – Hungary PM wants to ‘take over’ EU, MEPs sceptical of his ability to lead bloc

Hungary will hold the rotating presidency of the Council of the EU in the second half of 2024, putting Hungarian…

1 year ago

Fast rail link to Romania’s busiest airport to open in March

New train services will run from March between Ruse, north-east Bulgaria, and Henri Coanda Otopeni International Airport via Giurgiu, south…

1 year ago