CET Editor

Orban slams EU for withholding funds for Hungary, Poland

Hungarian Prime Minister Viktor Orban criticized the EU for imposing new sanctions instead of providing assistance and for depriving Hungary…

2 years ago

Pavel not hopeful on Ukraine victory this year

Ukrainian President Volodymyr Zelenskyy urged the Western world to send more help when he opened the Munich Security Conference (MSC)…

2 years ago

EU goes legal with Poland over rule of law

The European Commission (EC) has referred Poland to the Court of Justice of the European Union (CJEU) for violating EU…

2 years ago

Moldova closes airspace, accuses Russia of coup plot

Moldova shut down its airspace for three hours on Tuesday, 14 February, one day after the country’s head of state…

2 years ago

Hungarian ‘megabank’ gets green light

A new Hungarian bank is set to emerge from the merger of MKB Bank and Takarekbank as overseen by Magyar…

2 years ago

Moldovan defence advisor set to become PM

Dorin Recean, a pro-Western defence expert and former interior minister, is expected to become Moldova's new prime minister after receiving Parliament's approval…

2 years ago

Joint letter says Russian assets should rebuild Ukraine

Leaders from the Baltic nations and Poland have called for the utilization of approximately EUR 300bn worth of assets from…

2 years ago

US okays massive arms deal with Poland

The Polish government received approval from the US State Department for a potential USD 10bn weapons deal aimed at modernising…

2 years ago

EU widens embargo on Russian diesel, oil

The European Union expanded its ban on Russian diesel fuel and refined oil products with immediate effect on Sunday 5…

2 years ago

Hungary bails out steelmaker Dunaferr

Hungarian Prime Minister Viktor Orban met with a working group aiming to save the indebted steel company Dunaferr on Wednesday,…

2 years ago

OTP snaps up Slovene bank, plans merger to create market leader

OTP Bank has been cleared by Slovenian Competition Protection Agency (AVK) to acquire Nova Kreditna Banka Maribor (NKBM), Slovenia's second…

2 years ago

Estonia tops TI’s Corruption Perceptions Index in CEE, Hungary bottom

So often the exemplar in Central and Eastern Europe (CEE), Estonia has been named the region’s most transparent country in…

2 years ago

Pavel calls for unity after landslide in Czech presidential elections

Retired General Petr Pavel, a former senior NATO commander, won the Czech presidency in a record-breaking victory over former prime…

2 years ago

Credit rating agencies Fitch, S&P, demote Hungary

Standard & Poor’s (S&P) downgraded Hungary's credit rating by one step to the lowest investment grade of BBB- on Friday,…

2 years ago

EC approves huge stimulus package for West Balkan renewable energy, competitiveness, digital

The European Commission (EC) on Wednesday endorsed a package of 24 guarantee programmes worth EUR 2.4bn to support investments in…

2 years ago

CEE countries ask EU to fund Azeri gas pipelines

Romania, Bulgaria, Hungary and Slovakia have jointly requested EU funding to develop the necessary infrastructure to support increased gas supplies…

2 years ago

Bulgaria faces fifth election in two years, as pro-Kremlin Socialists fail to form gov’t

Bulgaria is preparing for a new general election in the spring, following the failure of the country's Socialist Party to…

2 years ago

CEE plans thousands of miles of high-speed rail

Railway infrastructure managers from Czechia, Poland and the Baltics signed a memorandum of understanding (MOU) in connection with building almost…

2 years ago

Estonia top for digital banking usage in 2022, while Romania lags – Eurostat report

More people in Estonia use online banking services than anywhere else in Central and Eastern Europe (CEE), according to a…

2 years ago

Bulgaria, Greece could revive 1990s pipeline project – this time without Russia

A memorandum of understanding (MOU) for the oil pipeline project between Alexandroupolis, east Greece, and Burgas, east Bulgaria, will be signed…

2 years ago