CET Editor

Forint slumps to all-time lows against euro, dollar

As national currencies shed value across Central and Eastern Europe (CEE) on Thursday, the Hungarian forint fell hardest, to historic…

3 years ago

Poland opens Baltic Pipe, as other pipelines wrecked in dramatic day for CEE energy

Polish officials symbolically commissioned the Baltic Pipe natural gas pipeline with Norway on Tuesday, a day that turned out to…

3 years ago

VW floats idea of CEE exit

German carmaker Volkswagen (VW) may close its plants in Central and Eastern Europe (CEE) if the natural gas shortage persists…

3 years ago

‘The Chinese always have a multi-layered approach’ – CEPA expert Tamas Matura talks China in CEE with CET

Hungarian Sinologist Tamas Matura argued in his recent report for CEPA that China wields little influence in Hungary, despite the…

3 years ago

Onsemi invests USD 450mn in semi-conductor foundry in Czechia

Onsemi inaugurated the expansion of its silicon carbide (SiC) semiconductor fabrication plant in Roznov, east Czechia, on Wednesday. The USD…

3 years ago

Slovenia agrees on EUR 3.26bn funding strategy with European Commission

Slovenia will receive 3.26 billion euros in EU funding via a partnership agreement, the details of which it finalised with…

3 years ago

EC backs withholding EUR 7.5bn from Hungary

The European Commission (EC) recommended the rescinding of 7.5 billion euros worth of cohesion funds from Hungary on Sunday, unless…

3 years ago

Polish energy giant PKN Orlen mulls purchase of German refinery

Polish refiner PKN Orlen is considering buying a majority stake in the PCK Schwedt refinery in north-east Germany, which until…

3 years ago

As Ryanair suspends CEE flight routes, Aeroexpress mulls new services

Ryanair CEO Michael O'Leary said his budget airline has no plans to withdraw from Hungary but will cease some services…

3 years ago

MEPs to vote on rule of law in Hungary, as EC mulls next move on suspended funds

As the September 21 deadline approaches, leaders in Brussels are split on whether to finally unlock billions of euros that…

3 years ago

Baltic countries to fully ban entry for Russian citizens, while EU plans major restrictions

Lithuania, Latvia and Estonia are finalising coordinated agreements on restricting entry for the Russian citizens with Schengen visas, the three…

3 years ago

Hungary to call for removal of Russian oligarchs from EU sanctions list – report

Hungary will not agree to the extension of EU sanctions against Russia unless visa bans and asset freezes against three…

3 years ago

V4 countries cast net wide for gas supplies

Czech Prime Minister Petr Fiala will travel to the Netherlands this week to open a new terminal, according to an…

3 years ago

Ukraine, Kosovo, security on agenda at Open Balkan summit

European Commissioner Oliver Varhelyi said the EU’s EUR 29bn investment package for the Western Balkans “has the potential to transform…

3 years ago

Croatian authorities launch probe into massive gas-resale scam at INA

A total of five individuals including a top Croatian lawyer and an executive at energy firm INA have been charged…

3 years ago

Hungary to push on with Paks II project, as nuclear agency issues partial construction permit

Hungary's National Atomic Energy Authority (OAH) has granted a partial licence in connection with the expansion of the country's only…

3 years ago

Bulgaria wavers on pivot back to Russian energy

Bulgaria has resumed discussions with Russian state energy company Gazprom regarding the country's natural gas supplies, interim Energy Minister Rossen…

3 years ago

Hungary makes giant bid to buy Vodafone

Vodafone Group has agreed to sell its Hungarian subsidiary to the Hungarian state and government-affiliated systems integrator 4iG for HUF…

3 years ago

EU member states split over strictness of visa policy for Russians – CET analysis

After months of deliberation, Estonia banned Russian citizens with tourist visas from entering its territory on Thursday, effective as of…

3 years ago

Albania, North Macedonia open talks to join EU

North Macedonia and Albania nominally began their EU accession negotiations in Brussels on Tuesday, with detailed discussions slated to begin…

3 years ago