Central European Times

Central European Times

Romania to host Ukrainian pilot training

Romania to host Ukrainian pilot training

Romanian President Klaus Iohannis has approved the transit of Finnish equipment and supplies to Ukraine as well as the relevant training of around 50 Ukrainian pilots, the Romanian parliamentary press service announced on Monday, 18 March. The training of the pilots will take place in the second half of the

Romania earmarks EUR 400mn for SMEs

Romania earmarks EUR 400mn for SMEs

A total of EUR 400mn will be available to Romanian short- and medium-sized enterprises (SMEs) from 1 April, as the Start-Up Nation financing line enters a new phase thanks to an agreement with the European Commission (EC), Romanian European Investments and Projects Minister Adrian Caciu announced, news.ro reports.  “After

Czechia mulls nuclear reactors, coal phase-out

Czechia mulls nuclear reactors, coal phase-out

Czech Prime Minister Petr Fiala’s incumbent administration will decide to build at least two new nuclear power units in Czechia, Industry and Trade Minister Jozef Sikela said in an interview with left-wing daily Pravo.  The offers Czechia has received indicate that it would be prudent to construct two or

Thousands protest Fico's media law in Slovakia

Thousands protest Fico's media law in Slovakia

Thousands protested at Freedom Square, Bratislava, over Slovak Prime Minister Robert Fico’s plan to overhaul the country’s state media, on Friday, 15 March. According to the plan, state media body Radio and Television of Slovakia (RTVS) would be scrapped and a seven-member government-nominated council could hire and fire

Romania, Poland lead EU for female STEM grads

Romania, Poland lead EU for female STEM grads

2 min read Poland, Romania, education, STEM

The highest shares of women tertiary education graduates in the scientific STEM subjects were recorded in Romania (42.5%) and Poland (41.5%), according to new data released by the EU official statistics office Eurostat on International Women’s Day on 8 March. STEM subjects include engineering, natural sciences, mathematics

Czech firm Europe's fastest growing

Czech firm Europe's fastest growing

Czech photovoltaic distributor Raylyst Solar is the most rapidly growing company in Europe, according to the latest rankings by UK daily the Financial Times and German data platform Statista. Czech entrepreneur Jan Kamenicek founded Raylyst in 2018, and the company now delivers photovoltaic panels in Czechia, Germany, Slovakia, Italy and

Romania rated BBB- by Fitch

Romania rated BBB- by Fitch

2 min read Economy, Romania, Fitch

The rating for Romania’s long-term foreign currency debts is BBB- with a stable outlook, Fitch announced. According to the rating agency, the rating is due to Romania’s EU membership and associated capital inflows to support revenue convergence, external finances and macroeconomic stability.  GDP per capita and human development

Hungary oks Swedish NATO bid after PM visit

Hungary oks Swedish NATO bid after PM visit

Hungarian MPs approved a proposal on ratifying Sweden’s accession to NATO with 188 in favour and 6 dissenting votes, on Monday, 26 February. Hungary was the last member of the defence alliance to vote through Sweden’s membership. NATO Secretary General Jens Stoltenberg tweeted “I welcome the Hungarian parliament’

V4 leaders agree on energy, immigration, but Russia remains elephant in room

V4 leaders agree on energy, immigration, but Russia remains elephant in room

The prime ministers of the Visegrad Four (V4) countries met in Prague, Czechia, for the first time in eight months, on Tuesday, 27 February.  Created back in 1991, the V4 comprises around 65mn EU citizens, but for the last two years differences of opinion about Russia’s invasion of Ukraine

Hungary gov't to vote through judge as president

Hungary gov't to vote through judge as president

Hungarian Prime Minister Viktor Orban, in damage limitation mode after recent scandals and mass anti-government protests in Budapest, has proposed that Constitutional Court President Tamas Sulyok succeed Katalin Novak as head of state.  Caucus leader for Orban’s Fidesz party Mate Kocsis said Thursday that the Hungarian premier had personally