CEE baseload electricity prices off the scale
Wholesale electricity prices reached all-time highs in Europe in the third quarter of 2021, spiking by 211% year-on-year, the European Commission...
Orban, Putin to discuss gas, nuclear, vaccines, ever-closer ties, in Moscow next month
Hungarian Prime Minister Viktor Orban will visit Moscow on 1 February to discuss Rosatom’s expansion of Hungary’s sole nuclear power station...
EU hails digital act as global model
MEPs voted through the Digital Services Act (DSA) in a plenary vote at the European Parliament on Thursday afternoon. The DSA...
Estonia rues EU energy trades, mulls nuclear
The EU’s CO2 trading mechanism is a“roller-coaster” and fixed-price contracts would stabilise the situation and offer better conditions to electricity sellers,...
Baltic countries CEE’s inflation hot spots
Price rises in Central and Eastern Europe (CEE) countries were mostly above the Eurozone average of 4.9% in November, as inflation...
EIB halts Hungarian govt’s Budapest Airport plans, due to dearth of impact studies
The European Investment Bank (EIB) has suspended a EUR 200 million credit line towards the expansion of Hungary's Budapest Liszt Ferenc...
Voters in Serbia back judicial system reform
Serbia moved a small step closer to EU membership on Sunday when 60.5% of its voters cast their ballot in favour...
Poland top CEE country on university research grant list
Universities in Poland, Austria, Czechia, Slovenia and Lithuania will all run projects under the EU’s new research and innovation programme which...
Fiala gets thumbs-up, vows to back EU
The liberal-conservative cabinet of Czech Prime Minister Petr Fiala was approved by a majority of MPs in a confidence vote that...
Croatia tops aviation upturn list – Eurostat
European commercial aviation enjoyed an upturn last month, as the number of flights in the EU climbed 130% year-on-year. While the...
Sell-offs pave way for new Polish energy giant
Polish oil and gas firm PKN Orlen will sell refinery assets to Saudi Aramco and swap petrol stations with Hungarian energy...
Poland balks at cost of EU’s green target
The “Fit for 55” plan to further slash CO2 emissions may cost Poland around EUR 190 billion, according to analysts at...
Taiwan to loan Lithuania USD 1bn
Taiwan will extend a USD 1 billion credit line to Lithuania as a gesture of solidarity with the Baltic country, and...
Hungary to go to the polls early April
Hungary will hold an election on April 3 when nationalist Prime Minister Viktor Orban will compete with an opposition alliance fronted...
Rule of law in Western Balkans not improving despite EUR 700m in EU funds
EUR 700 million spent on developing the rule of law in the Western Balkans has failed to deliver tangible results, according...
Czechia commits to 2033 coal phase-out
Czechia will stop burning coal by 2033, five years earlier than previously planned, the country's incoming governing coalition revealed in its...
EC okays Hungary funding Korean plant
The European Commission (EC) has greenlit Hungary extending EUR 24 million in state aid towards the expansion of a South Korean...
Polish envoy to Prague to lose post over comments on controversial lignite mine
Poland is recalling its new ambassador to Czechia after he said the countries’ tensions are due to “a lack of empathy,...
Taiwan to invest USD 200m in Lithuania
Taiwan will set up a USD 200 million investment fund for Lithuania to offset economic pressure from China, it announced Thursday....
EU to help Moldova pay bills with EUR 150m aid
Aspirant EU-member Moldova could receive EUR 150 million from the bloc after the European Commission approved funding on Tuesday. The EU...