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Central European Times
Westinghouse increasingly central to CEE’s shift from Russian nuclear industry

Bulgaria

Westinghouse increasingly central to CEE’s shift from Russian nuclear industry

US nuclear firm Westinghouse Electric Company has signed memorandums of understanding (MOUs) with 17 Bulgarian suppliers to support the construction of two AP1000 reactors at the nuclear power plant in Kozloduy, north Bulgaria, and received a permit to begin transitioning to using fuel it has produced. As well as Bulgaria,

By Central European Times 26 Apr 2024
AI will transform Adriatic economies - Microsoft

Albania

AI will transform Adriatic economies - Microsoft

By 2030 Artificial Intelligence could be contributing as much as 11.5%, or USD 700bn (EUR 6.55bn), to the GDP of Southern Europe, including the Adriatic region, Kalin Dimtchev, country manager for Microsoft Adriatic, said in a recent interview about the AI transformation. Both the public and private sectors

By Central European Times 23 Apr 2024
CEE countries register EU's highest, lowest inflation

Austria

CEE countries register EU's highest, lowest inflation

Lithuania had the lowest annual inflation rate of 0.4% in the EU in March 2024, EU official statistics office Eurostat reports. The EU’s highest inflation rates were also recorded in Central and Eastern Europe (CEE) countries, with the steepest price increases in Romania (6.7%), Croatia (4.9%

By Central European Times 22 Apr 2024
Lithuanians to vote on joint foreign citizenships next month

Lithuania

Lithuanians to vote on joint foreign citizenships next month

Lithuania will hold a constitutional referendum on whether its citizens can hold dual and multiple citizenships on 12 May 2024, in tandem with the first round of its presidential elections. Dual citizenship is mostly banned and around one thousand Lithuanian citizens annually give up their citizenship each year to take

By Central European Times 22 Apr 2024
Ruling HDZ wins, but fails to secure majority, in Croatian election

Croatia

Ruling HDZ wins, but fails to secure majority, in Croatian election

The ruling conservative Croatian Democratic Union (HDZ) won the most seats but failed to secure a simple majority in the snap parliamentary election held on Wednesday, 17 April. The HDZ won 61 seats (down 7) in the 151-member assembly, to 42 (up 22) for the Social Democratic Party-led (SPD) centre-left

By Central European Times 20 Apr 2024
Retail platform sees gap in CEE market

Austria

Retail platform sees gap in CEE market

Shipping label management and payment system Ikas has announced that it will initiate operations in Central and Eastern Europe (CEE), as well as Germany and Switzerland. Ikas CEO Mustafa Namoglu said US tech giants largely overlook CEE and his company will offer SMEs a reliable, user-friendly interface as well as

By Central European Times 14 Apr 2024
Chinese leader visits Hungary, Serbia in May

Economy

Chinese leader visits Hungary, Serbia in May

Chinese President Xi Jinping will visit Budapest, Hungary and Belgrade, Serbia, at the beginning of May. After a trip to France from May 5-7, Xi Jinping will then stop over in Belgrade, before concluding his Europe tour in Budapest, Radio Free Europe (RFE) wrote, citing two independent sources. Orban China’

By Central European Times 14 Apr 2024
NATO bolsters Eastern flank as German troops arrive in Lithuania

Germany

NATO bolsters Eastern flank as German troops arrive in Lithuania

The first German troops of a brigade to be fully deployed as the German Army 45th Brigade Lithuania within 4 years arrived in Lithuania on Monday, 8 April, when Lieutenant General and Bundeswehr chief Alfons Mais visited Vilnius.  Around 5,000 military personnel and civilians will move to Lithuania, including

By Central European Times 14 Apr 2024
All roads lead to Romania, as PM vows motorway to Moldova will open this year

Moldova

All roads lead to Romania, as PM vows motorway to Moldova will open this year

A 147.8km stretch of the A7 motorway between Bucharest and Moldova and north Romania will open this year, Romanian Prime Minister Marcel Ciolacu pledged at the Social Democratic Party (PSD) election conference in Suceava, north-east Romania, on Friday, 12 April. Parliamentary elections are scheduled to be held in Romania

By Central European Times 13 Apr 2024
Fico ally Pellegrini wins presidential vote

Slovakia

Fico ally Pellegrini wins presidential vote

Peter Pellegrini of Slovakia’s nationalist-left ruling coalition beat pro-Western opposition candidate Ivan Korcok by 53.1% to 46.9% in the presidential election on Saturday, 6 April. Turnout was 61.14%, the highest for a presidential election in Slovakia since 1999. Pellegrini, 48, is House speaker and an ally

By Central European Times 08 Apr 2024
PiS places first in Polish local elections as KO fails to deliver knockout blow

Poland

PiS places first in Polish local elections as KO fails to deliver knockout blow

Nationalist opposition party Law and Justice (PiS), toppled last year after eight years in power by Polish Prime Minister Donald Tusk’s Civic Coalition (KO) grouping, came first in the country’s local government elections, an exit poll showed Sunday, 7 April. The election is seen as a bellwether for

By Central European Times 08 Apr 2024
Romania moves to combat loss of southern arable land - Environment Minister

Economy

Romania moves to combat loss of southern arable land - Environment Minister

Romanian Minister of Environment, Waters and Forests Mircea Fechet warned of the need for action as rising temperatures continue to increase the desertification of the country, speaking at the Romanian Business and Investment Roundtable in Bucharest on 5 April “According to our current science, this can only be combated through

By Central European Times 08 Apr 2024
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