The summit reflected growing urgency in CEE ahead of the NATO meeting in The Hague scheduled from June 24-26. NATO Secretary General Mark Rutte said the meeting in The Hague would demonstrate the alliance’s commitment to collective defence.c
Romania’s appeal for Polish investors includes its EU membership, consumer base, and steady economic growth, according to analysts.
The meeting took place despite an active arrest warrant issued in March by Bosnia and Herzegovina’s (BiH) state court, following Dodik’s February conviction for defying rulings by the international envoy overseeing the 1995 Dayton Peace Agreement.
The Som-8 well is Hungary’s first meaningful local oil addition since 2019. National demand averaged 167,000 bpd in 2024, while domestic crude output stood closer to 23,000 bpd, according to industry data.
“If Ukraine falls, Lithuania is next. That’s not speculative. It’s consistent with everything Putin has said and done,” Petraeus said.
While Romania, Bulgaria and Serbia continue to attract foreign capital, structural delays in electrification and infrastructure risk diminishing long-term value, according to the International Trade Centre (ITC) Trade Map.
The result will extend Law and Justice (PiS) party influence over the presidency and its continued obstruction of the "big tent" pro-EU governing Civic Coalition (KO) led by Polish Prime Minister Donald Tusk.
China's trade with Central and Eastern Europe (CEE) reached USD 142.3bn in 2024, marking a 6.3% year-on-year increase, surpassing China's overall foreign trade growth rate by 2.5 percentage points, according to China's General Administration of Customs. The total marked a 4.
Nominal minimum wages in Romania and Bulgaria have more than doubled in the last decade, with the sharpest growth before 2020. Czechia and Slovakia now apply EU-aligned benchmarks for annual adjustments.
Rail Baltica has faced repeated delays, cost inflation and uneven progress across national segments.
Hungary and Slovakia have emerged as the most vocal opponents of two of the EU’s most consequential reform proposals: plans to phase out Russian energy imports and to overhaul the bloc’s long-term budget to prioritise defence, climate and digital transition. EU mulls ban of new Russian energy contracts
Centrist Warsaw Mayor Rafal Trzaskowski narrowly won in the first round of Poland’s presidential election, setting up a closely contested runoff on 1 June. With 99.75% of votes counted, Trzaskowski, backed by Polish Prime Minister Donald Tusk’s centrist Civic Coalition (KO) secured 31.3% on 18 May
Hungarian Prime Minister Viktor Orban's ruling Fidesz party submitted on Tuesday, 13 May a bill that would allow the government to monitor, penalise and potentially ban organisations receiving foreign funding and categorised as threats to national sovereignty. The draft law would expand the powers of the Sovereignty Protection
Independent pro-EU candidate Nicusor Dan won Romania’s presidential election on Sunday, 18 May, defeating far-right challenger George Simion in a runoff vote. The result represents a holding of the political centre after months of polarised campaigning, easing tensions in Brussels and Central and Eastern Europe (CEE). Dan secured 53.
Chinese electric vehicle (EV) manufacturer BYD on 15 May signed an agreement with the Hungarian government to relocate its European headquarters to Budapest's 11th District, alongside two major research and development projects. The announcement marks the latest phase in BYD's European expansion. Hungary's government