Central European Times

Central European Times

CEE to get four AI factories under EU initiative

CEE to get four AI factories under EU initiative

Central and Eastern Europe (CEE) is set to play a key role in the EU’s push to establish itself as a global leader in artificial intelligence under the new funding initiative Invest AI. European Commission (EC) President Ursula von der Leyen announced the plan at the AI Action Summit

Microsoft, Google invest big in Polish cloud, AI infrastructure, skilling, cybersecurity

Microsoft, Google invest big in Polish cloud, AI infrastructure, skilling, cybersecurity

Poland is rapidly emerging as a key hub for technological innovation and investment in Central and Eastern Europe (CEE), attracting major commitments from global tech companies such as Microsoft and Google. Microsoft has announced an investment of nearly PLN 3bn (around USD 700mn) to strengthen Poland’s cybersecurity infrastructure and

Poland leads CEE's rearmament charge, as Trump cools on NATO

Poland leads CEE's rearmament charge, as Trump cools on NATO

Poland is set to purchase an additional 180 K2 Black Panther main battle tanks for approximately USD 6.2bn (EUR 5.7bn), South Korean government officials announced on 9 March. The proposed agreement could be finalised as soon as next month and follows Poland’s earlier USD 12.4bn deal

Moldova, North Macedonia join harmonised European payments system SEPA

Moldova, North Macedonia join harmonised European payments system SEPA

Moldova and North Macedonia have been approved to join the Single Euro Payments Area (SEPA), marking a significant step in their integration with European financial systems.  The countries will become operational members on October 5, after becoming compliant with SEPA regulations from April, the European Payments Council (EPC) announced on

Romania probes pro-Russian presidential candidate as six arrested for coup plot

Romania probes pro-Russian presidential candidate as six arrested for coup plot

Romanian authorities are investigating far-right, pro-Russian politician Calin Georgescu over allegations of working against the constitutional order, spreading misinformation and supporting extremist organisations. The probe follows the annulment of the 2024 presidential election in which Georgescu secured the most votes in the first round. The vote was invalidated over concerns

Austria coalition ends five months of limbo

Austria coalition ends five months of limbo

Austria’s centre-right People’s Party (OVP), centre-left Social Democrats (SPO) and centrist, liberal NEOs have now finalised a coalition pact after a five-month political impasse and two rounds of failed negotiations. Members of the NEOs voted 94% in favour of a coalition deal on Sunday, 2 March, clearing the

Dodik ban from public office sparks protests in BiH

Dodik ban from public office sparks protests in BiH

Republika Srpska (RS) president Milorad Dodik is once again at the centre of political turmoil in Bosnia and Herzegovina (BiH) after being sentenced to a one-year prison term. The Serb nationalist politician was convicted by a court of first instance for failing to implement decisions made by the Office of

Ukraine, Slovakia ranked most bureaucratic countries

Ukraine, Slovakia ranked most bureaucratic countries

Except for wartorn Ukraine, Slovakia has the most red tape in Central and Eastern Europe (CEE), according to the latest Bureaucracy Index, an annual report by the Institute of Economic and Social Studies (INESS). The Bureaucracy Index measures the time and resources businesses must dedicate to compliance with government regulations.

Trump's verbal attack on Zelenskyy prompts security rethink in CEE

Trump's verbal attack on Zelenskyy prompts security rethink in CEE

The dramatic breakdown of relations between Ukrainian President Volodymyr Zelenskyy, US President Donald Trump and US Vice President JD Vance on Friday, 28 February, is prompting Central and Eastern European (CEE) nations to urgently reassess regional defence strategies. The meeting, streamed from the Oval Office, was ostensibly held to formalise

Zelenskyy gathers support from CEE leaders

Zelenskyy gathers support from CEE leaders

Ukrainian President Volodymyr Zelenskyy called on European leaders to step up their efforts towards peace in Ukraine during a string of high-level phone calls on Friday, 21 February, including several with premiers of Central and Eastern Europe (CEE) countries. Zelenskyy stressed that Europe must act more decisively, in a televised

Pro-Russian protestors set fire to EU office in Sofia, as Bulgaria nears eurozone

Pro-Russian protestors set fire to EU office in Sofia, as Bulgaria nears eurozone

As Bulgaria edges closer to the Eurozone, some 1,000 protestors gathered outside the National Bank headquarters waving banners and placards proclaiming “No to the euro” and “Yes to the Bulgarian lev” in a demonstration organised by the pro-Russian Vazrazhdane (Revival) Party on Saturday, 22 February. The demonstrators later proceeded

Austrian mainstream parties edge towards coalition after attempt of pro-Putin party fails

Austrian mainstream parties edge towards coalition after attempt of pro-Putin party fails

The centre-right People’s Party (OVP) and the centre-left Social Democrats (SPO) are working behind closed doors on a coalition deal that would exclude the far-right, pro-Russia Freedom Party (FPO) from government, after the latter party failed to form a ruling coalition, party officials said on Thursday, 20 February. Austria’