Developing trade and economic opportunities is the objective of an official delegation from Taiwan set to visit several countries in Central & Eastern Europe (CEE) this October. According to Taiwan’s Ministry of Foreign Affairs, over several days starting on 20 October a group of over 60 Taiwanese officials and
Start-ups in Central & Eastern Europe (CEE) are just beginning to dip their toes into the “space tech” business, a domain once reserved for governments and one which has high barriers to entry and requires deep know-how, but the region could provide fertile ground for developing a space tech industry.
According to a recent poll conducted by a TV news channel in Poland, 81% of those surveyed believe the country should remain in the European Union, in contrast to sentiments expressed by ruling party politicians. And only 7% of survey participants said they opposed Poland staying in the EU, according
Real wages in the Czech Republic soared by 8.2% year on year in the 2nd quarter, the highest rate on record, helped by bonuses in the health sector and a wage jump across industries after a weak 2nd quarter of 2020 hit by the coronavirus pandemic. The numbers included
As the next wave of the COVID-19 pandemic hits Bulgaria, the government has had to impose tighter restrictions. On Tuesday, the country saw 120 coronavirus deaths and is registering 2000 new cases daily. Restaurants and cafes in Bulgaria are being forced to close by 11pm, their tables limited to six
The Balkan countries are important for Germany – that’s seemingly the reason why German Chancellor Angela Merkel, who’s set to step down from her post following elections this autumn, is taking an extensive “farewell tour,” meeting with leaders from six Balkan states – some of them EU aspirants – in the
In the last three years only, 19,000 deaths have been linked to coal-power plant-related air pollution in the Western Balkans – according to a fresh study co-authored by the CEE Bankwatch Network and the Centre for Research on Energy and Clean Air. The report focuses on how Western Balkan coal
In Slovakia, Tesco is now in the rear mirror for German supermarket chain Lidl, whose profits for 2020 (over EUR 126 million) have exceeded that of the British retailer, which has been the market leader in the country for some time. Lidl overtaking Tesco in Slovakia can be attributed to
The National Recovery Plan of the Czech Republic has been approved this week by EU finance ministers on one condition: that the country address conflict of interest issues involving some high-ranking politicians, in reference to Czech prime minister’s business empire. That means Czechia is set to receive over EUR
By the end of August, EU member Croatia and two of its Southern neighbors down the Adriatic coast, Montenegro and Albania, had happily concluded what was an excellent tourist season for those countries so far this year. Revenues from tourism are giving a significant boost to their economies, much needed
Wizz Air is to require all its flights’ crews to be vaccinated against coronavirus by December 2021. The airline said the decision was taken on health and safety grounds and to ensure the “smooth” operation of services over the long term. It is understood to be the first European carrier
Hungary’s prime minister, Viktor Orbán, allegedly pledged his allegiance to the European Union and admitted that Hungary is not likely to receive EU COVID-19 recovery funding on time at this past weekend’s “Kötcse” political picnic, an annual closed-circle gathering of people close to the government. According to sources
If not partly or fully owned by the state, like utility and oil companies, the largest companies in the Visegrad 4 (“V4”) countries – Czech Republic, Hungary, Poland, and Slovakia – are mostly foreign-owned and typically operate in the automotive, retail and electronics sectors. They are highly productive and prosperous, driving their
The Czech Republic’s Constitutional Court has ruled in favor of the Czech ticket seller Kiwi.com against Ryanair in a dispute over Kiwi’s practices for handling passenger data. The legal win is a boost for the Czech company amid tensions with Ryanair which have seen the carrier threatening
Bulgaria will hold both presidential and snap general elections in November amidst political polarization and uncertainty that are stalling badly needed recovery aid from the European Union. On Thursday, the country’s parliament voted 152-0 with 25 abstentions to schedule the presidential vote on November 14. President Rumen Radev is