Central European Times

Central European Times

CEE startups outpace Western Europe rivals

CEE startups outpace Western Europe rivals

Startups in Central and Eastern Europe (CEE) are growing faster than in Western Europe and the CEE startup ecosystem is now worth EUR 243bn, according to the CEE Startups 2025 report. While funding and valuations have surged in recent years, structural challenges remain, including geographic fragmentation, uneven investor coverage, and

Gender pay gaps remain in CEE, despite EU efforts

Gender pay gaps remain in CEE, despite EU efforts

Romania and Poland have gender pay disparities among the lowest in the EU, according to Eurostat data published this month. In Central and Eastern Europe (CEE), Romania and Poland recorded the smallest gender pay gaps in 2023, at 3.6% and 4.5% respectively — both well below the EU average

'We always choose the best and fastest method for acquiring ammunition' - Estonia defends policy

'We always choose the best and fastest method for acquiring ammunition' - Estonia defends policy

Estonian Defence Minister Hanno Pevkur pushed back on Tuesday against criticism of the country’s joint ammunition procurement strategy, defending multilateral arrangements as the most efficient way to ensure quick and cost-effective delivery. Pevkur, a member of the Reform Party, rejected claims that Estonia would have received munitions faster through

EU probes Hungarian subsidies to BYD under new foreign subsidies rules

EU probes Hungarian subsidies to BYD under new foreign subsidies rules

The European Commission (EC) has launched an inquiry into state support provided by Hungary to Chinese electric vehicle (EV) manufacturer BYD, as part of a broader investigation into foreign subsidies distorting competition in the EU. The preliminary probe, initiated on 19 March 2025, comes under the EU’s Foreign Subsidies

Poland, Czechia back 'coalition of the willing', Hungary, Slovakia align with Trump

Poland, Czechia back 'coalition of the willing', Hungary, Slovakia align with Trump

As political landscapes shift across Central and Eastern Europe (CEE), governments are recalibrating their approaches to Ukraine, European security, and internal governance. The region remains split between pro-European integration and nationalist, often pro-Kremlin, forces: Czechia and Poland reinforce their commitments to Ukraine, while Hungary and Slovakia align with Moscow. Meanwhile,

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