Dan Nolan

Growth in CEE to slow to 3.5% – World Bank

The war in Ukraine is set to inflict twice the amount of economic damage that the COVID-19 pandemic did, the…

3 years ago

Hungarian gov’t-friendly firm buys Sberbank share in Croatia’s Fortenova

Russia's Sberbank has sold its 43% stake in Fortenova to Hungarian-US investment fund Indotek Group, Croatian daily Jutarnji List reported.…

3 years ago

EU bans Russian ships from Europe’s ports

The EU banned Russian seafaring vessels from entering European ports, as it approved its fifth tranche of sanctions against Russia…

3 years ago

Orban won by a landslide, but Hungary’s economy is sliding too

The Hungarian Ministry of Finance took the unusual step of issuing a public statement aimed at international investors on Friday.…

3 years ago

Russian firms flock to Serbia post-invasion

Nearly 300 Russian companies and nationals have been registered in Serbia since Russia launched its invasion of Ukraine on 24…

3 years ago

Nuclear plant expansion is on, Hungary PM says, as FM calls sector sanctions ‘a red line’

The EUR 12.5 bn expansion of Hungary’s only nuclear power plant at Paks remains viable, Hungarian Prime Minister Viktor Orban…

3 years ago

Hungary’s Tungsram needs gov’t bailout

The chairman-CEO of one of Hungary’s oldest and best known companies, historic light bulb maker Tungsram, appealed to the government…

3 years ago

Deutsche Bank CEO opposes Germany decoupling from Russian energy

Deutsche Bank CEO Christian Sewin said on Monday that a significant recession in Germany would be "almost inevitable” if imports…

3 years ago

Poland, Baltics to close off roads to Russia, Belarus, Ukraine deputy minister claims

Reading Time: 2 minutes The Ukraine government wants Poland and the Baltic states to fast-track the closure of land routes…

3 years ago

Orbán wins big in Hungarian election

Hungarian Prime Minister Viktor Orbán secured his fourth consecutive term with a landslide victory in Hungary's national elections on Sunday. …

3 years ago

Austria delays mandatory vaccine scheme

Austria will delay its controversial mandatory vaccination programme by two months until April for technical reasons, electronic health record office…

3 years ago

Novak to be Hungary’s first female head of state

Hungarian Family Minister Katalin Novak accepted ruling Fidesz’s nomination for her to become president of Hungary on Tuesday. Novak, 44,…

3 years ago

EU approves fifth anti-COVID vaccine

The European Commission (EC) granted conditional marketing authorisation (CMA) for the Nuvaxovid jab on Monday after it was greenlit by…

3 years ago

Bulgaria tops EU’s agro-efficiency index

Bulgaria had a 32.9% increase in agricultural labour productivity (ALP) in 2021, the highest rise registered in Europe, according to…

3 years ago

Chinese cash abounds in Balkans – report

The Balkans region of south-east Europe has attracted at least 135 China-linked projects worth at least EUR 32 billion in…

3 years ago

‘Harvard Boys’ promise new Bulgarian era

“I am convinced that Bulgaria will be a totally different place four years from now,” Kiril Petkov pledged on Monday,…

3 years ago

Slovakia has CEE’s smallest wealth gap

Slovakia has by far the lowest wealth inequality in Central and Eastern Europe (CEE), with a Gini score of 50.3,…

3 years ago

North Macedonia set for new PM once Zaev holds talks with incoming Bulgarian gov’t

Dimitar Kovachevski is set to become North Macedonia’s next prime minister after the ruling SDSM party voted him as its…

3 years ago

Macron highlights CEE media, migration and rule of law in pre-EU presidency speech

Eastern Europe will be high on the agenda during France's six-month EU rotating presidency tenure which will commence in under…

3 years ago

Czech president stalls naming of foreign minister

Czechia's Pirate Party candidate for foreign minister Jan Lipavsky met President Milos Zeman, who reportedly opposes his appointment, on Tuesday…

3 years ago