Lithuanian FM opens up to The Spectator, as country strengthens security, trade with UK

Lithuania allowing Taiwan to open a ‘Taiwanese Representative Office’ in its capital Vilnius “gave China reason to go all-out against us”, Lithuanian Foreign Minister Gabrielius Landsbergis says in an interview with the right-wing UK magazine The Spectator. Beijing withdrew its ambassador and blocked imports from Lithuania, deleting it from its

Baltic countries see rocketing inflation as Eurozone hits all-time high

Inflation was highest in Estonia amongst the Eurozone countries in May, according to a Eurostat report that estimated 20.1% year-on-year for the Baltic country. Inflation climbed from 11.6% in Estonia in February, up from 14.8% in March and 19.1% in April. As numbers diverged wildly across

While Slovakia cuts Russian gas, Serbia agrees 'extremely favourable' deal with Putin

As Europe attempts a highly complicated manoeuvre to phase out Russian energy, two countries in Central and Eastern Europe (CEE) are taking very different roads.  While EU member Slovakia is signing supply contracts for liquefied natural gas (LNG) from northern Europe, accession candidate Serbia has agreed a medium-term gas deal

Renewable energy mid-term answer to soaring inflation – Berlin institute

Fossil fuel prices in Europe have increased notably since the onset of Russia’s invasion of Ukraine, the Mercator Research Institute (MCC) writes in its new report. Higher prices affect households across EU countries differently, it adds. Financial impacts would constitute average additional ‘overnight’ costs for households of more than

CEE states urge EU to rebuild Ukraine with seized Russian assets

In a letter to be sent to EU finance ministers, Slovakia, Lithuania, Latvia and Estonia jointly call for frozen Russian assets to be used towards the reconstruction of Ukraine in the aftermath of its invasion by Russia. The letter written by the four Central and Eastern European (CEE) countries, seen