FDI paints rosier picture for Poland, Romania – OECD report
Central and Eastern European (CEE) countries are still navigating post-pandemic economic challenges amid newer geopolitical tensions, according to the Economic Outlook...
Economy
Statistics Austria sees prosperity in decline
Austria's economy has contracted for the sixth quarter in a row, and there has been an almost continuous decline in industrial...
Czech ministers consider euro adoption
A new report on the pros and cons of euro adoption from the Czech National Economic Council (NERV) warns that joining...
Forint tumbles after Moody’s downgrade
The Hungarian forint plummeted to a near-historic low against sterling on Monday morning, with a British pound buying HUF 501.5. For...
Central banker proclaims Romania’s ‘economic miracle’
Romania's GDP per capita, measured in purchasing power parity relative to the EU average, has surged from 25% in the early...
Poland world’s biggest gold buyer in Q2, Q3
Poland was the world’s largest gold buyer in the second and third quarters of 2024, and central banks across Central and...
Populist surge in Romanian presidential election sees PM humbled
Romania's presidential election race delivered a shock result on Sunday, 24 November, as far-right, pro-Russia independent Calin Georgescu won the first...
Incoming Lithuanian PM prioritises defence
Lithuania’s new Prime Minister Gintautas Paluckas plans to increase the country's defence spending to 3.5% of GDP in response to security...
Hungary’s energy strategy has left it vulnerable to electricity price speculators – report
Hungary’s electricity market has become a focal point for speculative trading, driven by a combination of renewable energy imbalances and the...
CEE secures EUR 1.4bn in AI funding in 2023-24
Central and Eastern Europe (CEE) is a rising force in artificial intelligence (AI) and startups in the region raised EUR 1.4bn...
EU assesses candidates’ progress in ten country reports
The European Commission (EC) analyses the accession prospects of all ten prospective members of the EU in a new set of...
CEE mulls ramifications of Trump’s victory on trade, defence, environment
As Donald Trump officially declared his victory in the US election, he received congratulations from numerous Central and Eastern Europe (CEE)...
‘Budapest Declaration’ signed as Orban hosts EU summit
European leaders committed to developing a defence industry base and enhancing EU competitiveness at an informal European Council summit in the...
PKN Orlen CEE’s top firm on Coface 500 list
Poland is the dominant country in the Central and Eastern Europe (CEE) business landscape, with 184 companies listed among the region's...
Bulgarian election delivers hung parliament
Bulgarian ex-prime minister Boyko Borissov’s conservative, pro-EU GERB (Citizens for European Development of Bulgaria) party garnered approximately 25% of the votes...
Romania oks EUR 150mn strategic infrastructure investment at Port of Constanta
Romania has approved “technical-economic indicators” for an over RON 750mn (EUR 150.8mn) rail construction project at the country's largest port Constanta,...
CEE sidesteps ‘middle-income trap’ – ING analysis
Central and Eastern Europe (CEE) economies have largely overcome the so-called middle-income trap, but face challenges around sustainable growth and convergence...
China, CEE strengthen strategic ties at summit
The sixth China and Central and Eastern European Countries Local Leaders' Meeting concluded on 16 October with a firm commitment between...
Serbian MPs vote against lithium mining ban, as Rio Tinto project edges closer
Serbian MPs voted down the enactment of a ban on lithium and boron exploration on Thursday, 10 October. An opposition-tabled House...
CEE’s evolving e-commerce landscape
Central and Eastern Europe (CEE) is catching up with Western Europe for e-commerce, but unique regional challenges and opportunities are shaping...