Economy
Poland set to receive huge windfall as EU initiates dropping of Article 7 procedure
The EU will close its Article 7 procedure over democratic backsliding against Poland that was initiated in 2017 against the…
Romania overtakes Hungary on PPP
Romanians have been consuming more than Hungarians, Budapest-based business website Portfolio writes, and now it has become clear why: wages…
IMF report shows CEE catching up on southern European neighbours
Per capita income in Slovenia will surpass that of Italy by 2029 when adjusted for purchasing power (PPP), according to…
Hungary to ink at least 16 deals with China – FM
Chinese President Xi Jinping will commence a three-day visit to Hungary from Wednesday, 8 May, having arrived in France on…
CEE countries register EU’s highest, lowest inflation
Lithuania had the lowest annual inflation rate of 0.4% in the EU in March 2024, EU official statistics office Eurostat…
Chinese leader visits Hungary, Serbia in May
Chinese President Xi Jinping will visit Budapest, Hungary and Belgrade, Serbia, at the beginning of May. After a trip to France from…
Romania moves to combat loss of southern arable land – Environment Minister
Romanian Minister of Environment, Waters and Forests Mircea Fechet warned of the need for action as rising temperatures continue to…
Romania earmarks EUR 400mn for SMEs
A total of EUR 400mn will be available to Romanian short- and medium-sized enterprises (SMEs) from 1 April, as the…
Bosnian accession on EU agenda next week
The EU will recommend that member states open accession negotiations with Bosnia-Herzegovina (BiH), a candidate for membership since 2022, European…
Romania rated BBB- by Fitch
The rating for Romania's long-term foreign currency debts is BBB- with a stable outlook, Fitch announced. According to the rating…