Economy

Russia-EU trade hit by invasion – Eurostat

The EU's official statistics office Eurostat details the effects of the bloc's sanctions and trade restrictions regarding Russia in the…

2 years ago

EU youth unemployment lowest since 2009

Only 4.48 million EU citizens aged 15 to 29 found themselves unemployed last year, according to the latest data from…

2 years ago

Economist becomes Slovakia’s first Hungarian-minority PM

Former Slovak Central Bank (NBS) deputy governor Ludovit Odor was sworn in as the country’s interim prime minister this week.…

2 years ago

Falling energy prices hit MOL’s Q1 figures

Sharply falling energy prices are good news for the population and almost all market segments and the population alike, but…

2 years ago

Czech govt unveils austerity package

The Czech government announced "Czechia in Shape", a new tax package to reduce the state budget deficit on Thursday 11…

2 years ago

EUR 1bn earmarked for Ukraine as EU raises ‘peace facility’ funding limit

The Council of the European Union will send another EUR 1bn in support for ammunition and missiles for Ukraine as…

2 years ago

Hungary gov’t reacts to shrinking retail sector with compulsory price cuts

The purchasing power of salaries in Hungary is falling due to record-high inflation, local business outlet Portfolio reported, citing the…

2 years ago

Czechia, Hungary, Estonia top for employment in CEE – Eurostat report

Estonia had the highest employment rate in Central and Eastern Europe (CEE) of 81.9% in 2022, according to the recently…

2 years ago

Pavel wants Czechs to play key role in Western response to resurgent China

Czech President Petr Pavel called for a "joint and balanced" strategy between the US, Europe, and other democracies to address…

2 years ago

EU plan to source local raw materials will boost mining, battery industries in CEE – CET analysis

The EU’s mooted 'critical raw materials (CRM) law' would strengthen the EU’s autonomy by reducing its reliance on third countries…

2 years ago