Economy

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

Croatia tops European tourism poll

Croatia had the highest share of tourism in total gross value added (GVA) at 11%, EU statistics office Eurostat finds…

2 years ago

Poland, Hungary halt Ukraine farm imports

Poland and Hungary have temporarily ceased importing Ukrainian grain and other agricultural produce, defying warnings from the EU that unilateral…

2 years ago

Polish PM backs alliance with Romania, Ukraine

Prime Minister Mateusz Morawiecki laid out his hopes to build a new economic community in Central and Eastern Europe (CEE)…

2 years ago

Mixed prospects in region for pay-TV industry, new research finds

The number of pay TV subscribers in Eastern Europe will decline by 8mn from its peak of 81mn in 2018,…

2 years ago

Poland to supply Ukraine with fighter jets

Poland will send Ukraine four MiG-29 fighter jets in the coming days, with more to follow later, according to an…

2 years ago

Inflation swallows up pay hikes in Romania

The average net salary in Romania was RON 4,254 (EUR 864) in January 2023, up 15% year-on-year, but down RON…

2 years ago

Hungarian central bank chief repeats criticisms of Orban’s economic policy

Hungarian National Bank (MNB) Governor Gyorgy Matolcsy has once again harshly criticised Hungarian Prime Minister Viktor Orban’s economic policy, business…

2 years ago

Romanian investments up in 2022 – PM

Net investments in the Romanian economy were 150.1 billion leu (EUR 3.06bn) in 2022, up 8.5% on the previous year,…

2 years ago

VW delays CEE battery plant, as US sweeteners lure firms over the pond

German carmaker Volkwagen (VW) has put on hold its plans to open a battery plant in Central and Eastern Europe (CEE)…

2 years ago