Economy

E-Estonia rakes in tax revenue, ready for revamp

In the first half of 2023, businesses owned by Estonian e-residents contributed EUR 37.7mn in tax revenue, a 57% increase…

2 years ago

Michel to pledge new EU accessions by 2030

European Council President Charles Michel will announce that the EU should be ready to accept new members by 2030, when…

2 years ago

Romanian minister unpacks ‘austerity plan’

Romania's Finance Minister Marcel Bolos said he is introducing prudent spending measures to put the country on a development path,…

2 years ago

Romania hikes inflation forecast

The National Bank of Romania (BNR) revised upward, to 7.5% its inflation prognosis for the end of this year on…

2 years ago

Flood-hit CEE countries ask EU, NATO for aid

Slovenia and Austria were the worst hit countries by the severe floods that swept over Central and Eastern Europe (CEE)…

2 years ago

Sanctions cannot bring Russia to its knees – MOL CEO

Only 6% of Ukrainian diesel imports come from Hungary, the head of Hungarian energy giant MOL said at a conference…

2 years ago

Forint falls regionally, as CEE central bankers mull rate cuts

Unlike its regional peers, the forint weakened massively this week, as the Hungarian National Bank (MNB) continued to unwind the…

2 years ago

Orban, Fiala trade blows over future of EU, V4

Czech Prime Minister Petr Fiala dismissed Hungarian Prime Minister Viktor Orban's claim over the weekend that Czechia has "changed sides"…

2 years ago

Hungary tops EU inflation list for June

The top 11 inflation rates in the EU were in Central and Eastern Europe (CEE) countries in June 2023, according…

2 years ago

Romania’s top banker – ‘close tax loopholes’

National Bank of Romania (BNR) chief economist Valentin Lazea warned that the country’s ballooning deficit could make it "the next…

2 years ago