Economy

EC warns Slovakia to review 2023 budget or risk losing Covid-recovery funding

The European Commission (EC) told Slovakia on Tuesday to include spending limits in its state budget or risk endangering the…

2 years ago

Estonia tops tax competitiveness index

For the ninth consecutive year, Estonia has the best tax regime of the Organisation for Economic Cooperation and Development (OECD) countries, according…

2 years ago

EC to decide on Hungary funding by end of month

Hungary will find out whether it will receive its EUR 7.2 bn pandemic recovery fund payment on 22 November, Bloomberg…

2 years ago

Venture capital investment in CEE doubled in two years – report

Central and Eastern Europe (CEE) is one of the fastest growing regions in Europe by enterprise value and has grown…

2 years ago

Gov’t interventions see Poland, Slovenia, Hungary buck H1 electricity bills trend

Household electricity prices rose year-on-year in the first half of 2022, from EUR 22 per to EUR 25.30 per 100…

2 years ago

Taiwan invests in CEE, as Lithuania opens trade office in Taipei

The tensions around the burgeoning relations between Taiwan and Central and Eastern Europe (CEE) will be on the agenda when…

2 years ago

Moody’s forecasts CEE growth in 2022, amid soaring inflation

The loan-book performance of banks in Central and Eastern Europe (CEE) is set to worsen as interest rate hikes take…

2 years ago

Bulgaria, Romania edge towards Schengen membership, as MEPs express overwhelming support

MEPs backed Bulgaria and Romania joining the Schengen zone in the coming months by an overwhelming margin on Tuesday. Of the…

2 years ago

Qatar to open embassy in Czech capital

Czechia and Qatar signed bilateral agreements on Wednesday, as the Gulf state announced that it will open its first embassy…

2 years ago

Forint slumps to all-time lows against euro, dollar

As national currencies shed value across Central and Eastern Europe (CEE) on Thursday, the Hungarian forint fell hardest, to historic…

2 years ago