Economy

Baltic countries see rocketing inflation as Eurozone hits all-time high

Inflation was highest in Estonia amongst the Eurozone countries in May, according to a Eurostat report that estimated 20.1% year-on-year…

2 years ago

Hungary to levy windfall taxes on banking, energy, telcos, airlines, retail, pharma, ads

Hungarian Prime Minister Viktor Orban announced that banks, insurance companies, retail chains, energy firms, telcos and airlines in Hungary will…

2 years ago

Metals illustrate difficulty of decoupling from Russian economy – CET analysis

The US can do without Russian oil, but has been reluctant to give up on its metals. Sanctions against Russian…

3 years ago

Balkan business leaders urge simpler border controls

Serbian and Croatian business organisations are calling for less friction in the flow of goods across their common border, in…

3 years ago

Europe’s road from Ostpolitik to a possible total Russian energy ban – CET analysis

Mutually beneficial business relations were meant to cement cooperation and peace in Europe after WWII. This post-world war global order…

3 years ago

Croatia’s aviation industry most resilient in EU

The commercial flight numbers of several Central and Eastern European (CEE) countries are closing in on their pre-pandemic levels faster…

3 years ago

Estonia most generous to Ukraine per head, Poland second biggest donor in absolute terms

Estonia is providing the most aid to Ukraine by far in relation to its economic output, according to a new…

3 years ago

ECB maintains zero interest rate, hike on the agenda later in 2022

“The war in Ukraine is severely affecting the euro area economy and has significantly increased uncertainty,” Christine Lagarde, President of…

3 years ago

Romania unveils massive support scheme for firms, families

Romania is rolling out a EUR 3.4 billion part-EU-funded assistance package to help struggling companies and families amid the economic…

3 years ago

Growth in CEE to slow to 3.5% – World Bank

The war in Ukraine is set to inflict twice the amount of economic damage that the COVID-19 pandemic did, the…

3 years ago