Economy

Incoming Lithuanian PM prioritises defence

Lithuania’s new Prime Minister Gintautas Paluckas plans to increase the country's defence spending to 3.5% of GDP in response to…

2 months ago

Hungary’s energy strategy has left it vulnerable to electricity price speculators – report

Hungary’s electricity market has become a focal point for speculative trading, driven by a combination of renewable energy imbalances and…

2 months ago

CEE secures EUR 1.4bn in AI funding in 2023-24

Central and Eastern Europe (CEE) is a rising force in artificial intelligence (AI) and startups in the region raised EUR…

2 months ago

EU assesses candidates’ progress in ten country reports

The European Commission (EC) analyses the accession prospects of all ten prospective members of the EU in a new set…

2 months ago

CEE mulls ramifications of Trump’s victory on trade, defence, environment

As Donald Trump officially declared his victory in the US election, he received congratulations from numerous Central and Eastern Europe…

2 months ago

‘Budapest Declaration’ signed as Orban hosts EU summit

European leaders committed to developing a defence industry base and enhancing EU competitiveness at an informal European Council summit in…

2 months ago

PKN Orlen CEE’s top firm on Coface 500 list

Poland is the dominant country in the Central and Eastern Europe (CEE) business landscape, with 184 companies listed among the…

2 months ago

Bulgarian election delivers hung parliament

Bulgarian ex-prime minister Boyko Borissov’s conservative, pro-EU GERB (Citizens for European Development of Bulgaria) party garnered approximately 25% of the…

3 months ago

Romania oks EUR 150mn strategic infrastructure investment at Port of Constanta

Romania has approved “technical-economic indicators” for an over RON 750mn (EUR 150.8mn) rail construction project at the country's largest port…

3 months ago

CEE sidesteps ‘middle-income trap’ – ING analysis

Central and Eastern Europe (CEE) economies have largely overcome the so-called middle-income trap, but face challenges around sustainable growth and…

3 months ago