Economy

Bruising week for CEE currencies ends with slight rises for zloty, forint, Czech crown

The Czech, Polish and Hungarian currencies all weakened against the major global currencies this week, as recession fears intensified globally,…

3 years ago

Croatia to get less Covid recovery funding after economic rebound in 2021

The European Commission (EC) will cut Croatia’s maximum share of the EU's Recovery and Resilience Facility (RRF) stimulus programme by…

3 years ago

Inflation soars in the Baltics

Surging energy prices pushed prices up across the EU in June, but the three Baltic countries have been hardest hit,…

3 years ago

Bulgaria coalition on brink after just six months

Bulgarian Prime Minister Kiril Petkov is trying to save his administration by persuading seven MPs to support his coalition in…

3 years ago

Austria tries to get Serbia back on EU track

Austria’s foreign and European affairs minister said he expects the countries in the Western Balkans (WB) to join the EU,…

3 years ago

CEE urges more time for EU projects

Inflation is endangering EU-funded infrastructure constructions across Central and Eastern Europe (CEE), and affected countries say the European Commission (EC)…

3 years ago

Croatia set to join the Euro

Croatia has been given the go-ahead to adopt the euro from the start of next year, when it will become…

3 years ago

Lithuanian FM opens up to The Spectator, as country strengthens security, trade with UK

Lithuania allowing Taiwan to open a ‘Taiwanese Representative Office’ in its capital Vilnius “gave China reason to go all-out against…

3 years ago

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…

3 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…

3 years ago