Economy

Romania rated BBB- by Fitch

The rating for Romania's long-term foreign currency debts is BBB- with a stable outlook, Fitch announced. According to the rating…

10 months ago

V4 leaders agree on energy, immigration, but Russia remains elephant in room

The prime ministers of the Visegrad Four (V4) countries met in Prague, Czechia, for the first time in eight months,…

10 months ago

Poland unlocks over EUR 100bn in EU funds

As of next week Poland can begin to access the around EUR 60bn of previously suspended COVID:19 pandemic and green funding…

10 months ago

Polish FM floats new reparations solution

Poland will drop the USD 1.3tn (EUR 12.08) reparation demand made by the right-wing nationalist PiS government, which Polish Prime…

10 months ago

CEE trade with Germany slumped in 2023

Germany’s business with Central and Eastern Europe (CEE) fell last year as the value of goods traded with the region’s…

11 months ago

Romania has overtaken Greece, Hungary – Economy minister underlines EU benefits

Romania has economically surpassed Greece, Hungary and is closing in on Poland, Romanian Economy Minister Stefan Radu Oprea underlined in…

11 months ago

Hungarians increasingly displaced by guest workers – report

Foreign workers are increasingly replacing Hungarians across various sectors due to structural issues within the country’s economy. Government backing of…

11 months ago

Hungary inflation to dip, GDP to rise this year – independent think tank

From Hungary's economic perspective, last year extended the trends observed in 2022, according to independent Hungarian think-tank Policy Solutions's annual…

11 months ago

Czech inflation second highest ever in 2023

Czechia's rate of inflation was 10.7% last year, down from 15.1% in 2022, but still representing the country's second-highest annual…

12 months ago

Belgian rope trick – EU presidency plan for Europe: ‘Protect, Strengthen, Prepare’

As Belgium assumed the EU presidency on 1 January, with a rallying cry of "Protect, Strengthen, Prepare", Belgian Prime Minister…

12 months ago