Economy

Baltic inflation ‘canary in the coal mine’ for rest of Europe in 2023

The three Baltic countries are the worst hit by the wave of inflation in Europe, according to the latest flash estimate…

1 year ago

Hungary, Poland hope law reforms will see EU unfreeze billions in funding in 2023

The EU last year attempted to address the erosion of perceived democratic norms of the populist governments of Hungary and…

1 year ago

Czech EU presidency hailed as ‘big success’

Czechia received near universal acclaim as it completed its stewardship of the presidency of the Council of the EU, which…

1 year ago

Hungary, EU agree conditional release of disputed funds

The Council of the European Union adopted legislation Friday on releasing funds for Hungary’s EUR 5.8bn Recovery and Resilience Facility…

1 year ago

New Latvian coalition focuses on economy, security

The centre-right New Unity party, led by Latvian Prime Minister Krisjanis Karins, finalised a coalition deal with the new centrist…

1 year ago

EU clears path for EUR 18bn loan to Ukraine

Next year the EU will provide Ukraine with EUR 18bn, circumventing Hungary's veto, the Council of the European Union announced…

1 year ago

EU green lights Croatia to join Schengen, snubs Bulgaria, Romania

Croatia will become the Schengen zone’s newest member on 1 January, the Council of the EU announced on Thursday, 8 December. Croatia…

1 year ago

Croatia plans partial Sunday shopping ban

Croatia has decided to introduce compulsory shop closures on Sundays, Croatian Employment and Family Minister Marin Piletic told reporters after…

1 year ago

EU moves to freeze Hungary funds, but real picture more nuanced

The European Commission (EC) opened the possibility for EU national leaders to punish Hungary in an upcoming vote on funding suspensions,…

1 year ago

VC financing of Lithuanian fintech quadruples – FT special report

Venture capital (VC) financiers invested EUR 71mn in Lithuanian fintechs in 2021, up from EUR 18mn in 2020, according to The…

1 year ago