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 downturn...
Economy
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 World...
EU bans Russian ships from Europe’s ports
The EU banned Russian seafaring vessels from entering European ports, as it approved its fifth tranche of sanctions against Russia on...
Orban won by a landslide, but Hungary’s economy is sliding too
The Hungarian Ministry of Finance took the unusual step of issuing a public statement aimed at international investors on Friday. After...
NATO agrees to beef up eastern flank defences at emergency summit
At an emergency NATO summit in Brussels on Thursday, US President Joe Biden said that the defence alliance had “never been...
Ukraine a “living hell”, says United Nations chief
Ukrainians are going through a “living hell”, UN Secretary-General Antonio Guterres said on Tuesday, in what he termed an unwinnable war...
Conflict at a “crossroads”, could end in April, says adviser to Ukraine’s President
The BBC reported that Russian troops were holding 400 doctors and patients captive in a hospital in the coastal city of...
War in Ukraine deals harsh blow to CEE currencies
While the Hungarian forint was hardest hit, all the currencies of the Central and Eastern Europe (CEE) region are suffering adverse...
Biden vows to defend “every inch of NATO territory”, Russia set to lose “MFN” trade status
US troops will not fight in Ukraine, but would defend “every inch of NATO territory” US President Joe Biden said on...
Ceasefire talks between Russia and Ukraine fail
Delegations from Ukraine and Russia were unable to broker a 24-hour ceasefire in their meeting on Thursday morning in Turkey. While...
Bombing of children’s hospital in Mariupol “genocide”, says Zelensky
Ukraine’s President Volodymyr Zelensky is calling Russian forces bombing on Wednesday of a 600-bed children’s and maternity hospital in the port...
EU looks to abandon Russian fuel sources due to “tectonic shift in European history”
Calling Russia's invasion of Ukraine "a tectonic shift in European history", the European Union is working out how to wean itself...
As West tightens screws on Moscow, CEE countries hunker down
On early Friday, Al Jazeera reported that Russian forces had sent missiles into Kyiv and other locations in Ukraine. Stating that...
EU court clears way for funding cuts over rule of law breaches
The European Union’s top court ruled that it can reduce funds to member states over rule of law concerns, rejecting a...
More women join science and engineering ranks
There were almost 6.6 million female scientists and engineers in the EU in 2020, which represented a year-on-year rise of 254,500,...
France, EU vow ‘paradigm shift’ on China policy
French Trade Minister Franck Riester said the EU will resolutely back Lithuania in its escalating trade war with China, on Sunday,...
Poland tops EC inflation list for 2021, 2022
Poland is predicted to have the highest level of inflation of 6.8% in Central and Eastern Europe (CEE) - and the...
Large, integrated ICT boosts economies – CET analysis
Estonia has become the digital model for Central and Eastern Europe (CEE) due to a digitalisation policy that has seen it...
EU plans to boost semiconductors to the tune of EUR 43bn
The European Commission (EC) unveiled legislation designed to double Europe’s share of the semiconductor industry yesterday. The so-called Chips Act addresses...
Slovenia minimum wage nears parity with US
With a EUR 1,074 minimum wage, Slovenia was the only country in Central and Eastern Europe (CEE) where a gross monthly...