Auto sector slides down large company list – Coface CEE Top 500 study
Automotive and Transport has dropped to third place amongst large companies in CEE, as business sectors of Central and Eastern European...
Economy
Moment of truth for Orban – ING’s report on Poland, Czechia, Romania, Hungary
Central and Eastern Europe (CEE) is becoming increasingly diversified, ING Bank writes in a new report on Poland, Czechia, Romania and...
Hungary MOU with Huawei angers US
A memorandum of understanding (MOU) signing between Hungary's 4iG and China’s Huawei, both controversial companies close to their respective governments, has...
Von der Leyen vows to double WB economies in decade
The EU will finance Western Balkans (WB) integration reforms to the tune of EUR 6bn, European Commission President Ursula von der...
ECB steadies borrowing costs after year of hikes
The European Central Bank (ECB) left interest rates unchanged this week for the first time in over a year. Thursday was...
Polish election result shakes up CEE
Although Poland's ruling Law and Justice (PiS) received the most votes of any single party at the weekend elections, it was...
IMF advises Romania to fight tax evasion
Romanian Prime Minister Marcel Ciolacu declared that he was happy after holding discussions with International Monetary Fund experts after their annual...
FMs back fast-tracked EU accession
The foreign ministers of Austria, Croatia, and Slovenia have published a joint article calling for "several concrete steps to be taken...
Greece adds another member – and sea – to Three Seas initiative
The members of the Three Seas Initiative (3SI) will gather for its annual summit, entitled 3SI Investing into a Resilient Tomorrow,...
RRF deadline prompts flurry of applications from CEE countries
Central and Eastern Europe (CEE) countries Croatia, Hungary, Poland and Lithuania were among the 13 EU member states to request loans...
E-Estonia rakes in tax revenue, ready for revamp
In the first half of 2023, businesses owned by Estonian e-residents contributed EUR 37.7mn in tax revenue, a 57% increase compared...
Michel to pledge new EU accessions by 2030
European Council President Charles Michel will announce that the EU should be ready to accept new members by 2030, when he...
Romanian minister unpacks ‘austerity plan’
Romania's Finance Minister Marcel Bolos said he is introducing prudent spending measures to put the country on a development path, despite...
Romania hikes inflation forecast
The National Bank of Romania (BNR) revised upward, to 7.5% its inflation prognosis for the end of this year on Wednesday,...
Flood-hit CEE countries ask EU, NATO for aid
Slovenia and Austria were the worst hit countries by the severe floods that swept over Central and Eastern Europe (CEE) over...
Sanctions cannot bring Russia to its knees – MOL CEO
Only 6% of Ukrainian diesel imports come from Hungary, the head of Hungarian energy giant MOL said at a conference on...
Forint falls regionally, as CEE central bankers mull rate cuts
Unlike its regional peers, the forint weakened massively this week, as the Hungarian National Bank (MNB) continued to unwind the emergency...
Orban, Fiala trade blows over future of EU, V4
Czech Prime Minister Petr Fiala dismissed Hungarian Prime Minister Viktor Orban's claim over the weekend that Czechia has "changed sides" regarding...
Hungary tops EU inflation list for June
The top 11 inflation rates in the EU were in Central and Eastern Europe (CEE) countries in June 2023, according to...
Romania’s top banker – ‘close tax loopholes’
National Bank of Romania (BNR) chief economist Valentin Lazea warned that the country’s ballooning deficit could make it "the next candidate...