Estonia joins CERN
The European Organization for Nuclear Research (CERN) officially welcomed Estonia as its 24th member state on Friday, 30 August. CERN said...
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As CEE energy costs soar, IMF says customers should pick up the bill
The International Monetary Fund (IMF) has recommended that European governments let consumers bear the brunt of rocketing domestic energy bills, in...
Europe’s road from Ostpolitik to a possible total Russian energy ban – CET analysis
Mutually beneficial business relations were meant to cement cooperation and peace in Europe after WWII. This post-world war global order is...
Poland, Bulgaria seek alternative gas supplies, after Russia pulls plug
EU Commission President von der Leyen proclaimed “the era of Russian fossil fuel in Europe is coming to an end" on...
EU offers loans to Lithuanian firms caught in crosshairs of Taiwan-China dispute
The EU will extend EUR 130mn to Lithuanian companies affected by the trade restrictions China has imposed on the Baltic country,...
Energy expert ousts Jansa in Slovenia vote
Political newcomer Robert Golob promised to restore “normality” to Slovenian politics after his environmentalist Freedom Movement won 34.6% of the vote in...
Pro-war Latvians risk losing status under new law
People supporting war crimes can have their citizenship removed in Latvia as of today, after a large majority of the country’s...
EU mulls green-energy target hike
The European Commission (EC) is assessing whether the EU can ramp up its renewable energy target for 2030 from 40% to...
Russian energy boycott could hit CEE hard
New sanctions on Russia’s oil and gas currently being discussed by EU leaders would impact several Central and Eastern Europe (CEE)...
Estonia most generous to Ukraine per head, Poland second biggest donor in absolute terms
Estonia is providing the most aid to Ukraine by far in relation to its economic output, according to a new data...
ECB maintains zero interest rate, hike on the agenda later in 2022
“The war in Ukraine is severely affecting the euro area economy and has significantly increased uncertainty,” Christine Lagarde, President of the...
EU states see green goals, Russian energy cuts as win-win
A coalition of 11 European Union states led by Denmark wants to accelerate the continent’s green transformation, in order to end...
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...
Hungarian gov’t-friendly firm buys Sberbank share in Croatia’s Fortenova
Russia's Sberbank has sold its 43% stake in Fortenova to Hungarian-US investment fund Indotek Group, Croatian daily Jutarnji List reported. The...
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...
Hungary’s Tungsram needs gov’t bailout
The chairman-CEO of one of Hungary’s oldest and best known companies, historic light bulb maker Tungsram, appealed to the government for...
Poland, Baltics to close off roads to Russia, Belarus, Ukraine deputy minister claims
Ukraine Infrastructure Minister Oleksandr Kubrakov has asked Poland and the Baltic states to close their road links to Russia and Belarus....
Orbán wins big in Hungarian election
Hungarian Prime Minister Viktor Orbán secured his fourth consecutive term with a landslide victory in Hungary's national elections on Sunday. Orbán’s...
Hungary postpones Visegrad 4 Summit after Czechia, Poland reps refuse to attend
Hungary cancelled a scheduled summit of defence ministers from the Visegrad 4 (“V4”) group of EU member states - Czechia, Hungary,...