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The signatories, including Poland, Romania, Hungary, Bulgaria, Slovakia, Estonia, Latvia and Lithuania, said the policy’s “visibility and predictability” would be compromised if merged into a broader single investment fund.
Global Peace Index (GPI) founder Steve Killelea spoke to the Central European Times on the day of the release of the GPI's 18th annual report. Despite the steep rise in militarisation in CEE, investment-led ambitions are currently limited by fragmentation, Killelea tells CET.
Producers in Poland, Czechia and Moldova are rebranding locally and pursuing new strategies to stay afloat after the collapse of major foreign markets, in the wake of Russia’s invasion of Ukraine and Western sanctions on premium alcohol.
The withdrawal will take legal effect on 2 June 2026, making Hungary the first EU member state to exit the Rome Statute, which underpins the ICC’s jurisdiction to prosecute war crimes, crimes against humanity, and genocide.
Hungary has now fallen to the lowest position in the EU for actual individual consumption (AIC), despite its starting position ahead of several regional peers two decades ago.
Polish Deputy PM and Defence Minister Wladyslaw Kosiniak-Kamysz said in April that Poland’s defence strategy prioritises frontline support and rapid capacity building. He added that Poland “will not turn anyone away” from its training centres, including non-combat personnel.
In late May, Merz said Nord Stream 2 must stay closed to “weaken Moscow's war machine” and also declared that his government would “do everything” to prevent the pipeline from going online.ce
The Som-8 well is Hungary’s first meaningful local oil addition since 2019. National demand averaged 167,000 bpd in 2024, while domestic crude output stood closer to 23,000 bpd, according to industry data.
Nominal minimum wages in Romania and Bulgaria have more than doubled in the last decade, with the sharpest growth before 2020. Czechia and Slovakia now apply EU-aligned benchmarks for annual adjustments.
Hungary and Slovakia have emerged as the most vocal opponents of two of the EU’s most consequential reform proposals: plans to phase out Russian energy imports and to overhaul the bloc’s long-term budget to prioritise defence, climate and digital transition. EU mulls ban of new Russian energy contracts
Hungarian Prime Minister Viktor Orban's ruling Fidesz party submitted on Tuesday, 13 May a bill that would allow the government to monitor, penalise and potentially ban organisations receiving foreign funding and categorised as threats to national sovereignty. The draft law would expand the powers of the Sovereignty Protection
Independent pro-EU candidate Nicusor Dan won Romania’s presidential election on Sunday, 18 May, defeating far-right challenger George Simion in a runoff vote. The result represents a holding of the political centre after months of polarised campaigning, easing tensions in Brussels and Central and Eastern Europe (CEE). Dan secured 53.
Chinese electric vehicle (EV) manufacturer BYD on 15 May signed an agreement with the Hungarian government to relocate its European headquarters to Budapest's 11th District, alongside two major research and development projects. The announcement marks the latest phase in BYD's European expansion. Hungary's government
First they laughed off George Simion as a fringe agitator. Now, with a commanding first-round lead behind him, the ultranationalist is one step away from Romania’s presidency. His opponent on 18 May, Bucharest Mayor Nicusor Dan, is racing to unite the fractured political centre to stop him. Romania'
In a new step in the cleaner transport transition, OMV Petrom has inaugurated Romania's largest electric vehicle (EV) hub with 34 charging points of up to 400kW on the A1 motorway near Miercurea Sibiului, central Romania. The site is located on the Rhine-Danube Corridor - one of Romania’