News by country

Credit rating agencies Fitch, S&P, demote Hungary

Standard & Poor’s (S&P) downgraded Hungary's credit rating by one step to the lowest investment grade of BBB- on Friday,…

2 years ago

CEE countries ask EU to fund Azeri gas pipelines

Romania, Bulgaria, Hungary and Slovakia have jointly requested EU funding to develop the necessary infrastructure to support increased gas supplies…

2 years ago

US moves into CEE arms market – CET analysis

Geopolitics is leaving its mark on the arms race in Central and Eastern Europe (CEE). Countries are drifting further away…

2 years ago

Bulgaria faces fifth election in two years, as pro-Kremlin Socialists fail to form gov’t

Bulgaria is preparing for a new general election in the spring, following the failure of the country's Socialist Party to…

2 years ago

CEE plans thousands of miles of high-speed rail

Railway infrastructure managers from Czechia, Poland and the Baltics signed a memorandum of understanding (MOU) in connection with building almost…

2 years ago

Estonia top for digital banking usage in 2022, while Romania lags – Eurostat report

More people in Estonia use online banking services than anywhere else in Central and Eastern Europe (CEE), according to a…

2 years ago

Bulgaria, Greece could revive 1990s pipeline project – this time without Russia

A memorandum of understanding (MOU) for the oil pipeline project between Alexandroupolis, east Greece, and Burgas, east Bulgaria, will be signed…

2 years ago

Ex-NATO official edges Babis to move into pole position for Czech presidency

Retired General Petr Pavel will face ex-prime minister Andrej Babis in Czechia’s presidential runoff vote after narrowly beating him into…

2 years ago

Poland emerges as European defence power

As President Vladimir Putin's invasion of Ukraine nears its first anniversary and Russia regroups, the defence sector politics of Central…

2 years ago

Hungary secures EUR 1.6bn Vodafone purchase

Hungary has finalised a deal to acquire Vodafone Europe’s Hungarian unit for HUF 660bn (EUR 1.6bn) in the largest state…

2 years ago