News by country

Croatia to adopt euro next year, as Balkan country clears final hurdles

The EU formally approved on Tuesday Croatia joining the Eurozone on New Year's Day 2023, and proclaimed the development as…

2 years ago

Hungary falls out with EU, US over its opposition to minimum global tax rate

The Hungarian government said on Monday that it will pass a parliamentary resolution condemning EU criticism of its refusal to…

2 years ago

Bruising week for CEE currencies ends with slight rises for zloty, forint, Czech crown

The Czech, Polish and Hungarian currencies all weakened against the major global currencies this week, as recession fears intensified globally,…

2 years ago

Croatia to get less Covid recovery funding after economic rebound in 2021

The European Commission (EC) will cut Croatia’s maximum share of the EU's Recovery and Resilience Facility (RRF) stimulus programme by…

2 years ago

Hungary leads EU for solar electricity generation

Hungary had the highest proportion of solar technology in its electricity production in the EU last year, according to the…

2 years ago

Inflation soars in the Baltics

Surging energy prices pushed prices up across the EU in June, but the three Baltic countries have been hardest hit,…

2 years ago

Bulgaria coalition on brink after just six months

Bulgarian Prime Minister Kiril Petkov is trying to save his administration by persuading seven MPs to support his coalition in…

2 years ago

Austria tries to get Serbia back on EU track

Austria’s foreign and European affairs minister said he expects the countries in the Western Balkans (WB) to join the EU,…

2 years ago

CEE urges more time for EU projects

Inflation is endangering EU-funded infrastructure constructions across Central and Eastern Europe (CEE), and affected countries say the European Commission (EC)…

2 years ago

Polish ‘train levitation’ firm among six CEE startups to secure EU innovation funding

The European Innovation Council (EIC) will award grants or equity investments of up to EUR 17.5mn to six “high potential”…

2 years ago