News by country

Plan to disburse over EUR 35bn recovery cash to Poland stings MEPs into action

MEPs are planning to protest the transfer of a EUR 35.4bn EU stimulus package to Poland, arguing that the country…

2 years ago

Croatia set to join the Euro

Croatia has been given the go-ahead to adopt the euro from the start of next year, when it will become…

2 years ago

Croatia agrees to expand oil capacity to CEE

Croatia is ready to enlarge the capacity of the Adria oil pipeline as part of a long-term energy cooperation agreement…

2 years ago

Lithuanian FM opens up to The Spectator, as country strengthens security, trade with UK

Lithuania allowing Taiwan to open a ‘Taiwanese Representative Office’ in its capital Vilnius “gave China reason to go all-out against…

2 years ago

Baltic countries see rocketing inflation as Eurozone hits all-time high

Inflation was highest in Estonia amongst the Eurozone countries in May, according to a Eurostat report that estimated 20.1% year-on-year…

2 years ago

While Slovakia cuts Russian gas, Serbia agrees ‘extremely favourable’ deal with Putin

As Europe attempts a highly complicated manoeuvre to phase out Russian energy, two countries in Central and Eastern Europe (CEE)…

2 years ago

Hungary to levy windfall taxes on banking, energy, telcos, airlines, retail, pharma, ads

Hungarian Prime Minister Viktor Orban announced that banks, insurance companies, retail chains, energy firms, telcos and airlines in Hungary will…

2 years ago

Metals illustrate difficulty of decoupling from Russian economy – CET analysis

The US can do without Russian oil, but has been reluctant to give up on its metals. Sanctions against Russian…

2 years ago

CEE states urge EU to rebuild Ukraine with seized Russian assets

In a letter to be sent to EU finance ministers, Slovakia, Lithuania, Latvia and Estonia jointly call for frozen Russian…

2 years ago

OMV to transfer euros to Russia for payments to Gazprom

Austrian energy group OMV announced on Friday that it was opening an account with Russian Gazprombank for ruble conversion. The development…

2 years ago