News by country

US okays massive arms deal with Poland

The Polish government received approval from the US State Department for a potential USD 10bn weapons deal aimed at modernising…

2 years ago

EU widens embargo on Russian diesel, oil

The European Union expanded its ban on Russian diesel fuel and refined oil products with immediate effect on Sunday 5…

2 years ago

Hungary bails out steelmaker Dunaferr

Hungarian Prime Minister Viktor Orban met with a working group aiming to save the indebted steel company Dunaferr on Wednesday,…

2 years ago

OTP snaps up Slovene bank, plans merger to create market leader

OTP Bank has been cleared by Slovenian Competition Protection Agency (AVK) to acquire Nova Kreditna Banka Maribor (NKBM), Slovenia's second…

2 years ago

Pavel calls for unity after landslide in Czech presidential elections

Retired General Petr Pavel, a former senior NATO commander, won the Czech presidency in a record-breaking victory over former prime…

2 years ago

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