NATO chief announces 8.3% hike in defence spending, ahead of major Vilnius summit
NATO Secretary General Jens Stoltenberg and Lithuanian President Gitanas Nauseda held a joint press conference on Monday, 10 July, the day...
Lithuania
CEE leaders react to Russian revolt
An apparent attempted coup d'etat led by the head of a mercenary group in Russia over the weekend set off emergency...
Poland EU’s best performing economy in Q1
Poland outstretched all of its EU peers for growth in the first quarter of 2023, the bloc's official statistics office Eurostat...
EU youth unemployment lowest since 2009
Only 4.48 million EU citizens aged 15 to 29 found themselves unemployed last year, according to the latest data from the...
Czechia, Hungary, Estonia top for employment in CEE – Eurostat report
Estonia had the highest employment rate in Central and Eastern Europe (CEE) of 81.9% in 2022, according to the recently released...
Croatia tops European tourism poll
Croatia had the highest share of tourism in total gross value added (GVA) at 11%, EU statistics office Eurostat finds in...
Mixed prospects in region for pay-TV industry, new research finds
The number of pay TV subscribers in Eastern Europe will decline by 8mn from its peak of 81mn in 2018, to...
Poland, Baltic states meet NATO’s 2% target
NATO's annual report for 2022 reveals that only 7 countries of the 30-country defence alliance met the military spending target of...
Lithuania decade’s most improved country in region, leading prosperity report finds
Estonia is named the most prosperous country in Eastern Europe, and the 21st globally, in the newly-released 2023 Legatum Prosperity Index. Legatum’s...
Joint letter says Russian assets should rebuild Ukraine
Leaders from the Baltic nations and Poland have called for the utilization of approximately EUR 300bn worth of assets from the...
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 2,800...
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 new...
Baltic inflation ‘canary in the coal mine’ for rest of Europe in 2023
The three Baltic countries are the worst hit by the wave of inflation in Europe, according to the latest flash estimate from the...
Poland, Baltics opt in on green hydrogen corridor project
The national grid operators of Poland and the three Baltic countries signed a cooperation agreement with their German and Nordic peers...
Eight CEE countries push for ‘significantly lower’ EU gas price cap
A total of eight Central and Eastern European (CEE) countries have co-signed a paper with four other EU member states that...
Wizz vs Ryanair: which budget airline rules CEE?
Wizz Air will serve 31% more passengers than Ryanair in Central and Eastern Europe (CEE) and the Caucuses this winter, according a...
Orlen moves into Hungary, MOL into Poland, in CEE gas market reshuffle
Orlen Unipetrol, owned by Poland's leading energy company PKN Orlen, will take over 143 petrol stations in Hungary and 39 in Slovakia,...
VC financing of Lithuanian fintech quadruples – FT special report
Venture capital (VC) financiers invested EUR 71mn in Lithuanian fintechs in 2021, up from EUR 18mn in 2020, according to The Financial...
Estonia tops tax competitiveness index
For the ninth consecutive year, Estonia has the best tax regime of the Organisation for Economic Cooperation and Development (OECD) countries, according to...
Gov’t interventions see Poland, Slovenia, Hungary buck H1 electricity bills trend
Household electricity prices rose year-on-year in the first half of 2022, from EUR 22 per to EUR 25.30 per 100 kWh...