V4 & Romania

Economist becomes Slovakia’s first Hungarian-minority PM

Former Slovak Central Bank (NBS) deputy governor Ludovit Odor was sworn in as the country’s interim prime minister this week.…

2 years ago

Romania loosens surplus tax on OMV Petrom

Romanian President Klaus Iohannis promulgated the revised law that lays down a "solidarity contribution" from the “excessive profits” of energy…

2 years ago

Falling energy prices hit MOL’s Q1 figures

Sharply falling energy prices are good news for the population and almost all market segments and the population alike, but…

2 years ago

Czech govt unveils austerity package

The Czech government announced "Czechia in Shape", a new tax package to reduce the state budget deficit on Thursday 11…

2 years ago

Poland’s Orlen losing millions over Russian oil ban

Poland's state-controlled oil company, PKN Orlen, is facing significant losses due to the EU banning Russian crude oil. The company…

2 years ago

Hungary gov’t reacts to shrinking retail sector with compulsory price cuts

The purchasing power of salaries in Hungary is falling due to record-high inflation, local business outlet Portfolio reported, citing the…

2 years ago

EU law will fast-track arms making in Europe, von der Leyen announces in Prague

The European Commission (EC) will propose a law to speed up weapons production in Europe, EC President Ursula von der…

2 years ago

Poland to buy UK defence export system after inking all-time record deal

Poland has signed with the UK a GBP 1.9bn export agreement to roll out a British short-range air defence system,…

2 years ago

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…

2 years ago

EON Polska earmarked 33bn war chest for green projects by 2027 – company president

"There will be more and more renewable energy in Poland and other European countries," E.ON Polska president Andrzej Modzelewski said…

2 years ago