V4 & Romania

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…

2 years ago

Poland to supply Ukraine with fighter jets

Poland will send Ukraine four MiG-29 fighter jets in the coming days, with more to follow later, according to an…

2 years ago

Inflation swallows up pay hikes in Romania

The average net salary in Romania was RON 4,254 (EUR 864) in January 2023, up 15% year-on-year, but down RON…

2 years ago

Hungarian central bank chief repeats criticisms of Orban’s economic policy

Hungarian National Bank (MNB) Governor Gyorgy Matolcsy has once again harshly criticised Hungarian Prime Minister Viktor Orban’s economic policy, business…

2 years ago

Romanian investments up in 2022 – PM

Net investments in the Romanian economy were 150.1 billion leu (EUR 3.06bn) in 2022, up 8.5% on the previous year,…

2 years ago

Enel to sell Romanian arm in EUR 1.26bn deal

Enel will sell its Romanian operations to Greek group Public Power Corp (PPC) for EUR 1.26bn, the Italian utility group…

2 years ago

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.…

2 years ago

Poland oks Turow mine’s permit till 2044

Poland has extended the operational license of its highly-polluting Turow lignite mine by 22 years, the Czech Environment Ministry revealed…

2 years ago

Russia cuts oil supply to Poland

Russia has ceased the supply of oil to Poland through the Druzhba pipeline, CEO of Polish oil refiner PKN Orlen…

2 years ago

Orban slams EU for withholding funds for Hungary, Poland

Hungarian Prime Minister Viktor Orban criticized the EU for imposing new sanctions instead of providing assistance and for depriving Hungary…

2 years ago