V4 & Romania

Romania blames Hungary for Schengen deficit

Romanian lorry drivers urged their government to “relentlessly lobby” for the country to join the Schengen zone on Monday, asserting…

2 years ago

Moody’s forecasts CEE growth in 2022, amid soaring inflation

The loan-book performance of banks in Central and Eastern Europe (CEE) is set to worsen as interest rate hikes take…

2 years ago

Bulgaria, Romania edge towards Schengen membership, as MEPs express overwhelming support

MEPs backed Bulgaria and Romania joining the Schengen zone in the coming months by an overwhelming margin on Tuesday. Of the…

2 years ago

Romanian auto industry rallies to surpass pre-pandemic levels in first nine months

Passenger car production was up 21.2% year-on-year, to 381,971 units, in Romania in the first three quarters of 2022, according to…

2 years ago

Romania rolls out strategy for solar, wind power

The Romanian Energy Ministry has launched a renewable energy tender call worth EUR 457.7mn for projects totalling 950MW capacity, which…

2 years ago

Qatar to open embassy in Czech capital

Czechia and Qatar signed bilateral agreements on Wednesday, as the Gulf state announced that it will open its first embassy…

2 years ago

Forint recovers as Gazprom grants Hungary gas payment deferral

The forint rebounded against both the US dollar and euro late Monday, on news that Russian-state-run energy company Gazprom has…

2 years ago

Forint slumps to all-time lows against euro, dollar

As national currencies shed value across Central and Eastern Europe (CEE) on Thursday, the Hungarian forint fell hardest, to historic…

2 years ago

Poland opens Baltic Pipe, as other pipelines wrecked in dramatic day for CEE energy

Polish officials symbolically commissioned the Baltic Pipe natural gas pipeline with Norway on Tuesday, a day that turned out to…

2 years ago

VW floats idea of CEE exit

German carmaker Volkswagen (VW) may close its plants in Central and Eastern Europe (CEE) if the natural gas shortage persists…

2 years ago