V4 & Romania

EC backs withholding EUR 7.5bn from Hungary

The European Commission (EC) recommended the rescinding of 7.5 billion euros worth of cohesion funds from Hungary on Sunday, unless…

2 years ago

Polish energy giant PKN Orlen mulls purchase of German refinery

Polish refiner PKN Orlen is considering buying a majority stake in the PCK Schwedt refinery in north-east Germany, which until…

2 years ago

As Ryanair suspends CEE flight routes, Aeroexpress mulls new services

Ryanair CEO Michael O'Leary said his budget airline has no plans to withdraw from Hungary but will cease some services…

2 years ago

MEPs to vote on rule of law in Hungary, as EC mulls next move on suspended funds

As the September 21 deadline approaches, leaders in Brussels are split on whether to finally unlock billions of euros that…

2 years ago

Batteries are powering CEE’s e-mobility transition – CET analysis

As the EU accelerates its shift to electric vehicles by outlawing internal combustion engines by 2035, the auto industries in…

2 years ago

Baltic countries to fully ban entry for Russian citizens, while EU plans major restrictions

Lithuania, Latvia and Estonia are finalising coordinated agreements on restricting entry for the Russian citizens with Schengen visas, the three…

2 years ago

Hungary to call for removal of Russian oligarchs from EU sanctions list – report

Hungary will not agree to the extension of EU sanctions against Russia unless visa bans and asset freezes against three…

2 years ago

V4 countries cast net wide for gas supplies

Czech Prime Minister Petr Fiala will travel to the Netherlands this week to open a new terminal, according to an…

2 years ago

Scholz says ‘centre of Europe is moving eastwards’ on Prague visit

German Chancellor Olaf Scholz emphasised the urgency of accession for aspiring EU members in Central and Eastern Europe (CEE) when…

2 years ago

Croatian authorities launch probe into massive gas-resale scam at INA

A total of five individuals including a top Croatian lawyer and an executive at energy firm INA have been charged…

2 years ago