V4 & Romania

Growth in CEE to slow to 3.5% – World Bank

The war in Ukraine is set to inflict twice the amount of economic damage that the COVID-19 pandemic did, the…

3 years ago

Hungarian gov’t-friendly firm buys Sberbank share in Croatia’s Fortenova

Russia's Sberbank has sold its 43% stake in Fortenova to Hungarian-US investment fund Indotek Group, Croatian daily Jutarnji List reported.…

3 years ago

NATO plans to bolster defences in east, says Sec-Gen Stoltenberg

NATO leaders will formulate plans to bolster its eastern flank across Central and Eastern Europe at a summit in Madrid…

3 years ago

Orban won by a landslide, but Hungary’s economy is sliding too

The Hungarian Ministry of Finance took the unusual step of issuing a public statement aimed at international investors on Friday.…

3 years ago

EU deducts unpaid fines from payment to Poland

The Polish Finance Ministry confirmed on Thursday that the European Commission (EC) has paid Poland EUR 30 million less in…

3 years ago

Nuclear plant expansion is on, Hungary PM says, as FM calls sector sanctions ‘a red line’

The EUR 12.5 bn expansion of Hungary’s only nuclear power plant at Paks remains viable, Hungarian Prime Minister Viktor Orban…

3 years ago

Orbán wins big in Hungarian election

Hungarian Prime Minister Viktor Orbán secured his fourth consecutive term with a landslide victory in Hungary's national elections on Sunday. …

3 years ago

Warsaw gets serious about eliminating Russian energy imports

Poland adopted draft legislation on Wednesday to prohibit coal imports from Russia. In its efforts to move away from all…

3 years ago

Hungary postpones Visegrad 4 Summit after Czechia, Poland reps refuse to attend

Hungary cancelled a scheduled summit of defence ministers from the Visegrad 4 (“V4”) group of EU member states - Czechia,…

3 years ago

US will honour “sacred obligation” to NATO allies, says Biden

In a speech closing his visit to Poland, US President Joe Biden reassured NATO allies in Central and Eastern Europe…

3 years ago