V4 & Romania

Poland faces daily fine of EUR 1 million per day until it dissolves controversial chamber

The European Court of Justice (ECJ) on Wednesday ordered Poland to pay EUR 1 million on a daily basis for…

3 years ago

Ex-Croatia PM, MOL chief get jail terms for INA bribery case

Croatia's Supreme Court sentenced MOL chairman-CEO Zsolt Hernadi and the country's former prime minister Ivo Sanader to prison sentences for…

3 years ago

Hungary’s first fully electric car rolls off the line in Kecskemét

Daimler AG has begun production of a purely electric model, the Mercedes-Benz EQB, at its Mercedes plant in Kecskemét, Hungary.…

3 years ago

Hungary closes in on Budapest airport takeover

After years of circling Hungary's main airport, Prime Minister Viktor Orban finally declared the state’s intention to purchase Budapest Liszt…

3 years ago

Four-star general nominated to head Romania’s government

Romanian president Klaus Iohannis has designated his country's interim defence minister, Nicolae Ciuca, as prime minister to form Romania's new…

3 years ago

OTP Bank, Hungary government team up for ‘supercomputer’ project

Hungary's Ministry of Innovation and Technology and Hungary's largest commercial bank OTP will collaborate to create Europe’s largest supercomputer, minister…

3 years ago

Latvia reimposes lockdown as COVID rips through Baltics and Balkans

Latvia has announced a month-long COVID lockdown after a surge in infections and hospitalisations, becoming the first EU country to…

3 years ago

Czech startup raises over USD 100m in record “Series A” venture capital round

Czech start-up Rossum will receive USD 100 million in venture capital from a consortium - including General Catalyst, one of the…

3 years ago

Czech legislators plan power transfer, as Zeman unable to perform presidential duties

Czech President Milos Zeman - who was hospitalised on 10 October, the morning after the general election - remains incapable…

3 years ago

There is little alternative to Russian gas for Eastern Europe – Hungary signs 10+5-year deal

Russian state-owned Gazprom and Hungarian energy group MVM signed a ten-year gas-supply agreement at the end of August. Under the deal,…

3 years ago