Hungary’s Oriens fund buys another Czech retail chain
Hungarian investment holding Oriens is fast becoming a major player in Czech retail, Slovak business daily Hospodarske Noviny (HN) reports. Oriens...
Czech Republic
EU youth unemployment lowest since 2009
Only 4.48 million EU citizens aged 15 to 29 found themselves unemployed last year, according to the latest data from the...
A new sector emerges in CEE, as companies anticipate compulsory ESG reports
Having committed to becoming the first climate-neutral continent by 2050, the EU faces a major challenge and companies will have to...
Czech govt unveils austerity package
The Czech government announced "Czechia in Shape", a new tax package to reduce the state budget deficit on Thursday 11 May....
EU law will fast-track arms making in Europe, von der Leyen announces in Prague
The European Commission (EC) will propose a law to speed up weapons production in Europe, EC President Ursula von der Leyen...
Czechia, Hungary, Estonia top for employment in CEE – Eurostat report
Estonia had the highest employment rate in Central and Eastern Europe (CEE) of 81.9% in 2022, according to the recently released...
Czechs right to opt out of Ukraine farm ban – analysts
Agriculture Minister Zdenek Nekula is right when he says Czech farmers are overplaying the role of Ukrainian wheat on their current...
Pavel wants Czechs to play key role in Western response to resurgent China
Czech President Petr Pavel called for a "joint and balanced" strategy between the US, Europe, and other democracies to address China’s...
Investment group PPF buys Czech telco Nej.cz in billion-dollar deal
Czechia’s largest investment group PPF has acquired internet and television content provider Nej.cz from billionaire Karel Prazak’s Kaprain group. PPF made...
Croatia tops European tourism poll
Croatia had the highest share of tourism in total gross value added (GVA) at 11%, EU statistics office Eurostat finds in...
CEE leaders say EU may need to reintroduce farm tariffs on Ukraine
Romania, Poland, Hungary, Bulgaria and Slovakia expressed concern in a letter to the European Commission (EC) on Friday over an "unprecedented"...
Mixed prospects in region for pay-TV industry, new research finds
The number of pay TV subscribers in Eastern Europe will decline by 8mn from its peak of 81mn in 2018, to...
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 announcement...
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 on...
Pavel not hopeful on Ukraine victory this year
Ukrainian President Volodymyr Zelenskyy urged the Western world to send more help when he opened the Munich Security Conference (MSC) from...
Pavel calls for unity after landslide in Czech presidential elections
Retired General Petr Pavel, a former senior NATO commander, won the Czech presidency in a record-breaking victory over former prime minister...
US moves into CEE arms market – CET analysis
Geopolitics is leaving its mark on the arms race in Central and Eastern Europe (CEE). Countries are drifting further away from...
CEE plans thousands of miles of high-speed rail
Railway infrastructure managers from Czechia, Poland and the Baltics signed a memorandum of understanding (MOU) in connection with building almost 2,800...
Estonia top for digital banking usage in 2022, while Romania lags – Eurostat report
More people in Estonia use online banking services than anywhere else in Central and Eastern Europe (CEE), according to a new...
Ex-NATO official edges Babis to move into pole position for Czech presidency
Retired General Petr Pavel will face ex-prime minister Andrej Babis in Czechia’s presidential runoff vote after narrowly beating him into second...