Gazprom failed to make January payment for Czech gas transit, minister confirms
Net4Gas, Czechia's natural gas transmission system operator, had not received its contracted monthly payment from Russian state-owned Gazprom by 4 January,...
Czech Republic
Czech EU presidency hailed as ‘big success’
Czechia received near universal acclaim as it completed its stewardship of the presidency of the Council of the EU, which will...
EU green lights Croatia to join Schengen, snubs Bulgaria, Romania
Croatia will become the Schengen zone’s newest member on 1 January, the Council of the EU announced on Thursday, 8 December. Croatia will...
Wizz vs Ryanair: which budget airline rules CEE?
Wizz Air will serve 31% more passengers than Ryanair in Central and Eastern Europe (CEE) and the Caucuses this winter, according a...
Orlen moves into Hungary, MOL into Poland, in CEE gas market reshuffle
Orlen Unipetrol, owned by Poland's leading energy company PKN Orlen, will take over 143 petrol stations in Hungary and 39 in Slovakia,...
Robotisation spreads in auto-heavy CEE
Robotisation has risen sharply in CEE, according to a new report entitled “How do Economies in EU-CEE Cope with Labour Shortages?”...
V4 meeting pulled as Polish, Czech speakers object to Hungary’s proximity to Russia
The meeting of the parliamentary speakers of the Visegrad Four (V4) countries scheduled for this Friday (25 November) has been cancelled...
Estonia tops tax competitiveness index
For the ninth consecutive year, Estonia has the best tax regime of the Organisation for Economic Cooperation and Development (OECD) countries, according to...
Poland to build two nuclear reactors – Kaczynski announces, with third also possible
"Now we have decided to atomise Polish energy: two nuclear power plants will be built, one in cooperation with the USA...
Gov’t interventions see Poland, Slovenia, Hungary buck H1 electricity bills trend
Household electricity prices rose year-on-year in the first half of 2022, from EUR 22 per to EUR 25.30 per 100 kWh...
Eurowag to expand CEE network with Inelo buyout
Czech-founded WAG Payment Solutions PLC announced on Tuesday that it has agreed to fully acquire Grupa Inelo SA, a leading fleet...
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 their...
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 in...
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 be...
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 beyond...
‘The Chinese always have a multi-layered approach’ – CEPA expert Tamas Matura talks China in CEE with CET
Hungarian Sinologist Tamas Matura argued in his recent report for CEPA that China wields little influence in Hungary, despite the Hungarian...
Onsemi invests USD 450mn in semi-conductor foundry in Czechia
Onsemi inaugurated the expansion of its silicon carbide (SiC) semiconductor fabrication plant in Roznov, east Czechia, on Wednesday. The USD 450mn...
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 have...
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 Central...
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 Baltic...