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...
Czech Republic
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...
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 agreement...
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 he...
Europe’s drought worst in 500 years – EC report
Slovakia, Hungary, Romania and Moldova were among the European countries most affected by low rainfall rates in the three months up...
Estonia becomes latest CEE country to be targeted by Russian hackers Killnet
Estonia has repelled its most severe hacking attack in 15 years, the government announced on Thursday. The hack of the previous day...
Ex Czech PM in crosshairs of French money laundering probe
The French prosecutor's office has opened a money laundering investigation into Andrej Babis’s purchase of luxury property in France through a...
Russian oil deliveries to CEE resume after MOL intervention ends week-long stasis
Crude oil flows to Hungary, Slovakia and Czechia will recommence after Hungarian energy firm MOL paid the August transit fee for...
Corruption not seen as major issue by majority of firms in Poland, Czechia, Austria- Ipsos poll
Corruption is considered a very serious problem by 59% of business leaders in Romania, the highest percentage in the EU, according...
As CEE energy costs soar, IMF says customers should pick up the bill
The International Monetary Fund (IMF) has recommended that European governments let consumers bear the brunt of rocketing domestic energy bills, in...
CEE foreign ministers convene for energy, security talks
Austrian Foreign Minister Alexander Schallenberg said it is extremely important that the EU provide support to Africa, when he and his...
Bruising week for CEE currencies ends with slight rises for zloty, forint, Czech crown
The Czech, Polish and Hungarian currencies all weakened against the major global currencies this week, as recession fears intensified globally, impacting...
CEE urges more time for EU projects
Inflation is endangering EU-funded infrastructure constructions across Central and Eastern Europe (CEE), and affected countries say the European Commission (EC) is...
Croatia set to join the Euro
Croatia has been given the go-ahead to adopt the euro from the start of next year, when it will become twentieth...
Croatia plans for worst case energy scenario
Croatia is currently boosting its own gas security in preparation for next winter, Energy Minister Davor Filipovic announced. By 1 November,...
Hungary leverages over EU oil sanctions
The EU on Monday failed to make headway on finalising a sixth package of sanctions against Russia in response to its...
EU may compensate CEE countries for hit from Russian oil embargo
The European Commission (EC) could channel funds to countries in Central and Eastern Europe (CEE) to help reduce their dependence on...
Czechia takes up Russia’s place at UN special session on Ukraine on Thursday
Czechia will participate in the UN Human Rights Council meeting on Thursday 12 May, after being elected as Russia’s replacement in...