Hungary’s energy strategy has left it vulnerable to electricity price speculators – report
Hungary’s electricity market has become a focal point for speculative trading, driven by a combination of renewable energy imbalances and the...
Hungary
CEE secures EUR 1.4bn in AI funding in 2023-24
Central and Eastern Europe (CEE) is a rising force in artificial intelligence (AI) and startups in the region raised EUR 1.4bn...
CEE mulls ramifications of Trump’s victory on trade, defence, environment
As Donald Trump officially declared his victory in the US election, he received congratulations from numerous Central and Eastern Europe (CEE)...
‘Budapest Declaration’ signed as Orban hosts EU summit
European leaders committed to developing a defence industry base and enhancing EU competitiveness at an informal European Council summit in the...
To the victor go the spoils – the big winners and losers of Trump’s second presidency – CET op-ed
Hungarian Prime Minister Viktor Orban, no stranger to political brinkmanship, went all in on Donald Trump's election victory: a win that...
CEE countries take sides in aftermath of Georgia’s disputed election
In the wake of the parliamentary elections in Georgia held on 26 October 2024, international reactions ranged from congratulations to expressions...
CEE sidesteps ‘middle-income trap’ – ING analysis
Central and Eastern Europe (CEE) economies have largely overcome the so-called middle-income trap, but face challenges around sustainable growth and convergence...
CEE’s evolving e-commerce landscape
Central and Eastern Europe (CEE) is catching up with Western Europe for e-commerce, but unique regional challenges and opportunities are shaping...
As EU slaps new tariffs on Chinese BEVs, VW rolls out ‘gamechanging’ electric vehicle
The European Commission (EC) has announced that it will impose additional import tariffs on Chinese battery electric vehicles (BEVs) following a...
MOL inks gas exploration deal in Azerbaijan
Hungary's MOL Group, along with its joint venture partners, has signed commercial agreements to advance the development of significant gas reserves...
CEE braces for further flooding, as Storm Boris wreaks havoc
Polish Prime Minister Donald Tusk declared a state of disaster and confirmed that 1,600 people have been evacuated in Klodzko, south-west...
Hungarian consortium’s purchase of Talgo blocked by Spain on security grounds
The Spanish government has vetoed Hungarian consortium Ganz-MaVag’s attempt to purchase Spanish train manufacturer Talgo, citing national security concerns, local media...
Hungary nears energy deal in wake of Lukoil sanctions – FM
Hungary is rushing to safeguard its energy security following Ukraine's sanctions on Russian oil company Lukoil, and is in active discussions...
Baltics ranked #2 region for internet speed, Eastern Europe #4
In total 6 of 17 countries from Central and Eastern Europe (CEE) made the top 50 for fastest internet speeds, with...
Enlight kicks off Hungary solar project
Enlight Renewable Energy, a prominent player in the green energy sector, began production and sales at its EUR 43.29mn Tapolca solar...
Erste sees moderate economic growth in CEE
Adoption of zero-emission vehicles gaining traction in Central and Eastern Europe (CEE), according to Erste Group's macroeconomic report for August 2024....
Polish PM warns off calls for Hungary ban from Schengen visa-free travel area
Polish Prime Minister Donald Tusk advised caution to European politicians calling for Hungary’s expulsion from the Schengen area, as it could...
Hungary, Slovakia threaten electricity cutoff in tit-for-tat dispute with Ukraine
Central and Eastern Europe (CEE) could be closing in on an energy standoff as Hungary and Slovakia have threatened to restrict...
New EC report assesses rule of law across CEE
The new report on rule of law and governance by the European Commission (EC) gives a mixed picture on Central and...
Hungary secured EUR 1bn loan from China
Hungary has borrowed EUR 1bn (approximately USD 1.1bn) from Chinese banks earlier this year, according to the country's debt management agency,...