CEE countries react to EU plan to completely phase out Russian oil

There were mixed messages from Central and Eastern Europe (CEE) on Wednesday, when the European Commission (EC) announced plans for…

Press Freedom Index singles out Moldova, Bulgaria as promising media landscapes

Estonia has the healthiest media environment in Central and Eastern Europe (CEE) according to the Reporters Sans Frontiers/Reporters Without Borders…

EU may excuse Hungary, Slovakia from oil ban

The European Commission (EC) may allow Hungary and Slovakia to opt out of the Russian oil embargo currently being drawn…

EU initiates rule of law process against Hungary

The European Commission (EC) has activated against Hungary a “rule of law mechanism” that links alleged corruption to provision of…

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Energy expert ousts Jansa in Slovenia vote

Political newcomer Robert Golob promised to restore “normality” to Slovenian politics after his environmentalist Freedom Movement won 34.6% of the vote…

Croatia’s aviation industry most resilient in EU

The commercial flight numbers of several Central and Eastern European (CEE) countries are closing in on their pre-pandemic levels faster…

• Economy

Growth in CEE to slow to 3.5% – World Bank

The war in Ukraine is set to inflict twice the amount of economic damage that the COVID-19 pandemic did, the…

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Hungarian gov’t-friendly firm buys Sberbank share in Croatia’s Fortenova

Russia's Sberbank has sold its 43% stake in Fortenova to Hungarian-US investment fund Indotek Group, Croatian daily Jutarnji List reported.…

• Economy

Orban won by a landslide, but Hungary’s economy is sliding too

The Hungarian Ministry of Finance took the unusual step of issuing a public statement aimed at international investors on Friday.…

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Nuclear plant expansion is on, Hungary PM says, as FM calls sector sanctions ‘a red line’

The EUR 12.5 bn expansion of Hungary’s only nuclear power plant at Paks remains viable, Hungarian Prime Minister Viktor Orban…