CEE gets EU funds for cross-border 5G
The EU has selected seven projects to co-fund 5G transport corridors connecting regions throughout Europe, improving road, rail, inland waterways, and...
V4 & Romania
Fico calls Ukraine ‘frozen conflict’
Slovak Prime Minister Robert Fico has reiterated his stance that Russia's war with Ukraine is insoluble, stoking fears that he could...
Czechia upped to stable rating, after delinking from Russian gas
US rating agency Moody's Investors Service has increased its outlook for Czechia from negative to stable, meaning a rating deterioration is...
Pfizer sues Poland over vaccine deal
US pharmaceutical firm Pfizer has initiated legal proceedings against the Polish government, asserting that it failed to fulfil payment obligations for...
Bulgaria last in EU for recycling computers
Bulgaria placed bottom in the EU for recycling disused ICT devices, in a survey conducted in 2022 by EU official statistics...
Hungary may receive billion euros from EU
The European Commission (EC) proposed a shortcut for Hungary to nearly EUR 1bn from its revised national recovery plan on Thursday...
‘No new taxes’ as Romania cracks down on evasion
Romania will not levy new taxes next year, Romanian Prime Minister Marcel Ciolacu pledged on Thursday 16 November, with parliamentary elections...
CEE inflation eases, but V4 still EU outliers
Hungary remained the EU's most inflationary economy with an annual rate of 9.6% in October, an EU statistics office Eurostat report released Friday...
Shake up at strategic Hungary telco 4iG
Hungarian operator 4iG Group revealed a plan to streamline operations and bring in external investors to raise the overall value of...
Poland faces ‘IT crisis’ from abroad
The number of ICT industry offers decreased by as much as 43% in the first half of 2023, according to the...
MOL to start lithium mining in Hungary
Confirming the preliminary expectations, Hungarian energy giant MOL announced in the summer that it will start mining lithium, local business website...
Auto sector slides down large company list – Coface CEE Top 500 study
Automotive and Transport has dropped to third place amongst large companies in CEE, as business sectors of Central and Eastern European...
Moment of truth for Orban – ING’s report on Poland, Czechia, Romania, Hungary
Central and Eastern Europe (CEE) is becoming increasingly diversified, ING Bank writes in a new report on Poland, Czechia, Romania and...
VW suspends plan for EV gigafactory in CEE
Volkswagen is putting its plans to construct a new electric vehicle (EV) "gigafactory" in Central and Eastern Europe (CEE) on hold...
Hungary MOU with Huawei angers US
A memorandum of understanding (MOU) signing between Hungary's 4iG and China’s Huawei, both controversial companies close to their respective governments, has...
Slovak PM cancels military aid to Ukraine
Incoming Slovak Prime Minister Robert Fico did not waste time to state his positions on the war in Ukraine when he...
Orban meets Putin, ‘friend’ Xi, at One Belt and Road Forum in China
Chinese President Xi Jinping backed elevating relations with Hungary and after meeting Hungarian Prime Minister Viktor Orban in Beijing, called him a “friend”. ...
Polish election result shakes up CEE
Although Poland's ruling Law and Justice (PiS) received the most votes of any single party at the weekend elections, it was...
Austria, Romania in dispute over multibillion-dollar Black Sea gas field
A gas project off Romania's coast in the Black Sea has become the centre of a dispute between the country and...
Donald Tusk declares victory in Polish elections
In a pivotal national election, Poland's opposition leader, Donald Tusk, has declared victory, signaling the end of the Law and Justice...