Romania, Hungary sign deal to lay world’s longest electricity cable
Hungary and Romania were among the four signatories of an agreement to construct a 1,100km (685 mile) power line under the...
V4 & Romania
Hungary, EU agree conditional release of disputed funds
The Council of the European Union adopted legislation Friday on releasing funds for Hungary’s EUR 5.8bn Recovery and Resilience Facility (RRF)...
Eight CEE countries push for ‘significantly lower’ EU gas price cap
A total of eight Central and Eastern European (CEE) countries have co-signed a paper with four other EU member states that...
EU clears path for EUR 18bn loan to Ukraine
Next year the EU will provide Ukraine with EUR 18bn, circumventing Hungary's veto, the Council of the European Union announced on...
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...
PMs discuss new Slovenia-Hungary gas link
Slovenian Prime Minister Robert Golob and Hungarian Prime Minister Viktor Orban have discussed building a pipeline to transit Algerian gas when...
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...
Croatia plans partial Sunday shopping ban
Croatia has decided to introduce compulsory shop closures on Sundays, Croatian Employment and Family Minister Marin Piletic told reporters after 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,...
EU moves to freeze Hungary funds, but real picture more nuanced
The European Commission (EC) opened the possibility for EU national leaders to punish Hungary in an upcoming vote on funding suspensions, on...
Last chance for Hungary on EU funding
Hungary could lose billions of euros from its Recovery and Resilience Facility (RRF) funding entitlement after the European Commission (EC) decided...
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?”...
EC warns Slovakia to review 2023 budget or risk losing Covid-recovery funding
The European Commission (EC) told Slovakia on Tuesday to include spending limits in its state budget or risk endangering the EUR...
Hungary, Ryanair clash over ‘excess profits’
Ryanair’s ongoing dispute with the Hungarian government escalated last week, as the company's CEO dismissed Hungary’s revisions to its aviation tax...
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...
Poland grants Ukraine access to disaster site, after two citizens killed by missile
The death of two men at the hands of a missile on farmland in the Polish village of Przewodow sparked fears...
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...
EC to decide on Hungary funding by end of month
Hungary will find out whether it will receive its EUR 7.2 bn pandemic recovery fund payment on 22 November, Bloomberg reports,...
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...
Romania secures EUR 650mn factory investment as Nokian Tyres looks to replace Russian output
Nokian Tyres will build a EUR 650mn passenger car tyre factory in Oradea, western Romania, creating around 500 jobs, it announced...