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...
V4 & Romania
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...
Gov’t interventions see Poland, Slovenia, Hungary buck H1 electricity bills trend
Household electricity prices rose year-on-year in the first half of 2022, from EUR 22 per to EUR 25.30 per 100 kWh...
Hungary, Georgia discuss ‘major new energy cooperation’
Hungarian Prime Minister Viktor Orban and Georgian Prime Minister Irakli Garibashvili signed a strategic partnership agreement and discussed responses to the...
Taiwan invests in CEE, as Lithuania opens trade office in Taipei
The tensions around the burgeoning relations between Taiwan and Central and Eastern Europe (CEE) will be on the agenda when US...
Eurowag to expand CEE network with Inelo buyout
Czech-founded WAG Payment Solutions PLC announced on Tuesday that it has agreed to fully acquire Grupa Inelo SA, a leading fleet...
Romania blames Hungary for Schengen deficit
Romanian lorry drivers urged their government to “relentlessly lobby” for the country to join the Schengen zone on Monday, asserting that...
Moody’s forecasts CEE growth in 2022, amid soaring inflation
The loan-book performance of banks in Central and Eastern Europe (CEE) is set to worsen as interest rate hikes take their...
Bulgaria, Romania edge towards Schengen membership, as MEPs express overwhelming support
MEPs backed Bulgaria and Romania joining the Schengen zone in the coming months by an overwhelming margin on Tuesday. Of the 639...
Romanian auto industry rallies to surpass pre-pandemic levels in first nine months
Passenger car production was up 21.2% year-on-year, to 381,971 units, in Romania in the first three quarters of 2022, according to figures...
Romania rolls out strategy for solar, wind power
The Romanian Energy Ministry has launched a renewable energy tender call worth EUR 457.7mn for projects totalling 950MW capacity, which will...
Qatar to open embassy in Czech capital
Czechia and Qatar signed bilateral agreements on Wednesday, as the Gulf state announced that it will open its first embassy in...