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 World...
V4 & Romania
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. The...
NATO plans to bolster defences in east, says Sec-Gen Stoltenberg
NATO leaders will formulate plans to bolster its eastern flank across Central and Eastern Europe at a summit in Madrid in...
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. After...
EU deducts unpaid fines from payment to Poland
The Polish Finance Ministry confirmed on Thursday that the European Commission (EC) has paid Poland EUR 30 million less in EU...
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 told...
Orbán wins big in Hungarian election
Hungarian Prime Minister Viktor Orbán secured his fourth consecutive term with a landslide victory in Hungary's national elections on Sunday. Orbán’s...
Warsaw gets serious about eliminating Russian energy imports
Poland adopted draft legislation on Wednesday to prohibit coal imports from Russia. In its efforts to move away from all Russian...
Hungary postpones Visegrad 4 Summit after Czechia, Poland reps refuse to attend
Hungary cancelled a scheduled summit of defence ministers from the Visegrad 4 (“V4”) group of EU member states - Czechia, Hungary,...
US will honour “sacred obligation” to NATO allies, says Biden
In a speech closing his visit to Poland, US President Joe Biden reassured NATO allies in Central and Eastern Europe that...
NATO Summit to decide on troop deployments in Bulgaria, Hungary, Romania, Slovakia
NATO representatives meeting on Thursday will consider boosting the strength of the defence alliance’s eastern flank even further given Russia’s ongoing...
Using chemical weapons would have “far-reaching consequences”, warns NATO chief
Russian forces using chemical weapons in Ukraine would not only be a violation of international law, but have “far-reaching consequences”, warned...
Bulgaria, Lithuania, Poland look to reduce dependence on Russian sources of energy
Efforts to reduce dependency upon Russian sources of energy within countries in Central and Eastern Europe have taken on a new...
NATO troops arrive to Slovakia to deploy US-made Patriot air defence systems
NATO troops have begun arriving at the Sliac military base in Slovakia to deploy US-made “Patriot” anti-missile defence systems in various...
Lavrov calls arms supplied to Ukraine a “legitimate target”
Russia’s Foreign Minister Sergey Lavrov said on Friday that Slovakia providing air defence systems to Ukraine is a no-go, according to...
Czechs contribute EUR 27 million towards armament shipments to Ukraine
Czechia’s Ministry of Defence says 100,000 Czechs have coughed up over EUR 27 million through a crowdfunding campaign which began last...
Zelensky addresses Biden directly, asking him to be “leader of peace”
A theatre sheltering 1,200 civilians in the Ukrainian city of Mariupol was bombed on Wednesday night. An estimated 400,000 residents in...
Conflict at a “crossroads”, could end in April, says adviser to Ukraine’s President
The BBC reported that Russian troops were holding 400 doctors and patients captive in a hospital in the coastal city of...
War in Ukraine deals harsh blow to CEE currencies
While the Hungarian forint was hardest hit, all the currencies of the Central and Eastern Europe (CEE) region are suffering adverse...
Moscow approach to peace talks becoming “more constructive”, says Zelensky representative
Delegations from Russia and Ukraine held a fourth round of peace talks on Monday, aiming for a ceasefire, the withdrawal of...