Hungary falls out with EU, US over its opposition to minimum global tax rate
The Hungarian government said on Monday that it will pass a parliamentary resolution condemning EU criticism of its refusal to participate...
V4 & Romania
Bruising week for CEE currencies ends with slight rises for zloty, forint, Czech crown
The Czech, Polish and Hungarian currencies all weakened against the major global currencies this week, as recession fears intensified globally, impacting...
Hungary leads EU for solar electricity generation
Hungary had the highest proportion of solar technology in its electricity production in the EU last year, according to the Hungarian...
CEE urges more time for EU projects
Inflation is endangering EU-funded infrastructure constructions across Central and Eastern Europe (CEE), and affected countries say the European Commission (EC) is...
Polish ‘train levitation’ firm among six CEE startups to secure EU innovation funding
The European Innovation Council (EIC) will award grants or equity investments of up to EUR 17.5mn to six “high potential” startups...
Plan to disburse over EUR 35bn recovery cash to Poland stings MEPs into action
MEPs are planning to protest the transfer of a EUR 35.4bn EU stimulus package to Poland, arguing that the country has...
Croatia set to join the Euro
Croatia has been given the go-ahead to adopt the euro from the start of next year, when it will become twentieth...
Croatia agrees to expand oil capacity to CEE
Croatia is ready to enlarge the capacity of the Adria oil pipeline as part of a long-term energy cooperation agreement to...
While Slovakia cuts Russian gas, Serbia agrees ‘extremely favourable’ deal with Putin
As Europe attempts a highly complicated manoeuvre to phase out Russian energy, two countries in Central and Eastern Europe (CEE) are...
CEE states urge EU to rebuild Ukraine with seized Russian assets
In a letter to be sent to EU finance ministers, Slovakia, Lithuania, Latvia and Estonia jointly call for frozen Russian assets...
Slovakia to tax Russian-processed oil
The Slovak government approved a proposal to impose an extra import tax on Russian-processed crude oil on Wednesday. The levy would...
Croatia plans for worst case energy scenario
Croatia is currently boosting its own gas security in preparation for next winter, Energy Minister Davor Filipovic announced. By 1 November,...
Poland set to unlock EUR 36bn in COVID recovery funds frozen over dispute – report
The European Commission (EC) is about to release the EUR 36bn Recovery and Resilience Plan (RRP) funds to Poland that were...
Hungary leverages over EU oil sanctions
The EU on Monday failed to make headway on finalising a sixth package of sanctions against Russia in response to its...
EU may compensate CEE countries for hit from Russian oil embargo
The European Commission (EC) could channel funds to countries in Central and Eastern Europe (CEE) to help reduce their dependence on...
Czechia takes up Russia’s place at UN special session on Ukraine on Thursday
Czechia will participate in the UN Human Rights Council meeting on Thursday 12 May, after being elected as Russia’s replacement in...
NATO ups air presence in CEE airspace
NATO has around 30 surveillance and fighter jets in airspace outside of Ukraine and Belarus at any moment according the defence...
Von der Leyen makes surprise visit to Budapest
European Commission President Ursula von der Leyen paid an unexpected visit to Budapest on Monday evening to discuss the EU’s proposed...
EU offers CEE countries extended deadline for Russian oil embargo
The EU has revised its proposal to ban Russia oil imports by the end of 2022, in order to give Hungary...
Romania to host CEE firms at defence expo
Companies from at least nine Central and Eastern Europe (CEE) countries will present their products and services at the upcoming military,...