Slovakia, South Korea sign MOU on aircraft acquisition, as Korean president deepens V4 ties
In conjunction with South Korean President Moon Jae-in’s 9-day tour of Europe, Slovakia and South Korea have inked a memorandum of...
V4 & Romania
Czechia on course for five-party coalition
Czechia looks set to be ruled by a liberal, centre-right coalition after five parties agreed on a joint programme on Tuesday,...
Visiting South Korean president looks to boost business with Visegrad 4
South Korea's president, Moon Jae-in, begins a 9-day tour of Europe this week, ending with a meeting of the regional "Visegrad...
E-cig traders to receive damages for lost earnings
Hungarian entrepreneurs who were left out of pocket due to the nationalisation of tobacconists finally look set to receive compensation for...
China’s Alibaba outdoes Amazon in Eastern Europe
China's Alibaba has high hopes for increasing its slice of the online retail pie in Europe and has plans to use...
China FM tours Europe as Taiwanese diplomat visits Czechia, Slovakia
Chinese Foreign Minister Wang Yi commenced a whistlestop diplomatic tour of Europe yesterday in Greece, where he met his opposite number...
Poland faces daily fine of EUR 1 million per day until it dissolves controversial chamber
The European Court of Justice (ECJ) on Wednesday ordered Poland to pay EUR 1 million on a daily basis for not...
Ex-Croatia PM, MOL chief get jail terms for INA bribery case
Croatia's Supreme Court sentenced MOL chairman-CEO Zsolt Hernadi and the country's former prime minister Ivo Sanader to prison sentences for bribery...
Hungary’s first fully electric car rolls off the line in Kecskemét
Daimler AG has begun production of a purely electric model, the Mercedes-Benz EQB, at its Mercedes plant in Kecskemét, Hungary. An...
Hungary closes in on Budapest airport takeover
After years of circling Hungary's main airport, Prime Minister Viktor Orban finally declared the state’s intention to purchase Budapest Liszt Ferenc...
Four-star general nominated to head Romania’s government
Romanian president Klaus Iohannis has designated his country's interim defence minister, Nicolae Ciuca, as prime minister to form Romania's new government...
OTP Bank, Hungary government team up for ‘supercomputer’ project
Hungary's Ministry of Innovation and Technology and Hungary's largest commercial bank OTP will collaborate to create Europe’s largest supercomputer, minister Laszlo...
Latvia reimposes lockdown as COVID rips through Baltics and Balkans
Latvia has announced a month-long COVID lockdown after a surge in infections and hospitalisations, becoming the first EU country to reintroduce...
Czech startup raises over USD 100m in record “Series A” venture capital round
Czech start-up Rossum will receive USD 100 million in venture capital from a consortium - including General Catalyst, one of the US’s...
Czech legislators plan power transfer, as Zeman unable to perform presidential duties
Czech President Milos Zeman - who was hospitalised on 10 October, the morning after the general election - remains incapable of...
There is little alternative to Russian gas for Eastern Europe – Hungary signs 10+5-year deal
Russian state-owned Gazprom and Hungarian energy group MVM signed a ten-year gas-supply agreement at the end of August. Under the deal, effective...
Czech government could sink millions into ‘Three Seas’ waterway project
After years of non-engagement, the outgoing Czech Prime Minister Andrej Babis appears to have discovered a new-found enthusiasm for the "Three...
V4 vie to attract VW battery plant
Volkswagen will decide on the location of a new battery cell plant in Central and Eastern Europe in the first half...
Mayor Peter Marki-Zay wins primary vote to run against PM Orban in spring 2022
Peter Marki-Zay, the 49-year-old conservative mayor of Hodmezovasarhely, south Hungary, was announced as the winner of the Hungarian opposition primaries on...
CEE capitals becoming ‘victims of own success’
Slovakia's capital city Bratislava is having difficulty getting EU funding after the rapid rise in its GDP per capita in recent...