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...
V4 & Romania
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...
Estonia first in Europe for house price rises since 2010, as CEE dominates top ten list
House prices have more than doubled in Estonia and Hungary over the last decade, according to a Eurostat survey that puts...
President Zeman in hospital, Czechia in limbo
Czech politics is currently in a state of paralysis after President Milos Zeman was hospitalised on election weekend. The head of...
Hungary scraps plans to buy neighbors’ agricultural land
Hungary has decided against a plan to expand the country's ownership of agricultural land in some of its neighbors like Slovakia,...
Ciolos steps in to fill Romania’s power vacuum
President Klaus Iohannis has invited Save Romania Union (USR) leader Dacian Ciolos to form a government in Romania, which is in...
VW considers V4 countries for battery plant
Germany's VW is planning on building six battery factories in Europe by 2030, and one of those facilities is likely to...
No “Polexit” say protesters in Poland
Protesters chanted "No to Polexit" at pro-EU rallies in Warsaw and across Poland over the weekend after the country's highest court...
Czechs vote out PM Babis
Czechs voted for a conservative shift in last weekend's elections on Friday and Saturday. The conservative coalition SPOLU (“Together”) formed by the...
Exhibition director Tamas Revesz takes CET on a digital tour of World Press Photo 2021
Tamas Revesz has organised the World Press Photo (WPP) exhibition in Hungary - the homeland of Robert Capa and Joseph Pulitzer...
Global microchip shortage hits Czech auto sector
Due to the global shortage of microchips the Czech Republic's biggest exporter, auto manufacturer Skoda, has announced a significant production cut...
Polish court ruling challenges primacy of EU law
Poland's highest court ruled Thursday that some parts of the EU treaties are incompatible with the country’s own Constitution. Prime Minister...
South Korean leader to ink deal in Budapest
The government is currently discussing investments with 14 South Korean companies, Hungarian Foreign Minister Peter Szijjarto said after meeting his opposite...