Bulgaria shelves energy tax on Gazprom after pressure from Hungary
The Bulgarian Parliament, with cross-party support, swiftly abolished a special tariff on Russian transit gas this week, after Hungary threatened to...
V4 & Romania
Chinese vehicle maker BYD plans plant in Szeged
After months of speculation, Hungarian Foreign Minister Peter Szijjarto announced that China's BYD will build its first electric vehicle (EV) factory...
Polish president vetos media budget after new gov’t takes state TV channel off the air
Polish President Andrej Duda, an ally of the outgoing right-wing populist party Law and Justice (PiS), announced that he will veto...
Ukraine, Moldova become EU accession candidates as Scholz sends Orban out of room for vote
EU leaders voted to begin accession negotiations with Ukraine and Moldova, at a historic summit in Brussels on Thursday 14 December....
Poland applies to join EPPO as Tusk returns
Donald Tusk was elected as Poland’s prime minister as his government won a vote of confidence in the parliament on Tuesday,...
Tusk in wings as Morawiecki exits stage right
Polish Prime Minister Mateusz Morawiecki lost a vote of no confidence on Monday 11 December, effectively marking the end of eight...
Austria softens on Romania, Bulgaria in Schengen
In recent months, Austria's stance on Romania and Bulgaria's Schengen Area accession has been shifting, particularly in terms of air travel....
Budapest holds fourth climate summit
The fourth Budapest Climate Summit on December 4, brought together over 40 speakers from 25 countries to discuss climate change challenges...
Poland’s Political Shift: Donald Tusk Takes the Helm as PiS Bows Out
In a decisive transition, Poland bids farewell to the Law and Justice (PiS) party's tumultuous eight-year reign as Donald Tusk prepares...
Hungary firm buys major stake in Auchan
Hungary’s Indotek Group acquired a 47% stake in the French grocery hypermarket chain Auchan last week. Group founder-owner Daniel Jellinek, one...
CEE gets EU funds for cross-border 5G
The EU has selected seven projects to co-fund 5G transport corridors connecting regions throughout Europe, improving road, rail, inland waterways, and...
Fico calls Ukraine ‘frozen conflict’
Slovak Prime Minister Robert Fico has reiterated his stance that Russia's war with Ukraine is insoluble, stoking fears that he could...
Czechia upped to stable rating, after delinking from Russian gas
US rating agency Moody's Investors Service has increased its outlook for Czechia from negative to stable, meaning a rating deterioration is...
Pfizer sues Poland over vaccine deal
US pharmaceutical firm Pfizer has initiated legal proceedings against the Polish government, asserting that it failed to fulfil payment obligations for...
Bulgaria last in EU for recycling computers
Bulgaria placed bottom in the EU for recycling disused ICT devices, in a survey conducted in 2022 by EU official statistics...
Hungary may receive billion euros from EU
The European Commission (EC) proposed a shortcut for Hungary to nearly EUR 1bn from its revised national recovery plan on Thursday...
‘No new taxes’ as Romania cracks down on evasion
Romania will not levy new taxes next year, Romanian Prime Minister Marcel Ciolacu pledged on Thursday 16 November, with parliamentary elections...
CEE inflation eases, but V4 still EU outliers
Hungary remained the EU's most inflationary economy with an annual rate of 9.6% in October, an EU statistics office Eurostat report released Friday...
Shake up at strategic Hungary telco 4iG
Hungarian operator 4iG Group revealed a plan to streamline operations and bring in external investors to raise the overall value of...
Poland faces ‘IT crisis’ from abroad
The number of ICT industry offers decreased by as much as 43% in the first half of 2023, according to the...