CEE insurance sector grows by over 10%
The Central and Eastern Europe (CEE) insurance market reached a total of EUR 12.5bn by the end of the first quarter...
Romania
Romanian minister unpacks ‘austerity plan’
Romania's Finance Minister Marcel Bolos said he is introducing prudent spending measures to put the country on a development path, despite...
Poland rapidly emerging as CEE powerhouse, top UK researcher reports
The emerging economies of Central and Eastern Europe (CEE) are closing in on their Western neighbours thanks to the emergence of...
Romania hikes inflation forecast
The National Bank of Romania (BNR) revised upward, to 7.5% its inflation prognosis for the end of this year on Wednesday,...
New roads means more infrastructure for Romania
Romania has signed a RON 562.61mn (EUR 106.64mn) construction contract for a road connecting the Autostrada Transilvania (A3) and the DN1...
Danube bridge transforms Romania’s road network
The opening of the Braila road suspension bridge puts Romania into the category of countries with leading road infrastructure, Romanian Road...
Hungary tops EU inflation list for June
The top 11 inflation rates in the EU were in Central and Eastern Europe (CEE) countries in June 2023, according to...
Romania’s top banker – ‘close tax loopholes’
National Bank of Romania (BNR) chief economist Valentin Lazea warned that the country’s ballooning deficit could make it "the next candidate...
CEE needs to prioritise climate plans – report
Central and Eastern European (CEE) countries may hinder the EU's ability to meet its climate goals, according to campaigners who are...
Romania polls lowest consumer prices in EU, followed by Bulgaria, Poland
Romania last year recorded the EU’s lowest level of prices for consumer goods and services in households, 42% below the EU...
Austria, Estonia, Croatia high on organic farmland rankings
Austria (26%) and Estonia (23%) had the EU’s highest proportions of organic land within their total utilised agricultural area (UAA) in...
New Romania PM underlines support for NATO, vows to cut inflation to single digits
Incoming Romanian Prime Minister Marcel Ciolacu stressed the importance of the EU and NATO, on Thursday, 15 June, in his first...
New airport to open in Romania this week
Romania will inaugurate its first new airport in over 50 years this week, with the goal of serving over one million...
Poland EU’s best performing economy in Q1
Poland outstretched all of its EU peers for growth in the first quarter of 2023, the bloc's official statistics office Eurostat...
EU youth unemployment lowest since 2009
Only 4.48 million EU citizens aged 15 to 29 found themselves unemployed last year, according to the latest data from the...
Europe playing catch-up with China in ‘battery battle’ – Romanian economy minister
"Romania, and Europe, have lost the battle with China in certain segments, such as battery production, but we are trying to...
Electric cars overtake diesel in Romania
Electric and hybrid cars are gaining ground in Romania, as the segment represented over 20% of all new cars sold in...
Romania loosens surplus tax on OMV Petrom
Romanian President Klaus Iohannis promulgated the revised law that lays down a "solidarity contribution" from the “excessive profits” of energy companies,...
Czechia, Hungary, Estonia top for employment in CEE – Eurostat report
Estonia had the highest employment rate in Central and Eastern Europe (CEE) of 81.9% in 2022, according to the recently released...
Romanian farmers hold nationwide protest
Farmers are organising protests across Romania on Friday 7 April to express dissatisfaction with the European Commission (EC) approach market distortions...