Eastern Europe

Europe’s drought worst in 500 years – EC report

Slovakia, Hungary, Romania and Moldova were among the European countries most affected by low rainfall rates in the three months…

2 years ago

Lithuanian PM defends decision to permit Russian transits to Kalingrad

Lithuanian Prime Minister Ingrida Simonyte reacted to criticism on Thursday over her country’s acceptance of the transport of civilian-use goods…

2 years ago

Hungary declares energy emergency

The Hungarian government declared a state of emergency and ditched its flagship policy of subsidising domestic utility bills on Wednesday,…

2 years ago

Hungary to levy windfall taxes on banking, energy, telcos, airlines, retail, pharma, ads

Hungarian Prime Minister Viktor Orban announced that banks, insurance companies, retail chains, energy firms, telcos and airlines in Hungary will…

2 years ago

Metals illustrate difficulty of decoupling from Russian economy – CET analysis

The US can do without Russian oil, but has been reluctant to give up on its metals. Sanctions against Russian…

2 years ago

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…

2 years ago

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…

2 years ago

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…

2 years ago

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…

3 years ago

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…

3 years ago