Growth in CEE to slow to 3.5% – World Bank
The war in Ukraine is set to inflict twice the amount of economic damage that the COVID-19 pandemic did, the World...
Hungary
Hungarian gov’t-friendly firm buys Sberbank share in Croatia’s Fortenova
Russia's Sberbank has sold its 43% stake in Fortenova to Hungarian-US investment fund Indotek Group, Croatian daily Jutarnji List reported. The...
Orban won by a landslide, but Hungary’s economy is sliding too
The Hungarian Ministry of Finance took the unusual step of issuing a public statement aimed at international investors on Friday. After...
Nuclear plant expansion is on, Hungary PM says, as FM calls sector sanctions ‘a red line’
The EUR 12.5 bn expansion of Hungary’s only nuclear power plant at Paks remains viable, Hungarian Prime Minister Viktor Orban told...
Orbán wins big in Hungarian election
Hungarian Prime Minister Viktor Orbán secured his fourth consecutive term with a landslide victory in Hungary's national elections on Sunday. Orbán’s...
Hungary postpones Visegrad 4 Summit after Czechia, Poland reps refuse to attend
Hungary cancelled a scheduled summit of defence ministers from the Visegrad 4 (“V4”) group of EU member states - Czechia, Hungary,...
NATO Summit to decide on troop deployments in Bulgaria, Hungary, Romania, Slovakia
NATO representatives meeting on Thursday will consider boosting the strength of the defence alliance’s eastern flank even further given Russia’s ongoing...
Using chemical weapons would have “far-reaching consequences”, warns NATO chief
Russian forces using chemical weapons in Ukraine would not only be a violation of international law, but have “far-reaching consequences”, warned...
War in Ukraine deals harsh blow to CEE currencies
While the Hungarian forint was hardest hit, all the currencies of the Central and Eastern Europe (CEE) region are suffering adverse...
No EU sanctions against Russian hydrocarbons, for now
The European Commission said it planned to cut its reliance on fossil fuels from Russia by 2030, reducing dependence on Russian...
Hungary’s Parliament elects country’s first female President
Hungary’s Parliament elected Fidesz Vice President and Family and Youth Affairs Minister Katalin Novak as the country’s next President on Thursday,...
US Vice President’s trip to Poland, Romania overshadowed by fighter jet “debacle”
The Guardian reports that on Wednesday morning US time Vice President Kamala Harris was travelling to Poland, where she’ll meet Poland’s...
Viktor Orban signs off on allowing additional NATO troops to station in Hungary
Hungary will now allow NATO troops to deploy into the west of the country, reversing an earlier stance of not allowing...
Macron warns Putin of his “major mistake”, Ukraine and Russia agree on opening humanitarian corridors
French President Emmanuel Macron spoke to Russia’s President Vladimir Putin by telephone for one-and-a-half hours on Thursday. He told his Russian...
Putin strikes at opportune moment
Though united in their commitment to European and NATO positions on the Russian invasion of Ukraine, Central and Eastern European (CEE)...
“Prove that you are with us,” Zelensky implores Brussels
As a kilometres-long convoy of Russian forces approached the Ukrainian capital, Kyiv, the country's President, Volodymyr Zelensky, gave a powerful video...
EU, NATO providing defensive weapons to Ukraine
As Ukraine’s second largest city, Kharkiv, was heavily bombarded by Russian forces on Monday, European Union foreign policy chief Josep Borrell...
As West tightens screws on Moscow, CEE countries hunker down
On early Friday, Al Jazeera reported that Russian forces had sent missiles into Kyiv and other locations in Ukraine. Stating that...
Central Europe wakes up to full-scale attack on Ukraine
Global news organisations are reporting that Russia launched a full-scale invasion of Ukraine in the early morning hours of Thursday, 24...
Ukraine’s CEE allies denounce Russian incursions
United Nations Security Council members condemned Russia's order to deploy troops to Donetsk and Luhansk after Russian President Vladimir Putin declared...