Baltic inflation ‘canary in the coal mine’ for rest of Europe in 2023
The three Baltic countries are the worst hit by the wave of inflation in Europe, according to the latest flash estimate from the...
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Gazprom failed to make January payment for Czech gas transit, minister confirms
Net4Gas, Czechia's natural gas transmission system operator, had not received its contracted monthly payment from Russian state-owned Gazprom by 4 January,...
Hungary, Poland hope law reforms will see EU unfreeze billions in funding in 2023
The EU last year attempted to address the erosion of perceived democratic norms of the populist governments of Hungary and Poland,...
Czech EU presidency hailed as ‘big success’
Czechia received near universal acclaim as it completed its stewardship of the presidency of the Council of the EU, which will...
Poland, Baltics opt in on green hydrogen corridor project
The national grid operators of Poland and the three Baltic countries signed a cooperation agreement with their German and Nordic peers...
Romania, Hungary sign deal to lay world’s longest electricity cable
Hungary and Romania were among the four signatories of an agreement to construct a 1,100km (685 mile) power line under the...
Hungary, EU agree conditional release of disputed funds
The Council of the European Union adopted legislation Friday on releasing funds for Hungary’s EUR 5.8bn Recovery and Resilience Facility (RRF)...
Bosnia, Kosovo, move closer to EU, amid scepticism over lengthy accession process
Bosnia and Herzegovina became an official candidate for EU membership in Brussels on Thursday, as the European Council approved the recommendation...
New Latvian coalition focuses on economy, security
The centre-right New Unity party, led by Latvian Prime Minister Krisjanis Karins, finalised a coalition deal with the new centrist electoral...
Eight CEE countries push for ‘significantly lower’ EU gas price cap
A total of eight Central and Eastern European (CEE) countries have co-signed a paper with four other EU member states that...
EU clears path for EUR 18bn loan to Ukraine
Next year the EU will provide Ukraine with EUR 18bn, circumventing Hungary's veto, the Council of the European Union announced on...
EU green lights Croatia to join Schengen, snubs Bulgaria, Romania
Croatia will become the Schengen zone’s newest member on 1 January, the Council of the EU announced on Thursday, 8 December. Croatia will...
PMs discuss new Slovenia-Hungary gas link
Slovenian Prime Minister Robert Golob and Hungarian Prime Minister Viktor Orban have discussed building a pipeline to transit Algerian gas when...
Wizz vs Ryanair: which budget airline rules CEE?
Wizz Air will serve 31% more passengers than Ryanair in Central and Eastern Europe (CEE) and the Caucuses this winter, according a...
Croatia plans partial Sunday shopping ban
Croatia has decided to introduce compulsory shop closures on Sundays, Croatian Employment and Family Minister Marin Piletic told reporters after a...
Orlen moves into Hungary, MOL into Poland, in CEE gas market reshuffle
Orlen Unipetrol, owned by Poland's leading energy company PKN Orlen, will take over 143 petrol stations in Hungary and 39 in Slovakia,...
EU moves to freeze Hungary funds, but real picture more nuanced
The European Commission (EC) opened the possibility for EU national leaders to punish Hungary in an upcoming vote on funding suspensions, on...
VC financing of Lithuanian fintech quadruples – FT special report
Venture capital (VC) financiers invested EUR 71mn in Lithuanian fintechs in 2021, up from EUR 18mn in 2020, according to The Financial...
Slovenia ruling coalition defeats right-wing in referendum poll
Slovenia's government saw off a major opposition challenge on Sunday, 27 November, as voters approved three laws in a referendum vote...
Last chance for Hungary on EU funding
Hungary could lose billions of euros from its Recovery and Resilience Facility (RRF) funding entitlement after the European Commission (EC) decided...