Tax regime of ‘e-Estonia’ OECD’s most competitive for eighth year running
The three Baltic states - Estonia, Latvia and Lithuania - are all highly competitive in terms of taxes, according to the latest International Tax...
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Hungary’s first fully electric car rolls off the line in Kecskemét
Daimler AG has begun production of a purely electric model, the Mercedes-Benz EQB, at its Mercedes plant in Kecskemét, Hungary. An...
Hungary closes in on Budapest airport takeover
After years of circling Hungary's main airport, Prime Minister Viktor Orban finally declared the state’s intention to purchase Budapest Liszt Ferenc...
Four-star general nominated to head Romania’s government
Romanian president Klaus Iohannis has designated his country's interim defence minister, Nicolae Ciuca, as prime minister to form Romania's new government...
OTP Bank, Hungary government team up for ‘supercomputer’ project
Hungary's Ministry of Innovation and Technology and Hungary's largest commercial bank OTP will collaborate to create Europe’s largest supercomputer, minister Laszlo...
Latvia reimposes lockdown as COVID rips through Baltics and Balkans
Latvia has announced a month-long COVID lockdown after a surge in infections and hospitalisations, becoming the first EU country to reintroduce...
Czech startup raises over USD 100m in record “Series A” venture capital round
Czech start-up Rossum will receive USD 100 million in venture capital from a consortium - including General Catalyst, one of the US’s...
Czech legislators plan power transfer, as Zeman unable to perform presidential duties
Czech President Milos Zeman - who was hospitalised on 10 October, the morning after the general election - remains incapable of...
Russia cuts diplomatic relations with NATO
Russia has announced that it will suspend its NATO mission in Brussels after the western military alliance expelled eight employees for...
There is little alternative to Russian gas for Eastern Europe – Hungary signs 10+5-year deal
Russian state-owned Gazprom and Hungarian energy group MVM signed a ten-year gas-supply agreement at the end of August. Under the deal, effective...
Czech government could sink millions into ‘Three Seas’ waterway project
After years of non-engagement, the outgoing Czech Prime Minister Andrej Babis appears to have discovered a new-found enthusiasm for the "Three...
V4 vie to attract VW battery plant
Volkswagen will decide on the location of a new battery cell plant in Central and Eastern Europe in the first half...
Mayor Peter Marki-Zay wins primary vote to run against PM Orban in spring 2022
Peter Marki-Zay, the 49-year-old conservative mayor of Hodmezovasarhely, south Hungary, was announced as the winner of the Hungarian opposition primaries on...
CEE capitals becoming ‘victims of own success’
Slovakia's capital city Bratislava is having difficulty getting EU funding after the rapid rise in its GDP per capita in recent...
Rising bills bring extra bite to Baltic winter
For the citizens of Estonia, Lithuania and Latvia, the signs are ominous. As the Baltic countries look ahead to rising Covid-19...
Estonia first in Europe for house price rises since 2010, as CEE dominates top ten list
House prices have more than doubled in Estonia and Hungary over the last decade, according to a Eurostat survey that puts...
Bulgarians not enthusiastic about Euro
Around 58% of Bulgarians oppose adoption of the Euro as their country's currency, according to a poll conducted by Trend Agency....
President Zeman in hospital, Czechia in limbo
Czech politics is currently in a state of paralysis after President Milos Zeman was hospitalised on election weekend. The head of...
Hungary scraps plans to buy neighbors’ agricultural land
Hungary has decided against a plan to expand the country's ownership of agricultural land in some of its neighbors like Slovakia,...
Ciolos steps in to fill Romania’s power vacuum
President Klaus Iohannis has invited Save Romania Union (USR) leader Dacian Ciolos to form a government in Romania, which is in...