Balkan countries

Croatian authorities launch probe into massive gas-resale scam at INA

A total of five individuals including a top Croatian lawyer and an executive at energy firm INA have been charged…

3 years ago

Polish photovoltaic company Toren acquired by Swiss firm MET

Polish greenfield solar power project Toren Spolka Akcyjna agreed a 100% share purchase agreement with the Swiss-based energy company MET…

3 years ago

Bulgaria wavers on pivot back to Russian energy

Bulgaria has resumed discussions with Russian state energy company Gazprom regarding the country's natural gas supplies, interim Energy Minister Rossen…

3 years ago

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…

3 years ago

Greenhouse gases remain below pre-COVID levels in Q1 2022

EU economy greenhouse gas emissions were up year-on-year in the first quarter of 2022, at 1.029 billion tonnes, but were…

3 years ago

Corruption not seen as major issue by majority of firms in Poland, Czechia, Austria- Ipsos poll

Corruption is considered a very serious problem by 59% of business leaders in Romania, the highest percentage in the EU,…

3 years ago

As CEE energy costs soar, IMF says customers should pick up the bill

The International Monetary Fund (IMF) has recommended that European governments let consumers bear the brunt of rocketing domestic energy bills,…

3 years ago

Bulgaria appoints interim PM, calls October election

Bulgarian voters are set to go to the polls for the fourth time in two years after President Rumen Radev…

3 years ago

As Russia turns off the taps, Hungary negotiates deal to get gas transits wholly via southern TurkStream pipeline

Hungarian Foreign Minister Peter Szijjarto announced Monday that he is in negotiations with Russia’s Gazprom regarding a long-term gas supply…

3 years ago

Croatia to adopt euro next year, as Balkan country clears final hurdles

The EU formally approved on Tuesday Croatia joining the Eurozone on New Year's Day 2023, and proclaimed the development as…

3 years ago