Balkan countries

Romania overtakes Hungary on PPP

Romanians have been consuming more than Hungarians, Budapest-based business website Portfolio writes, and now it has become clear why: wages…

8 months ago

IMF report shows CEE catching up on southern European neighbours

Per capita income in Slovenia will surpass that of Italy by 2029 when adjusted for purchasing power (PPP), according to…

8 months ago

North Macedonia president loses big in first election round

No candidate received a majority of votes in the first round of the Presidential elections in North Macedonia on 24…

8 months ago

Westinghouse increasingly central to CEE’s shift from Russian nuclear industry

US nuclear firm Westinghouse Electric Company has signed memorandums of understanding (MOUs) with 17 Bulgarian suppliers to support the construction…

8 months ago

AI will transform Adriatic economies – Microsoft

By 2030 Artificial Intelligence could be contributing as much as 11.5%, or USD 700bn (EUR 6.55bn), to the GDP of…

8 months ago

CEE countries register EU’s highest, lowest inflation

Lithuania had the lowest annual inflation rate of 0.4% in the EU in March 2024, EU official statistics office Eurostat…

8 months ago

Ruling HDZ wins, but fails to secure majority, in Croatian election

The ruling conservative Croatian Democratic Union (HDZ) won the most seats but failed to secure a simple majority in the…

8 months ago

Chinese leader visits Hungary, Serbia in May

Chinese President Xi Jinping will visit Budapest, Hungary and Belgrade, Serbia, at the beginning of May. After a trip to France from…

8 months ago

CEE members mark accession anniversaries as NATO vows to back Ukraine

NATO Secretary General Jens Stoltenberg agreed to progress with planning a greater role in coordinating aid to Ukraine on the…

9 months ago

Bulgaria, Romania part-join Schengen zone

Romania and Bulgaria partly entered the Schengen free movement zone at midnight Sunday, 31 March, meaning air travel and freight,…

9 months ago