CEE secures EUR 1.4bn in AI funding in 2023-24
Central and Eastern Europe (CEE) is a rising force in artificial intelligence (AI) and startups in the region raised EUR 1.4bn...
Bulgaria
PKN Orlen CEE’s top firm on Coface 500 list
Poland is the dominant country in the Central and Eastern Europe (CEE) business landscape, with 184 companies listed among the region's...
Estonia dominates top-30 regional startup list
A new list spotlighting the fastest-growing startups in Central and Eastern Europe (CEE) shows Estonia as the clear leader in the...
Bulgarian election delivers hung parliament
Bulgarian ex-prime minister Boyko Borissov’s conservative, pro-EU GERB (Citizens for European Development of Bulgaria) party garnered approximately 25% of the votes...
CEE’s evolving e-commerce landscape
Central and Eastern Europe (CEE) is catching up with Western Europe for e-commerce, but unique regional challenges and opportunities are shaping...
As Serbia mulls lithium mine, Bulgaria, Slovenia explore sodium-ion as alternative
As tens of thousands of Serbians rally in opposition to the contentious lithium mining project planned by company Rio Tinto in...
New EC report assesses rule of law across CEE
The new report on rule of law and governance by the European Commission (EC) gives a mixed picture on Central and...
Romania tops inflation list, Latvia rate flattens
Romania reported the highest inflation rate in May, of 5.8%, driven by significant increases in housing and utilities prices, according to...
CEE startups secure USD 11.8bn in Q1 despite global decline
Despite an overall downturn, the Central and Eastern European (CEE) start-up scene showed resilience in the first quarter of 2024, when...
Local elections held in parallel with EU ballot in Hungary, Bulgaria, Romania
One-third of the EU-27 member states held local or national elections in tandem with the European Parliament ballot on June 6-9....
Far-right up in polls ahead of EU vote
The EU elections, which will be held from on 6-9 June, involve nearly 400mn voters across 27 countries deciding on 720...
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 were...
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 the...
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 of...
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 Southern...
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 first...
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, and...
Fast rail link to Romania’s busiest airport to open in March
New train services will run from March between Ruse, north-east Bulgaria, and Henri Coanda Otopeni International Airport via Giurgiu, south Romania,...
Albania tops region for sustainable energy mix
The share of renewable sources in gross final energy consumption at the EU level reached 23% in 2022, up 1.1 percentage...
Austria softens on Romania, Bulgaria in Schengen
In recent months, Austria's stance on Romania and Bulgaria's Schengen Area accession has been shifting, particularly in terms of air travel....