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...
Balkan countries
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...
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 April...
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 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 reports....
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 snap...
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 May...
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...
Serbian turbine deal prompts protectionist EU legislation
The awarding of a turbine tender to China’s Envision Energy by EU applicant Serbia looks to have set the bloc on...
EU green lights Bosnian accession talks
The EU approved the opening of accession negotiations of Bosnia and Herzegovina (BiH), a candidate since 2022, on Thursday, 21 March...
Bosnian accession on EU agenda next week
The EU will recommend that member states open accession negotiations with Bosnia-Herzegovina (BiH), a candidate for membership since 2022, European Commission...
North Macedonia sets May election date
EU candidate country North Macedonia will hold early parliamentary elections on 8 May, the House speaker Jovan Mitreski announced on Wednesday,...
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...
Bulgaria shelves energy tax on Gazprom after pressure from Hungary
The Bulgarian Parliament, with cross-party support, swiftly abolished a special tariff on Russian transit gas this week, after Hungary threatened to...
Vucic wins in Serbia with left alliance SPN second
In the Serbia national parliament election, the right-of-centre SNS (EPP)-led multiparty alliance, led by Aleksandar Vucic was leading with 46.3% on...
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....
Serbia to chair CEFTA trade group next year
Serbia will head up the Central European Free Trade Agreement (CEFTA) in 2024 and boost regional connectivity and trade relations to...