Poland, Baltics to close off roads to Russia, Belarus, Ukraine deputy minister claims
Ukraine Infrastructure Minister Oleksandr Kubrakov has asked Poland and the Baltic states to close their road links to Russia and Belarus....
EU court clears way for funding cuts over rule of law breaches
The European Union’s top court ruled that it can reduce funds to member states over rule of law concerns, rejecting a...
Mixed prospects in region for pay-TV industry, new research finds
The number of pay TV subscribers in Eastern Europe will decline by 8mn from its peak of 81mn in 2018, to...
Poland, Baltic states meet NATO’s 2% target
NATO's annual report for 2022 reveals that only 7 countries of the 30-country defence alliance met the military spending target of...
Montenegrin president to face new rival in run-off vote after narrow election victory
Montenegrin President Milo Djukanovic took around one-third of the votes in Sunday's presidential election ballot, well below the majority needed to...
Poland to supply Ukraine with fighter jets
Poland will send Ukraine four MiG-29 fighter jets in the coming days, with more to follow later, according to an announcement...
Inflation swallows up pay hikes in Romania
The average net salary in Romania was RON 4,254 (EUR 864) in January 2023, up 15% year-on-year, but down RON 144,...
Hungarian central bank chief repeats criticisms of Orban’s economic policy
Hungarian National Bank (MNB) Governor Gyorgy Matolcsy has once again harshly criticised Hungarian Prime Minister Viktor Orban’s economic policy, business website...
Romanian investments up in 2022 – PM
Net investments in the Romanian economy were 150.1 billion leu (EUR 3.06bn) in 2022, up 8.5% on the previous year, according...
Enel to sell Romanian arm in EUR 1.26bn deal
Enel will sell its Romanian operations to Greek group Public Power Corp (PPC) for EUR 1.26bn, the Italian utility group announced...
VW delays CEE battery plant, as US sweeteners lure firms over the pond
German carmaker Volkwagen (VW) has put on hold its plans to open a battery plant in Central and Eastern Europe (CEE) citing...
Kallas wins big in Estonian election
Estonian Prime Minister Kaja Kallas’s Reform Party (ER) secured both the most votes and most seats ever in a national election...