Serbia gets its biggest ever EU grant for Belgrade-Nis rail revamp

2 years ago

Serbia is set to receive a EUR 600mn handout from the EU towards its around EUR 2.2bn reconstruction of the 230km…

Orban slams EU for withholding funds for Hungary, Poland

2 years ago

Hungarian Prime Minister Viktor Orban criticized the EU for imposing new sanctions instead of providing assistance and for depriving Hungary…

Pavel not hopeful on Ukraine victory this year

2 years ago

Ukrainian President Volodymyr Zelenskyy urged the Western world to send more help when he opened the Munich Security Conference (MSC)…

EU goes legal with Poland over rule of law

2 years ago

The European Commission (EC) has referred Poland to the Court of Justice of the European Union (CJEU) for violating EU…

Moldova closes airspace, accuses Russia of coup plot

2 years ago

Moldova shut down its airspace for three hours on Tuesday, 14 February, one day after the country’s head of state…

Hungarian ‘megabank’ gets green light

2 years ago

A new Hungarian bank is set to emerge from the merger of MKB Bank and Takarekbank as overseen by Magyar…

Moldovan defence advisor set to become PM

2 years ago

Dorin Recean, a pro-Western defence expert and former interior minister, is expected to become Moldova's new prime minister after receiving Parliament's approval…

Joint letter says Russian assets should rebuild Ukraine

2 years ago

Leaders from the Baltic nations and Poland have called for the utilization of approximately EUR 300bn worth of assets from…

US okays massive arms deal with Poland

2 years ago

The Polish government received approval from the US State Department for a potential USD 10bn weapons deal aimed at modernising…

EU widens embargo on Russian diesel, oil

2 years ago

The European Union expanded its ban on Russian diesel fuel and refined oil products with immediate effect on Sunday 5…

Hungary bails out steelmaker Dunaferr

2 years ago

Hungarian Prime Minister Viktor Orban met with a working group aiming to save the indebted steel company Dunaferr on Wednesday,…

OTP snaps up Slovene bank, plans merger to create market leader

2 years ago

OTP Bank has been cleared by Slovenian Competition Protection Agency (AVK) to acquire Nova Kreditna Banka Maribor (NKBM), Slovenia's second…

Estonia tops TI’s Corruption Perceptions Index in CEE, Hungary bottom

2 years ago

So often the exemplar in Central and Eastern Europe (CEE), Estonia has been named the region’s most transparent country in…

Pavel calls for unity after landslide in Czech presidential elections

2 years ago

Retired General Petr Pavel, a former senior NATO commander, won the Czech presidency in a record-breaking victory over former prime…

Credit rating agencies Fitch, S&P, demote Hungary

2 years ago

Standard & Poor’s (S&P) downgraded Hungary's credit rating by one step to the lowest investment grade of BBB- on Friday,…

EC approves huge stimulus package for West Balkan renewable energy, competitiveness, digital

2 years ago

The European Commission (EC) on Wednesday endorsed a package of 24 guarantee programmes worth EUR 2.4bn to support investments in…

CEE countries ask EU to fund Azeri gas pipelines

2 years ago

Romania, Bulgaria, Hungary and Slovakia have jointly requested EU funding to develop the necessary infrastructure to support increased gas supplies…

US moves into CEE arms market – CET analysis

2 years ago

Geopolitics is leaving its mark on the arms race in Central and Eastern Europe (CEE). Countries are drifting further away…

Bulgaria faces fifth election in two years, as pro-Kremlin Socialists fail to form gov’t

2 years ago

Bulgaria is preparing for a new general election in the spring, following the failure of the country's Socialist Party to…

CEE plans thousands of miles of high-speed rail

2 years ago

Railway infrastructure managers from Czechia, Poland and the Baltics signed a memorandum of understanding (MOU) in connection with building almost…