Statistics Austria sees prosperity in decline

2 months ago

Austria's economy has contracted for the sixth quarter in a row, and there has been an almost continuous decline in…

Czech ministers consider euro adoption

2 months ago

A new report on the pros and cons of euro adoption from the Czech National Economic Council (NERV) warns that…

Romania voids Russia-linked presidential ballot

2 months ago

Romania’s Constitutional Court (CCR) annulled the country’s presidential election on Friday, 6 December after the emergence of evidence of Russian interference…

Forint tumbles after Moody’s downgrade

2 months ago

The Hungarian forint plummeted to a near-historic low against sterling on Monday morning, with a British pound buying HUF 501.5.…

Romanian ruling party wins House elections to stem political crisis

2 months ago

Romania’s ruling centre-left party came first in parliamentary elections, according to preliminary results, one week after the surprise victory of…

Central banker proclaims Romania’s ‘economic miracle’

2 months ago

Romania's GDP per capita, measured in purchasing power parity relative to the EU average, has surged from 25% in the…

Poland world’s biggest gold buyer in Q2, Q3

2 months ago

Poland was the world’s largest gold buyer in the second and third quarters of 2024, and central banks across Central…

New EU Commission readies for pivotal term

2 months ago

European Commission (EC) President Ursula von der Leyen looks set to push through her new team of commissioners and executive…

Poland, Latvia, Lithuania ink drone MOUs with Taiwan

2 months ago

The Taiwanese government-backed drone supply chain alliance on Friday, 15 November signed a memorandum of understanding (MOU) with the Polish-Taiwanese…

Populist surge in Romanian presidential election sees PM humbled

2 months ago

Romania's presidential election race delivered a shock result on Sunday, 24 November, as far-right, pro-Russia independent Calin Georgescu won the…

Incoming Lithuanian PM prioritises defence

2 months ago

Lithuania’s new Prime Minister Gintautas Paluckas plans to increase the country's defence spending to 3.5% of GDP in response to…

Teltonika drops EUR 3.5bn ‘dream’ project in Vilnius

2 months ago

Teltonika has announced it is halting the construction of its EUR 3.5bn High-Tech Hill park in Vilnius over delays in…

Hungary’s energy strategy has left it vulnerable to electricity price speculators – report

2 months ago

Hungary’s electricity market has become a focal point for speculative trading, driven by a combination of renewable energy imbalances and…

EU assesses candidates’ progress in ten country reports

2 months ago

The European Commission (EC) analyses the accession prospects of all ten prospective members of the EU in a new set…

CEE mulls ramifications of Trump’s victory on trade, defence, environment

3 months ago

As Donald Trump officially declared his victory in the US election, he received congratulations from numerous Central and Eastern Europe…

‘Budapest Declaration’ signed as Orban hosts EU summit

3 months ago

European leaders committed to developing a defence industry base and enhancing EU competitiveness at an informal European Council summit in…

EU, South Korea expand security, defence links

3 months ago

The EU and the Republic of Korea formalised a comprehensive Security and Defence Partnership in Seoul, on Monday, 4 November,…

PKN Orlen CEE’s top firm on Coface 500 list

3 months ago

Poland is the dominant country in the Central and Eastern Europe (CEE) business landscape, with 184 companies listed among the…