Hungary secures EUR 1.6bn Vodafone purchase

2 years ago

Hungary has finalised a deal to acquire Vodafone Europe’s Hungarian unit for HUF 660bn (EUR 1.6bn) in the largest state…

Baltic inflation ‘canary in the coal mine’ for rest of Europe in 2023

2 years ago

The three Baltic countries are the worst hit by the wave of inflation in Europe, according to the latest flash estimate…

Gazprom failed to make January payment for Czech gas transit, minister confirms

2 years ago

Net4Gas, Czechia's natural gas transmission system operator, had not received its contracted monthly payment from Russian state-owned Gazprom by 4…

Hungary, Poland hope law reforms will see EU unfreeze billions in funding in 2023

2 years ago

The EU last year attempted to address the erosion of perceived democratic norms of the populist governments of Hungary and…

Czech EU presidency hailed as ‘big success’

2 years ago

Czechia received near universal acclaim as it completed its stewardship of the presidency of the Council of the EU, which…

Poland, Baltics opt in on green hydrogen corridor project

2 years ago

The national grid operators of Poland and the three Baltic countries signed a cooperation agreement with their German and Nordic…

Romania, Hungary sign deal to lay world’s longest electricity cable

2 years ago

Hungary and Romania were among the four signatories of an agreement to construct a 1,100km (685 mile) power line under…

Hungary, EU agree conditional release of disputed funds

2 years ago

The Council of the European Union adopted legislation Friday on releasing funds for Hungary’s EUR 5.8bn Recovery and Resilience Facility…

Bosnia, Kosovo, move closer to EU, amid scepticism over lengthy accession process

2 years ago

Bosnia and Herzegovina became an official candidate for EU membership in Brussels on Thursday, as the European Council approved the…

New Latvian coalition focuses on economy, security

2 years ago

The centre-right New Unity party, led by Latvian Prime Minister Krisjanis Karins, finalised a coalition deal with the new centrist…

Eight CEE countries push for ‘significantly lower’ EU gas price cap

2 years ago

A total of eight Central and Eastern European (CEE) countries have co-signed a paper with four other EU member states…

EU clears path for EUR 18bn loan to Ukraine

2 years ago

Next year the EU will provide Ukraine with EUR 18bn, circumventing Hungary's veto, the Council of the European Union announced…

EU green lights Croatia to join Schengen, snubs Bulgaria, Romania

2 years ago

Croatia will become the Schengen zone’s newest member on 1 January, the Council of the EU announced on Thursday, 8 December. Croatia…

PMs discuss new Slovenia-Hungary gas link

2 years ago

Slovenian Prime Minister Robert Golob and Hungarian Prime Minister Viktor Orban have discussed building a pipeline to transit Algerian gas…

Wizz vs Ryanair: which budget airline rules CEE?

2 years ago

Wizz Air will serve 31% more passengers than Ryanair in Central and Eastern Europe (CEE) and the Caucuses this winter, according…

Croatia plans partial Sunday shopping ban

2 years ago

Croatia has decided to introduce compulsory shop closures on Sundays, Croatian Employment and Family Minister Marin Piletic told reporters after…

Orlen moves into Hungary, MOL into Poland, in CEE gas market reshuffle

2 years ago

Orlen Unipetrol, owned by Poland's leading energy company PKN Orlen, will take over 143 petrol stations in Hungary and 39 in…

EU moves to freeze Hungary funds, but real picture more nuanced

2 years ago

The European Commission (EC) opened the possibility for EU national leaders to punish Hungary in an upcoming vote on funding suspensions,…

VC financing of Lithuanian fintech quadruples – FT special report

2 years ago

Venture capital (VC) financiers invested EUR 71mn in Lithuanian fintechs in 2021, up from EUR 18mn in 2020, according to The…

Slovenia ruling coalition defeats right-wing in referendum poll

2 years ago

Slovenia's government saw off a major opposition challenge on Sunday, 27 November, as voters approved three laws in a referendum…