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…

Estonia top for digital banking usage in 2022, while Romania lags – Eurostat report

2 years ago

More people in Estonia use online banking services than anywhere else in Central and Eastern Europe (CEE), according to a…

Bulgaria, Greece could revive 1990s pipeline project – this time without Russia

2 years ago

A memorandum of understanding (MOU) for the oil pipeline project between Alexandroupolis, east Greece, and Burgas, east Bulgaria, will be signed…

Ex-NATO official edges Babis to move into pole position for Czech presidency

2 years ago

Retired General Petr Pavel will face ex-prime minister Andrej Babis in Czechia’s presidential runoff vote after narrowly beating him into…

Poland emerges as European defence power

2 years ago

As President Vladimir Putin's invasion of Ukraine nears its first anniversary and Russia regroups, the defence sector politics of Central…

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…