Moody’s forecasts CEE growth in 2022, amid soaring inflation

2 years ago

The loan-book performance of banks in Central and Eastern Europe (CEE) is set to worsen as interest rate hikes take…

Bulgaria, Romania edge towards Schengen membership, as MEPs express overwhelming support

2 years ago

MEPs backed Bulgaria and Romania joining the Schengen zone in the coming months by an overwhelming margin on Tuesday. Of the…

Romanian auto industry rallies to surpass pre-pandemic levels in first nine months

2 years ago

Passenger car production was up 21.2% year-on-year, to 381,971 units, in Romania in the first three quarters of 2022, according to…

CE Digital Payments Summit 2022: Digitalization key in volatile economic times

2 years ago

Reading Time: 2 minutes Organized by Mastercard for the second year in a row, the Central Europe (CE) Digital Payments…

Romania rolls out strategy for solar, wind power

2 years ago

The Romanian Energy Ministry has launched a renewable energy tender call worth EUR 457.7mn for projects totalling 950MW capacity, which…

Qatar to open embassy in Czech capital

2 years ago

Czechia and Qatar signed bilateral agreements on Wednesday, as the Gulf state announced that it will open its first embassy…

Forint recovers as Gazprom grants Hungary gas payment deferral

2 years ago

The forint rebounded against both the US dollar and euro late Monday, on news that Russian-state-run energy company Gazprom has…

Pro-NATO PM wins Latvian election, as ethnic-Russian voters shun pro-Kremlin parties

2 years ago

Latvia’s ruling centre-right party Jauna Vienotiba (New Unity) was the clear winner in the country’s general elections at the weekend…

Forint slumps to all-time lows against euro, dollar

2 years ago

As national currencies shed value across Central and Eastern Europe (CEE) on Thursday, the Hungarian forint fell hardest, to historic…

Poland opens Baltic Pipe, as other pipelines wrecked in dramatic day for CEE energy

2 years ago

Polish officials symbolically commissioned the Baltic Pipe natural gas pipeline with Norway on Tuesday, a day that turned out to…

VW floats idea of CEE exit

2 years ago

German carmaker Volkswagen (VW) may close its plants in Central and Eastern Europe (CEE) if the natural gas shortage persists…

‘The Chinese always have a multi-layered approach’ – CEPA expert Tamas Matura talks China in CEE with CET

2 years ago

Hungarian Sinologist Tamas Matura argued in his recent report for CEPA that China wields little influence in Hungary, despite the…

Onsemi invests USD 450mn in semi-conductor foundry in Czechia

2 years ago

Onsemi inaugurated the expansion of its silicon carbide (SiC) semiconductor fabrication plant in Roznov, east Czechia, on Wednesday. The USD…

Slovenia agrees on EUR 3.26bn funding strategy with European Commission

2 years ago

Slovenia will receive 3.26 billion euros in EU funding via a partnership agreement, the details of which it finalised with…

EC backs withholding EUR 7.5bn from Hungary

2 years ago

The European Commission (EC) recommended the rescinding of 7.5 billion euros worth of cohesion funds from Hungary on Sunday, unless…

Polish energy giant PKN Orlen mulls purchase of German refinery

2 years ago

Polish refiner PKN Orlen is considering buying a majority stake in the PCK Schwedt refinery in north-east Germany, which until…

As Ryanair suspends CEE flight routes, Aeroexpress mulls new services

2 years ago

Ryanair CEO Michael O'Leary said his budget airline has no plans to withdraw from Hungary but will cease some services…

MEPs to vote on rule of law in Hungary, as EC mulls next move on suspended funds

2 years ago

As the September 21 deadline approaches, leaders in Brussels are split on whether to finally unlock billions of euros that…

Batteries are powering CEE’s e-mobility transition – CET analysis

2 years ago

As the EU accelerates its shift to electric vehicles by outlawing internal combustion engines by 2035, the auto industries in…

Baltic countries to fully ban entry for Russian citizens, while EU plans major restrictions

2 years ago

Lithuania, Latvia and Estonia are finalising coordinated agreements on restricting entry for the Russian citizens with Schengen visas, the three…