Croatian authorities launch probe into massive gas-resale scam at INA

2 years ago

A total of five individuals including a top Croatian lawyer and an executive at energy firm INA have been charged…

Polish photovoltaic company Toren acquired by Swiss firm MET

2 years ago

Polish greenfield solar power project Toren Spolka Akcyjna agreed a 100% share purchase agreement with the Swiss-based energy company MET…

Hungary to push on with Paks II project, as nuclear agency issues partial construction permit

2 years ago

Hungary's National Atomic Energy Authority (OAH) has granted a partial licence in connection with the expansion of the country's only…

Poland deal with South Korea represents new era of European defence

2 years ago

Poland will sign executive agreements with The Republic of Korea on Friday to equip the Polish Army with its first…

Bulgaria wavers on pivot back to Russian energy

2 years ago

Bulgaria has resumed discussions with Russian state energy company Gazprom regarding the country's natural gas supplies, interim Energy Minister Rossen…

Europe’s drought worst in 500 years – EC report

2 years ago

Slovakia, Hungary, Romania and Moldova were among the European countries most affected by low rainfall rates in the three months…

Hungary makes giant bid to buy Vodafone

2 years ago

Vodafone Group has agreed to sell its Hungarian subsidiary to the Hungarian state and government-affiliated systems integrator 4iG for HUF…

Greenhouse gases remain below pre-COVID levels in Q1 2022

2 years ago

EU economy greenhouse gas emissions were up year-on-year in the first quarter of 2022, at 1.029 billion tonnes, but were…

Estonia becomes latest CEE country to be targeted by Russian hackers Killnet

2 years ago

Estonia has repelled its most severe hacking attack in 15 years, the government announced on Thursday. The hack of the previous…

Ex Czech PM in crosshairs of French money laundering probe

2 years ago

The French prosecutor's office has opened a money laundering investigation into Andrej Babis’s purchase of luxury property in France through…

Chinese market leader CATL to build EUR 7.6bn battery plant in Hungary

2 years ago

The world’s largest battery maker, China’s Contemporary Amperex Technology (CATL), has agreed to build a three trillion forint (EUR 7.6bn)…

EU member states split over strictness of visa policy for Russians – CET analysis

2 years ago

After months of deliberation, Estonia banned Russian citizens with tourist visas from entering its territory on Thursday, effective as of…

Russian oil deliveries to CEE resume after MOL intervention ends week-long stasis

2 years ago

Crude oil flows to Hungary, Slovakia and Czechia will recommence after Hungarian energy firm MOL paid the August transit fee…

As CEE energy costs soar, IMF says customers should pick up the bill

2 years ago

The International Monetary Fund (IMF) has recommended that European governments let consumers bear the brunt of rocketing domestic energy bills,…

Estonia top CEE country on EU’s digital progress tracker

2 years ago

Estonia is top in Central and Eastern Europe (CEE) and seventh in the EU as a whole in the new…

Hungary’s ‘race to the bottom’ currency policy comes under fire – CET analysis

3 years ago

Hungary's currency, the forint, has in recent weeks plumbed all-time lows against the euro. Although currencies are dropping across Central…

Bulgaria appoints interim PM, calls October election

3 years ago

Bulgarian voters are set to go to the polls for the fourth time in two years after President Rumen Radev…

Hungary makes energy crisis plans

3 years ago

The Hungarian government unveiled a number of energy-related measures at the weekend, in response to soaring prices and an impending…

Poland to ink multi-billion military supply deal with South Korea

3 years ago

South Korean defence manufacturers will sign contracts worth EUR 7.53bn with Poland before the end of the month, The Korea…