Inflation soars in the Baltics

2 years ago

Surging energy prices pushed prices up across the EU in June, but the three Baltic countries have been hardest hit,…

Bulgaria coalition on brink after just six months

2 years ago

Bulgarian Prime Minister Kiril Petkov is trying to save his administration by persuading seven MPs to support his coalition in…

Austria tries to get Serbia back on EU track

2 years ago

Austria’s foreign and European affairs minister said he expects the countries in the Western Balkans (WB) to join the EU,…

CEE urges more time for EU projects

2 years ago

Inflation is endangering EU-funded infrastructure constructions across Central and Eastern Europe (CEE), and affected countries say the European Commission (EC)…

Polish ‘train levitation’ firm among six CEE startups to secure EU innovation funding

2 years ago

The European Innovation Council (EIC) will award grants or equity investments of up to EUR 17.5mn to six “high potential”…

Plan to disburse over EUR 35bn recovery cash to Poland stings MEPs into action

2 years ago

MEPs are planning to protest the transfer of a EUR 35.4bn EU stimulus package to Poland, arguing that the country…

Croatia set to join the Euro

2 years ago

Croatia has been given the go-ahead to adopt the euro from the start of next year, when it will become…

Croatia agrees to expand oil capacity to CEE

2 years ago

Croatia is ready to enlarge the capacity of the Adria oil pipeline as part of a long-term energy cooperation agreement…

Lithuanian FM opens up to The Spectator, as country strengthens security, trade with UK

2 years ago

Lithuania allowing Taiwan to open a ‘Taiwanese Representative Office’ in its capital Vilnius “gave China reason to go all-out against…

Baltic countries see rocketing inflation as Eurozone hits all-time high

2 years ago

Inflation was highest in Estonia amongst the Eurozone countries in May, according to a Eurostat report that estimated 20.1% year-on-year…

While Slovakia cuts Russian gas, Serbia agrees ‘extremely favourable’ deal with Putin

2 years ago

As Europe attempts a highly complicated manoeuvre to phase out Russian energy, two countries in Central and Eastern Europe (CEE)…

Hungary to levy windfall taxes on banking, energy, telcos, airlines, retail, pharma, ads

2 years ago

Hungarian Prime Minister Viktor Orban announced that banks, insurance companies, retail chains, energy firms, telcos and airlines in Hungary will…

Renewable energy mid-term answer to soaring inflation – Berlin institute

3 years ago

Fossil fuel prices in Europe have increased notably since the onset of Russia’s invasion of Ukraine, the Mercator Research Institute…

Metals illustrate difficulty of decoupling from Russian economy – CET analysis

3 years ago

The US can do without Russian oil, but has been reluctant to give up on its metals. Sanctions against Russian…

CEE states urge EU to rebuild Ukraine with seized Russian assets

3 years ago

In a letter to be sent to EU finance ministers, Slovakia, Lithuania, Latvia and Estonia jointly call for frozen Russian…

OMV to transfer euros to Russia for payments to Gazprom

3 years ago

Austrian energy group OMV announced on Friday that it was opening an account with Russian Gazprombank for ruble conversion. The development…

EC unveils EUR 300bn plan to decouple from Russian energy within 5 years

3 years ago

The European Commission (EC) adopted a EUR 300bn proposal for the 27-country bloc to be entirely independent of Russian energy…

Slovakia to tax Russian-processed oil

3 years ago

The Slovak government approved a proposal to impose an extra import tax on Russian-processed crude oil on Wednesday. The levy…

Croatia plans for worst case energy scenario

3 years ago

Croatia is currently boosting its own gas security in preparation for next winter, Energy Minister Davor Filipovic announced. By 1…

Poland set to unlock EUR 36bn in COVID recovery funds frozen over dispute – report

3 years ago

The European Commission (EC) is about to release the EUR 36bn Recovery and Resilience Plan (RRP) funds to Poland that…