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…

US suggests tariffs on Russian oil, as Hungary blocks EU-wide embargo

3 years ago

The EU failed to agree on its latest sanctions against Russia on Tuesday, as Hungary refused to drop its threat…

G7 backs Albania, North Macedonia for EU talks, slams Republika Srpska secessionism

3 years ago

G7 ministers expressed their concern about the “deepening political crisis” in Bosnia and Herzegovina (BiH) and support for the commencement…

Hungary leverages over EU oil sanctions

3 years ago

The EU on Monday failed to make headway on finalising a sixth package of sanctions against Russia in response to…

Crucial vote next week for EU decarbonisation

3 years ago

MEPs on the environment committee of the European Parliament (ENVI) will vote on a tranche of environmental proposals early next…

EU may compensate CEE countries for hit from Russian oil embargo

3 years ago

The European Commission (EC) could channel funds to countries in Central and Eastern Europe (CEE) to help reduce their dependence…

Czechia takes up Russia’s place at UN special session on Ukraine on Thursday

3 years ago

Czechia will participate in the UN Human Rights Council meeting on Thursday 12 May, after being elected as Russia’s replacement…

NATO ups air presence in CEE airspace

3 years ago

NATO has around 30 surveillance and fighter jets in airspace outside of Ukraine and Belarus at any moment according the…

Macron asks China to lift trade embargo on Lithuania

3 years ago

French President Emmanuel Macron told Chinese President Xi that France expects China to reverse the sanctions it has imposed on…

TUI pulls CEE flights due to dip in demand

3 years ago

Tour operator TUI Belgium has cancelled scheduled summer flights to Bulgaria and North Macedonia citing falling interest in destinations in…

Von der Leyen makes surprise visit to Budapest

3 years ago

European Commission President Ursula von der Leyen paid an unexpected visit to Budapest on Monday evening to discuss the EU’s…

Balkan business leaders urge simpler border controls

3 years ago

Serbian and Croatian business organisations are calling for less friction in the flow of goods across their common border, in…

EU offers CEE countries extended deadline for Russian oil embargo

3 years ago

The EU has revised its proposal to ban Russia oil imports by the end of 2022, in order to give…