Growth in CEE to slow to 3.5% – World Bank

3 years ago

The war in Ukraine is set to inflict twice the amount of economic damage that the COVID-19 pandemic did, the…

Hungarian gov’t-friendly firm buys Sberbank share in Croatia’s Fortenova

3 years ago

Russia's Sberbank has sold its 43% stake in Fortenova to Hungarian-US investment fund Indotek Group, Croatian daily Jutarnji List reported.…

NATO plans to bolster defences in east, says Sec-Gen Stoltenberg

3 years ago

NATO leaders will formulate plans to bolster its eastern flank across Central and Eastern Europe at a summit in Madrid…

Hundreds of Russian envoys expelled from EU

3 years ago

Over two hundred Russian diplomats have been sent home from countries in Europe this week, in response to scenes of…

EU bans Russian ships from Europe’s ports

3 years ago

The EU banned Russian seafaring vessels from entering European ports, as it approved its fifth tranche of sanctions against Russia…

Orban won by a landslide, but Hungary’s economy is sliding too

3 years ago

The Hungarian Ministry of Finance took the unusual step of issuing a public statement aimed at international investors on Friday.…

EU deducts unpaid fines from payment to Poland

3 years ago

The Polish Finance Ministry confirmed on Thursday that the European Commission (EC) has paid Poland EUR 30 million less in…

Russian firms flock to Serbia post-invasion

3 years ago

Nearly 300 Russian companies and nationals have been registered in Serbia since Russia launched its invasion of Ukraine on 24…

Nuclear plant expansion is on, Hungary PM says, as FM calls sector sanctions ‘a red line’

3 years ago

The EUR 12.5 bn expansion of Hungary’s only nuclear power plant at Paks remains viable, Hungarian Prime Minister Viktor Orban…

Hungary’s Tungsram needs gov’t bailout

3 years ago

The chairman-CEO of one of Hungary’s oldest and best known companies, historic light bulb maker Tungsram, appealed to the government…

Deutsche Bank CEO opposes Germany decoupling from Russian energy

3 years ago

Deutsche Bank CEO Christian Sewin said on Monday that a significant recession in Germany would be "almost inevitable” if imports…

Poland, Baltics to close off roads to Russia, Belarus, Ukraine deputy minister claims

3 years ago

Reading Time: 2 minutes The Ukraine government wants Poland and the Baltic states to fast-track the closure of land routes…

Vučić rides out Russia controversy to retain power in Serbian elections

3 years ago

Serbia’s President Aleksandar Vučić declared victory in the country’s general elections on Sunday night, as pollsters estimated that he would…

Orbán wins big in Hungarian election

3 years ago

Hungarian Prime Minister Viktor Orbán secured his fourth consecutive term with a landslide victory in Hungary's national elections on Sunday. …

Russian troops regrouping, not withdrawing, says NATO chief

3 years ago

NATO’s Secretary-General Jens Stoltenberg said on Thursday that intelligence showed Russian forces in Ukraine were not withdrawing, but appeared to…

Warsaw gets serious about eliminating Russian energy imports

3 years ago

Poland adopted draft legislation on Wednesday to prohibit coal imports from Russia. In its efforts to move away from all…

Ukraine, Russia find glimmer of hope in Istanbul negotiations, but hostilities on ground continue

3 years ago

Wednesday saw a flurry of statements from Moscow and Kyiv on the prospects for peace in Ukraine, following talks between…

Hungary postpones Visegrad 4 Summit after Czechia, Poland reps refuse to attend

3 years ago

Hungary cancelled a scheduled summit of defence ministers from the Visegrad 4 (“V4”) group of EU member states - Czechia,…

Russian forces to scale back attacks in parts of Ukraine to build trust, facilitate negotiations

3 years ago

Russia said on Tuesday it would reduce its military operations around Kyiv, and in Chernihiv in the north of Ukraine…

US will honour “sacred obligation” to NATO allies, says Biden

3 years ago

In a speech closing his visit to Poland, US President Joe Biden reassured NATO allies in Central and Eastern Europe…