Romania ordered to repay Blue Air’s state aid
Blue Air's restructuring plan has failed to restore its long-term viability and the Romanian state must return the EUR 33.84mn it...
Polish FM floats new reparations solution
Poland will drop the USD 1.3tn (EUR 12.08) reparation demand made by the right-wing nationalist PiS government, which Polish Prime Minister...
North Macedonia sets May election date
EU candidate country North Macedonia will hold early parliamentary elections on 8 May, the House speaker Jovan Mitreski announced on Wednesday,...
Russia plans decade of war – Estonian intel
An Estonian intelligence report released Tuesday warns that Russia is preparing to wage war on the West for a decade, as...
Hungary rocked by presidential resignation
Hungarian President Katalin Novak resigned on live TV on Saturday evening, in connection with her controversial pardon issued last year for...
4iG inks deal for cable linking Egypt, Albania
Hungarian-government-linked telco 4iG and Telecom Egypt will jointly construct an express subsea cable between Albania and Egypt. Telecom Egypt is a...
CEE trade with Germany slumped in 2023
Germany’s business with Central and Eastern Europe (CEE) fell last year as the value of goods traded with the region’s 29...
European rail network to connect to Lviv
Ukraine is planned to be added to the Trans-European TEN-T transport corridor, enabling access to the rest of Europe for trains...
Rheinmetall expands Hungary ammo maker
The expansion plan of the new ammunition plant of Rheinmetall in Varpalota, west Hungary, has been underway since January, the German...
Rheinmetall expands CEE presence with majority purchase of Automecanica Medias
German defence industry group Rheinmetall has acquired a 72.5% stake in Automecanica Medias from Romania, estimating that it will have an...
Solidarity plans to block Ukraine border stations
Polish farmers from Solidarity announced Friday that the trade union is planning a blockade of the country’s border crossings with Ukraine from...
Czechia, Taiwan ink nanotechnology MOU
Business groups from Czechia and Taiwan signed a memorandum of understanding (MOU) on semiconductor cooperation in Taipei on Thursday, 1 February....
Orban drops Ukraine aid package veto
Hungarian Prime Minister Viktor Orban agreed to a EUR 50bn, 4-year package for Ukraine on Thursday, 1 February, after vowing to...
Romania has overtaken Greece, Hungary – Economy minister underlines EU benefits
Romania has economically surpassed Greece, Hungary and is closing in on Poland, Romanian Economy Minister Stefan Radu Oprea underlined in a...
Hungary becomes only hold-out on Swedish NATO accession
Hungarian Prime Minister Viktor Orban has asked his MPs to proceed with Sweden's ratification as NATO member “at the first possible...
Hungarians increasingly displaced by guest workers – report
Foreign workers are increasingly replacing Hungarians across various sectors due to structural issues within the country’s economy. Government backing of lower-wage...
Farmers, green activists protest in Lithuania
Tractors and logging lorries flooded central Vilnius last week, as farmers protested a number of national agricultural policies. Local media reported...
Austria leads CEE for most new cars, Estonia regional laggard
The number of battery-only electric passenger cars in the EU neared 3mn in 2022, up 55% from 1.9mn in 2021, according...
Romanian e-vehicle market grew by over one-third in 2023
More than 42,000 electric cars have been registered, so far, in Romania, of which around 16,800 only in 2023, 35% more...
Hungary inflation to dip, GDP to rise this year – independent think tank
From Hungary's economic perspective, last year extended the trends observed in 2022, according to independent Hungarian think-tank Policy Solutions's annual report....