Mixed prospects in region for pay-TV industry, new research finds
The number of pay TV subscribers in Eastern Europe will decline by 8mn from its peak of 81mn in 2018, to...
Poland, Baltic states meet NATO’s 2% target
NATO's annual report for 2022 reveals that only 7 countries of the 30-country defence alliance met the military spending target of...
Montenegrin president to face new rival in run-off vote after narrow election victory
Montenegrin President Milo Djukanovic took around one-third of the votes in Sunday's presidential election ballot, well below the majority needed to...
Poland to supply Ukraine with fighter jets
Poland will send Ukraine four MiG-29 fighter jets in the coming days, with more to follow later, according to an announcement...
Inflation swallows up pay hikes in Romania
The average net salary in Romania was RON 4,254 (EUR 864) in January 2023, up 15% year-on-year, but down RON 144,...
Hungarian central bank chief repeats criticisms of Orban’s economic policy
Hungarian National Bank (MNB) Governor Gyorgy Matolcsy has once again harshly criticised Hungarian Prime Minister Viktor Orban’s economic policy, business website...
Romanian investments up in 2022 – PM
Net investments in the Romanian economy were 150.1 billion leu (EUR 3.06bn) in 2022, up 8.5% on the previous year, according...
Enel to sell Romanian arm in EUR 1.26bn deal
Enel will sell its Romanian operations to Greek group Public Power Corp (PPC) for EUR 1.26bn, the Italian utility group announced...
VW delays CEE battery plant, as US sweeteners lure firms over the pond
German carmaker Volkwagen (VW) has put on hold its plans to open a battery plant in Central and Eastern Europe (CEE) citing...
Kallas wins big in Estonian election
Estonian Prime Minister Kaja Kallas’s Reform Party (ER) secured both the most votes and most seats ever in a national election...
Lithuania decade’s most improved country in region, leading prosperity report finds
Estonia is named the most prosperous country in Eastern Europe, and the 21st globally, in the newly-released 2023 Legatum Prosperity Index. Legatum’s...
Kallas ahead in polls as Estonians cast their ballots
Estonian voters go to the polls on Sunday 5 March, after a campaign that focussed on the country's cost of living...
Poland oks Turow mine’s permit till 2044
Poland has extended the operational license of its highly-polluting Turow lignite mine by 22 years, the Czech Environment Ministry revealed on...
EU’s highest inflation in Hungary, Baltics
Annual inflation in the EU was 10% in January, according to the latest report from EU statistics office Eurostat. Of the 12...
EU imposes new sanctions on Russia
The EU on Saturday released its 10th package of sanctions against Russia targeting 87 individuals and 34 entities to mark the...
Russia cuts oil supply to Poland
Russia has ceased the supply of oil to Poland through the Druzhba pipeline, CEO of Polish oil refiner PKN Orlen Daniel...
Serbia gets its biggest ever EU grant for Belgrade-Nis rail revamp
Serbia is set to receive a EUR 600mn handout from the EU towards its around EUR 2.2bn reconstruction of the 230km Belgrade-Nis...
Orban slams EU for withholding funds for Hungary, Poland
Hungarian Prime Minister Viktor Orban criticized the EU for imposing new sanctions instead of providing assistance and for depriving Hungary and...
Pavel not hopeful on Ukraine victory this year
Ukrainian President Volodymyr Zelenskyy urged the Western world to send more help when he opened the Munich Security Conference (MSC) from...
EU goes legal with Poland over rule of law
The European Commission (EC) has referred Poland to the Court of Justice of the European Union (CJEU) for violating EU law,...