FDI paints rosier picture for Poland, Romania – OECD report
Central and Eastern European (CEE) countries are still navigating post-pandemic economic challenges amid newer geopolitical tensions, according to the Economic Outlook...
Statistics Austria sees prosperity in decline
Austria's economy has contracted for the sixth quarter in a row, and there has been an almost continuous decline in industrial...
Czech ministers consider euro adoption
A new report on the pros and cons of euro adoption from the Czech National Economic Council (NERV) warns that joining...
Romania voids Russia-linked presidential ballot
Romania’s Constitutional Court (CCR) annulled the country’s presidential election on Friday, 6 December after the emergence of evidence of Russian interference in...
Forint tumbles after Moody’s downgrade
The Hungarian forint plummeted to a near-historic low against sterling on Monday morning, with a British pound buying HUF 501.5. For...
Romanian ruling party wins House elections to stem political crisis
Romania’s ruling centre-left party came first in parliamentary elections, according to preliminary results, one week after the surprise victory of a...
Central banker proclaims Romania’s ‘economic miracle’
Romania's GDP per capita, measured in purchasing power parity relative to the EU average, has surged from 25% in the early...
Poland world’s biggest gold buyer in Q2, Q3
Poland was the world’s largest gold buyer in the second and third quarters of 2024, and central banks across Central and...
New EU Commission readies for pivotal term
European Commission (EC) President Ursula von der Leyen looks set to push through her new team of commissioners and executive vice-presidents...
Poland, Latvia, Lithuania ink drone MOUs with Taiwan
The Taiwanese government-backed drone supply chain alliance on Friday, 15 November signed a memorandum of understanding (MOU) with the Polish-Taiwanese Chamber...
Populist surge in Romanian presidential election sees PM humbled
Romania's presidential election race delivered a shock result on Sunday, 24 November, as far-right, pro-Russia independent Calin Georgescu won the first...
Incoming Lithuanian PM prioritises defence
Lithuania’s new Prime Minister Gintautas Paluckas plans to increase the country's defence spending to 3.5% of GDP in response to security...
Teltonika drops EUR 3.5bn ‘dream’ project in Vilnius
Teltonika has announced it is halting the construction of its EUR 3.5bn High-Tech Hill park in Vilnius over delays in securing...
Hungary’s energy strategy has left it vulnerable to electricity price speculators – report
Hungary’s electricity market has become a focal point for speculative trading, driven by a combination of renewable energy imbalances and the...
CEE secures EUR 1.4bn in AI funding in 2023-24
Central and Eastern Europe (CEE) is a rising force in artificial intelligence (AI) and startups in the region raised EUR 1.4bn...
EU assesses candidates’ progress in ten country reports
The European Commission (EC) analyses the accession prospects of all ten prospective members of the EU in a new set of...
CEE mulls ramifications of Trump’s victory on trade, defence, environment
As Donald Trump officially declared his victory in the US election, he received congratulations from numerous Central and Eastern Europe (CEE)...
‘Budapest Declaration’ signed as Orban hosts EU summit
European leaders committed to developing a defence industry base and enhancing EU competitiveness at an informal European Council summit in the...
EU, South Korea expand security, defence links
The EU and the Republic of Korea formalised a comprehensive Security and Defence Partnership in Seoul, on Monday, 4 November, days...
PKN Orlen CEE’s top firm on Coface 500 list
Poland is the dominant country in the Central and Eastern Europe (CEE) business landscape, with 184 companies listed among the region's...