Orlen moves into Hungary, MOL into Poland, in CEE gas market reshuffle
Orlen Unipetrol, owned by Poland's leading energy company PKN Orlen, will take over 143 petrol stations in Hungary and 39 in Slovakia,...
EU moves to freeze Hungary funds, but real picture more nuanced
The European Commission (EC) opened the possibility for EU national leaders to punish Hungary in an upcoming vote on funding suspensions, on...
VC financing of Lithuanian fintech quadruples – FT special report
Venture capital (VC) financiers invested EUR 71mn in Lithuanian fintechs in 2021, up from EUR 18mn in 2020, according to The Financial...
Slovenia ruling coalition defeats right-wing in referendum poll
Slovenia's government saw off a major opposition challenge on Sunday, 27 November, as voters approved three laws in a referendum vote...
Last chance for Hungary on EU funding
Hungary could lose billions of euros from its Recovery and Resilience Facility (RRF) funding entitlement after the European Commission (EC) decided...
Robotisation spreads in auto-heavy CEE
Robotisation has risen sharply in CEE, according to a new report entitled “How do Economies in EU-CEE Cope with Labour Shortages?”...
Serbia backtracks on deal with Kosovo
The EU brokered a last-ditch agreement between Kosovo and Serbia on Wednesday, 23 November, only for Serbian President Aleksandar Vucic to...
EC warns Slovakia to review 2023 budget or risk losing Covid-recovery funding
The European Commission (EC) told Slovakia on Tuesday to include spending limits in its state budget or risk endangering the EUR...
Hungary, Ryanair clash over ‘excess profits’
Ryanair’s ongoing dispute with the Hungarian government escalated last week, as the company's CEO dismissed Hungary’s revisions to its aviation tax...
V4 meeting pulled as Polish, Czech speakers object to Hungary’s proximity to Russia
The meeting of the parliamentary speakers of the Visegrad Four (V4) countries scheduled for this Friday (25 November) has been cancelled...
Poland grants Ukraine access to disaster site, after two citizens killed by missile
The death of two men at the hands of a missile on farmland in the Polish village of Przewodow sparked fears...
Slovenia elects first female president
Liberal attorney and author Natasa Pirc Musar, 54, will become Slovenia's next president after defeating her right-wing rival Andze Logar in the...
Estonia tops tax competitiveness index
For the ninth consecutive year, Estonia has the best tax regime of the Organisation for Economic Cooperation and Development (OECD) countries, according to...
Backgrounder on the CE Digital Payments Summit 2022 conference
Cybersecurity, data-driven finance and the digital euro – on what principles will the future digital payment ecosystem be based? Data sharing,...
EC to decide on Hungary funding by end of month
Hungary will find out whether it will receive its EUR 7.2 bn pandemic recovery fund payment on 22 November, Bloomberg reports,...
Venture capital investment in CEE doubled in two years – report
Central and Eastern Europe (CEE) is one of the fastest growing regions in Europe by enterprise value and has grown by...
Poland to build two nuclear reactors – Kaczynski announces, with third also possible
"Now we have decided to atomise Polish energy: two nuclear power plants will be built, one in cooperation with the USA...
Romania secures EUR 650mn factory investment as Nokian Tyres looks to replace Russian output
Nokian Tyres will build a EUR 650mn passenger car tyre factory in Oradea, western Romania, creating around 500 jobs, it announced...
Gov’t interventions see Poland, Slovenia, Hungary buck H1 electricity bills trend
Household electricity prices rose year-on-year in the first half of 2022, from EUR 22 per to EUR 25.30 per 100 kWh...
Hungary, Georgia discuss ‘major new energy cooperation’
Hungarian Prime Minister Viktor Orban and Georgian Prime Minister Irakli Garibashvili signed a strategic partnership agreement and discussed responses to the...