Czech govt unveils austerity package
The Czech government announced "Czechia in Shape", a new tax package to reduce the state budget deficit on Thursday 11 May....
Poland’s Orlen losing millions over Russian oil ban
Poland's state-controlled oil company, PKN Orlen, is facing significant losses due to the EU banning Russian crude oil. The company is...
EUR 1bn earmarked for Ukraine as EU raises ‘peace facility’ funding limit
The Council of the European Union will send another EUR 1bn in support for ammunition and missiles for Ukraine as it...
Hungary gov’t reacts to shrinking retail sector with compulsory price cuts
The purchasing power of salaries in Hungary is falling due to record-high inflation, local business outlet Portfolio reported, citing the “devastating...
EU law will fast-track arms making in Europe, von der Leyen announces in Prague
The European Commission (EC) will propose a law to speed up weapons production in Europe, EC President Ursula von der Leyen...
Poland to buy UK defence export system after inking all-time record deal
Poland has signed with the UK a GBP 1.9bn export agreement to roll out a British short-range air defence system, the...
Czechia, Hungary, Estonia top for employment in CEE – Eurostat report
Estonia had the highest employment rate in Central and Eastern Europe (CEE) of 81.9% in 2022, according to the recently released...
EON Polska earmarked 33bn war chest for green projects by 2027 – company president
"There will be more and more renewable energy in Poland and other European countries," E.ON Polska president Andrzej Modzelewski said in...
Czechs right to opt out of Ukraine farm ban – analysts
Agriculture Minister Zdenek Nekula is right when he says Czech farmers are overplaying the role of Ukrainian wheat on their current...
Poland moves closer to first nuclear plant
Poland's pursuit of nuclear energy took another step forward last week as Polskie Elektrownie Jadrowe (PEJ) applied to the Polish Climate...
Pavel wants Czechs to play key role in Western response to resurgent China
Czech President Petr Pavel called for a "joint and balanced" strategy between the US, Europe, and other democracies to address China’s...
Romania holds out on Ukraine import ban, urges neighbours to wait for EU solution
Romanian Minister of Agriculture Petre Daea expressed solidarity with farmers from Poland, Hungary, Bulgaria and Slovakia – who all unilaterally stopped...
Investment group PPF buys Czech telco Nej.cz in billion-dollar deal
Czechia’s largest investment group PPF has acquired internet and television content provider Nej.cz from billionaire Karel Prazak’s Kaprain group. PPF made...
Slovakia sends 13 fighter planes to Ukraine
Slovakia has donated 13 MiG-29 fighter jets to the Ukrainian forces, Slovak state news agency TASR reported on the morning of...
EU plan to source local raw materials will boost mining, battery industries in CEE – CET analysis
The EU’s mooted 'critical raw materials (CRM) law' would strengthen the EU’s autonomy by reducing its reliance on third countries for...
Croatia tops European tourism poll
Croatia had the highest share of tourism in total gross value added (GVA) at 11%, EU statistics office Eurostat finds in...
Poland, Hungary halt Ukraine farm imports
Poland and Hungary have temporarily ceased importing Ukrainian grain and other agricultural produce, defying warnings from the EU that unilateral action...
Poland’s Orlen seals Lotos sell-off to Unimot
Polish energy giant Orlen announced the completion on Friday 7 April of the process of implementing remedies, and Lotos Terminale finally...
Romanian farmers hold nationwide protest
Farmers are organising protests across Romania on Friday 7 April to express dissatisfaction with the European Commission (EC) approach market distortions...
EU makes landmark decision on EV stations
The EU has reached a provisional agreement on increasing the number of charging stations for electric vehicles (EVs) and alternative fuels,...