Russian oil deliveries to CEE resume after MOL intervention ends week-long stasis
Crude oil flows to Hungary, Slovakia and Czechia will recommence after Hungarian energy firm MOL paid the August transit fee for...
Corruption not seen as major issue by majority of firms in Poland, Czechia, Austria- Ipsos poll
Corruption is considered a very serious problem by 59% of business leaders in Romania, the highest percentage in the EU, according...
As CEE energy costs soar, IMF says customers should pick up the bill
The International Monetary Fund (IMF) has recommended that European governments let consumers bear the brunt of rocketing domestic energy bills, in...
Estonia top CEE country on EU’s digital progress tracker
Estonia is top in Central and Eastern Europe (CEE) and seventh in the EU as a whole in the new European...
Hungary’s ‘race to the bottom’ currency policy comes under fire – CET analysis
Hungary's currency, the forint, has in recent weeks plumbed all-time lows against the euro. Although currencies are dropping across Central and...
Bulgaria appoints interim PM, calls October election
Bulgarian voters are set to go to the polls for the fourth time in two years after President Rumen Radev called...
Hungary makes energy crisis plans
The Hungarian government unveiled a number of energy-related measures at the weekend, in response to soaring prices and an impending autumn...
Poland to ink multi-billion military supply deal with South Korea
South Korean defence manufacturers will sign contracts worth EUR 7.53bn with Poland before the end of the month, The Korea Economic...
Inflation hits CEE harder than rest of EU
The EU annual inflation rate rose from 8.8% to 9.6% in June, the bloc's official statistics agency Eurostat reports. The inflation...
Albania, North Macedonia open talks to join EU
North Macedonia and Albania nominally began their EU accession negotiations in Brussels on Tuesday, with detailed discussions slated to begin in...
As Russia turns off the taps, Hungary negotiates deal to get gas transits wholly via southern TurkStream pipeline
Hungarian Foreign Minister Peter Szijjarto announced Monday that he is in negotiations with Russia’s Gazprom regarding a long-term gas supply deal...
CEE foreign ministers convene for energy, security talks
Austrian Foreign Minister Alexander Schallenberg said it is extremely important that the EU provide support to Africa, when he and his...
Lithuanian PM defends decision to permit Russian transits to Kalingrad
Lithuanian Prime Minister Ingrida Simonyte reacted to criticism on Thursday over her country’s acceptance of the transport of civilian-use goods from...
Hungary declares energy emergency
The Hungarian government declared a state of emergency and ditched its flagship policy of subsidising domestic utility bills on Wednesday, as...
Croatia to adopt euro next year, as Balkan country clears final hurdles
The EU formally approved on Tuesday Croatia joining the Eurozone on New Year's Day 2023, and proclaimed the development as the...
Hungary falls out with EU, US over its opposition to minimum global tax rate
The Hungarian government said on Monday that it will pass a parliamentary resolution condemning EU criticism of its refusal to participate...
Bruising week for CEE currencies ends with slight rises for zloty, forint, Czech crown
The Czech, Polish and Hungarian currencies all weakened against the major global currencies this week, as recession fears intensified globally, impacting...
Albania may be sitting on huge oil, gas reserves, PM reveals
Albania may be about to announce the findings of exploratory fossil fuel drillings of such a magnitude that they will change...
Croatia to get less Covid recovery funding after economic rebound in 2021
The European Commission (EC) will cut Croatia’s maximum share of the EU's Recovery and Resilience Facility (RRF) stimulus programme by around...
Hungary leads EU for solar electricity generation
Hungary had the highest proportion of solar technology in its electricity production in the EU last year, according to the Hungarian...