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...
Taiwan invests in CEE, as Lithuania opens trade office in Taipei
The tensions around the burgeoning relations between Taiwan and Central and Eastern Europe (CEE) will be on the agenda when US...
Latvia, Estonia choose location for giant wind farm
Estonia's Sõrve peninsula area looks set to be the location for the major Estonian-Latvian hybrid offshore wind farm project ‘Elwind’, according...
Eurowag to expand CEE network with Inelo buyout
Czech-founded WAG Payment Solutions PLC announced on Tuesday that it has agreed to fully acquire Grupa Inelo SA, a leading fleet...
Romania blames Hungary for Schengen deficit
Romanian lorry drivers urged their government to “relentlessly lobby” for the country to join the Schengen zone on Monday, asserting that...
Moody’s forecasts CEE growth in 2022, amid soaring inflation
The loan-book performance of banks in Central and Eastern Europe (CEE) is set to worsen as interest rate hikes take their...
Bulgaria, Romania edge towards Schengen membership, as MEPs express overwhelming support
MEPs backed Bulgaria and Romania joining the Schengen zone in the coming months by an overwhelming margin on Tuesday. Of the 639...
Romanian auto industry rallies to surpass pre-pandemic levels in first nine months
Passenger car production was up 21.2% year-on-year, to 381,971 units, in Romania in the first three quarters of 2022, according to figures...
CE Digital Payments Summit 2022: Digitalization key in volatile economic times
Organized by Mastercard for the second year in a row, the Central Europe (CE) Digital Payments Summit 2022 on 20 October...
Romania rolls out strategy for solar, wind power
The Romanian Energy Ministry has launched a renewable energy tender call worth EUR 457.7mn for projects totalling 950MW capacity, which will...
Qatar to open embassy in Czech capital
Czechia and Qatar signed bilateral agreements on Wednesday, as the Gulf state announced that it will open its first embassy in...
Forint recovers as Gazprom grants Hungary gas payment deferral
The forint rebounded against both the US dollar and euro late Monday, on news that Russian-state-run energy company Gazprom has agreed...
Pro-NATO PM wins Latvian election, as ethnic-Russian voters shun pro-Kremlin parties
Latvia’s ruling centre-right party Jauna Vienotiba (New Unity) was the clear winner in the country’s general elections at the weekend with...
Forint slumps to all-time lows against euro, dollar
As national currencies shed value across Central and Eastern Europe (CEE) on Thursday, the Hungarian forint fell hardest, to historic lows...
Poland opens Baltic Pipe, as other pipelines wrecked in dramatic day for CEE energy
Polish officials symbolically commissioned the Baltic Pipe natural gas pipeline with Norway on Tuesday, a day that turned out to be...
VW floats idea of CEE exit
German carmaker Volkswagen (VW) may close its plants in Central and Eastern Europe (CEE) if the natural gas shortage persists beyond...
‘The Chinese always have a multi-layered approach’ – CEPA expert Tamas Matura talks China in CEE with CET
Hungarian Sinologist Tamas Matura argued in his recent report for CEPA that China wields little influence in Hungary, despite the Hungarian...
Onsemi invests USD 450mn in semi-conductor foundry in Czechia
Onsemi inaugurated the expansion of its silicon carbide (SiC) semiconductor fabrication plant in Roznov, east Czechia, on Wednesday. The USD 450mn...
Slovenia agrees on EUR 3.26bn funding strategy with European Commission
Slovenia will receive 3.26 billion euros in EU funding via a partnership agreement, the details of which it finalised with the...