Regional economies are recovering – Vienna Institute
A leading think-tank has upped its growth forecast for Central, East and Southeast European economies this year to 5.4%, up from...
OTP Bank, Hungary government team up for ‘supercomputer’ project
Hungary's Ministry of Innovation and Technology and Hungary's largest commercial bank OTP will collaborate to create Europe’s largest supercomputer, minister Laszlo...
Latvia reimposes lockdown as COVID rips through Baltics and Balkans
Latvia has announced a month-long COVID lockdown after a surge in infections and hospitalisations, becoming the first EU country to reintroduce...
East-West-divide defines EU summit agenda
The East-West divide will be conspicuous on the agenda when EU heads of state and government gather at the bloc's formal...
Albania, North Macedonia on track for EU accession talks – EC report
Albania and North Macedonia are on the march towards EU accession talks, according to the latest annual European Commission (EC) progress...
Czech startup raises over USD 100m in record “Series A” venture capital round
Czech start-up Rossum will receive USD 100 million in venture capital from a consortium - including General Catalyst, one of the US’s...
Czech legislators plan power transfer, as Zeman unable to perform presidential duties
Czech President Milos Zeman - who was hospitalised on 10 October, the morning after the general election - remains incapable of...
Russia cuts diplomatic relations with NATO
Russia has announced that it will suspend its NATO mission in Brussels after the western military alliance expelled eight employees for...
There is little alternative to Russian gas for Eastern Europe – Hungary signs 10+5-year deal
Russian state-owned Gazprom and Hungarian energy group MVM signed a ten-year gas-supply agreement at the end of August. Under the deal, effective...
Czech government could sink millions into ‘Three Seas’ waterway project
After years of non-engagement, the outgoing Czech Prime Minister Andrej Babis appears to have discovered a new-found enthusiasm for the "Three...
V4 vie to attract VW battery plant
Volkswagen will decide on the location of a new battery cell plant in Central and Eastern Europe in the first half...
Mayor Peter Marki-Zay wins primary vote to run against PM Orban in spring 2022
Peter Marki-Zay, the 49-year-old conservative mayor of Hodmezovasarhely, south Hungary, was announced as the winner of the Hungarian opposition primaries on...
CEE capitals becoming ‘victims of own success’
Slovakia's capital city Bratislava is having difficulty getting EU funding after the rapid rise in its GDP per capita in recent...
Rising bills bring extra bite to Baltic winter
For the citizens of Estonia, Lithuania and Latvia, the signs are ominous. As the Baltic countries look ahead to rising Covid-19...
Estonia first in Europe for house price rises since 2010, as CEE dominates top ten list
House prices have more than doubled in Estonia and Hungary over the last decade, according to a Eurostat survey that puts...
Bulgarians not enthusiastic about Euro
Around 58% of Bulgarians oppose adoption of the Euro as their country's currency, according to a poll conducted by Trend Agency....
Europe, Russia play gas spike blame game
President Vladimir Putin brushed off accusations that Russian-state-owned Gazprom is responsible for soaring energy prices across Europe at an energy conference...
Revolut plans to offer loans, credit cards and Hungarian-language services
Digital bank Revolut is in talks with the Hungarian National Bank (MNB) about entering the central European country’s market, deputy CEO...
European airlines demand opening date from US for travellers
US authorities were called by European airlines on Wednesday to set a date for reopening and to agree a list of...
Tech and financial service industries are starting to merge. Are we already in the digital currency era?
While Fintech and Big Tech firms make incursions into the financial services sector, data is becoming the real commodity in a...