Wages Catching up in Visegrád Countries… A Never-Ending Story
Shortly following the monumental changes to their governmental systems and economies, countries in Central & Eastern Europe did see their wages...
World Bank Upgrades Outlook for Romania’s GDP Growth
Romania's economy will grow by 6% this year, fully reversing the 3.9% contraction caused by the COVID-19 pandemic last year, according...
US Sanctions on Bulgarian Nationals/Associated Companies
The United States has imposed sanctions on three Bulgarians and 64 companies linked to them, over their alleged corrupt activities. The...
Approved: EU Climate Change Adaptation Strategy
A key element of the "Green Deal," on 10 June EU environmental ministers meeting for the last occasion of Portugal's EU...
EC Backs Czechia Against Polish Mine
Poland says that closing down its open-pit brown coal mine in Turow would be an "energy disaster." Even so, the European...
“Euro 2020” Competition Unlikely to Revive European Tourism
Europe looks to return to normal as the first major international sport event, the UEFA 2020 football championship, is about to...
Slovenia Expansion of OTP Bank Raises Political Questions
Hungary's OTP Bank has acquired a 100% stake in Slovenia's Nova KBM after signing a purchase agreement with former shareholders of...
Will Hungary’s Automotive Industry Adjust to Future Challenges?
As in most countries in Central & Eastern Europe (CEE), the competitiveness of the Hungarian economy heavily depends on car production....
Member States Approve Coal Phase-out Funding
EU member states have approved a EUR 17.5 billion fund which aims to help some countries wean themselves from polluting industries...
Hungary: European Parliament Green Policies Too Much
Several European "green" initiatives have provoked resentment in Hungarian government circles. The outrage is mainly due to the European Parliament having...
G7 Sign Off on Historic Global Tax Deal
[caption id="attachment_2743" align="alignleft" width="437"] Photo source: HM Treasury[/caption] In a global effort against "tax avoidance," finance ministers from the G7 countries...
Slovakia’s Automotive Industry: Blessing or Curse?
Slovakia has been a great beneficiary of automotive industry expansion in recent decades. However, its high exposure to the global car...
Romania Bids Farewell to Coal
This week, Romania announced that it was ditching coal, thus joining the majority of EU member states that have made a...
EU Proposes Common Digital Identity Wallet
A so-called "digital identity wallet," which would grant access for all European citizens to public and private services through their mobile...
Czech Auto Sector: Targeting Lithium
One of the biggest car manufacturers of the world, the Czech Republic has a lot to lose if it does not...
Bill Gates & the EU Pledge $1 Billion for Green Technologies
With the aim of rolling out low carbon technologies, the Bill Gates-founded Breakthrough Energy Ventures is teaming up with the European...
EU Tax Transparency Rules Agreed
On Tuesday, the EU agreed to new tax rules designed to increase the transparency of multinational companies with established operations in...
AI & Blockchain: European Investment Bank warns of EUR 10bn funding gap
European investments in artificial intelligence (AI) and blockchain technologies are way behind Chinese and American investments. In a report related to such...
EU Battery Regulation: Finding the Missing Element
The EU has big plans to scale up battery production in Europe to make the major switch from fossil fuels to...
Czech Police Suggest Indicting PM Babis
Czech prime minister Andrej Babiš should be indicted over charges of fraud involving European Union subsidies, according to a recommendation by...