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...
Covid Passes & Prospects for Summer
Usually, at this time of the year in Europe, everyone is already planning where they will spend their summer holiday. However,...
Hungarian Electricity Company Aims Further Regional Expansion
The net sales of Hungary's MVM Group amounted to HUF 1,835 billion last year, which is EUR 71,8 million higher than...
Hungary Hosts Region’s Largest Solar Plant
Central Europe’s largest solar plant has been inaugurated in Kaposvár, southwest of the Hungarian capital Budapest. The 100-megawatt solar power plant...
The Ryanair Incident: An Overt Challenge to the EU
The EU was unusually unified and prompt in condemning Belarus for “hijacking” the Irish low-cost carrier Ryanair plane. The European Council...