Hungary currently leads the world for share of solar energy in its energy mix, as it generated a quarter of its domestic electricity from photovoltaic panels in 2024. However, the recent massive blackout in Spain and Portugal served as a reminder of the challenges involved with high reliance on renewable
Albanian Prime Minister Edi Rama has claimed victory in Albania’s parliamentary election on Sunday, 11 May, after exit polls showed his Socialist Party (PS) with a clear lead. The vote, which has been characterised as ballot on Albania’s commitment to EU accession, was marked by low turnout and
Estonia has surged to second place in the 2025 World Press Freedom Index, its best-ever result and the highest ranking among EU countries. Estonia's ranking in the 2025 World Press Freedom Index is the highest ever achieved by a Central and Eastern European (CEE) country since the index&
Czechia has halted imports of Russian crude oil delivered via the Druzhba pipeline for the first time in 60 years, Czech Prime Minister Petr Fiala announced in mid-April. The milestone was enabled by the expansion of the Transalpine Pipeline (TAL), which connects the Italian port of Trieste to Austria and
Far-right leader George Simion surged to a clear lead in the first round of Romania’s presidential election rerun, taking 40.9% of the vote ahead of the 18 May runoff that could reshape the country’s entire political trajectory. Simion, leader of the ultranationalist Alliance for the Union of
The EU can formally begin accession negotiations with Bosnia and Herzegovina (BiH) when a stable and pro-European coalition has been formed, according to Christian Schmidt, the international high representative overseeing the implementation of the Dayton Peace Agreement. The Dayton accords were signed in 1995 and ended the Bosnian War. The
Workers in Central and Eastern Europe (CEE) enjoy some of the lowest personal income tax rates in Europe, with Slovakia and Poland the outliers for individuals and families, according to a new Organisation for Economic Co-operation and Development (OECD) report. The OECD Taxing Wages 2025 report analysed tax data and
US President Donald Trump’s new raft of global tariffs threatens to hammer the export-driven economies of Central and Eastern Europe (CEE), with his 25% duty on foreign-made cars posing a direct risk to regional manufacturing. As highly integrated suppliers in Germany-led EU value chains, Slovakia, Hungary and Czechia are
Poland’s main stock market index, the Warsaw Stock Exchange (WIG), closed above 100,000 points for the first time this week, signalling a milestone for the bourse, stronger investor confidence and Poland’s growing regional influence. Warsaw Stock Exchange CEO Marek Dietl said in an interview with PAP Biznes:
Poland has launched a new national doctrine aimed at establishing the country as the dominant military and economic power in Central and Eastern Europe (CEE). Polish Prime Minister Donald Tusk announced the "Piast Doctrine" during a speech in Gniezno, central Poland. "Maybe today it is worth announcing
Prague has launched two major transport infrastructure projects, expanding Vaclav Havel Airport and introducing a new generation of trams to modernise its urban network. The initiatives form part of a broader strategy to boost Prague’s competitiveness as a Central and Eastern Europe (CEE) hub for air travel, freight logistics
The Baltic states are stepping up their air, missile and drone defence capabilities, as Estonia, Latvia and Lithuania invest in new systems to address growing security threats in Central and Eastern Europe (CEE). The acceleration of defence-related investments in the Baltic region comes amid heightened concerns about Russian military activity
The EU’s employment rate reached a record high of 70.9% in the fourth quarter of 2024, according to the Organisation for Economic Co-operation and Development (OECD). But while this marks a major milestone for the bloc, the picture in Central and Eastern Europe (CEE) is more complex, as
Greece has announced plans to repay its first bailout loans a decade ahead of schedule, in a move that officials say underscores the country’s economic recovery and new fiscal credibility. The repayment strategy would see Greece pay off the remaining EUR 31bn of its initial EUR 53bn in bailout
Despite their export-driven economies and strong manufacturing bases, Central and Eastern Europe (CEE) countries may be more resilient to global trade tensions from US tariff policies, than previously assumed, ING bank writes in a new report. Economies have shown resilience - ING While CEE's close ties with Germany
Slovenia is at the centre of a strategic struggle between France and the US, as both nations seek to secure a contract to build the Krsko 2 nuclear reactor. The estimated EUR 11bn project aims to bolster energy security across Central and Eastern Europe (CEE) and align with Slovenia'
The EU’s internal market is still falling short of its founding promise. Despite decades of integration, consumers across member states face uneven product quality and varied prices. This is due to regulatory fragmentation in two main forms: Territorial Supply Constraints and gold-plating. TSCs occur when suppliers block cross-border sourcing
The European Commission (EC) has chosen 47 strategic projects across the EU to reduce critical raw material dependency, with Czechia, Estonia, Poland, and Romania at the forefront, marking a significant boost to regional competitiveness amid intensifying geopolitical tensions. The EC’s selections are critical to the industrial future of Central
An outbreak of foot-and-mouth disease (FMD) has prompted mass animal culls and tightened border controls across Central and Eastern Europe (CEE). The breakout represents the first significant detection of FMD in Hungary and Slovakia in over five decades. Since Hungary confirmed its first case at a dairy farm in Gyor-Moson-Sopron
Hungary has broken ranks with the EU in response to the US's new tariffs policy, as Hungarian Prime Minister Viktor Orban seeks to preserve close ties with the Trump administration amid the resultant trade tensions. Hungary pushes back on retaliatory tariffs The EU confirmed on 9 April that
Attendees from Central and Eastern Europe (CEE) nations including Bulgaria, Hungary, Romania, Poland, Czechia, Slovakia, Moldova and others discussed policy priorities at the Antalya Diplomacy Forum in south west Turkey on 11-13 April. The forum's theme "Reclaiming Diplomacy in a Fragmented World" set the tone for
When Croatia, Albania and Kosovo recently formed a new military alliance, Serbia and Hungary followed suit, reshaping the security situation in South East Europe. Serbian Defence Minister Bratislav Gasic and Hungarian Defence Minister Kristof Szalay-Bobrovniczky earlier this month signed a bilateral military cooperation agreement in the Serbian capital of Belgrade.
Serbian President Aleksandar Vucic nominated political newcomer Duro Macut, a 62-year-old endocrinologist and university professor, to serve as the country’s next prime minister on Monday, 7 April. The nomination comes amid ongoing mass protests demanding political accountability for governmental scandals and infrastructure failures. Macut’s nomination was announced weeks
Stock markets in Central and Eastern Europe (CEE) fell sharply after US President Donald Trump announced retaliatory tariffs on global imports on 2 April 2025, spooking the region's export-dependent economies and reviving fears of a wider economic slowdown. CEE Stock Market Weekly Performance to 7 April 2025 Most
The city of Krakow, south Poland, saw nearly 1,900 group layoffs in the first quarter of 2025, almost equalling the total for all of 2024, local media reported, citing official data. The dismissals, mostly affecting white-collar roles in finance, technology and business services, point to deeper structural changes in