"Au Revoir" to Aviation Fuels Exemption

"Au Revoir" to Aviation Fuels Exemption

In an effort to urge the aviation industry to use more clean-burning fuels, a draft from the European Commission proposes a minimum tax within the EU on polluting aviation fuels, specifically on energy products supplied as aircraft fuel for flights within the EU. This means aviation fuels would no longer

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Slovakia's Flying Car Takes Flight

Slovakia's Flying Car Takes Flight

In Slovakia, a prototype flying car has completed a 35-minute flight between the country’s international airports in Nitra and Bratislava. The hybrid car-aircraft, AirCar, is equipped with a BMW engine and runs on regular petrol. Its creator, professor Stefan Klein, said it could fly about 1,000km, at a

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Visegrad Countries Discuss Recovery Plans in Warsaw

Visegrad Countries Discuss Recovery Plans in Warsaw

Meeting in Warsaw, finance ministers from the “Visegrad 4” (V4) country grouping – Poland, Czechia, Hungary, and Slovakia – discussed post Covid-19 economic recovery plans and investments. They welcomed the global minimum tax proposed by the G7 but said they prefer an international solution in the Organisation for Economic Cooperation and Development

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5G rollout Europe

Commission Proposes "Joint Cyber Unit"

1 min read Uncategorized

With Europe having seen several cyberattacks in recent months, like the ransomware attack on Ireland’s healthcare agencies, or the hacking of the European Banking Authority, the European Commission has come up with a proposal for what it is calling the “Joint Cyber Unit,” (JCU) designed to coordinate efforts and

Slovenia's Sustainability Bond Issuance First in CEE

Slovenia's Sustainability Bond Issuance First in CEE

1 min read Uncategorized

This week, Slovenia became the first country in Central & Eastern Europe (CEE) to issue 10-year sustainability bonds to the tune of EUR 1 billion, whose proceeds are to go to investments with environmental and social objectives. The country was able to raise over EUR 8.4bn from 210 investors.

Poland: Phasing Out Coal and Moving Away from Russian Gas

Poland: Phasing Out Coal and Moving Away from Russian Gas

Meeting the EU’s 2030 climate targets poses a huge challenge for Central European countries, especially for coal-dependent Poland. But it is also helping the country with a population of 40 million to modernize. Thwarted by the highest electricity prices in Europe, and pressured by EU environmental regulations, Poland has

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