A collection of 63 posts
A gas project off Romania’s coast in the Black Sea has become the centre of a dispute between the country and its Central and Eastern Europe (CEE) neighbour Austria. The diplomatic standoff involves geopolitical and energy issues around the Neptun Deep gasfield, and also Austria’s steadfast opposition to
The foreign ministers of Austria, Croatia, and Slovenia have published a joint article calling for “several concrete steps to be taken without further delay” regarding the expansion of the EU, including the commencement of accession talks with Bosnia and Herzegovina (BiH) by the end of the year. In the joint
Romanian Prime Minister Marcel Ciolacu on Monday 18 September issued a warning to Austria, stating that if Austria does not remove its veto on Romania’s Schengen accession bid by December, Romania will take the matter to the EU Court of Justice. Austria has been blocking the entry of Romania
Slovenia and Austria were the worst hit countries by the severe floods that swept over Central and Eastern Europe (CEE) over the weekend. As thousands evacuated their homes and four died in Slovenia, the country asked for help from the EU and NATO. In Austria, one person died after falling
The top 11 inflation rates in the EU were in Central and Eastern Europe (CEE) countries in June 2023, according to new data figures published by Eurostat, the EU’s official statistics office. All of the EU member states in CEE registered inflation over the EU average of 6.4%
Increased attention has been drawn to the eastern Mediterranean region by energy companies and European governments in recent weeks, Financial Mirror wrote in an analysis of gas supply to Europe in the aftermath of Russia’s invasion of Ukraine last February. Despite reduced Russian gas flow due to the conflict
An apparent attempted coup d’etat led by the head of a mercenary group in Russia over the weekend set off emergency responses across Central and Eastern Europe (CEE) on Sunday, 26 June. Mercenary fighters of the Wagner private army, run by former Putin ally Yevgeny Prigozhin, pressed on across
Austria (26%) and Estonia (23%) had the EU’s highest proportions of organic land within their total utilised agricultural area (UAA) in 2020, according to recent data released by Eurostat. In 2021, the area used for organic farming expanded to 15.9mn hectares (ha) – or just under 10% of the
Russian bank Sberbank announced its complete withdrawal from the European banking market with the sale of its remaining shares in a EU member country on Friday, 16 June, state news agency TASS reported. As recently as the end of 2020, the bank’s total assets in the bloc totalled EUR
Only 4.48 million EU citizens aged 15 to 29 found themselves unemployed last year, according to the latest data from the EU’s official statistics agency Eurostat. This constituted 6.3% of those in that age group, a historic low since 2009, it added. The lowest rate in Central
Hungary has vetoed EUR 500mn worth of arms funding from the EU to Ukraine, Italian media first reported on Monday, which the government spokesperson’s office then confirmed. The funding would be the eighth transfer from the European Peace Framework (EPF) to finance arms shipments to the country since Russia
Estonia had the highest employment rate in Central and Eastern Europe (CEE) of 81.9% in 2022, according to the recently released data of the EU statistics agency Eurostat. Just behind the Baltic country were Czechia, with 81.3%, and Hungary (80.2%). The middle grouping of the EU member
Croatia had the highest share of tourism in total gross value added (GVA) at 11%, EU statistics office Eurostat finds in a newly released report entitled “Tourism Satellite Accounts in Europe”. GVA is output produced after deducting the intermediate value of consumption, or gross domestic product added to product subsidies,
Hungary could realistically replace Russian gas imports, according to local analysts, who say its dependence is reliant on the will of Hungarian politicians and economic players. Gas supply already shifting away from Russia Hungary’s procurement of sources has broadened and the partial replacement of Russian gas has begun, local
Net4Gas, Czechia’s natural gas transmission system operator, had not received its contracted monthly payment from Russian state-owned Gazprom by 4 January, Czech Industry and Trade Minister Jozef Sikela announced. Gazprom contracts made up 75% of the revenues of Net4Gas in 2021. In an official filing Net4Gas stated that it