A collection of 63 posts
For the ninth consecutive year, Estonia has the best tax regime of the Organisation for Economic Cooperation and Development (OECD) countries, according to the latest International Tax Competitiveness Index (ITCI). Of the index’s top ten countries, five from Central and Eastern Europe (CEE) were included. Estonia’s top ITCI
Ryanair CEO Michael O’Leary said his budget airline has no plans to withdraw from Hungary but will cease some services in the winter months in response to the government’s “idiotic” windfall tax on airlines, at a press conference in the Hungarian capital of Budapest on Tuesday. The move
Slovakia, Hungary, Romania and Moldova were among the European countries most affected by low rainfall rates in the three months up to 10 August, according to the latest report from the European Commission (EC) research body Global Drought Observatory (GDO). Other badly hit regions in Central and Eastern Europe (CEE)
Corruption is considered a very serious problem by 59% of business leaders in Romania, the highest percentage in the EU, according to a recent survey from Ipsos European Public Affairs. Perceptions of graft vary greatly across the continent and business sectors, according to the pollster, which was commissioned to carry
Austrian Foreign Minister Alexander Schallenberg said it is extremely important that the EU provide support to Africa, when he and his opposite numbers from Slovakia, Czechia, Hungary and Slovenia gathered in Budapest on Thursday. Russian President Vladimir Putin is taking advantage of the famine caused by his war in Ukraine,
Austria’s foreign and European affairs minister said he expects the countries in the Western Balkans (WB) to join the EU, after he met Serbian government officials in Belgrade on Monday, 13 June. Alexander Schallenberg added that he hopes Serbia and other WB states will align their stances on Russia
Austrian energy group OMV announced on Friday that it was opening an account with Russian Gazprombank for ruble conversion. The development came after repeated Austrian assertions that it would not pay for gas in rubles, as Russia demanded in response to EU sanctions over its invasion of Ukraine on 24
Croatia is currently boosting its own gas security in preparation for next winter, Energy Minister Davor Filipovic announced. By 1 November, Croatia will have filled its only underground gas storage facility in Okoli, central Croatia, by up to 90%, Filipovic told state broadcaster HRT. Filipovic was speaking after a report
Companies from at least nine Central and Eastern Europe (CEE) countries will present their products and services at the upcoming military, aeronautical and security equipment exhibition Black Sea Defense and Aerospace (BSDA) in Bucharest, Romania. The biannual event’s organisers describe BSDA as a platform for Romanian companies to establish
A coalition of 11 European Union states led by Denmark wants to accelerate the continent’s green transformation, in order to end the bloc’s dependence on Russian energy. EU governments last year commenced talks on reforms aimed at meeting 2030 emissions reduction goals. Now some countries including Poland want
Over two hundred Russian diplomats have been sent home from countries in Europe this week, in response to scenes of atrocities in the Kiev suburb of Bucha, in eastern Ukraine. The number of expelled Russian envoys from European states now totals 325, representing “one of the biggest diplomatic breakdowns of
Poland adopted draft legislation on Wednesday to prohibit coal imports from Russia. In its efforts to move away from all Russian energy sources, Warsaw says coal will be cut off within two months, while oil imports should cease by the end of 2022, according to Notes From Poland. Poland’s
Poland is predicted to have the highest level of inflation of 6.8% in Central and Eastern Europe (CEE) – and the EU as a whole – this year, according to a new European Commission (EC) forecast. The EC’s prediction for Poland is way over the average predicted rise in the
The Austrian Greens party made secret, parallel arrangements when it signed a coalition deal with the conservative OVP party in 2020, according to a newly leaked document. The supplementary agreement, or “Sideletter”, was unknown to party members and even Greens politicians who had co-negotiated the coalition deal. One of the
As the EU surpassed its target of 20% sustainable energy usage in 2020, the Central and Eastern Europe (CEE) high achiever was Latvia 42.1%, which was in 3rd place in the bloc as a whole, new Eurostat figures show. In total, 7 CEE countries were above the EU average