CEE auto, steel at sharp end of Trump tariffs
US President Donald Trump’s new raft of global tariffs threatens to hammer the export-driven economies of CEE countries.
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US President Donald Trump’s new raft of global tariffs threatens to hammer the export-driven economies of CEE countries.
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 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
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.
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
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
Romania will hold fresh presidential elections on 4 May, after its Constitutional Court annulled November's vote, citing Russian interference. However, the decision to disqualify nationalist frontrunner Calin Georgescu has seemingly propelled far-right leader George Simion into a commanding position, fuelling concerns about the direction of Romanian democracy. Generational
The US and Russia are discussing the potential reopening of the Nord Stream 2 gas pipeline, raising significant concerns across Europe, according to media reports. The natural gas pipeline, which runs beneath the Baltic Sea, aimed to double Russian gas exports to Germany. However, it has remained inactive since its