A collection of 105 posts
Bosnia and Herzegovina (BiH) is receiving crucial assistance from across Central and Eastern Europe (CEE) as well as the EU, as rescue teams help tackle the aftermath of severe floods and landslides that hit large parts of the country on Friday, 4 October. Torrential rain has caused rivers to overflow
Financed with a EUR 5mn EU grant and a EUR 100mn loan from the European Investment Bank (EIB), the nearly 1km-long Hercegovina Bridge on Corridor Vc (a.k.a. E73) opened on Wednesday, 4 September. The new bridge represents Bosnia and Herzegovina’s (BiH) largest infrastructure project and forms part
In total 6 of 17 countries from Central and Eastern Europe (CEE) made the top 50 for fastest internet speeds, with an average download speed of 76.58 Mbps, placing it the 4th global region. CEE’s top performers were Slovakia, Hungary, and Romania, with average speeds of 145.19
Adoption of zero-emission vehicles gaining traction in Central and Eastern Europe (CEE), according to Erste Group’s macroeconomic report for August 2024. The Austrian financial service provider’s analysis sees varied economic trajectories and fluctuating trade balances across CEE, as Slovenia reported a trade deficit of EUR 0.64bn in
Central and Eastern Europe (CEE) could be closing in on an energy standoff as Hungary and Slovakia have threatened to restrict or even suspend electricity supplies to Ukraine in response to its recent decision to halt crude oil transits of Russian supplier Lukoil, Hungarian state news channel M1 reported on
The new report on rule of law and governance by the European Commission (EC) gives a mixed picture on Central and Eastern Europe (CEE) anti-corruption efforts, judicial independence, media freedom, and legislative practices. The EC’s Rule of Law Report 2024, its 5th, included assessments of developments in Bulgaria, Czechia,
Romania reported the highest inflation rate in May, of 5.8%, driven by significant increases in housing and utilities prices, according to the latest data from the EU’s official statistics agency Eurostat. Croatia experienced the second highest inflation in Central and Eastern Europe (CEE), of 4.3%, driven primarily
Despite an overall downturn, the Central and Eastern European (CEE) start-up scene showed resilience in the first quarter of 2024, when it secured USD 11.8bn in investor funding. AI continues to attract significant interest, representing about 17% of global funding. Other key industries receiving investments in CEE include enterprise
Per capita income in Slovenia will surpass that of Italy by 2029 when adjusted for purchasing power (PPP), according to the latest International Monetary Fund (IMF) projections, while Lithuania will draw level and Poland will not be far behind. The shift makes good on promises that the Central and Eastern
By 2030 Artificial Intelligence could be contributing as much as 11.5%, or USD 700bn (EUR 6.55bn), to the GDP of Southern Europe, including the Adriatic region, Kalin Dimtchev, country manager for Microsoft Adriatic, said in a recent interview about the AI transformation. Both the public and private sectors
Lithuania had the lowest annual inflation rate of 0.4% in the EU in March 2024, EU official statistics office Eurostat reports. The EU’s highest inflation rates were also recorded in Central and Eastern Europe (CEE) countries, with the steepest price increases in Romania (6.7%), Croatia (4.9%
The ruling conservative Croatian Democratic Union (HDZ) won the most seats but failed to secure a simple majority in the snap parliamentary election held on Wednesday, 17 April. The HDZ won 61 seats (down 7) in the 151-member assembly, to 42 (up 22) for the Social Democratic Party-led (SPD) centre-left
NATO Secretary General Jens Stoltenberg agreed to progress with planning a greater role in coordinating aid to Ukraine on the first of two days of meetings at the NATO Headquarters in Brussels, Belgium, on Thursday 4 April, the 75th anniversary of the signing of the defence alliance’s founding document.
The share of renewable sources in gross final energy consumption at the EU level reached 23% in 2022, up 1.1 percentage points (pp) year-on-year, the bloc’s statistics office Eurostat reports. The EU’s revised Renewable Energy Directive has upped the bloc’s 2030 renewable energy target from 32%
The EU has selected seven projects to co-fund 5G transport corridors connecting regions throughout Europe, improving road, rail, inland waterways, and multimodal transport. They will support 5G infrastructure deployment over cross-border sections of 5G corridors and ensure service continuity when border crossing. Central and Eastern Europe (CEE) is well represented