A collection of 252 posts
Ukrainian President Volodymyr Zelenskyy called on European leaders to step up their efforts towards peace in Ukraine during a string of high-level phone calls on Friday, 21 February, including several with premiers of Central and Eastern Europe (CEE) countries. Zelenskyy stressed that Europe must act more decisively, in a televised
The Munich Security Conference ended on a cautiously positive note for EU candidate countries Albania and Montenegro on Sunday, 16 February. After a tumultuous 3 days, EU Enlargement Commissioner Marta Kos namechecked Albania and Montenegro as “front-runners” for EU accession during a roundtable discussion, adding that their negotiations could be
Poland’s economy emerged as a regional standout in 2024, recording a GDP growth of 2.9%, significantly outpacing its Central and Eastern European (CEE) peers, according to an ING Bank analysis that cited Poland’s StatOffice. While other CEE economies fell short of expectations, Poland’s economic expansion was
German companies are considering ramping up investments in Central and Eastern Europe (CEE), with 55% expecting the region’s economic significance to grow in the next 5 years, according to the “German CEE Business Outlook 2025” report by auditor KPMG. The survey analysed the economic prospects and business strategies of
Central and Eastern Europe (CEE) is emerging as a hub for innovation and growth with the achievements of its fastest-growing technology companies, according to the Deloitte Technology Fast 50 Central Europe 2024 report. The global auditor’s annual report, now in its 25th year, ranks the 50 fastest-growing public or
Romania’s government has approved a repeat presidential election in May after institutional chaos and controversy saw the ballot in November annulled. The rerun vote is scheduled for 4 May and – if no candidate secures a simple majority – another will be held on 18 May. Romania’s Constitutional Court on
US President Donald Trump’s inauguration ceremony on Monday, 20 January, broke with tradition and extended invitations to political leaders. However, footage of former Poland prime minister Mateusz Morawiecki attempting to cross a barricade into the ceremony site by showing US National Guard members his Wikipedia page, which went viral
Electric vehicle (EV) adoption across Central and Eastern Europe (CEE) remains uneven, with significant variations between countries in the region, according to new data from the European Environment Agency (EEA). Adoption rates in CEE lag behind Western Europe: the Western Balkans, for example, has just 1,540 public EV charging
Hungarian banking group OTP’s subsidiaries in Albania, Bulgaria, Hungary and Slovenia were ranked as the best banks in their respective countries at the Bank of the Year 2024 Awards organised by The Banker magazine. The UK-based outlet, part of the Financial Times Group, said it chose the winning banks
Czechia’s RegioJet is the top-performing rail operator in Central and Eastern Europe (CEE) for cost and quality, according to the latest report of the European Federation for Transport and Environment, or Transport & Environment (T&E). In the report T&E, an umbrella organisation for green and
Digital news consumption in Central and Eastern Europe (CEE) is transforming, driven by evolving audience habits, technology adoption, and growing mistrust in traditional media, according to Reuters Digital News Report 2024. Internet penetration and smartphone usage have enabled a rapid shift online, but challenges related to declining trust in news
Central and Eastern European (CEE) countries are still navigating post-pandemic economic challenges amid newer geopolitical tensions, according to the Economic Outlook December 2024 report from the Organisation for Economic Co-operation and Development (OECD). Inflationary pressures, labour shortages, and weakened demand from key European markets, most notably Germany, are affecting industrial
A new report on the pros and cons of euro adoption from the Czech National Economic Council (NERV) warns that joining the eurozone would see Czechia lose control over interest rates and monetary policies, limiting its ability to address domestic economic issues. On the positive side, the report highlighted that
Romania’s Constitutional Court (CCR) annulled the country’s presidential election on Friday, 6 December after the emergence of evidence of Russian interference in the lead-up to the first-round vote late last month. Pro-Russian ultranationalist candidate and political newcomer Calin Georgescu unexpectedly won the first round of voting on 24
The Hungarian forint plummeted to a near-historic low against sterling on Monday morning, with a British pound buying HUF 501.5. For Hungary, heavily reliant on imports, the forint’s fall inflates the cost of goods. When coupled with high interest rates, this inflation creates a precarious economic environment. The