This tag highlights content related to economic systems, trends, and impacts — including topics such as macroeconomic analysis, financial markets, economic policy, and sustainable growth.
On early Friday, Al Jazeera reported that Russian forces had sent missiles into Kyiv and other locations in Ukraine. Stating that Putin “must and will fail”, the European Union has agreed severe sanctions on Russia. Namely, this means the EU will freeze Russian assets within the Union. Also, Russian banks’
The European Union’s top court ruled that it can reduce funds to member states over rule of law concerns, rejecting a legal challenge from Poland and Hungary, on Wednesday. Hungary called the verdict “an example of how Brussels is abusing its power”, while Poland condemned the Court of Justice
There were almost 6.6 million female scientists and engineers in the EU in 2020, which represented a year-on-year rise of 254,500, according to a new report by Eurostat. Women now account for 41% of total employment in science and engineering, the EU official statistics office added. Among the
French Trade Minister Franck Riester said the EU will resolutely back Lithuania in its escalating trade war with China, on Sunday, Euractiv reported. Riester underlined that the small Baltic nation was “a victim of coercion from Beijing” after meeting his opposites numbers in Marseille. As the current holder of the
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
Estonia has become the digital model for Central and Eastern Europe (CEE) due to a digitalisation policy that has seen it close in on the wealth and GDP of EU countries further west. The keystones of Estonia’s ‘CEE dream’ are increasingly recognised as public service digitalization and digital integration.
The European Commission (EC) unveiled legislation designed to double Europe’s share of the semiconductor industry yesterday. The so-called Chips Act addresses supply-chain shortages in the EU’s tech sector. Having assigned EUR 11 billion for the package, the EU aims to raise EUR 43 billion overall and gain a
With a EUR 1,074 minimum wage, Slovenia was the only country in Central and Eastern Europe (CEE) where a gross monthly salary of over a thousand euros was guaranteed, as of January 2022, according to new data from Eurostat. The federal minimum wage in the United States was EUR
In Europe and in Hungary, initiatives to expand use of hydrogen as an energy source have been given the green light, as without it the EU’s 2050 climate targets seem unattainable. Carbon-neutral or low-carbon – green and blue hydrogen – could be one of the key energy sources for the climate-friendly
Romania’s GDP should grow 4.5% both this year and next, after a 6.3% expansion last year, according to a report released Friday by the Organisation for Economic Co-operation and Development (OECD). The positive projection came three days after Romania, Bulgaria and Croatia were announced as the three
Private sector wages in Czechia are rising by as much as 20%, Czech Radio found when it interviewed employment industry experts this week. High inflation and rocketing energy prices while the government has chosen to freeze salaries for civil servants, means companies are having to hike salaries to keep employees.
Poland’s relationship with China has undergone a significant shift in recent years. Yet the economic opportunities that were supposed to come with a closer partnership have not materialized. Below, we look into the causes. A very sensitive issue: 5G Poland, where Huawei has been operating since 2004, is where