Economy

This tag highlights content related to economic systems, trends, and impacts — including topics such as macroeconomic analysis, financial markets, economic policy, and sustainable growth.

CEE startups outpace Western Europe rivals

CEE startups outpace Western Europe rivals

Startups in Central and Eastern Europe (CEE) are growing faster than in Western Europe and the CEE startup ecosystem is now worth EUR 243bn, according to the CEE Startups 2025 report. While funding and valuations have surged in recent years, structural challenges remain, including geographic fragmentation, uneven investor coverage, and

Gender pay gaps remain in CEE, despite EU efforts

Gender pay gaps remain in CEE, despite EU efforts

Romania and Poland have gender pay disparities among the lowest in the EU, according to Eurostat data published this month. In Central and Eastern Europe (CEE), Romania and Poland recorded the smallest gender pay gaps in 2023, at 3.6% and 4.5% respectively — both well below the EU average

Europe’s trilemma: rearmament, green transition, competitiveness

Europe’s trilemma: rearmament, green transition, competitiveness

European leaders met in Brussels on 20 March to confront a mounting policy dilemma: how to balance rearmament, the green transition, and economic competitiveness. The discussions come amid slowing growth, high energy costs, and growing strategic insecurity — all while EU fiscal rules remain in place. At the heart of the

EU probes Hungarian subsidies to BYD under new foreign subsidies rules

EU probes Hungarian subsidies to BYD under new foreign subsidies rules

The European Commission (EC) has launched an inquiry into state support provided by Hungary to Chinese electric vehicle (EV) manufacturer BYD, as part of a broader investigation into foreign subsidies distorting competition in the EU. The preliminary probe, initiated on 19 March 2025, comes under the EU’s Foreign Subsidies

Poland, Czechia back 'coalition of the willing', Hungary, Slovakia align with Trump

Poland, Czechia back 'coalition of the willing', Hungary, Slovakia align with Trump

As political landscapes shift across Central and Eastern Europe (CEE), governments are recalibrating their approaches to Ukraine, European security, and internal governance. The region remains split between pro-European integration and nationalist, often pro-Kremlin, forces: Czechia and Poland reinforce their commitments to Ukraine, while Hungary and Slovakia align with Moscow. Meanwhile,

CEE to get four AI factories under EU initiative

CEE to get four AI factories under EU initiative

Central and Eastern Europe (CEE) is set to play a key role in the EU’s push to establish itself as a global leader in artificial intelligence under the new funding initiative Invest AI. European Commission (EC) President Ursula von der Leyen announced the plan at the AI Action Summit

Moldova, North Macedonia join harmonised European payments system SEPA

Moldova, North Macedonia join harmonised European payments system SEPA

Moldova and North Macedonia have been approved to join the Single Euro Payments Area (SEPA), marking a significant step in their integration with European financial systems.  The countries will become operational members on October 5, after becoming compliant with SEPA regulations from April, the European Payments Council (EPC) announced on

Austria coalition ends five months of limbo

Austria coalition ends five months of limbo

Austria’s centre-right People’s Party (OVP), centre-left Social Democrats (SPO) and centrist, liberal NEOs have now finalised a coalition pact after a five-month political impasse and two rounds of failed negotiations. Members of the NEOs voted 94% in favour of a coalition deal on Sunday, 2 March, clearing the

Ukraine, Slovakia ranked most bureaucratic countries

Ukraine, Slovakia ranked most bureaucratic countries

Except for wartorn Ukraine, Slovakia has the most red tape in Central and Eastern Europe (CEE), according to the latest Bureaucracy Index, an annual report by the Institute of Economic and Social Studies (INESS). The Bureaucracy Index measures the time and resources businesses must dedicate to compliance with government regulations.

Pro-Russian protestors set fire to EU office in Sofia, as Bulgaria nears eurozone

Pro-Russian protestors set fire to EU office in Sofia, as Bulgaria nears eurozone

As Bulgaria edges closer to the Eurozone, some 1,000 protestors gathered outside the National Bank headquarters waving banners and placards proclaiming “No to the euro” and “Yes to the Bulgarian lev” in a demonstration organised by the pro-Russian Vazrazhdane (Revival) Party on Saturday, 22 February. The demonstrators later proceeded

Austrian mainstream parties edge towards coalition after attempt of pro-Putin party fails

Austrian mainstream parties edge towards coalition after attempt of pro-Putin party fails

The centre-right People’s Party (OVP) and the centre-left Social Democrats (SPO) are working behind closed doors on a coalition deal that would exclude the far-right, pro-Russia Freedom Party (FPO) from government, after the latter party failed to form a ruling coalition, party officials said on Thursday, 20 February. Austria’

Kosovo PM wins election but loses majority

Kosovo PM wins election but loses majority

Kosovo’s parliamentary elections saw Kosovan Prime Minister Albin Kurti’s ruling centre-left Vetevendosje (self-determination) party win the most seats but fall short of a majority, on Sunday, 9 February. Kurti’s party garnered around 40% of the votes, down from 50% in 2021, exit polls suggested. He wrote on