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
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.
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
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’
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
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
The European Commission (EC) unveiled its flagship “Competitiveness Compass” initiative on 29 January, the first major project of its 2024-29 term. The initiative is designed to serve as a strategic roadmap to foster innovation in sectors such as AI, semiconductors, quantum tech and biotechnology in Central and Eastern Europe (CEE)
The year in Central and Eastern Europe (CEE) has begun with large-scale protests across the region, including in Serbia, Slovakia, Greece and Montenegro, amid rising geopolitical tensions.
While the triggers vary, the demonstrations have the common thread of addressing government incompetence and demanding improved transparency, reforms and alignment with European
Polish Prime Minister Donald Tusk has urged European countries to increase defence expenditures in alignment with the official 2% of GDP target for NATO members, as frequently cited by US President Donald Trump.
Speaking at the European Parliament in Strasbourg, Tusk emphasised that the EU’s survival depends on its
Hungary’s political landscape is marked by a mix of economic uncertainty increasing opposition momentum and continued tensions with the EU, according to the annual report of independent Budapest-based think tank Policy Solutions.
“Fifteen years in power was supposed to be a key milestone when things could have mellowed for
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
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
Polish Prime Minister Donald Tusk said he will prioritise security, defence and support for Ukraine while strengthening sanctions on Russia, at the launch event of his country’s presidency of the Council of the EU on 3 January, 2025.
The gala began with a speech from Tusk, who outlined the
Polish government representatives outlined the key priorities for its six-month stint holding the presidency of the Council of the EU from 1 January , at a press event at the Chancellery of the Prime Minister in Warsaw on Tuesday, 10 December.
Unveiling the motto of its upcoming tenure “Security, Europe!”, Polish
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