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.

Poland begins EU presidency with Orban snub

Poland begins EU presidency with Orban snub

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

Poland to focus on security, regional cooperation during upcoming EU rotating presidency

Poland to focus on security, regional cooperation during upcoming EU rotating presidency

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

FDI paints rosier picture for Poland, Romania - OECD report

FDI paints rosier picture for Poland, Romania - OECD report

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

Czech ministers consider euro adoption

Czech ministers consider euro adoption

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

Populist surge in Romanian presidential election sees PM humbled

Populist surge in Romanian presidential election sees PM humbled

Romania’s presidential election race delivered a shock result on Sunday, 24 November, as far-right, pro-Russia independent Calin Georgescu won the first round with 22.9% support, with 97.48% of the votes counted. The positive result for Georgescu defied exit polls – and has rocked the country – after the relative

Hungary's energy strategy has left it vulnerable to electricity price speculators - report

Hungary's energy strategy has left it vulnerable to electricity price speculators - report

Hungary’s electricity market has become a focal point for speculative trading, driven by a combination of renewable energy imbalances and the rise of algorithmic trading, Hungarian media reported. Denmark leads charge in algorithmic trading Danish firms, leveraging advanced forecasting tools, are exploiting price fluctuations in Hungary, which lacks the

CEE secures EUR 1.4bn in AI funding in 2023-24

CEE secures EUR 1.4bn in AI funding in 2023-24

Central and Eastern Europe (CEE) is a rising force in artificial intelligence (AI) and startups in the region raised EUR 1.4bn in funding between 2023 and 2024, The Recursive writes in its second report entitled “The State of AI in CEE 2024”. Despite a less-than-perfect global funding environment, geopolitical

EU assesses candidates' progress in ten country reports

EU assesses candidates' progress in ten country reports

The European Commission (EC) analyses the accession prospects of all ten prospective members of the EU in a new set of reports on how the countries measure up to the criteria for governance, judicial independence and democratic standards required to join the bloc. The EC publishes an annual detailing of

CEE mulls ramifications of Trump's victory on trade, defence, environment

CEE mulls ramifications of Trump's victory on trade, defence, environment

As Donald Trump officially declared his victory in the US election, he received congratulations from numerous Central and Eastern Europe (CEE) leaders including Polish President Andrzej Duda and Hungarian Prime Minister Viktor Orban. However, CEE politicians and observers are now wondering what the leadership change in Washington will bring, as