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 is the dominant country in the Central and Eastern Europe (CEE) business landscape, with 184 companies listed among the region’s top 500, according to Coface’s 2024 CEE Top 500 ranking. Sector shifts, new entrants make top 500 Polish energy giant PKN Orlen topped Coface’s Top 500
Bulgarian ex-prime minister Boyko Borissov’s conservative, pro-EU GERB (Citizens for European Development of Bulgaria) party garnered approximately 25% of the votes in Bulgaria’s 7th general election in 4 years on Sunday, 27 October, falling well short of a majority to rule independently. An exit poll by local firm
Romania has approved “technical-economic indicators” for an over RON 750mn (EUR 150.8mn) rail construction project at the country’s largest port Constanta, east Romania, scheduled for completion in two years. The Central and Eastern Europe (CEE) country has plans to transform Constanta into a key Black Sea logistics hub,
Central and Eastern Europe (CEE) economies have largely overcome the so-called middle-income trap, but face challenges around sustainable growth and convergence with Western European living standards, Dutch multinational banking and financial services corporation ING bank found in a study that looked at key development trends in Poland, Hungary, Czechia, Romania
The sixth China and Central and Eastern European Countries Local Leaders’ Meeting concluded on 16 October with a firm commitment between the Asian country and Central and Eastern Europe (CEE) officials to deepening strategic cooperation across sectors such as trade, agriculture, and technology. The two-day summit, held in Yantai, Shandong
Serbian MPs voted down the enactment of a ban on lithium and boron exploration on Thursday, 10 October. An opposition-tabled House motion had suggested amending the Mining and Geological Research Act but was rejected by 128 MPs opposed, while 84 supported the change and 2 abstained. The Serbian Parliament is
Central and Eastern Europe (CEE) is catching up with Western Europe for e-commerce, but unique regional challenges and opportunities are shaping its growth trajectory, according to the European e-Commerce Report 2024. Central Europe Many CEE countries still experience uneven digital development, as compared to Western Europe where higher internet penetration
The EU has called on Romania to amend its energy price-capping scheme, urging the government to allow gas and electricity producers to set their own prices. The request came in the form of a letter, with Romania expected to respond within two months. The letter marks the first step of
Czechia’s former industry minister and crisis manager Jozef Sikela has been appointed to lead the EU’s EUR 300bn Global Gateway Strategy, the bloc’s riposte to China’s Belt and Road Initiative (BRI). Sikela will oversee infrastructure investments aimed at countering the BRI by forging strategic international partnerships.
US firm Intel has decided to delay its semiconductor plant project near Wroclaw, west Poland, until 2026 due to the company’s worsening global financial situation, the Polish Digital Affairs Ministry announced on Monday, 17 September. The ministry said Poland remains committed to semiconductor investments and plans to use its
The incoming EU administration should ensure that countries in Central and Eastern Europe (CEE) lever more influence in the bloc, Slovakia-based think tank Globsec writes in a new report on the interests and security of CEE nations and increasing Europe’s global influence from 2024-29. “Until now, Central and Eastern
South Korea’s Korea Hydro & Nuclear Power (KHNP) will lead Czechia’s largest-ever investment project when the Central and Eastern Europe (CEE) country expands its nuclear power plant in Dukovany, south Czechia, Czech Prime Minister Petr Fiala said on Friday 20 September. A central part of Czechia’s long-term
Slovak Prime Minister Robert Fico on Wednesday, September 18, reversed decades of opposition to tax hikes as his government amended VAT laws, effective 1 January, 2025. As recently as April, the leader of Slovakia’s nominally left-wing Smer-SD party, positioned himself as a champion of low-income earners, saying “I oppose
Germany’s Rheinmetall will spend more than EUR 180mn on an ammunition manufacturing facility in Lithuania, the Lithuanian Economy and Innovation Ministry said. The production unit is expected to produce tens of thousands of rounds of ammunition per year. Last week the Lithuanian economy and finance ministries said another EUR
The European Organization for Nuclear Research (CERN) officially welcomed Estonia as its 24th member state on Friday, 30 August. CERN said Estonia’s joining represents “a significant milestone in the organisation’s history and furthering its commitment to international scientific cooperation”, adding that it “culminates a formal application process that