This tag highlights content related to economic systems, trends, and impacts — including topics such as macroeconomic analysis, financial markets, economic policy, and sustainable growth.
Enlight Renewable Energy, a prominent player in the green energy sector, began production and sales at its EUR 43.29mn Tapolca solar project in west Hungary 60MW ahead of schedule on 31 July. The Tapolca project will meet the annual needs of about 30,000 Hungarian households, selling electricity at
The September 26, 2022 sabotage of the Nord Stream pipelines, a major European energy conduit running from Russia to Germany, remains shrouded in controversy and suspicion nearly two years after the explosions. Investigations have so far failed to definitively pinpoint the perpetrators, but recent reports have added a new complexity
As tens of thousands of Serbians rally in opposition to the contentious lithium mining project planned by company Rio Tinto in Jadar, west Serbia, an alternative is being investigated elsewhere in Central and Eastern Europe (CEE). A crucial material for enabling the EU to meet its 2030 climate goals may
Serbian police forcibly removed demonstrators from railway stations protesting the lithium mining project planned by company Rio Tinto, in the country’s capital Belgrade on Sunday August 11. President Aleksandar Vucic’s government last month authorised the British-Australian global mining group to establish Europe’s largest lithium mine – and reportedly
Adoption of zero-emission vehicles gaining traction in Central and Eastern Europe (CEE), according to Erste Group’s macroeconomic report for August 2024. The Austrian financial service provider’s analysis sees varied economic trajectories and fluctuating trade balances across CEE, as Slovenia reported a trade deficit of EUR 0.64bn in
Support for introducing the euro in Poland has decreased in the last year, pollster SW Research found, in a survey commissioned by the Economic Freedom Foundation. The proportion of Poles who back joining the eurozone in Poland “in the coming years” decreased year-on-year, from 34.9% in 2023 to 30.
Central and Eastern Europe (CEE) is making notable strides in the e-commerce arena, driven by increasing digital adoption and a burgeoning online market, according to a recent analysis by Polish IT solutions provider Exorigo Upos. In 2023, CEE’s e-commerce penetration was 55%, lagging Western Europe’s 80%, underscoring the
Hungary has borrowed EUR 1bn (approximately USD 1.1bn) from Chinese banks earlier this year, according to the country’s debt management agency, AKK, local business website Portfolio reported, based on public data. The loan, taken on 19 April, is a 3-year, floating-rate agreement with the China Development Bank, the
Poland has an improved investment climate and access to EU funding are expected to support this revival, according to a new cautiously optimism report by ING Bank Slqski and the European Economic Congress (EEC). The report presents a comprehensive analysis of the current state and future prospects of investment in
Poland has called for border protection discussions within NATO as China and Belarus carry out their first ever joint military manouevres near the Polish border. Chinese soldiers carrying out “anti-terrorism training” in Belarus add a new dynamic to the security situation in Central and Eastern Europe, as Russia’s war
Romania reported the highest inflation rate in May, of 5.8%, driven by significant increases in housing and utilities prices, according to the latest data from the EU’s official statistics agency Eurostat. Croatia experienced the second highest inflation in Central and Eastern Europe (CEE), of 4.3%, driven primarily
Hungarian Prime Minister Viktor Orban, Austria’s Freedom Party FPO leader Herbert Kickl and ANO party leader and former Czech prime minister Andrej Babis declared a “new era” as they announced a European Parliament political alliance named Patriots for Europe at a joint press conference in Vienna on Sunday, 30
Estonian Prime Minister Kaja Kallas was nominated on Friday, 28 June as the EU’s foreign policy chief (High Representative of the Union for Foreign Affairs and Security Policy), subject to agreement from the European Commission (EC) president. Kallas will succeed Spain’s Josep Borrell and become the first politician
Central and Eastern Europe (CEE) is becoming increasingly vital to the EU’s manufacturing landscape, the German Marshall Fund of the United States writes in a new report entitled “Rethinking Industrial Policy for Central and Eastern Europe”. Current industrial policies in the EU are pivoting towards high-tech, capital-intensive industries, as
Romanian companies are now obliged to offer customers the possibility to pay for purchased goods and services with credit and debit cards, under new regulations, effective Sunday, June 16. The law does not yet specify that a merchant must have a point of sale (POS) payment machine, as there is