A collection of 122 posts
The three Baltic countries are the worst hit by the wave of inflation in Europe, according to the latest flash estimate from the EU’s official statistics agency Eurostat. Latvia currently has the highest inflation in the Eurozone, as prices rose 20.7% year-on-year in December, slightly higher than in
The national grid operators of Poland and the three Baltic countries signed a cooperation agreement with their German and Nordic peers on new hydrogen infrastructure linking Finland to Germany via their countries, on Wednesday 14 December. The Nordic-Baltic Hydrogen Corridor signatories from Central and Eastern Europe (CEE) were Poland’s
Wizz Air will serve 31% more passengers than Ryanair in Central and Eastern Europe (CEE) and the Caucuses this winter, according a new report that cites Official Aviation Guide (OAG) data. While the Hungary-headquartered airline runs 651 routes to, from and in CEE, this figure is 514 for Ryanair. That
For the ninth consecutive year, Estonia has the best tax regime of the Organisation for Economic Cooperation and Development (OECD) countries, according to the latest International Tax Competitiveness Index (ITCI). Of the index’s top ten countries, five from Central and Eastern Europe (CEE) were included. Estonia’s top ITCI
Central and Eastern Europe (CEE) is one of the fastest growing regions in Europe by enterprise value and has grown by 760% since 2017, according to the latest annual report by Dealroom.co. The Amsterdam-based startup and tech data company found three main takeaways from its research of regional venture
Household electricity prices rose year-on-year in the first half of 2022, from EUR 22 per to EUR 25.30 per 100 kWh on average, according to the latest report by Eurostat. Meanwhile households across the bloc saw gas prices climb from EUR 6.40 to EUR 8.60 per 100
Estonia’s Sõrve peninsula area looks set to be the location for the major Estonian-Latvian hybrid offshore wind farm project ‘Elwind’, according to a feasibility study. The total capacity of the planned project will be 700MW to 1GW, and annually will provide over 3 TWh of energy, improving energy security
Latvia’s ruling centre-right party Jauna Vienotiba (New Unity) was the clear winner in the country’s general elections at the weekend with around 19% of the vote, as Russian minority parties dropped out of parliament, with 99% of the votes counted on Sunday. The Greens and Farmers Union came
Hungarian Sinologist Tamas Matura argued in his recent report for CEPA that China wields little influence in Hungary, despite the Hungarian government’s decade of support for Beijing in the EU. However, shortly after the release of the CEPA report, China’s CATL announced plans to build a EUR 7.
Lithuania, Latvia and Estonia are finalising coordinated agreements on restricting entry for the Russian citizens with Schengen visas, the three Baltic countries’ foreign ministers announced after a meeting of the Nordic-Baltic Eight in Kaunas, Lithuania, on Wednesday. The Baltic countries are planning tighter measures than those announced by the EU
Estonia has repelled its most severe hacking attack in 15 years, the government announced on Thursday. The hack of the previous day targeted 207 Estonian institutions, including its main online payment platform, according to the country’s digital communications officials. The country’s main banks, health, home, public and education
Corruption is considered a very serious problem by 59% of business leaders in Romania, the highest percentage in the EU, according to a recent survey from Ipsos European Public Affairs. Perceptions of graft vary greatly across the continent and business sectors, according to the pollster, which was commissioned to carry
The International Monetary Fund (IMF) has recommended that European governments let consumers bear the brunt of rocketing domestic energy bills, in part to encourage power saving. In the wake of Russia’s invasion of Ukraine, energy consumer prices are rising 40% year-on-year in the euro zone, drastically reducing disposable incomes,
Estonia is top in Central and Eastern Europe (CEE) and seventh in the EU as a whole in the new European Commission (EC) Digital Economy and Society Index (DESI) rankings for 2022. The Baltic country, often nicknamed e-Estonia, was also placed first in the EU for its digital public services.
The European Innovation Council (EIC) will award grants or equity investments of up to EUR 17.5mn to six “high potential” startups from Poland, Estonia and Bulgaria, it announced Wednesday, 8 June. Poland had three grantees announced on Wednesday: Ecoplastomer, which develops technology for plastic and rubber waste, Camino Science,