EU

A collection of 71 posts

Romania voids Russia-linked presidential ballot

Romania voids Russia-linked presidential ballot

Romania’s Constitutional Court (CCR) annulled the country’s presidential election on Friday, 6 December after the emergence of evidence of Russian interference in the lead-up to the first-round vote late last month. Pro-Russian ultranationalist candidate and political newcomer Calin Georgescu unexpectedly won the first round of voting on 24

Romanian ruling party wins House elections to stem political crisis

Romanian ruling party wins House elections to stem political crisis

Romania’s ruling centre-left party came first in parliamentary elections, according to preliminary results, one week after the surprise victory of a far-right, anti-NATO presidential candidate in the first-round ballot. With 96.4% of votes counted, the ruling Social Democratic party (PSD) had 22.5% of the votes to the

New EU Commission readies for pivotal term

New EU Commission readies for pivotal term

European Commission (EC) President Ursula von der Leyen looks set to push through her new team of commissioners and executive vice-presidents this week, following a contentious process that has exposed political divides in the European Parliament (EP). EC executive vice-presidents and commissioner-designates were selected after weeks of disputes between the

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

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

Albania opens first EU-accession chapters

Albania opens first EU-accession chapters

Albania’s bid to join the EU gained momentum at the latest intergovernmental conference that marked the opening of formal EU accession talks in Luxembourg on Tuesday, October 15. The talks focused on the first cluster of chapters known as the “fundamentals,” which include human rights, rule of law, and

EU okays Polish EUR 1.2bn state-aided energy-storage project

EU okays Polish EUR 1.2bn state-aided energy-storage project

The European Commission (EC) has greenlit Poland’s USD 1.2bn scheme for projects to increase electricity storage capabilities to foster the transition to a net-zero economy under the Temporary Crisis and Transition Framework (TCTF). The move, approved on October 3, 2024, will aid Poland’s shift away from fossil

CEE's evolving e-commerce landscape

CEE's evolving e-commerce landscape

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

EU pushes Romania to modify energy price caps

EU pushes Romania to modify energy price caps

2 min read Economy, Energy, EU, Romania

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

As EU slaps new tariffs on Chinese BEVs, VW rolls out 'gamechanging' electric vehicle

As EU slaps new tariffs on Chinese BEVs, VW rolls out 'gamechanging' electric vehicle

The European Commission (EC) has announced that it will impose additional import tariffs on Chinese battery electric vehicles (BEVs) following a vote among member states on Friday, 4 October, after a year-long investigation. The EC, which suspects China of undercutting European carmakers by subsidising its EV industry, wrote that it

Estonia, Latvia, Lithuania, Poland to ask EU to cofund 'Baltic Defence Line'

Estonia, Latvia, Lithuania, Poland to ask EU to cofund 'Baltic Defence Line'

Estonia, Latvia, Lithuania, and Poland are seeking EU financial support for a coordinated network of military fortifications along their borders with Russia and Belarus. “The security situation demands comprehensive defences,” Estonian Defense Minister Hanno Pevkur said, adding that “the Baltic Defence Line supports NATO’s forward defense and is vital

Czech 'crisis manager' Sikela to helm EU’s answer to China’s Belt and Road Initiative

Czech 'crisis manager' Sikela to helm EU’s answer to China’s Belt and Road Initiative

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.