The EC is expected to present the proposal formally as part of its mid-term budget review later this year. The plan must be approved unanimously by all 27 member states and endorsed by the European Parliament. Opposition is expected from net contributor countries and regions facing cuts.
CEE contributions include cross-border logistics, public-private coordination platforms, and green recovery initiatives. Regional forums such as the Three Seas Initiative are also expected to play a larger role in financing and implementation.
The European Commission (EC) published long-term budget allocation plans on 17 July, showing Poland set to receive the highest national allocation under the 2028-34 Multiannual Financial Framework (MFF), totalling EUR 123.3bn.
The signatories, including Poland, Romania, Hungary, Bulgaria, Slovakia, Estonia, Latvia and Lithuania, said the policy’s “visibility and predictability” would be compromised if merged into a broader single investment fund.
The withdrawal will take legal effect on 2 June 2026, making Hungary the first EU member state to exit the Rome Statute, which underpins the ICC’s jurisdiction to prosecute war crimes, crimes against humanity, and genocide.
The InvestAI programme, presented by the European Commission president Ursula von der Leyen in September 2024, earmarked EUR 20bn. The Polish-Baltic consortium is one of the first regionally coordinated bids submitted under the framework.
Tusk acknowledged the expected use of veto by President-elect Nawrocki, as did outgoing President Andrzej Duda during the first 18 months of the KO's term. The KO does not have the 3/5 supermajority, or 276 out of 460 seats, needed to overturn a presidential veto.c
The European Commission (EC) this month placed Romania under the excessive deficit procedure, warning that further delays risk triggering the suspension of EU funds.
Petar Ganev, senior research fellow at Bulgaria’s Institute for Market Economics said “When you don’t trust the institutions in the country, it is much harder to make any transition … especially when it comes to joining the euro."
The result will extend Law and Justice (PiS) party influence over the presidency and its continued obstruction of the "big tent" pro-EU governing Civic Coalition (KO) led by Polish Prime Minister Donald Tusk.
China's trade with Central and Eastern Europe (CEE) reached USD 142.3bn in 2024, marking a 6.3% year-on-year increase, surpassing China's overall foreign trade growth rate by 2.5 percentage points, according to China's General Administration of Customs.
The total marked a 4.
Bulgaria’s pro-European opposition has tabled a declaration committing the country to join the Eurozone on 1 January 2026, challenging the government to reaffirm its commitment to its deadline, amid suggestions of a referendum on the issue.
The We Continue the Change-Democratic Bulgaria (PP-DB) coalition, called for Parliament to restate
In a new step in the cleaner transport transition, OMV Petrom has inaugurated Romania's largest electric vehicle (EV) hub with 34 charging points of up to 400kW on the A1 motorway near Miercurea Sibiului, central Romania.
The site is located on the Rhine-Danube Corridor - one of Romania’
Hungary currently leads the world for share of solar energy in its energy mix, as it generated a quarter of its domestic electricity from photovoltaic panels in 2024. However, the recent massive blackout in Spain and Portugal served as a reminder of the challenges involved with high reliance on renewable
Czechia has halted imports of Russian crude oil delivered via the Druzhba pipelinefor the first time in 60 years, Czech Prime Minister Petr Fiala announced in mid-April.
The milestone was enabled by the expansion of the Transalpine Pipeline (TAL), which connects the Italian port of Trieste to Austria and Germany,