Geopolitical cohesion key driver of EU trade - Deloitte report
“For Europe, analysis of the historical data shows that a 1% drop in geopolitical alignment is associated with a corresponding 1% decline in trade intensity,” Deloitte observed.
European Commission
A collection of 160 posts
Balkan economies weigh cost of US-EU tariff 'compromise'
The World Bank forecasts regional growth of 3.1% in 2025, and finance ministries say cushioning the tariff shock will be essential to meeting that target. However, regional industry groups are warning of mounting pressure on Balkan economies.
Baltic exports face testing times under US tariff cap
Brussels‑based think tank Bruegel estimates that the average US tariff on EU goods will rise to 15.2%. Although that average masks significant differences - it underscores the new baseline confronting Baltic exporters.
Lithuanian gov’t collapses after PM resigns over EU funds scandal
“I carried out my duties in good faith, but I cannot allow this situation to paralyse the work of the government,” Paluckas told members of the press after tendering his resignation in Vilnius, south-east Lithuania.
Dan gov’t confirms Russian election hacking, citing NATO, EU
Romania’s 2024 presidential elections marked the first instance of a national vote annulled due to foreign interference within the EU, the European Commission noted. The episode has triggered renewed calls in the EU and NATO for enhanced cybersecurity capacity and democratic resilience across CEE.
EC unveils EUR 2tn 2028-34 budget draft, tilting funding model towards CEE countries
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.
Poland, Czechia, Baltics lead Ukraine recovery push, Hungary, Slovakia reject plans
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.
Poland leads EU funding recipients with EUR 123.3 bn in long‑term budget draft
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.
CEE countries jointly oppose EU's 'flexible funding' plan
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.
Hungary's decision to quit international court triggers diplomatic fallout
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.
Poland, Baltics plan EU-backed AI infrastructure hub
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.
Polish gov't wins confidence vote but presidential veto remains
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
Romanian parties must form gov't or lose EU recovery funds
The European Commission (EC) this month placed Romania under the excessive deficit procedure, warning that further delays risk triggering the suspension of EU funds.
Bulgarians protest as EU okays eurozone entry
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."
Nawrocki elected Polish president, cementing power of veto for right-wing
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.