A collection of 241 posts
One of the biggest car manufacturers of the world, the Czech Republic has a lot to lose if it does not adapt to the fundamental changes of the auto industry. But the country is confident it can host one of the gigantic battery plants of Europe, capitalizing on its skilled
With the aim of rolling out low carbon technologies, the Bill Gates-founded Breakthrough Energy Ventures is teaming up with the European Union to raise USD 1 billion in funding. The cooperation entails gathering private capital and philanthropic funds by Breakthrough Energy and combining them with EU community funding. The
On Tuesday, the EU agreed to new tax rules designed to increase the transparency of multinational companies with established operations in tax haven countries for the purpose of tax avoidance, but some NGOs say the rules don’t go far enough. According to the EU rules, such corporations whose worldwide
Czech prime minister Andrej Babiš should be indicted over charges of fraud involving European Union subsidies, according to a recommendation by Czechia’s national police, who made their announcement about Babiš on Monday. Prosecutors there said they had received an updated police investigation into his alleged involvement in fraud estimated
Usually, at this time of the year in Europe, everyone is already planning where they will spend their summer holiday. However, the coronavirus pandemic has forced us to reinvent many areas of life, like vacationing habits. The European vaccination campaign has accelerated in recent weeks and the third wave of
The EU was unusually unified and prompt in condemning Belarus for “hijacking” the Irish low-cost carrier Ryanair plane. The European Council has imposed new sanctions including banning Belarus’s airlines from using EU airspace and airports. Yet, it is still questionable whether tougher sanctions could force Lukashenko to change
Two European airlines, Austrian Airlines and Air France, have had to cancel flights to Moscow after Russian authorities denied permission for them to divert around Belarus to be in line with new EU sanctions. Russia’s ambassador to Austria, Dmitry Lyubinsky, justified the move on Facebook, writing that the “politicization”
Slovenia’s prime minister, Janez Janša, is facing increasing pressure from the European Union as his country is poised to take over the European Council presidency. For one, he is alleged to be obstructing the work of the Office of the European Public Prosecutor (EPPO), a new EU office whose
After what is being called the hijacking of a Ryanair flight from Athens-Vilnius on Sunday, heads of state and governments of the European Union on Monday rushed to agree a fresh wave of economic sanctions against Belarus. The European Council meeting document “strongly condemns the forced landing of a
Following two failed attempts in 2011 and 2016, this week the EU Commission presented its plans for the unification of the corporate tax rule book of member states. Decision-makers in Brussels decision intend to bring a halt to the race among EU member states to lower corporate taxes in
Public opinion in the EU strongly supports more ambitious national climate targets, according to a poll conducted in 12 European countries. The online poll commissioned by Transport&Environment from leading institute YouGov reveals that 68% of respondents would support their country’s climate target to be increased. The survey
Central and Eastern Europeans were forced to live under a communist regime for four decades, which hindered their development and broke them off from Western European progress. However, the former Soviet block has been reviving, growing twice as fast as the Western part of the continent for years, which has
Bulgaria’s president’s Security and Defence Secretary, Stefan Yanev, will be the prime minister of Bulgaria’s caretaker government. President Rumen Radev has appointed the government by decree. Gulub Donev will be deputy prime minister for Economic and Social Policy and Minister of Labor and Social Policy, Boiko Rashkov
More than 60% of Hungarian start-ups are using some sort of “deep tech,” according to the Hungarian Start-up Report conducted by Microsoft among 232 local start-ups. The top verticals were AI, Big Data, Fintech, Analytics/BI, IoT, and Medtech. The study strengthens a preconceived notion that Hungary
Exiled businessman Mikhail Khodorkovsky at a public hearing of the European Parliment told to MEPs: Russia has recruited allies in Angela Merkel’s German chancellor’s “inner circle” so as in the Austrian intelligence services. One of the earliest and most well known Russian ologarch, Khodorkovsky with his UK-based