A collection of 232 posts
A total of 59 companies have been awarded non-reimbursable funding totalling some MDL 25mn (EUR 1.3mn) as part of a MDL 544mn (EUR 28.29mn) EU-led stimulation initiative. Since the beginning of the year, the Organization for Entrepreneurship Development (OED) has already facilitated grants of over MDL 144mn to
Polish Prime Minister Donald Tusk advised caution to European politicians calling for Hungary’s expulsion from the Schengen area, as it could in turn lead to its departure from the EU, on Friday, 9 August. Schengen member Hungary’s unilateral easing last month of visa requirements for citizens of Russia
The expansion and modernisation of the NATO air base in Constanta, south-east Romania, symbolises the country’s growing strategic importance to NATO and the US, regional expert Ronald H. Linden writes in an article entitled “Romania is America’s new indispensable ally in Eastern Europe” in US politics daily The
Hungary has borrowed EUR 1bn (approximately USD 1.1bn) from Chinese banks earlier this year, according to the country’s debt management agency, AKK, local business website Portfolio reported, based on public data. The loan, taken on 19 April, is a 3-year, floating-rate agreement with the China Development Bank, the
Bulgaria has extended a helping hand to Hungary in managing the fallout from Ukraine’s recent ban on the transit of oil from Russia’s Lukoil, Hungarian Foreign Minister Peter Szijjarto, announced in Bucharest, Romania, on Wednesday 24 July. Szijjarto detailed how he and Bulgarian Energy Minister Vladimir Malinov had
Hungarian Prime Minister Viktor Orban was accused of mission creep by the international community after he opened his first week hosting the six-month EU rotating presidency with unannounced trips to Kyiv, Moscow and Beijing. Orban’s final destination after a busy week was Washington DC, for the long-planned NATO summit
The EU formally opened accession negotiations with Moldova and Ukraine on 25 June. The agreement of the EU’s 27 members was secured the previous week, despite efforts from Hungary to block the move. “These are truly historic moments. Ukraine is and will always be part of a united Europe,
Estonian Prime Minister Kaja Kallas was nominated on Friday, 28 June as the EU’s foreign policy chief (High Representative of the Union for Foreign Affairs and Security Policy), subject to agreement from the European Commission (EC) president. Kallas will succeed Spain’s Josep Borrell and become the first politician
Hungarian Prime Minister Viktor Orban, who recently described the current European Commission (EC) as “the worst one” ever, framed the June 7-9 elections as a decisive moment between peace and the spectre of war looming over Europe, at a large demonstration in Budapest on Saturday, 1 June. Orban called for
Countries from Central and Eastern Europe (CEE) made up five of the seven signatories states of a letter expressing concern over recent developments in Georgia to its Parliamentary Chairman H.E. Shalva Papuashvili sent on Friday, 24 May. In recent months, Georgia has witnessed political and social upheaval, as anti-government
Poland will invest PLN 10bn (EUR 2.35bn) in securing its eastern border against the rising threat of Russia and Belarus, Polish Prime Minister Donald Tusk said on Saturday, 18 May. Tusk said Poland is “starting a major project to build a secure border, including a system of fortifications, landscaping
Chinese President Xi Jinping’s recent visit to Hungary underscores the geopolitical importance of the growing bilateral friendship. China’s new investments in Hungary total EUR 16bn and are expected to reach EUR 30bn by the end of the year. On his first visit to Europe since the pandemic, Chinese
As Chinese President Xi completed his trip to Europe, he held a conference with Hungarian Prime Minister Viktor Orban, with whom he had spent three of the five days. Although Xi failed to give concrete details, Hungarian officials said 18 agreements had been signed between their country and China, but
China’s Huawei and Hungary’s 4iG signed a letter of intent to establish a common cloud service platform for Hungarian companies and large Chinese and Asian companies with a presence in Central and Eastern Europe (CEE) during Chinese President Xi Jinping’s visit to Budapest from 8-10 May 2024.
The EU will close its Article 7 procedure over democratic backsliding against Poland that was initiated in 2017 against the country’s nationalist government led by the former ruling party Law and Justice (PiS), European Commission (EC) President Ursula von der Leyen said on Monday, 6 May. The EC could