A collection of 239 posts
Poland’s state-controlled oil company, PKN Orlen, is facing significant losses due to the EU banning Russian crude oil. The company is struggling to find alternative supplies for its Czech refinery and is losing millions of dollars every day, Polish daily Gazeta Wyborcza reports. PKN Orlen CEO Daniel Obajtek told
The Council of the European Union will send another EUR 1bn in support for ammunition and missiles for Ukraine as it increases the financial ceiling of its European Peace Facility (EPF) to EUR 7.98bn, it announced Friday, 5 May. The assistance under the EPF will further contribute to strengthening
Estonia had the highest employment rate in Central and Eastern Europe (CEE) of 81.9% in 2022, according to the recently released data of the EU statistics agency Eurostat. Just behind the Baltic country were Czechia, with 81.3%, and Hungary (80.2%). The middle grouping of the EU member
The EU’s mooted ‘critical raw materials (CRM) law’ would strengthen the EU’s autonomy by reducing its reliance on third countries for the supply of essential minerals for green energy and modern industry. Proposed recently by the European Commission (EC), the legislation would mean the reopening of mines earlier
Farmers are organising protests across Romania on Friday 7 April to express dissatisfaction with the European Commission (EC) approach market distortions caused by the war in Ukraine, local website digi24.ro reported. A joint statement of Romania’s four main farming federations said they were sending “a new appeal to
Bulgaria’s conservatives and liberals were practically neck and neck with votes still being counted after the country’s fifth election in two years on Sunday, 2 April. Early projections put former premier Boyko Borisov’s conservative GERB party at 24-26%, slightly ahead of the liberal We Continue The Change
Polish Prime Minister Mateusz Morawiecki called on Germany to up its support for Ukraine as Europe continues to search for ways to arm Kyiv following the EU leaders’ summit in Brussels on Friday 24 March. Morawiecki urged Germany, the EU’s largest economy, to step up and lead by revising
The EU on Saturday released its 10th package of sanctions against Russia targeting 87 individuals and 34 entities to mark the first anniversary of Russia’s full-scale invasion of Ukraine on 24 February 2022. The package aims to sever ties between the EU and Russia by more than EUR 10bn
Serbia is set to receive a EUR 600mn handout from the EU towards its around EUR 2.2bn reconstruction of the 230km Belgrade-Nis railway link, which will drastically cut journey times in Central and Eastern Europe (CEE). Spanning the country from north to south, Belgrade-Nis is a key travel route
The European Commission (EC) has referred Poland to the Court of Justice of the European Union (CJEU) for violating EU law, it announced Wednesday, 15 February. EC Vice-President for Values and Transparency Vera Jourova tweeted “EU law must be equally applied across the Union. The EU’s top court will
Moldova shut down its airspace for three hours on Tuesday, 14 February, one day after the country’s head of state accused Russia of plotting to overthrow its government. An unidentified balloon is thought to have caused the disruption. The move to close the airspace was seen as a precautionary
Dorin Recean, a pro-Western defence expert and former interior minister, is expected to become Moldova’s new prime minister after receiving Parliament’s approval this week. This comes following the unexpected resignation of Natalia Gavrilita on Friday, February 10, after a tough 18-month tenure overshadowed by the war in neighbouring
Leaders from the Baltic nations and Poland have called for the utilization of approximately EUR 300bn worth of assets from the Russian Central Bank currently frozen by EU member states, towards the reconstruction of Ukraine. In a joint letter to to European Council President Charles Michel, European Commission President Ursula
The European Union expanded its ban on Russian diesel fuel and refined oil products with immediate effect on Sunday 5 February, two months after its initial embargo. The ban is accompanied by a price cap of USD 100 per barrel for diesel, jet fuel, and gasoline, agreed upon by the
Hungarian Prime Minister Viktor Orban met with a working group aiming to save the indebted steel company Dunaferr on Wednesday, 1 February. Dunaferr manufactures steel products for the engineering, automotive, and manufacturing sectors in Dunaujvaros, central Hungary, employing around 4,000. After Wednesday’s meeting with the working group, which