A collection of 105 posts
French Trade Minister Franck Riester said the EU will resolutely back Lithuania in its escalating trade war with China, on Sunday, Euractiv reported. Riester underlined that the small Baltic nation was “a victim of coercion from Beijing” after meeting his opposites numbers in Marseille. As the current holder of the
Poland is predicted to have the highest level of inflation of 6.8% in Central and Eastern Europe (CEE) – and the EU as a whole – this year, according to a new European Commission (EC) forecast. The EC’s prediction for Poland is way over the average predicted rise in the
Czechia’s new government will allocate more EU subsidies to smaller-scale family farms, and fewer to the country’s traditionally dominant large landowners, from next year. The conservative-led coalition that succeeded Babis has deeply discussed its policy within the EU Common Agricultural Policy strategic plan. The result was a document
This week The Central European Times investigates the startup scenes of the three innovative but diminutive Baltic countries Estonia, Latvia and Lithuania, whose small size makes companies open and internationally oriented from day one. Read our exclusive reports on environmental startups in the Baltics here, healthtech startups here and cutting-edge
French President Emmanuel Macron underlined that energy policy is now a major priority for Europe when he met the leaders of the Visegrad Four countries – Poland, Czechia, Hungary and Slovakia – in Budapest this week. Hungarian Prime Minister Viktor Orban agreed that securing Europe’s energy independence is one of the
“I am convinced that Bulgaria will be a totally different place four years from now,” Kiril Petkov pledged on Monday, when he was sworn in as prime minister. Petkov, who served as minister of economics in the recent caretaker government and then ran on a “zero tolerance for corruption” election
Slovakia has by far the lowest wealth inequality in Central and Eastern Europe (CEE), with a Gini score of 50.3, the Global Wealth Report 2021 published by the Credit Suisse Research Institute reveals. Slovakia even ranks as having the lowest wealth inequality in Europe
As Germany opens a new chapter with an unprecedented three-party coalition led by Social Democrat Chancellor Olaf Scholz, the Central European Times analyses what the country’s new leadership could mean for the region. After a near-record term in office, Angela Merkel stepped down as German chancellor after 16 years
The Eastern European countries with large digital economies such as Estonia, Czechia and Hungary are best placed to stimulate growth by increasing sector productivity, according to reports by McKinsey, Microsoft, IT recruiters and other experts. Although ICT wages remain significantly lower in Central and Eastern Europe (CEE) than on the
Henry Ford once said: “I am ready to account for any day in my life, but don’t ask me how I made my first million.” The billionaires of Central and Eastern Europe, many of whom began to build their empires during the “wild privatisations” of the 1990s, would no
Since Britain voted to leave the EU in 2016, hundreds of UK-linked entrepreneurs have taken up e-residency in Estonia. From the moment it became clear that the UK have voted to leave the EU, the small Baltic country has been enjoying this Brexit benefit. Prime Minister Kaja Kallas is only
A look at the inventory of world’s nuclear power plants reveals a surprisingly large gap in central Europe: Poland. The country of 38 million is the only economy in Central and Eastern Europe (CEE) without nuclear energy, with the exception of the tiny Baltic states. Poland’s other neighbours
Central and Eastern Europe (CEE) countries are over-achievers regarding ‘digital quality of life’, according to the latest Digital Quality of Life (DQL) index. A strong e-culture generally correlates closely with GDP per capita, but 9 of the 21 global exceptions to this rule were in Eastern Europe in 2020: Bulgaria,
Polish Climate and Environment minister Anna Moskwa appeared to reverse Poland’s commitment to cutting coal power by 2030 on Thursday, just hours after her government had signed up for the policy at the COP26 climate conference. More than 40 major fuel-burning countries including Poland and Ukraine pledged to phase
Romania could become the first country to deploy a small modular nuclear reactor (SMR), according to an agreement between the country’s state-owned nuclear energy producer Nuclearelectrica and US energy firm NuScale Power. Romanian President Klaus Iohannis and US special presidential envoy for climate John Kerry made an announcement to