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Poland: Phasing Out Coal and Moving Away from Russian Gas

Poland: Phasing Out Coal and Moving Away from Russian Gas

Meeting the EU’s 2030 climate targets poses a huge challenge for Central European countries, especially for coal-dependent Poland. But it is also helping the country with a population of 40 million to modernize. Thwarted by the highest electricity prices in Europe, and pressured by EU environmental regulations, Poland has

Wages Catching up in Visegrád Countries... A Never-Ending Story

Wages Catching up in Visegrád Countries... A Never-Ending Story

Shortly following the monumental changes to their governmental systems and economies, countries in Central & Eastern Europe did see their wages grow steadily – but over 30 years later it is apparent that average employee pay in the region can still be even half of that seen in the West of

Will Hungary’s Automotive Industry Adjust to Future Challenges?

Will Hungary’s Automotive Industry Adjust to Future Challenges?

As in most countries in Central & Eastern Europe (CEE), the competitiveness of the Hungarian economy heavily depends on car production. In recent years, however, the sector has had to face challenges like the potentially growing market of electric cars, as well as the COVID-19 pandemic. New European climate and