A collection of 23 posts
The share of renewable sources in gross final energy consumption at the EU level reached 23% in 2022, up 1.1 percentage points (pp) year-on-year, the bloc’s statistics office Eurostat reports. The EU’s revised Renewable Energy Directive has upped the bloc’s 2030 renewable energy target from 32%
Hungary remained the EU’s most inflationary economy with an annual rate of 9.6% in October, an EU statistics office Eurostat report released Friday 17, November revealed. On the upside, this was the first time Hungary’s inflation rate had fallen to single digits since April 2022. The EU’
Greek conservative leader Kyriakos Mitsotakis’s gamble paid off on Sunday, as he won a landslide victory in the country’s second election in five weeks. When Mitsotakis beat the opposition centre-left Syriza party in May, his party fell just short of a majority in the 300-seat parliament. He then
Only 4.48 million EU citizens aged 15 to 29 found themselves unemployed last year, according to the latest data from the EU’s official statistics agency Eurostat. This constituted 6.3% of those in that age group, a historic low since 2009, it added. The lowest rate in Central
The number of pay TV subscribers in Eastern Europe will decline by 8mn from its peak of 81mn in 2018, to 73 million by 2028, according to a new report by Digital TV Research. However, the figures for 2018 included 17mn analogue-cable subscribers, which will have dropped to zero by
NATO’s annual report for 2022 reveals that only 7 countries of the 30-country defence alliance met the military spending target of 2% of GDP. A total of five of the seven countries that reached the target are from the Eastern side of Europe: Lithuania, Poland, Estonia, Latvia and Greece.
According to a new draft law, Hungary’s Atomic Energy Authority – also responsible for the Paks 2 nuclear power plant investment – will no longer be under direct government control starting in 2022. Government politicians argued that the European Commission had long demanded the “independence” of the Authority, but critics are
It’s said that when times are tough one knows who their friends are. For Greece, it was Chinese interests (and credit) that came to the rescue of an economy that had been on the brink of disaster, and investment by China into a Greek port has turned it into