A collection of 381 posts
Croatia is currently boosting its own gas security in preparation for next winter, Energy Minister Davor Filipovic announced. By 1 November, Croatia will have filled its only underground gas storage facility in Okoli, central Croatia, by up to 90%, Filipovic told state broadcaster HRT. Filipovic was speaking after a report
The European Commission (EC) could channel funds to countries in Central and Eastern Europe (CEE) to help reduce their dependence on Russian fuels, in the wake of Hungary threatening to veto the planned EU embargo on Russian oil imports. The financial compensation would be disbursed via the new RePowerEU strategy
NATO has around 30 surveillance and fighter jets in airspace outside of Ukraine and Belarus at any moment according the defence alliance, in response to Russia’s invasion of Ukraine. NATO also released an infographic outlining the allied aircraft able to be deployed in airspace in Central and Eastern Europe
European Commission President Ursula von der Leyen paid an unexpected visit to Budapest on Monday evening to discuss the EU’s proposed package of sanctions against Russia with Hungarian Prime Minister Viktor Orban. After the meeting, von der Leyen tweeted: “This evening’s discussion with PM Viktor Orban was helpful
The EU has revised its proposal to ban Russia oil imports by the end of 2022, in order to give Hungary and Slovakia an extra two years to comply. The third country offered a deadline extension by the EU is Czechia, which would have a six-month earlier deadline, of June
The Polish government’s Stop Russia Now advertising campaign arrived in Hungary on Wednesday, increasing speculation that the alliance between the two countries’ populist nationalist governments has reached breaking point over differences on Russia’s invasion of Ukraine. Of the Visegrad Four (V4) group, comprising Poland, Czechia, Slovakia and Hungary,
There were mixed messages from Central and Eastern Europe (CEE) on Wednesday, when the European Commission (EC) announced plans for a Russian oil embargo. In CEE, two of the countries that would be most affected by the import ban had markedly different reactions to the announcement. While Slovakia merely requested
Estonia has the healthiest media environment in Central and Eastern Europe (CEE) according to the Reporters Sans Frontiers/Reporters Without Borders (RSF) 2022 World Press Freedom Index released on Tuesday 3 May. The RSF meanwhile singled out two CEE countries as showing marked promise for press freedom: “Moldova (40th) and
The European Commission (EC) may allow Hungary and Slovakia to opt out of the Russian oil embargo currently being drawn up, Reuters reports. The EU will on Tuesday finalise its sixth package of sanctions against Russia, and is aware of how dependent the two countries are on Russian crude oil,
The European Commission (EC) has activated against Hungary a “rule of law mechanism” that links alleged corruption to provision of EU funds. A formal notification was sent to the Hungarian government on Wednesday, after all the commissioners approved the move. On Wednesday morning journalists were briefed that the EU’s
Political newcomer Robert Golob promised to restore “normality” to Slovenian politics after his environmentalist Freedom Movement won 34.6% of the vote in Sunday’s national elections. The Freedom Movement, which was established just less than a year ago, will hold 41 of the 90 parliamentary mandates in the upcoming
The commercial flight numbers of several Central and Eastern European (CEE) countries are closing in on their pre-pandemic levels faster than the EU average, according to new data reported by Eurostat. When the EU’s official statistics office compared the number of flights made in March 2022 to those in
The war in Ukraine is set to inflict twice the amount of economic damage that the COVID-19 pandemic did, the World Bank says in its new report that includes detailed outlook analyses for Poland, Bulgaria, Croatia and Romania. According to the Washington-based lender’s ECA Economic Update Spring 2022 report,
Russia’s Sberbank has sold its 43% stake in Fortenova to Hungarian-US investment fund Indotek Group, Croatian daily Jutarnji List reported. The deal came as the EU and US unveiled new economic sanctions on Russian banks in response to the country’s invasion of Ukraine. Fortenova is Croatia’s largest
The Hungarian Ministry of Finance took the unusual step of issuing a public statement aimed at international investors on Friday. After Sunday’s celebrations, Hungarian Prime Minister Viktor Orban woke up to a grim domestic economic reality that includes a plummeting forint, rocketing prices and rule of law disputes that