A collection of 100 posts
A total of eight Central and Eastern European (CEE) countries have co-signed a paper with four other EU member states that calls for the EU-wide cap on gas prices to be “significantly lower” than is currently being considered. Gas prices – and consequently inflation – have spiked in Europe since Russia’s
Wizz Air will serve 31% more passengers than Ryanair in Central and Eastern Europe (CEE) and the Caucuses this winter, according a new report that cites Official Aviation Guide (OAG) data. While the Hungary-headquartered airline runs 651 routes to, from and in CEE, this figure is 514 for Ryanair. That
For the ninth consecutive year, Estonia has the best tax regime of the Organisation for Economic Cooperation and Development (OECD) countries, according to the latest International Tax Competitiveness Index (ITCI). Of the index’s top ten countries, five from Central and Eastern Europe (CEE) were included. Estonia’s top ITCI
Household electricity prices rose year-on-year in the first half of 2022, from EUR 22 per to EUR 25.30 per 100 kWh on average, according to the latest report by Eurostat. Meanwhile households across the bloc saw gas prices climb from EUR 6.40 to EUR 8.60 per 100
The tensions around the burgeoning relations between Taiwan and Central and Eastern Europe (CEE) will be on the agenda when US president Joe Biden meets Chinese leader Xi Jinping in Bali today (Monday 14, November). Last Monday Lithuania opened its trade office in Taiwan, the same day that the 23-million
Estonia’s Sõrve peninsula area looks set to be the location for the major Estonian-Latvian hybrid offshore wind farm project ‘Elwind’, according to a feasibility study. The total capacity of the planned project will be 700MW to 1GW, and annually will provide over 3 TWh of energy, improving energy security
Latvia’s ruling centre-right party Jauna Vienotiba (New Unity) was the clear winner in the country’s general elections at the weekend with around 19% of the vote, as Russian minority parties dropped out of parliament, with 99% of the votes counted on Sunday. The Greens and Farmers Union came
Hungarian Sinologist Tamas Matura argued in his recent report for CEPA that China wields little influence in Hungary, despite the Hungarian government’s decade of support for Beijing in the EU. However, shortly after the release of the CEPA report, China’s CATL announced plans to build a EUR 7.
Ryanair CEO Michael O’Leary said his budget airline has no plans to withdraw from Hungary but will cease some services in the winter months in response to the government’s “idiotic” windfall tax on airlines, at a press conference in the Hungarian capital of Budapest on Tuesday. The move
Lithuania, Latvia and Estonia are finalising coordinated agreements on restricting entry for the Russian citizens with Schengen visas, the three Baltic countries’ foreign ministers announced after a meeting of the Nordic-Baltic Eight in Kaunas, Lithuania, on Wednesday. The Baltic countries are planning tighter measures than those announced by the EU
Estonia has repelled its most severe hacking attack in 15 years, the government announced on Thursday. The hack of the previous day targeted 207 Estonian institutions, including its main online payment platform, according to the country’s digital communications officials. The country’s main banks, health, home, public and education
Corruption is considered a very serious problem by 59% of business leaders in Romania, the highest percentage in the EU, according to a recent survey from Ipsos European Public Affairs. Perceptions of graft vary greatly across the continent and business sectors, according to the pollster, which was commissioned to carry
The International Monetary Fund (IMF) has recommended that European governments let consumers bear the brunt of rocketing domestic energy bills, in part to encourage power saving. In the wake of Russia’s invasion of Ukraine, energy consumer prices are rising 40% year-on-year in the euro zone, drastically reducing disposable incomes,
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
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