A collection of 326 posts
The EU has selected seven projects to co-fund 5G transport corridors connecting regions throughout Europe, improving road, rail, inland waterways, and multimodal transport. They will support 5G infrastructure deployment over cross-border sections of 5G corridors and ensure service continuity when border crossing. Central and Eastern Europe (CEE) is well represented
US pharmaceutical firm Pfizer has initiated legal proceedings against the Polish government, asserting that it failed to fulfil payment obligations for some 60mn doses of its COVID-19 vaccine. The litigation, scheduled for its preliminary court hearing on December 6, centres around the contentious contract between Pfizer and the European Commission
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’
The number of ICT industry offers decreased by as much as 43% in the first half of 2023, according to the sector job website Inhire, local media reported. The crisis has arrived from abroad, according to Gazeta Wyborcza, as the Polish IT industry relies largely on orders from elsewhere in
Automotive and Transport has dropped to third place amongst large companies in CEE, as business sectors of Central and Eastern European (CEE) shifted in size, partly due to soaring commodities prices, the latest Coface CEE Top 500 study found. In its 15th annual study, the French insurance company collects data
Central and Eastern Europe (CEE) is becoming increasingly diversified, ING Bank writes in a new report on Poland, Czechia, Romania and Hungary. This diversification includes economic outlooks, inflation profiles and reaction functions of central banks, the Dutch bank added in its report entitled “One region but very different stories for
Volkswagen is putting its plans to construct a new electric vehicle (EV) “gigafactory” in Central and Eastern Europe (CEE) on hold due to a decline in demand EVs, VW Group Chairman Oliver Blume revealed. The group, which already has three gigafactories, had been considering the construction of a fourth, with
Although Poland’s ruling Law and Justice (PiS) received the most votes of any single party at the weekend elections, it was the opposition Civic Coalition (KO) who were celebrating on Sunday night. Youth voters were mobilised and turnout was an unprecedented 74.38%, as three opposition groups won mandates
In a pivotal national election, Poland’s opposition leader, Donald Tusk, has declared victory, signaling the end of the Law and Justice party’s eight-year reign in power. The triumph of Tusk’s Civic Coalition is set to reshape the political landscape in Poland. Following the declaration of victory on
With energy-intensive industries to sustain, Central and Eastern Europe (CEE) is turning to nuclear power to simultaneously meet energy needs and climate targets. Nuclear looks set to be around 50% of the energy mix of several CEE countries within years. The war in Ukraine transformed Europe’s energy landscape, and
US nuclear power company Westinghouse Electric and US engineering firm Bechtel officially announced a collaborative agreement for the design and construction of Poland’s inaugural nuclear power plant in Lubiatowo-Kopalino, Pomerania, north Poland, on Thursday 21 September. Poland’s Climate Minister Anna Moskwa called the news “a significant milestone in
Poland, Slovakia and Hungary have come under criticism from the international community including the EU, Ukraine and Germany for extending prohibitions on Ukrainian agricultural imports. German Agriculture Minister Cem Ozdemir on Monday, 18 September, told the countries: “You show solidarity when it suits you. When you don’t like it,
Poland’s leading political parties made election promises on Saturday, 9 September, as the conservative nationalist ruling Law and Justice (PiS) party and the opposition Civic Coalition (KO) held conferences ahead of the national elections on 15 October. PiS, in power since 2015, is striving to win a third term,
Central and Eastern Europe (CEE) countries Croatia, Hungary, Poland and Lithuania were among the 13 EU member states to request loans from the European Recovery Fund’s Recovery and Resilience Mechanism (RRF), the European Commission announced Friday. The deadline for submissions of loan requests from the NextGenerationEU fund’s resources
The purchase of Apache helicopters is a very good and militarily sensible investment (and) confirms that Poland could have the strongest army in NATO after the United States,” former Europe and NATO policy head Jim Townsend told Polish state news agency PAP on Saturday, 26th August. The respected defence expert’