Poland’s state-controlled oil company, PKN Orlen, is facing significant losses due to the EU banning Russian crude oil. The company is struggling to find alternative supplies for its Czech refinery and is losing millions of dollars every day, Polish daily Gazeta Wyborcza reports.
PKN Orlen CEO Daniel Obajtek told
Poland has signed with the UK a GBP 1.9bn export agreement to roll out a British short-range air defence system, the latter government announced on Friday, 28 April.
According to the agreement, the UK will equip Poland with 22 air defence batteries with UK Common Anti-Air Modular Missiles (CAMMs)
Estonia had the highest employment rate in Central and Eastern Europe (CEE) of 81.9% in 2022, according to the recently released data of the EU statistics agency Eurostat.
Just behind the Baltic country were Czechia, with 81.3%, and Hungary (80.2%). The middle grouping of the EU member
“There will be more and more renewable energy in Poland and other European countries,” E.ON Polska president Andrzej Modzelewski said in an interview with Gazeta Wyborcza published on Saturday, 29 April.
The energy company executive told the Polish daily that “at E.ON, unlike at other operators, we are
Agriculture Minister Zdenek Nekula is right when he says Czech farmers are overplaying the role of Ukrainian wheat on their current travails, according to analysts cited by Czech business daily Hospodarsk Noviny (HN).
In contrast to Poland, Slovakia, Bulgaria and Hungary, Czechia has rejected the idea of banning imports from
Poland’s pursuit of nuclear energy took another step forward last week as Polskie Elektrownie Jadrowe (PEJ) applied to the Polish Climate Ministry for a “decision-in-principle” on the construction of the country’s first large nuclear power plant.
The decision would confirm that the investment in the plant is in
Poland and Hungary have temporarily ceased importing Ukrainian grain and other agricultural produce, defying warnings from the EU that unilateral action would violate its trade policy.
Following Poland and Hungary, the Slovak government also announced that it would temporarily restrict the import of grain and other products from Ukraine, citing
Polish energy giant Orlen announced the completion on Friday 7 April of the process of implementing remedies, and Lotos Terminale finally becoming the property of fuel importer Unimot.
The sale was the last stage in the implementation of conditions set by the European Commission (EC) for merging Orlen with Lotos,
Prime Minister Mateusz Morawiecki laid out his hopes to build a new economic community in Central and Eastern Europe (CEE) with Romania and Ukraine in Bucharest on Tuesday, 28 March, and also criticised powerful Western countries for “undermining the region”.
At the Polish-Romanian intergovernmental consultations in Bucharest, Morawiecki stressed cooperation
Romania, Poland, Hungary, Bulgaria and Slovakia expressed concern in a letter to the European Commission (EC) on Friday over an “unprecedented” increase in the number of Ukrainian grains, oilseeds, eggs, poultry and sugar in their countries.
Large quantities of cheaper Ukrainian grains have been redirected to countries in Central and
Polish Prime Minister Mateusz Morawiecki called on Germany to up its support for Ukraine as Europe continues to search for ways to arm Kyiv following the EU leaders’ summit in Brussels on Friday 24 March.
Morawiecki urged Germany, the EU’s largest economy, to step up and lead by revising
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.
Poland will send Ukraine four MiG-29 fighter jets in the coming days, with more to follow later, according to an announcement by Polish President Andrzej Duda on Thursday, 16 March.
The move will make Poland the first NATO member country to fulfil the Ukrainian government’s increasingly urgent requests for
Estonia is named the most prosperous country in Eastern Europe, and the 21st globally, in the newly-released 2023 Legatum Prosperity Index.
Legatum’s 16th annual survey praises the Baltic country’s “effective policy response” to Covid, which meant “Estonia’s pandemic-period contraction was one of the smallest in Europe”, and