Household consumption expenditure decreased by an unprecedented 8% in the EU year-on-year in 2020, according to a new survey by the official EU statistics agency Eurostat.
However as the EU-27 registered falls in household expenditure, only four countries in Central and Eastern Europe (CEE) were below the EU average 8%
PKN Orlen will establish nine hydrogen hubs for the production of low carbon fuel to be distributed around Poland, Czechia and Slovakia, the company announced. Poland’s strategic energy giant also plans to set up a network of 102 hydrogen refuelling stations in the three Central European markets as part
Adults in Austria will have to obtain COVID:19 jabs as of next month under measures MPs passed by 137 to 33 votes on Friday. This will be the first such national mandate in the European Union. In light of today’s vote, those who are not vaccinated in Austria
French President Emmanuel Macron singled out Hungary and Poland in connection with alleged rule of law violations as he outlined the priorities of France’s six-month rotating presidency that runs until the end of June.
Speaking at the European Parliament, Macron invoked “the three historic promises of post-war Europe – democracy,
Poland’s right-wing government intends to ally with countries who also oppose the EU’s ‘Fit for 55’ climate package, government spokesperson Piotr Muller said on Tuesday, Polish state broadcaster TVP reports. “We are building a coalition of countries that oppose some of these solutions as they shift the burden
Universities in Poland, Austria, Czechia, Slovenia and Lithuania will all run projects under the EU’s new research and innovation programme which selected recipients this week. The European Research Council (ERC) will award a total of EUR 619 million to young researchers. Poland will receive eight grants, Austria six, Czechia
Polish oil and gas firm PKN Orlen will sell refinery assets to Saudi Aramco and swap petrol stations with Hungarian energy company MOL to clear the way for a takeover of Grupa Lotos, it announced Wednesday.
Saudi Aramco will pay USD 255 million for a 30% stake in Lotos’ refinery
The “Fit for 55” plan to further slash CO2 emissions may cost Poland around EUR 190 billion, according to analysts at the state-owned Polish bank Pekao.
The EU’s original target had been to cut reduce greenhouse gas emissions by 40% by the end of the decade, compared to 1990
Poland is recalling its new ambassador to Czechia after he said the countries’ tensions are due to “a lack of empathy, understanding and desire for dialogue” from the Polish side. Miroslaw Jasinski, who started in the role on 21 December, made the remarks in connection with the Turow mine dispute
Polish MPs have voted through a bill restricting non-EU ownership of media outlets that would force US conglomerate Discovery to sell off its interests in the country, including liberal news channel TVN24.
The ‘lex TVN’ would strike a further blow against independent news media in Poland, where ruling PiS party
Germany will not allow the commencement of the operation of the Nord Stream 2 (NSII) gas pipeline if Russia steps up aggression towards Ukraine, Germany’s new Foreign Minister Annalena Baerbock said on Sunday. The Greens party politician explained that Berlin’s stance on the pipeline, which Russian state-owned energy
Eastern Europe will be high on the agenda during France’s six-month EU rotating presidency tenure which will commence in under three weeks, French President Emmanuel Macron underlined on Thursday.
Without specifically naming Poland and Hungary, Macron called the rule of law “non-negotiable” for the EU and urged countries to
US President Joe Biden discussed the threat of a possible Russian attack on Ukraine with numerous NATO member countries in Central and Eastern Europe (CEE) on Thursday. Speaking with the leaders of Bulgaria, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Romania and Slovakia for 40 minutes, Biden pledged to
Every country in Central and Eastern Europe (CEE) has increased its research and development (R&D) intensity over the last decade, according to EU statistics agency Eurostat. Poland and Czechia were the regional frontrunners from 2010-20, as they both increased intensity – i.e. R&D expenditure as a
Poland’s currency, the zloty (PLN), saw a 12-year low against the euro, while the Hungarian forint (HUF) also plunged to a new historic low this week. On Monday, one euro was worth PLN 4.72 at the zloty’s weakest point, while one euro equaled HUF 370.24 in