Despite an overall downturn, the Central and Eastern European (CEE) start-up scene showed resilience in the first quarter of 2024, when it secured USD 11.8bn in investor funding. AI continues to attract significant interest, representing about 17% of global funding. Other key industries receiving investments in CEE include enterprise
Pro-European centrist parties performed well in Central and Eastern Europe (CEE) at the European Parliament (EP) elections held from 6-9 June, in contrast to elsewhere on the continent, where far-right parties surged.
Tusk consolidates lead in Poland
In Poland, the Civic Coalition (KO), led by Prime Minister Donald Tusk, gained
The EU elections, which will be held from on 6-9 June, involve nearly 400mn voters across 27 countries deciding on 720 seats in the European Parliament (EP).
The vote will decide who will lead the European Commission (EC), with EC President Ursula von der Leyen vying for a second term,
Countries from Central and Eastern Europe (CEE) made up five of the seven signatories states of a letter expressing concern over recent developments in Georgia to its Parliamentary Chairman H.E. Shalva Papuashvili sent on Friday, 24 May.
In recent months, Georgia has witnessed political and social upheaval, as anti-government
Poland will invest PLN 10bn (EUR 2.35bn) in securing its eastern border against the rising threat of Russia and Belarus, Polish Prime Minister Donald Tusk said on Saturday, 18 May.
Tusk said Poland is “starting a major project to build a secure border, including a system of fortifications, landscaping
The EU will close its Article 7 procedure over democratic backsliding against Poland that was initiated in 2017 against the country’s nationalist government led by the former ruling party Law and Justice (PiS), European Commission (EC) President Ursula von der Leyen said on Monday, 6 May.
The EC could
Romanians have been consuming more than Hungarians, Budapest-based business website Portfolio writes, and now it has become clear why: wages were already higher in Romania than in Hungary last year.
“Regarding purchasing power parity (PPP), 2023 was the first year when the wages of our eastern neighbour came before us,
Per capita income in Slovenia will surpass that of Italy by 2029 when adjusted for purchasing power (PPP), according to the latest International Monetary Fund (IMF) projections, while Lithuania will draw level and Poland will not be far behind.
The shift makes good on promises that the Central and Eastern
US nuclear firm Westinghouse Electric Company has signed memorandums of understanding (MOUs) with 17 Bulgarian suppliers to support the construction of two AP1000 reactors at the nuclear power plant in Kozloduy, north Bulgaria, and received a permit to begin transitioning to using fuel it has produced.
As well as Bulgaria,
Nationalist opposition party Law and Justice (PiS), toppled last year after eight years in power by Polish Prime Minister Donald Tusk’s Civic Coalition (KO) grouping, came first in the country’s local government elections, an exit poll showed Sunday, 7 April.
The election is seen as a bellwether for
NATO Secretary General Jens Stoltenberg agreed to progress with planning a greater role in coordinating aid to Ukraine on the first of two days of meetings at the NATO Headquarters in Brussels, Belgium, on Thursday 4 April, the 75th anniversary of the signing of the defence alliance’s founding document.
Czechia and Poland are campaigning to stop the importing of Russian and Belarusian grain into Europe, and the former country will formally propose a ban at the European Council meeting on Thursday and Friday, Czech Agriculture Minister Marek Vyborny said.
“Conditions must not mean failing to look after the land
The EU announced further concessions for the bloc’s agricultural workers, especially for smaller farms, to quell agricultural workers’ protests, on Friday, 15 March.
The changes to the EU’s Common Agricultural Policy (CAP) subsidy programme were proposed on Friday evening. The European Commission (EC) said EC President Ursula von
The highest shares of women tertiary education graduates in the scientific STEM subjects were recorded in Romania (42.5%) and Poland (41.5%), according to new data released by the EU official statistics office Eurostat on International Women’s Day on 8 March.
STEM subjects include engineering, natural sciences, mathematics
The indispensability of nuclear energy was one of few areas of consensus at the recent summit of the strained Visegrad Four (Poland, Czechia, Hungary and Slovakia) in Prague on Tuesday, 27 February.
Over two years since Russia’s full-scale invasion of Ukraine, more and more countries in Central and Eastern