A collection of 134 posts
Hungarian Prime Minister Viktor Orban met with a working group aiming to save the indebted steel company Dunaferr on Wednesday, 1 February. Dunaferr manufactures steel products for the engineering, automotive, and manufacturing sectors in Dunaujvaros, central Hungary, employing around 4,000. After Wednesday’s meeting with the working group, which
Geopolitics is leaving its mark on the arms race in Central and Eastern Europe (CEE). Countries are drifting further away from the concept of a united European armed force amid shifting geopolitical realities, mistrust and the revival of long-standing historical alliances. The rearmament of Europe lurched back onto the global
Bulgaria is preparing for a new general election in the spring, following the failure of the country’s Socialist Party to form a working government. The Socialists, who were given a third and final chance to establish a cabinet after the 2 October election brought no clear winner, announced that
Net4Gas, Czechia’s natural gas transmission system operator, had not received its contracted monthly payment from Russian state-owned Gazprom by 4 January, Czech Industry and Trade Minister Jozef Sikela announced. Gazprom contracts made up 75% of the revenues of Net4Gas in 2021. In an official filing Net4Gas stated that it
Hungary and Romania were among the four signatories of an agreement to construct a 1,100km (685 mile) power line under the Black Sea within three to four years, in Bucharest Saturday. The cable will transit Azeri electricity, mostly from wind and solar energy, from Azerbaijan to the EU, via
Slovenian Prime Minister Robert Golob and Hungarian Prime Minister Viktor Orban have discussed building a pipeline to transit Algerian gas when they unveiled the first power line linking their countries’ national grids Slovenia’s green energy mogul turned premier said the “expression of solidarity” would “allow Hungary to free itself
The death of two men at the hands of a missile on farmland in the Polish village of Przewodow sparked fears that the Ukraine war could spill over into neighbouring states this week. The two men were reportedly employed at a grain-drying facility in the village near Poland’s border
Nokian Tyres will build a EUR 650mn passenger car tyre factory in Oradea, western Romania, creating around 500 jobs, it announced on Tuesday, 1 November. The tyre plant will have an annual capacity of six million units, with room for expansion, and will also be home to a logistics centre
Polish refiner PKN Orlen is considering buying a majority stake in the PCK Schwedt refinery in north-east Germany, which until Friday 16 September was controlled by a subsidiary of Russia’s Rosneft, Reuters learned from sources in Poland and Germany. The deal could offer a solution to the upcoming EU’
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
Hungary will not agree to the extension of EU sanctions against Russia unless visa bans and asset freezes against three Russian oligarchs are lifted, according to diplomatic sources that spoke to news outlet Szabad Europa. The EU’s punitive measures are extended every six months, and the renewal, due on
Hungary’s National Atomic Energy Authority (OAH) has granted a partial licence in connection with the expansion of the country’s only nuclear power plant in Paks, central Hungary, Hungarian Foreign Minister Peter Szijjarto confirmed on Friday. The OAH announced its decision on the “Paks II” project on its website
Bulgaria has resumed discussions with Russian state energy company Gazprom regarding the country’s natural gas supplies, interim Energy Minister Rossen Hristov announced at a press conference late last week. Hristov, who is serving in Prime Minister’s Galab Donev’s caretaker government ahead of an election in the Balkan
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
After months of deliberation, Estonia banned Russian citizens with tourist visas from entering its territory on Thursday, effective as of next week. In a move that Estonian Prime Minister Kaja Kallas described as “necessary”, over 50,000 visas will be rescinded, according to Russian state news agency TASS. Estonia Foreign