A collection of 92 posts
The awarding of a turbine tender to China’s Envision Energy by EU applicant Serbia looks to have set the bloc on a new course. The deal has prompted EU plans to ban foreign wind turbines over cybersecurity issues, with protectionist measures to protect European manufacturers against Chinese rivals. The
The share of renewable sources in gross final energy consumption at the EU level reached 23% in 2022, up 1.1 percentage points (pp) year-on-year, the bloc’s statistics office Eurostat reports. The EU’s revised Renewable Energy Directive has upped the bloc’s 2030 renewable energy target from 32%
The Bulgarian Parliament, with cross-party support, swiftly abolished a special tariff on Russian transit gas this week, after Hungary threatened to veto its Schengen membership bid. Hungarian Foreign Minister Peter Szijjarto said Bulgaria’s decision to impose an additional tax on natural gas transiting through its territory to North Macedonia,
In the Serbia national parliament election, the right-of-centre SNS (EPP)-led multiparty alliance, led by Aleksandar Vucic was leading with 46.3% on Sunday, 17 December, with 90.3% of the CeSID/Ipsos count completed. This seemingly marks the sixth consecutive election victory for an SNS-led list, showing a 3.
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
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
The EU will finance Western Balkans (WB) integration reforms to the tune of EUR 6bn, European Commission President Ursula von der Leyen said in Skopje, north Macedonia, on Monday. “These reforms will come with investment,” von der Leyen said during a press conference with North Macedonia Prime Minister Dimitar Kovacevski.
Hungarian Prime Minister Viktor Orban will be the only EU premier present at China’s third Belt and Road Forum in Beijing on Wednesday, 18 October, according to local media reports. Orban will also give a speech at the event, his press officer Bertalan Havasi told Hungarian website Telex. “Before
The future of a multi-billion dollar Budapest-Belgrade rail construction has been thrown into doubt after Hungary redirected its equipment and workforce to address a deteriorating railway line between Budapest and Gyor, west Hungary. According to reports, the Chinese have ceased financing the construction, and their employees halted work. Companies owned
Hungarian President Katalin Novak reiterated her country’s support for a peace deal with Russia in a speech at the opening ceremony of the 2023 World Athletics Championships in Budapest on Saturday, 19 August. Novak, a close confidante of Hungarian Prime Minister Viktor Orban, said “in the next nine days,
Foreign affairs parliamentary committee chairs from Central and Eastern European (CEE) countries including Czechia, Ukraine, Estonia, Latvia and Lithuania are amongst the signatories of an open letter calling for more criticism of Serbian President Aleksandar Vucic’s Kosovo policy. The letter to the EU and the US, seen by German
Emirates Telecommunication Group Company (e&) will buy a 50% plus one share in PPF Group’s telecommunications assets in Bulgaria (mobile operator Yettel Bulgaria), Hungary (Yettel Hungary), Serbia (Yettel Serbia) and Slovakia (O2 Slovakia). The United Arab Emirates-based telco holding company, formerly Etisalat, will pay EUR 2.15bn upfront
Leaders in Central and Eastern Europe (CEE) congratulated Turkish President Recep Tayyip Erdogan after his re-election on Sunday, 28 May, after a tough election campaign that posed a significant challenge to his two-decade-long rule. Having sealed another five years in power, Erdogan holds a position of considerable influence in regional
Only 4.48 million EU citizens aged 15 to 29 found themselves unemployed last year, according to the latest data from the EU’s official statistics agency Eurostat. This constituted 6.3% of those in that age group, a historic low since 2009, it added. The lowest rate in Central
Hungary could realistically replace Russian gas imports, according to local analysts, who say its dependence is reliant on the will of Hungarian politicians and economic players. Gas supply already shifting away from Russia Hungary’s procurement of sources has broadened and the partial replacement of Russian gas has begun, local