A collection of 183 posts
The top 11 inflation rates in the EU were in Central and Eastern Europe (CEE) countries in June 2023, according to new data figures published by Eurostat, the EU’s official statistics office. All of the EU member states in CEE registered inflation over the EU average of 6.4%
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
Former Slovak Central Bank (NBS) deputy governor Ludovit Odor was sworn in as the country’s interim prime minister this week. Odor’s appointment ended six months of political limbo, and he is expected to lead his 15-member caretaker cabinet until national elections are held on 30 September. Watershed moment
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
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
Romanian Minister of Agriculture Petre Daea expressed solidarity with farmers from Poland, Hungary, Bulgaria and Slovakia – who all unilaterally stopped Ukrainian farm imports last week – after meeting his Ukrainian counterpart Mykola Solsky on Friday, 21 April, digi24.ro reported. However Daea said “we must make the rules together, not enter
Slovakia has donated 13 MiG-29 fighter jets to the Ukrainian forces, Slovak state news agency TASR reported on the morning of Monday, 17 April. The transfer of the last nine Soviet-era fighters, aimed at supporting Ukraine in its defence against Russian military aggression, was completed recently, after the initial four
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
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
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
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
Romania, Bulgaria, Hungary and Slovakia have jointly requested EU funding to develop the necessary infrastructure to support increased gas supplies from Azerbaijan. The countries say they recognize the importance of energy security for Central and Eastern Europe (CEE) and see the potential for Azerbaijan to play a crucial role in
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
More people in Estonia use online banking services than anywhere else in Central and Eastern Europe (CEE), according to a new report by the official EU statistics office Eurostat. In Estonia, 83.36% of residents used digital banking in 2022, with Latvia close behind on 82.45%. Other countries high