A collection of 102 posts
The European Commission (EC) has announced that it will impose additional import tariffs on Chinese battery electric vehicles (BEVs) following a vote among member states on Friday, 4 October, after a year-long investigation. The EC, which suspects China of undercutting European carmakers by subsidising its EV industry, wrote that it
European Commission (EC) President Ursula von der Leyen announced further EU flood recovery funding and reiterated the EU’s commitment to addressing climate change, in Slovenia on Monday, 2 September. On a tour of the Balkans, von der Leyen visited northern Slovenia, which was hit by flooding in November 2023.
Romanian Prime Minister Marcel Ciolacu has requested that his country’s upcoming European Commissioner focuses on economic policies, following a meeting with European Commission (EC) President Ursula von der Leyen in Brussels on Thursday. “I want a portfolio that is highly relevant, given that we are the sixth largest country
As tens of thousands of Serbians rally in opposition to the contentious lithium mining project planned by company Rio Tinto in Jadar, west Serbia, an alternative is being investigated elsewhere in Central and Eastern Europe (CEE). A crucial material for enabling the EU to meet its 2030 climate goals may
Adoption of zero-emission vehicles gaining traction in Central and Eastern Europe (CEE), according to Erste Group’s macroeconomic report for August 2024. The Austrian financial service provider’s analysis sees varied economic trajectories and fluctuating trade balances across CEE, as Slovenia reported a trade deficit of EUR 0.64bn in
The new report on rule of law and governance by the European Commission (EC) gives a mixed picture on Central and Eastern Europe (CEE) anti-corruption efforts, judicial independence, media freedom, and legislative practices. The EC’s Rule of Law Report 2024, its 5th, included assessments of developments in Bulgaria, Czechia,
Romania reported the highest inflation rate in May, of 5.8%, driven by significant increases in housing and utilities prices, according to the latest data from the EU’s official statistics agency Eurostat. Croatia experienced the second highest inflation in Central and Eastern Europe (CEE), of 4.3%, driven primarily
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
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
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.
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 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
Hungary remained the EU’s most inflationary economy with an annual rate of 9.6% in October, an EU statistics office Eurostat report released Friday 17, November revealed. On the upside, this was the first time Hungary’s inflation rate had fallen to single digits since April 2022. The EU’
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
Although Poland’s ruling Law and Justice (PiS) received the most votes of any single party at the weekend elections, it was the opposition Civic Coalition (KO) who were celebrating on Sunday night. Youth voters were mobilised and turnout was an unprecedented 74.38%, as three opposition groups won mandates