A collection of 33 posts
Serbia is set to receive a EUR 600mn handout from the EU towards its around EUR 2.2bn reconstruction of the 230km Belgrade-Nis railway link, which will drastically cut journey times in Central and Eastern Europe (CEE). Spanning the country from north to south, Belgrade-Nis is a key
German carmaker Volkswagen (VW) may close its plants in Central and Eastern Europe (CEE) if the natural gas shortage persists beyond this winter, procurement manager Geng Wu said. Volkswagen will consider bringing factories closer to the point of sales, in the medium-term, Wu added, citing the worldwide shortage of
A strike that would have seen traffic cut by two-thirds at Poland’s two biggest airports has been averted after air traffic controllers accepted a last-minute temporary agreement with national air navigation agency PAZP. Air traffic controllers, whose wages were cut in response to the Coronavirus pandemic, had
Poland, Latvia, Lithuania and Estonia will this week commence a process of complete isolation from Russia and Belarus, the Ukrainian Deputy Minister of Infrastructure Mustafa Nayem announced on Monday. In a letter sent to the ministries that oversee infrastructure in each of the four countries, the Ukraine government suggested the
Estonia received the third most venture capital (VC) per person in the world over the last 12 months, according to business information platform Crunchbase. The Baltic country’s lofty position on the list is mainly due to the multinational Bolt, which raised nearly USD 700 million in a funding round
It has been hailed in the Baltic countries of Estonia, Latvia and Lithuania as their most ambitious shared project for a century. Rail Baltica – a EUR 5.8 billion high-speed railway between Helsinki and Warsaw – was originally planned for completion in 2026. However the north-east-Europe-spanning rail-
After years of circling Hungary’s main airport, Prime Minister Viktor Orban finally declared the state’s intention to purchase Budapest Liszt Ferenc International this week. “This could happen at any moment”, he said. “It is only right if our sole major international airport is in Hungarian ownership (and can
Hauliers associations in Poland and Hungary say their members are not interested in the UK government’s offer of three-month work visas as an attempted solution to its growing petrol queues and lorry driver shortage. Over a million Poles and hundreds of thousands of Hungarians have lived and worked
If you’re traveling to Dubrovnik, Croatia’s southern Adriatic resort town, you no longer need to transit through Bosnia and Hercegovina: the two parts of Croatian territory are now united by a spectacular, 2.5 kilometer-long bridge, linking the mainland with the Peljesac peninsula. For the first time
As part of several deals signed that facilitate trade and movement, leaders from three Balkan states – Albania, North Macedonia and Serbia – agreed to an open border policy between them for travelers and commerce, effective 1 January 2023 if everything goes according to plan. Serbia’s president, Aleksandar Vucic, and the
Bulgaria is closing its borders to four more countries due to spikes in COVID-19 cases: the Netherlands, Malta, Andorra and Georgia. The list already included Great Britain, Spain, Cyprus and Kuwait among others. Bulgarian citizens coming from those counties are allowed entry into the country only with a PCR
The European Commission has recently approved a EUR 90 million subsidy offered by the Hungarian government to South Korea’s SK Innovations – one of the world’s largest energy and chemical companies – to support the establishment of its second battery plant in the city of Komárom in Hungary. According to
Russia is ready to supply Europe with what it considers the energy of the future: hydrogen. According to media reports, Russia immediately saw an opportunity to replace the oil and natural gas sales it makes to the EU, which will decline in the forthcoming decades, with deliveries of hydrogen. The
Hungary’s Minister Heading the Prime Minister’s Office, Gergely Gulyás said that the Hungarian government finds the EU’s Fit for 55 package unacceptable and will not endorse it. Since unanimity is required, the package will not be accepted in its present form, he predicted. Government-funded thinktank Századvég
Showing his backing of the “Three Seas Initiative,” US president Joe Biden appeared via video conference at the group’s event this week in Sofia, Bulgaria, giving a video address at the start of the conference. Seven heads of state were in attendance at the forum, held on 8-9