Next year the EU will provide Ukraine with EUR 18bn, circumventing Hungary’s veto, the Council of the European Union announced on Saturday.
The loan to the war-torn country is aimed at short-term repairs of critical infrastructure and longer-term post-war reconstruction with an eye on future European integration.
Czech Finance
Wizz Air will serve 31% more passengers than Ryanair in Central and Eastern Europe (CEE) and the Caucuses this winter, according a new report that cites Official Aviation Guide (OAG) data.
While the Hungary-headquartered airline runs 651 routes to, from and in CEE, this figure is 514 for Ryanair. That
The meeting of the parliamentary speakers of the Visegrad Four (V4) countries scheduled for this Friday (25 November) has been cancelled after legislative leaders from Czechia and Poland announced they would not attend the event, citing Hungary’s friendly relations with Russia, Czech new website Seznam Zpravy reported.
Czech Speaker
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
Household electricity prices rose year-on-year in the first half of 2022, from EUR 22 per to EUR 25.30 per 100 kWh on average, according to the latest report by Eurostat.
Meanwhile households across the bloc saw gas prices climb from EUR 6.40 to EUR 8.60 per 100
The forint rebounded against both the US dollar and euro late Monday, on news that Russian-state-run energy company Gazprom has agreed not to collect payment on Hungary’s gas usage this winter.
As per the deal, announced by the Hungarian Energy Board MVM earlier Monday, Hungary can delay payment for
Latvia’s ruling centre-right party Jauna Vienotiba (New Unity) was the clear winner in the country’s general elections at the weekend with around 19% of the vote, as Russian minority parties dropped out of parliament, with 99% of the votes counted on Sunday.
The Greens and Farmers Union came
Polish officials symbolically commissioned the Baltic Pipe natural gas pipeline with Norway on Tuesday, a day that turned out to be epochal for energy in Europe.
With an annual capacity of ten billion cubic metres, the pipeline opens a new North Sea channel for Norwegian gas imports via Denmark.
“The
Hungarian Sinologist Tamas Matura argued in his recent report for CEPA that China wields little influence in Hungary, despite the Hungarian government’s decade of support for Beijing in the EU. However, shortly after the release of the CEPA report, China’s CATL announced plans to build a EUR 7.
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
German Chancellor Olaf Scholz emphasised the urgency of accession for aspiring EU members in Central and Eastern Europe (CEE) when he met with Czech Prime Minister Petr Fiala in Prague. Scholz also laid out his pan-European policy vision regarding energy, defence, trade, natural resources and migration.
“The centre of Europe
Slovakia, Hungary, Romania and Moldova were among the European countries most affected by low rainfall rates in the three months up to 10 August, according to the latest report from the European Commission (EC) research body Global Drought Observatory (GDO).
Other badly hit regions in Central and Eastern Europe (CEE)
Lithuanian Prime Minister Ingrida Simonyte reacted to criticism on Thursday over her country’s acceptance of the transport of civilian-use goods from Russia to Kalingrad across its territory.
“It would be irrational to continue to argue with EU partners” Simonyte said, after the European Commission (EC) on Wednesday clarified its
The Hungarian government declared a state of emergency and ditched its flagship policy of subsidising domestic utility bills on Wednesday, as fears of a looming European energy crisis rise across the continent.
The crisis meeting of Hungarian Prime Minister Viktor Orban’s energy cabinet on Wednesday was prompted, according to