Central & Eastern Europe

Croatia set to join the Euro

Croatia has been given the go-ahead to adopt the euro from the start of next year, when it will become…

2 years ago

Hungary leverages over EU oil sanctions

The EU on Monday failed to make headway on finalising a sixth package of sanctions against Russia in response to…

3 years ago

Von der Leyen makes surprise visit to Budapest

European Commission President Ursula von der Leyen paid an unexpected visit to Budapest on Monday evening to discuss the EU’s…

3 years ago

Romania to host CEE firms at defence expo

Companies from at least nine Central and Eastern Europe (CEE) countries will present their products and services at the upcoming…

3 years ago

Germany to help Czechia renew army, and landlocked CEE countries to access gas

Germany will help Czechia to modernise its army by replacing military equipment it sent to Ukraine, German Chancellor Olaf Scholz…

3 years ago

CEE countries react to EU plan to completely phase out Russian oil

There were mixed messages from Central and Eastern Europe (CEE) on Wednesday, when the European Commission (EC) announced plans for…

3 years ago

CEE firms face clamour for solar panels, heat pumps

The combination of a rise in demand for renewable energy sources and supply-chain issues is causing problems for manufacturers in…

3 years ago

Growth in CEE to slow to 3.5% – World Bank

The war in Ukraine is set to inflict twice the amount of economic damage that the COVID-19 pandemic did, the…

3 years ago

Slovakia has CEE’s smallest wealth gap

Slovakia has by far the lowest wealth inequality in Central and Eastern Europe (CEE), with a Gini score of 50.3,…

3 years ago

Macron highlights CEE media, migration and rule of law in pre-EU presidency speech

Eastern Europe will be high on the agenda during France's six-month EU rotating presidency tenure which will commence in under…

3 years ago

ICT key to bridging East-West wage gap

The Eastern European countries with large digital economies such as Estonia, Czechia and Hungary are best placed to stimulate growth by…

3 years ago

When it comes to billionaires, Czechs are Central Europe’s overachievers

Henry Ford once said: "I am ready to account for any day in my life, but don't ask me how I…

3 years ago

There is little alternative to Russian gas for Eastern Europe – Hungary signs 10+5-year deal

Russian state-owned Gazprom and Hungarian energy group MVM signed a ten-year gas-supply agreement at the end of August. Under the deal,…

3 years ago

Germans vote, Central Europe shivers

The citizens of EU’s richest and most populous country go to the polls on September 26, and no foreign election…

3 years ago

Czechia Ranked Best Place for Manufacturing in Europe

A new study finds that the Czech Republic still has the most favorable conditions for manufacturing among countries in Europe.…

3 years ago

CEE Sees Ever-Higher Property Prices

As in the rest of Europe, the cost of both buying and renting property has gone up in Central &…

3 years ago

Global Minimum Tax: A Blessing or a Curse?

Small, export-oriented countries may lose out to larger economies if a “minimum tax” proposal from the Organisation for Economic Co-operation…

3 years ago

Romania’s Economy Grows 13% in 2nd Quarter

Reading Time: < 1 minute In Romania the post-pandemic economic recovery in the second quarter is already exceeding the pre-pandemic…

3 years ago

EU Aid to Bulgaria “in Danger,” Amid Political Chaos

Bulgaria, the poorest EU member state, is sliding into political chaos, throwing its ability to tap into badly needed EU…

3 years ago

Hungarian Government Opposes Single EU Carbon Price Tax

The Hungarian government is opposed to the introduction of a single EU carbon price and extension of the EU's Emissions…

3 years ago