CEE foreign ministers convene for energy, security talks
Austrian Foreign Minister Alexander Schallenberg said it is extremely important that the EU provide support to Africa, when he and his...
Central & Eastern Europe
Bruising week for CEE currencies ends with slight rises for zloty, forint, Czech crown
The Czech, Polish and Hungarian currencies all weakened against the major global currencies this week, as recession fears intensified globally, impacting...
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 twentieth...
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 its...
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 proposed...
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 military,...
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 said...
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 a...
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 Czechia...
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 World...
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, the...
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 three...
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 increasing...
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 made...
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, effective...
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 is...
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. Worldwide,...
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 & Eastern...
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 and...
Romania’s Economy Grows 13% in 2nd Quarter
Romania’s economy continued its robust post-pandemic recovery in the second quarter after already returning to pre-pandemic levels in the first quarter....