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....
Comprehensive Agreement on Investment
Banks Will Have to Chip in to Reach EU Climate Goals
The leaders of the EU are planning to funnel hundreds of billons of euros into sustainable investments each year through banks...
EU Bans top 10 Single-use Plastic Products
As of 3 July, the European Union has banned the 10 most-found in waterways single-use plastic products (SUPs). The 10 most...
Poland: Phasing Out Coal and Moving Away from Russian Gas
Meeting the EU’s 2030 climate targets poses a huge challenge for Central European countries, especially for coal-dependent Poland. But it is...
Wages Catching up in Visegrád Countries… A Never-Ending Story
Shortly following the monumental changes to their governmental systems and economies, countries in Central & Eastern Europe did see their wages...
Slovenia Expansion of OTP Bank Raises Political Questions
Hungary's OTP Bank has acquired a 100% stake in Slovenia's Nova KBM after signing a purchase agreement with former shareholders of...
Will Hungary’s Automotive Industry Adjust to Future Challenges?
As in most countries in Central & Eastern Europe (CEE), the competitiveness of the Hungarian economy heavily depends on car production....
Slovakia’s Automotive Industry: Blessing or Curse?
Slovakia has been a great beneficiary of automotive industry expansion in recent decades. However, its high exposure to the global car...
AI & Blockchain: European Investment Bank warns of EUR 10bn funding gap
European investments in artificial intelligence (AI) and blockchain technologies are way behind Chinese and American investments. In a report related to such...
Hungary Hosts Region’s Largest Solar Plant
Central Europe’s largest solar plant has been inaugurated in Kaposvár, southwest of the Hungarian capital Budapest. The 100-megawatt solar power plant...
Hungarian Start-ups: Tech-heavy and Optimistic
More than 60% of Hungarian start-ups are using some sort of “deep tech,” according to the Hungarian Start-up Report conducted by...
Ukraine-China: Seeking Common Interest
Kyiv and Beijing both remain cautious towards full-scale cooperation despite a number of successful cooperative actions and the increasing trade seen...
Greece: China’s New Gateway to Europe
It's said that when times are tough one knows who their friends are. For Greece, it was Chinese interests (and credit)...
Veto Over Selling Aegon Stirs Diplomatic Tension
After an agreed takeover deal for Hungarian insurance company Aegon, a blocking of the transaction between Dutch Aegon and VIG in...
Hungary: Open to the East
Similar to its welcoming approach to Russia, Hungary's government is greeting Chinese economic and trade interests with open arms - despite...
China Investing in CEE: Quo Vadis?
A global trade war between the US and China may turn Central & Eastern Europe (CEE) into a battleground. The region,...
Hungarian Government Rushes to Hand in Recovery Plan
Hungary will be among the first countries to hand in its Recovery Plan in Brussels, said Gergely Gulyás of the prime...
Romania’s Relations with Moscow: Overloaded with Contentious Issues
Within the EU, Romania is a hardliner against Russia, and a country almost immune to Russian pressure in Eastern Europe. New...
Hungary and its Alliance Forged in the Past
Moscow has used Hungary as a gateway to the EU and consistently uses Russian finances to maintain the goodwill of the...
G20 finance ministers also ponder global corporate tax
Changes to how multinational companies and giant tech firms are taxed globally may be on the horizon, resulting in a curbing...