energy

As CEE energy costs soar, IMF says customers should pick up the bill

The International Monetary Fund (IMF) has recommended that European governments let consumers bear the brunt of rocketing domestic energy bills,…

2 years ago

Hungary makes energy crisis plans

The Hungarian government unveiled a number of energy-related measures at the weekend, in response to soaring prices and an impending…

2 years ago

Hungary leads EU for solar electricity generation

Hungary had the highest proportion of solar technology in its electricity production in the EU last year, according to the…

2 years ago

Croatia agrees to expand oil capacity to CEE

Croatia is ready to enlarge the capacity of the Adria oil pipeline as part of a long-term energy cooperation agreement…

2 years ago

While Slovakia cuts Russian gas, Serbia agrees ‘extremely favourable’ deal with Putin

As Europe attempts a highly complicated manoeuvre to phase out Russian energy, two countries in Central and Eastern Europe (CEE)…

2 years ago

Hungary to levy windfall taxes on banking, energy, telcos, airlines, retail, pharma, ads

Hungarian Prime Minister Viktor Orban announced that banks, insurance companies, retail chains, energy firms, telcos and airlines in Hungary will…

2 years ago

OMV to transfer euros to Russia for payments to Gazprom

Austrian energy group OMV announced on Friday that it was opening an account with Russian Gazprombank for ruble conversion. The development…

2 years ago

EC unveils EUR 300bn plan to decouple from Russian energy within 5 years

The European Commission (EC) adopted a EUR 300bn proposal for the 27-country bloc to be entirely independent of Russian energy…

2 years ago

Slovakia to tax Russian-processed oil

The Slovak government approved a proposal to impose an extra import tax on Russian-processed crude oil on Wednesday. The levy…

2 years ago

Croatia plans for worst case energy scenario

Croatia is currently boosting its own gas security in preparation for next winter, Energy Minister Davor Filipovic announced. By 1…

2 years ago