European Commission

EC warns Slovakia to review 2023 budget or risk losing Covid-recovery funding

The European Commission (EC) told Slovakia on Tuesday to include spending limits in its state budget or risk endangering the…

2 years ago

EC to decide on Hungary funding by end of month

Hungary will find out whether it will receive its EUR 7.2 bn pandemic recovery fund payment on 22 November, Bloomberg…

2 years ago

Slovenia agrees on EUR 3.26bn funding strategy with European Commission

Slovenia will receive 3.26 billion euros in EU funding via a partnership agreement, the details of which it finalised with…

2 years ago

EC backs withholding EUR 7.5bn from Hungary

The European Commission (EC) recommended the rescinding of 7.5 billion euros worth of cohesion funds from Hungary on Sunday, unless…

2 years ago

MEPs to vote on rule of law in Hungary, as EC mulls next move on suspended funds

As the September 21 deadline approaches, leaders in Brussels are split on whether to finally unlock billions of euros that…

2 years ago

Baltic countries to fully ban entry for Russian citizens, while EU plans major restrictions

Lithuania, Latvia and Estonia are finalising coordinated agreements on restricting entry for the Russian citizens with Schengen visas, the three…

2 years ago

Hungary to call for removal of Russian oligarchs from EU sanctions list – report

Hungary will not agree to the extension of EU sanctions against Russia unless visa bans and asset freezes against three…

2 years ago

Ukraine, Kosovo, security on agenda at Open Balkan summit

European Commissioner Oliver Varhelyi said the EU’s EUR 29bn investment package for the Western Balkans “has the potential to transform…

2 years ago

Hungary to push on with Paks II project, as nuclear agency issues partial construction permit

Hungary's National Atomic Energy Authority (OAH) has granted a partial licence in connection with the expansion of the country's only…

2 years ago

Bulgaria wavers on pivot back to Russian energy

Bulgaria has resumed discussions with Russian state energy company Gazprom regarding the country's natural gas supplies, interim Energy Minister Rossen…

2 years ago

Europe’s drought worst in 500 years – EC report

Slovakia, Hungary, Romania and Moldova were among the European countries most affected by low rainfall rates in the three months…

2 years ago

Corruption not seen as major issue by majority of firms in Poland, Czechia, Austria- Ipsos poll

Corruption is considered a very serious problem by 59% of business leaders in Romania, the highest percentage in the EU,…

2 years ago

Estonia top CEE country on EU’s digital progress tracker

Estonia is top in Central and Eastern Europe (CEE) and seventh in the EU as a whole in the new…

2 years ago

Lithuanian PM defends decision to permit Russian transits to Kalingrad

Lithuanian Prime Minister Ingrida Simonyte reacted to criticism on Thursday over her country’s acceptance of the transport of civilian-use goods…

2 years ago

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,…

2 years ago

Croatia to get less Covid recovery funding after economic rebound in 2021

The European Commission (EC) will cut Croatia’s maximum share of the EU's Recovery and Resilience Facility (RRF) stimulus programme by…

2 years ago

Austria tries to get Serbia back on EU track

Austria’s foreign and European affairs minister said he expects the countries in the Western Balkans (WB) to join the EU,…

2 years ago

CEE urges more time for EU projects

Inflation is endangering EU-funded infrastructure constructions across Central and Eastern Europe (CEE), and affected countries say the European Commission (EC)…

2 years ago

Polish ‘train levitation’ firm among six CEE startups to secure EU innovation funding

The European Innovation Council (EIC) will award grants or equity investments of up to EUR 17.5mn to six “high potential”…

2 years ago

Plan to disburse over EUR 35bn recovery cash to Poland stings MEPs into action

MEPs are planning to protest the transfer of a EUR 35.4bn EU stimulus package to Poland, arguing that the country…

2 years ago