Hungary, Poland hope law reforms will see EU unfreeze billions in funding in 2023
The EU last year attempted to address the erosion of perceived democratic norms of the populist governments of Hungary and Poland,...
European Commission
Romania, Hungary sign deal to lay world’s longest electricity cable
Hungary and Romania were among the four signatories of an agreement to construct a 1,100km (685 mile) power line under the...
EU clears path for EUR 18bn loan to Ukraine
Next year the EU will provide Ukraine with EUR 18bn, circumventing Hungary's veto, the Council of the European Union announced on...
EU moves to freeze Hungary funds, but real picture more nuanced
The European Commission (EC) opened the possibility for EU national leaders to punish Hungary in an upcoming vote on funding suspensions, on...
Last chance for Hungary on EU funding
Hungary could lose billions of euros from its Recovery and Resilience Facility (RRF) funding entitlement after the European Commission (EC) decided...
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 EUR...
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 reports,...
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 the...
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 it...
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 have...
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 Baltic...
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 Russian...
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 the...
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 nuclear...
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 Hristov...
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 up...
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, according...
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 European...
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 from...
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...