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...
European Commission
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 to...
CEE states urge EU to rebuild Ukraine with seized Russian assets
In a letter to be sent to EU finance ministers, Slovakia, Lithuania, Latvia and Estonia jointly call for frozen Russian assets...
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 came...
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 by...
Poland set to unlock EUR 36bn in COVID recovery funds frozen over dispute – report
The European Commission (EC) is about to release the EUR 36bn Recovery and Resilience Plan (RRP) funds to Poland that were...
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...
Crucial vote next week for EU decarbonisation
MEPs on the environment committee of the European Parliament (ENVI) will vote on a tranche of environmental proposals early next week....
EU may compensate CEE countries for hit from Russian oil embargo
The European Commission (EC) could channel funds to countries in Central and Eastern Europe (CEE) to help reduce their dependence on...
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...
EU offers CEE countries extended deadline for Russian oil embargo
The EU has revised its proposal to ban Russia oil imports by the end of 2022, in order to give Hungary...
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...
Poland opens new GIPL pipeline, bringing Baltic states into EU gas transit network
Poland began operating a new pipeline that transits gas from Lithuania on Sunday, 1 May. The launch was particularly timely, as...
EU initiates rule of law process against Hungary
The European Commission (EC) has activated against Hungary a “rule of law mechanism” that links alleged corruption to provision of EU...
EU offers loans to Lithuanian firms caught in crosshairs of Taiwan-China dispute
The EU will extend EUR 130mn to Lithuanian companies affected by the trade restrictions China has imposed on the Baltic country,...
EU mulls green-energy target hike
The European Commission (EC) is assessing whether the EU can ramp up its renewable energy target for 2030 from 40% to...
EU bans Russian ships from Europe’s ports
The EU banned Russian seafaring vessels from entering European ports, as it approved its fifth tranche of sanctions against Russia on...
Ukraine a “living hell”, says United Nations chief
Ukrainians are going through a “living hell”, UN Secretary-General Antonio Guterres said on Tuesday, in what he termed an unwinnable war...
UN condemns Ukraine attack, calls for complete withdrawal of Russian forces
In an emergency General Assembly meeting on Wednesday, the United Nations condemned Russia’s attack on Ukraine and called for complete withdrawal,...
Failure to pass judicial reforms slows Slovakia’s recovery fund uptake
Slovakia’s failure to approve judicial reforms and a “court map” could curtail its access to EU recovery plan funds, writes Euractiv....