Hungary’s energy strategy has left it vulnerable to electricity price speculators – report
Hungary’s electricity market has become a focal point for speculative trading, driven by a combination of renewable energy imbalances and the...
European Union
CEE mulls ramifications of Trump’s victory on trade, defence, environment
As Donald Trump officially declared his victory in the US election, he received congratulations from numerous Central and Eastern Europe (CEE)...
‘Budapest Declaration’ signed as Orban hosts EU summit
European leaders committed to developing a defence industry base and enhancing EU competitiveness at an informal European Council summit in the...
Moldova pivots to EU in presidential vote
Moldovan President Maia Sandu defeated her pro-Russian rival Alexandr Stoianoglo by around 55% to 45% in the presidential second-round vote on Sunday, 3 November. While...
CEE countries take sides in aftermath of Georgia’s disputed election
In the wake of the parliamentary elections in Georgia held on 26 October 2024, international reactions ranged from congratulations to expressions...
Bulgarian election delivers hung parliament
Bulgarian ex-prime minister Boyko Borissov’s conservative, pro-EU GERB (Citizens for European Development of Bulgaria) party garnered approximately 25% of the votes...
Romania oks EUR 150mn strategic infrastructure investment at Port of Constanta
Romania has approved “technical-economic indicators” for an over RON 750mn (EUR 150.8mn) rail construction project at the country's largest port Constanta,...
Moldovans vote ‘yes’ to joining EU in tight ballot
In a knife-edge referendum that laid bare Moldova's internal divisions and heightened geopolitical tensions, the country's voters backed constitutional changes aimed...
EU okays Polish EUR 1.2bn state-aided energy-storage project
The European Commission (EC) has greenlit Poland's USD 1.2bn scheme for projects to increase electricity storage capabilities to foster the transition...
BiH completes largest ever infrastructure project
Financed with a EUR 5mn EU grant and a EUR 100mn loan from the European Investment Bank (EIB), the nearly 1km-long...
Rheinmetall to build EUR 180mn factory in Lithuania
Germany’s Rheinmetall will spend more than EUR 180mn on an ammunition manufacturing facility in Lithuania, the Lithuanian Economy and Innovation Ministry...
Moldovan industrial sector to get EU cash
A total of 59 companies have been awarded non-reimbursable funding totalling some MDL 25mn (EUR 1.3mn) as part of a MDL...
Polish PM warns off calls for Hungary ban from Schengen visa-free travel area
Polish Prime Minister Donald Tusk advised caution to European politicians calling for Hungary’s expulsion from the Schengen area, as it could...
Romania increasingly key strategic ally for US – analysis
The expansion and modernisation of the NATO air base in Constanta, south-east Romania, symbolises the country's growing strategic importance to NATO...
Hungary secured EUR 1bn loan from China
Hungary has borrowed EUR 1bn (approximately USD 1.1bn) from Chinese banks earlier this year, according to the country's debt management agency,...
Bulgaria offers help to Slovakia, Hungary after Ukraine imposes Lukoil transit ban
Bulgaria has extended a helping hand to Hungary in managing the fallout from Ukraine’s recent ban on the transit of oil...
Orban makes surprise visits to Ukraine, Russia, China on ‘mission for peace’
Hungarian Prime Minister Viktor Orban was accused of mission creep by the international community after he opened his first week hosting...
Ukraine, Moldova open EU accession talks
The EU formally opened accession negotiations with Moldova and Ukraine on 25 June. The agreement of the EU's 27 members was...
Kallas set to be CEE’s first EU foreign policy chief
Estonian Prime Minister Kaja Kallas was nominated on Friday, 28 June as the EU’s foreign policy chief (High Representative of the...
Orban slams EU on cusp of elections, Hungarian presidency
Hungarian Prime Minister Viktor Orban, who recently described the current European Commission (EC) as “the worst one” ever, framed the June 7-9...