Poland’s Orlen losing millions over Russian oil ban
Poland's state-controlled oil company, PKN Orlen, is facing significant losses due to the EU banning Russian crude oil. The company is...
European Union
EUR 1bn earmarked for Ukraine as EU raises ‘peace facility’ funding limit
The Council of the European Union will send another EUR 1bn in support for ammunition and missiles for Ukraine as it...
Czechia, Hungary, Estonia top for employment in CEE – Eurostat report
Estonia had the highest employment rate in Central and Eastern Europe (CEE) of 81.9% in 2022, according to the recently released...
EU plan to source local raw materials will boost mining, battery industries in CEE – CET analysis
The EU’s mooted 'critical raw materials (CRM) law' would strengthen the EU’s autonomy by reducing its reliance on third countries for...
Romanian farmers hold nationwide protest
Farmers are organising protests across Romania on Friday 7 April to express dissatisfaction with the European Commission (EC) approach market distortions...
Bulgaria election ends in stalemate, but gains for pro-Russian party
Bulgaria's conservatives and liberals were practically neck and neck with votes still being counted after the country's fifth election in two...
Morawiecki suggests ways to fund Ukraine war
Polish Prime Minister Mateusz Morawiecki called on Germany to up its support for Ukraine as Europe continues to search for ways...
EU imposes new sanctions on Russia
The EU on Saturday released its 10th package of sanctions against Russia targeting 87 individuals and 34 entities to mark the...
Serbia gets its biggest ever EU grant for Belgrade-Nis rail revamp
Serbia is set to receive a EUR 600mn handout from the EU towards its around EUR 2.2bn reconstruction of the 230km Belgrade-Nis...
EU goes legal with Poland over rule of law
The European Commission (EC) has referred Poland to the Court of Justice of the European Union (CJEU) for violating EU law,...
Moldova closes airspace, accuses Russia of coup plot
Moldova shut down its airspace for three hours on Tuesday, 14 February, one day after the country’s head of state accused...
Moldovan defence advisor set to become PM
Dorin Recean, a pro-Western defence expert and former interior minister, is expected to become Moldova's new prime minister after receiving Parliament's approval this...
Joint letter says Russian assets should rebuild Ukraine
Leaders from the Baltic nations and Poland have called for the utilization of approximately EUR 300bn worth of assets from the...
EU widens embargo on Russian diesel, oil
The European Union expanded its ban on Russian diesel fuel and refined oil products with immediate effect on Sunday 5 February,...
Hungary bails out steelmaker Dunaferr
Hungarian Prime Minister Viktor Orban met with a working group aiming to save the indebted steel company Dunaferr on Wednesday, 1...
CEE countries ask EU to fund Azeri gas pipelines
Romania, Bulgaria, Hungary and Slovakia have jointly requested EU funding to develop the necessary infrastructure to support increased gas supplies from...
Poland emerges as European defence power
As President Vladimir Putin's invasion of Ukraine nears its first anniversary and Russia regroups, the defence sector politics of Central and...
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,...
Hungary, EU agree conditional release of disputed funds
The Council of the European Union adopted legislation Friday on releasing funds for Hungary’s EUR 5.8bn Recovery and Resilience Facility (RRF)...
Bosnia, Kosovo, move closer to EU, amid scepticism over lengthy accession process
Bosnia and Herzegovina became an official candidate for EU membership in Brussels on Thursday, as the European Council approved the recommendation...