Russia

Hungary blocks EU’s Ukraine arms package after Kiev sanctions OTP bankHungary blocks EU’s Ukraine arms package after Kiev sanctions OTP bank

Hungary blocks EU’s Ukraine arms package after Kiev sanctions OTP bank

Hungary has vetoed EUR 500mn worth of arms funding from the EU to Ukraine, Italian media first reported on Monday,…

2 years ago
Falling energy prices hit MOL’s Q1 figuresFalling energy prices hit MOL’s Q1 figures

Falling energy prices hit MOL’s Q1 figures

Sharply falling energy prices are good news for the population and almost all market segments and the population alike, but…

2 years ago
Poland’s Orlen losing millions over Russian oil banPoland’s Orlen losing millions over Russian oil ban

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…

2 years ago
Bulgaria election ends in stalemate, but gains for pro-Russian partyBulgaria election ends in stalemate, but gains for pro-Russian party

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…

2 years ago
Morawiecki suggests ways to fund Ukraine warMorawiecki suggests ways to fund Ukraine war

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…

2 years ago
Hungary could decouple from Russian gas – reportHungary could decouple from Russian gas – report

Hungary could decouple from Russian gas – report

Hungary could realistically replace Russian gas imports, according to local analysts, who say its dependence is reliant on the will…

2 years ago
Montenegrin president to face new rival in run-off vote after narrow election victoryMontenegrin president to face new rival in run-off vote after narrow election victory

Montenegrin president to face new rival in run-off vote after narrow election victory

Montenegrin President Milo Djukanovic took around one-third of the votes in Sunday's presidential election ballot, well below the majority needed…

2 years ago
EU imposes new sanctions on RussiaEU imposes new sanctions on Russia

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…

2 years ago
Russia cuts oil supply to PolandRussia cuts oil supply to Poland

Russia cuts oil supply to Poland

Russia has ceased the supply of oil to Poland through the Druzhba pipeline, CEO of Polish oil refiner PKN Orlen…

2 years ago
Moldova closes airspace, accuses Russia of coup plotMoldova closes airspace, accuses Russia of coup plot

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…

2 years ago
Moldovan defence advisor set to become PMMoldovan defence advisor set to become PM

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…

2 years ago
Joint letter says Russian assets should rebuild UkraineJoint letter says Russian assets should rebuild Ukraine

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…

2 years ago
EU widens embargo on Russian diesel, oilEU widens embargo on Russian diesel, oil

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…

2 years ago
Hungary bails out steelmaker DunaferrHungary bails out steelmaker Dunaferr

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,…

2 years ago
US moves into CEE arms market – CET analysisUS moves into CEE arms market – CET analysis

US moves into CEE arms market – CET analysis

Geopolitics is leaving its mark on the arms race in Central and Eastern Europe (CEE). Countries are drifting further away…

2 years ago

Bulgaria faces fifth election in two years, as pro-Kremlin Socialists fail to form gov’t

Bulgaria is preparing for a new general election in the spring, following the failure of the country's Socialist Party to…

2 years ago

Gazprom failed to make January payment for Czech gas transit, minister confirms

Net4Gas, Czechia's natural gas transmission system operator, had not received its contracted monthly payment from Russian state-owned Gazprom by 4…

2 years ago

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…

2 years ago

PMs discuss new Slovenia-Hungary gas link

Slovenian Prime Minister Robert Golob and Hungarian Prime Minister Viktor Orban have discussed building a pipeline to transit Algerian gas…

2 years ago

Poland grants Ukraine access to disaster site, after two citizens killed by missile

The death of two men at the hands of a missile on farmland in the Polish village of Przewodow sparked…

2 years ago