The Hungarian government declared a state of emergency and ditched its flagship policy of subsidising domestic utility bills on Wednesday,…
As Europe attempts a highly complicated manoeuvre to phase out Russian energy, two countries in Central and Eastern Europe (CEE)…
In a letter to be sent to EU finance ministers, Slovakia, Lithuania, Latvia and Estonia jointly call for frozen Russian…
Austrian energy group OMV announced on Friday that it was opening an account with Russian Gazprombank for ruble conversion. The development…
The Slovak government approved a proposal to impose an extra import tax on Russian-processed crude oil on Wednesday. The levy…
The European Commission (EC) could channel funds to countries in Central and Eastern Europe (CEE) to help reduce their dependence…
NATO has around 30 surveillance and fighter jets in airspace outside of Ukraine and Belarus at any moment according the…
European Commission President Ursula von der Leyen paid an unexpected visit to Budapest on Monday evening to discuss the EU’s…
The EU has revised its proposal to ban Russia oil imports by the end of 2022, in order to give…
Germany will help Czechia to modernise its army by replacing military equipment it sent to Ukraine, German Chancellor Olaf Scholz…
There were mixed messages from Central and Eastern Europe (CEE) on Wednesday, when the European Commission (EC) announced plans for…
The European Commission (EC) may allow Hungary and Slovakia to opt out of the Russian oil embargo currently being drawn…
Poland began operating a new pipeline that transits gas from Lithuania on Sunday, 1 May. The launch was particularly timely,…
Mutually beneficial business relations were meant to cement cooperation and peace in Europe after WWII. This post-world war global order…
EU Commission President von der Leyen proclaimed “the era of Russian fossil fuel in Europe is coming to an end"…
A coalition of 11 European Union states led by Denmark wants to accelerate the continent’s green transformation, in order to…
The war in Ukraine is set to inflict twice the amount of economic damage that the COVID-19 pandemic did, the…
Russia's Sberbank has sold its 43% stake in Fortenova to Hungarian-US investment fund Indotek Group, Croatian daily Jutarnji List reported.…
Nearly 300 Russian companies and nationals have been registered in Serbia since Russia launched its invasion of Ukraine on 24…
The EUR 12.5 bn expansion of Hungary’s only nuclear power plant at Paks remains viable, Hungarian Prime Minister Viktor Orban…