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...
Russia
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...
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 from...
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 form...
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 January,...
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 the...
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 when...
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 fears...
Romania secures EUR 650mn factory investment as Nokian Tyres looks to replace Russian output
Nokian Tyres will build a EUR 650mn passenger car tyre factory in Oradea, western Romania, creating around 500 jobs, it announced...
Polish energy giant PKN Orlen mulls purchase of German refinery
Polish refiner PKN Orlen is considering buying a majority stake in the PCK Schwedt refinery in north-east Germany, which until Friday...
Baltic countries to fully ban entry for Russian citizens, while EU plans major restrictions
Lithuania, Latvia and Estonia are finalising coordinated agreements on restricting entry for the Russian citizens with Schengen visas, the three Baltic...
Hungary to call for removal of Russian oligarchs from EU sanctions list – report
Hungary will not agree to the extension of EU sanctions against Russia unless visa bans and asset freezes against three Russian...
Hungary to push on with Paks II project, as nuclear agency issues partial construction permit
Hungary's National Atomic Energy Authority (OAH) has granted a partial licence in connection with the expansion of the country's only nuclear...
Bulgaria wavers on pivot back to Russian energy
Bulgaria has resumed discussions with Russian state energy company Gazprom regarding the country's natural gas supplies, interim Energy Minister Rossen Hristov...
Estonia becomes latest CEE country to be targeted by Russian hackers Killnet
Estonia has repelled its most severe hacking attack in 15 years, the government announced on Thursday. The hack of the previous day...
EU member states split over strictness of visa policy for Russians – CET analysis
After months of deliberation, Estonia banned Russian citizens with tourist visas from entering its territory on Thursday, effective as of next...
Russian oil deliveries to CEE resume after MOL intervention ends week-long stasis
Crude oil flows to Hungary, Slovakia and Czechia will recommence after Hungarian energy firm MOL paid the August transit fee for...
As Russia turns off the taps, Hungary negotiates deal to get gas transits wholly via southern TurkStream pipeline
Hungarian Foreign Minister Peter Szijjarto announced Monday that he is in negotiations with Russia’s Gazprom regarding a long-term gas supply deal...
Lithuanian PM defends decision to permit Russian transits to Kalingrad
Lithuanian Prime Minister Ingrida Simonyte reacted to criticism on Thursday over her country’s acceptance of the transport of civilian-use goods from...