Slovakia to tax Russian-processed oil
The Slovak government approved a proposal to impose an extra import tax on Russian-processed crude oil on Wednesday. The levy would...
Short News
EU may compensate CEE countries for hit from Russian oil embargo
The European Commission (EC) could channel funds to countries in Central and Eastern Europe (CEE) to help reduce their dependence on...
NATO ups air presence in CEE airspace
NATO has around 30 surveillance and fighter jets in airspace outside of Ukraine and Belarus at any moment according the defence...
TUI pulls CEE flights due to dip in demand
Tour operator TUI Belgium has cancelled scheduled summer flights to Bulgaria and North Macedonia citing falling interest in destinations in Central...
EU offers CEE countries extended deadline for Russian oil embargo
The EU has revised its proposal to ban Russia oil imports by the end of 2022, in order to give Hungary...
Poland takes anti-war drive to Hungary
The Polish government’s Stop Russia Now advertising campaign arrived in Hungary on Wednesday, increasing speculation that the alliance between the two...
CEE countries react to EU plan to completely phase out Russian oil
There were mixed messages from Central and Eastern Europe (CEE) on Wednesday, when the European Commission (EC) announced plans for a...
EU may excuse Hungary, Slovakia from oil ban
The European Commission (EC) may allow Hungary and Slovakia to opt out of the Russian oil embargo currently being drawn up,...
EU states see green goals, Russian energy cuts as win-win
A coalition of 11 European Union states led by Denmark wants to accelerate the continent’s green transformation, in order to end...
Russian firms flock to Serbia post-invasion
Nearly 300 Russian companies and nationals have been registered in Serbia since Russia launched its invasion of Ukraine on 24 February,...
Romania’s Economy Grows 13% in 2nd Quarter
Romania’s economy continued its robust post-pandemic recovery in the second quarter after already returning to pre-pandemic levels in the first quarter....
Bulgaria Expands Entry Restrictions
Bulgaria is closing its borders to four more countries due to spikes in COVID-19 cases: the Netherlands, Malta, Andorra and Georgia....
Hungary’s Record-breaking State Aid to Battery Factory Approved
The European Commission has recently approved a EUR 90 million subsidy offered by the Hungarian government to South Korea's SK Innovations...
Russia Prepares to Supply Europe with Hydrogen
Russia is ready to supply Europe with what it considers the energy of the future: hydrogen. According to media reports, Russia...
Ukraine and Poland Will Oppose the Launch of Nord Stream 2
The United States and Germany issued a joint declaration in which the two countries agreed to complete Nord Stream 2 and...
Bulgaria Sued for Refusing to Link Business Register to EU System
The European Commission took Bulgaria to the European Court of Justice after four years of Sofia refusing to link its national...
US President Shows Support for “Three Seas” Initiative
Showing his backing of the "Three Seas Initiative," US president Joe Biden appeared via video conference at the group's event this...
Hungary’s Recovery Funds Hang in the Balance
Hungary's government faced a barrage of criticism from officials in Strasbourg this week over a law that bans content "promoting homosexuality"...
Banks Will Have to Chip in to Reach EU Climate Goals
The leaders of the EU are planning to funnel hundreds of billons of euros into sustainable investments each year through banks...
Will Poland and Hungary See Sustained Inflation?
Inflation may pose a real threat for countries in Central & Eastern Europe (CEE), specifically for Poland and Hungary, which are...