Multi-billion deal sees Emirati operator acquire telco assets in four CEE countries
Emirates Telecommunication Group Company (e&) will buy a 50% plus one share in PPF Group’s telecommunications assets in Bulgaria (mobile operator...
Slovakia
Orban, Fiala trade blows over future of EU, V4
Czech Prime Minister Petr Fiala dismissed Hungarian Prime Minister Viktor Orban's claim over the weekend that Czechia has "changed sides" regarding...
Economist becomes Slovakia’s first Hungarian-minority PM
Former Slovak Central Bank (NBS) deputy governor Ludovit Odor was sworn in as the country’s interim prime minister this week. Odor's...
Slovakia sends 13 fighter planes to Ukraine
Slovakia has donated 13 MiG-29 fighter jets to the Ukrainian forces, Slovak state news agency TASR reported on the morning of...
EC warns Slovakia to review 2023 budget or risk losing Covid-recovery funding
The European Commission (EC) told Slovakia on Tuesday to include spending limits in its state budget or risk endangering the EUR...
VW floats idea of CEE exit
German carmaker Volkswagen (VW) may close its plants in Central and Eastern Europe (CEE) if the natural gas shortage persists beyond...
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...
Hungary’s ‘race to the bottom’ currency policy comes under fire – CET analysis
Hungary's currency, the forint, has in recent weeks plumbed all-time lows against the euro. Although currencies are dropping across Central and...
Hungary makes energy crisis plans
The Hungarian government unveiled a number of energy-related measures at the weekend, in response to soaring prices and an impending autumn...
CEE foreign ministers convene for energy, security talks
Austrian Foreign Minister Alexander Schallenberg said it is extremely important that the EU provide support to Africa, when he and his...
Croatia agrees to expand oil capacity to CEE
Croatia is ready to enlarge the capacity of the Adria oil pipeline as part of a long-term energy cooperation agreement to...
CEE states urge EU to rebuild Ukraine with seized Russian assets
In a letter to be sent to EU finance ministers, Slovakia, Lithuania, Latvia and Estonia jointly call for frozen Russian assets...
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...
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...
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...
CEE firms face clamour for solar panels, heat pumps
The combination of a rise in demand for renewable energy sources and supply-chain issues is causing problems for manufacturers in Czechia...
Nuclear plant expansion is on, Hungary PM says, as FM calls sector sanctions ‘a red line’
The EUR 12.5 bn expansion of Hungary’s only nuclear power plant at Paks remains viable, Hungarian Prime Minister Viktor Orban told...
Slovakia has CEE’s smallest wealth gap
Slovakia has by far the lowest wealth inequality in Central and Eastern Europe (CEE), with a Gini score of 50.3, the...
Retailer Lidl Passes Tesco, now #1 in Slovakia
In Slovakia, Tesco is now in the rear mirror for German supermarket chain Lidl, whose profits for 2020 (over EUR 126...
Slovakia’s Flying Car Takes Flight
In Slovakia, a prototype flying car has completed a 35-minute flight between the country's international airports in Nitra and Bratislava. The...