Slovakia

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…

1 year ago

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"…

1 year ago

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.…

2 years ago

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…

2 years ago

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…

2 years ago

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…

2 years ago

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…

2 years ago

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…

2 years ago

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…

2 years ago

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…

2 years ago

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…

3 years ago

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…

3 years ago

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…

3 years ago

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…

3 years ago

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…

3 years ago

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…

3 years ago

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…

3 years ago

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,…

3 years ago

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…

3 years ago

Slovakia’s Flying Car Takes Flight

Reading Time: 2 minutes Slovakia's hybrid car-aircraft has completed its maiden voyage between two of the country's international airports. https://centraleuropeantimes.com/2021/07/slovakias-flying-car-takes-flight/

3 years ago