Forint tumbles after Moody’s downgrade

1 year ago

The Hungarian forint plummeted to a near-historic low against sterling on Monday morning, with a British pound buying HUF 501.5.…

Romanian ruling party wins House elections to stem political crisis

1 year ago

Romania’s ruling centre-left party came first in parliamentary elections, according to preliminary results, one week after the surprise victory of…

Central banker proclaims Romania’s ‘economic miracle’

1 year ago

Romania's GDP per capita, measured in purchasing power parity relative to the EU average, has surged from 25% in the…

Poland world’s biggest gold buyer in Q2, Q3

1 year ago

Poland was the world’s largest gold buyer in the second and third quarters of 2024, and central banks across Central…

New EU Commission readies for pivotal term

1 year ago

European Commission (EC) President Ursula von der Leyen looks set to push through her new team of commissioners and executive…

Poland, Latvia, Lithuania ink drone MOUs with Taiwan

1 year ago

The Taiwanese government-backed drone supply chain alliance on Friday, 15 November signed a memorandum of understanding (MOU) with the Polish-Taiwanese…

Populist surge in Romanian presidential election sees PM humbled

1 year ago

Romania's presidential election race delivered a shock result on Sunday, 24 November, as far-right, pro-Russia independent Calin Georgescu won the…

Incoming Lithuanian PM prioritises defence

1 year ago

Lithuania’s new Prime Minister Gintautas Paluckas plans to increase the country's defence spending to 3.5% of GDP in response to…

Teltonika drops EUR 3.5bn ‘dream’ project in Vilnius

1 year ago

Teltonika has announced it is halting the construction of its EUR 3.5bn High-Tech Hill park in Vilnius over delays in…

Hungary’s energy strategy has left it vulnerable to electricity price speculators – report

1 year ago

Hungary’s electricity market has become a focal point for speculative trading, driven by a combination of renewable energy imbalances and…