Electric cars overtake diesel in Romania

3 years ago

Electric and hybrid cars are gaining ground in Romania, as the segment represented over 20% of all new cars sold…

Polish auto industry posts record numbers

3 years ago

The Polish automotive industry grew by over 21.5% last year to hit an all-time high of EUR 39.7bn, Gazeta Wyborcza…

Hungary blocks EU’s Ukraine arms package after Kiev sanctions OTP bank

3 years ago

Hungary has vetoed EUR 500mn worth of arms funding from the EU to Ukraine, Italian media first reported on Monday,…

Economist becomes Slovakia’s first Hungarian-minority PM

3 years ago

Former Slovak Central Bank (NBS) deputy governor Ludovit Odor was sworn in as the country’s interim prime minister this week.…

Romania loosens surplus tax on OMV Petrom

3 years ago

Romanian President Klaus Iohannis promulgated the revised law that lays down a "solidarity contribution" from the “excessive profits” of energy…

Falling energy prices hit MOL’s Q1 figures

3 years ago

Sharply falling energy prices are good news for the population and almost all market segments and the population alike, but…

Czech govt unveils austerity package

3 years ago

The Czech government announced "Czechia in Shape", a new tax package to reduce the state budget deficit on Thursday 11…

Poland’s Orlen losing millions over Russian oil ban

3 years ago

Poland's state-controlled oil company, PKN Orlen, is facing significant losses due to the EU banning Russian crude oil. The company…

EUR 1bn earmarked for Ukraine as EU raises ‘peace facility’ funding limit

3 years ago

The Council of the European Union will send another EUR 1bn in support for ammunition and missiles for Ukraine as…

Hungary gov’t reacts to shrinking retail sector with compulsory price cuts

3 years ago

The purchasing power of salaries in Hungary is falling due to record-high inflation, local business outlet Portfolio reported, citing the…