ECB maintains zero interest rate, hike on the agenda later in 2022

4 years ago

“The war in Ukraine is severely affecting the euro area economy and has significantly increased uncertainty,” Christine Lagarde, President of…

EU states see green goals, Russian energy cuts as win-win

4 years ago

A coalition of 11 European Union states led by Denmark wants to accelerate the continent’s green transformation, in order to…

Czech EU Council presidency aims to clarify Brussels’ relations with Beijing

4 years ago

Czechia’s Foreign Minister Jan Lipavsky says one of his country’s goals when it heads the EU Council is to clarify…

Romania unveils massive support scheme for firms, families

4 years ago

Romania is rolling out a EUR 3.4 billion part-EU-funded assistance package to help struggling companies and families amid the economic…

Growth in CEE to slow to 3.5% – World Bank

4 years ago

The war in Ukraine is set to inflict twice the amount of economic damage that the COVID-19 pandemic did, the…

Hungarian gov’t-friendly firm buys Sberbank share in Croatia’s Fortenova

4 years ago

Russia's Sberbank has sold its 43% stake in Fortenova to Hungarian-US investment fund Indotek Group, Croatian daily Jutarnji List reported.…

NATO plans to bolster defences in east, says Sec-Gen Stoltenberg

4 years ago

NATO leaders will formulate plans to bolster its eastern flank across Central and Eastern Europe at a summit in Madrid…

Hundreds of Russian envoys expelled from EU

4 years ago

Over two hundred Russian diplomats have been sent home from countries in Europe this week, in response to scenes of…

EU bans Russian ships from Europe’s ports

4 years ago

The EU banned Russian seafaring vessels from entering European ports, as it approved its fifth tranche of sanctions against Russia…

Orban won by a landslide, but Hungary’s economy is sliding too

4 years ago

The Hungarian Ministry of Finance took the unusual step of issuing a public statement aimed at international investors on Friday.…