Plan to disburse over EUR 35bn recovery cash to Poland stings MEPs into action
MEPs are planning to protest the transfer of a EUR 35.4bn EU stimulus package to Poland, arguing that the country has...
Croatia set to join the Euro
Croatia has been given the go-ahead to adopt the euro from the start of next year, when it will become twentieth...
Lithuanian FM opens up to The Spectator, as country strengthens security, trade with UK
Lithuania allowing Taiwan to open a ‘Taiwanese Representative Office’ in its capital Vilnius “gave China reason to go all-out against us”,...
Baltic countries see rocketing inflation as Eurozone hits all-time high
Inflation was highest in Estonia amongst the Eurozone countries in May, according to a Eurostat report that estimated 20.1% year-on-year for...
While Slovakia cuts Russian gas, Serbia agrees ‘extremely favourable’ deal with Putin
As Europe attempts a highly complicated manoeuvre to phase out Russian energy, two countries in Central and Eastern Europe (CEE) are...
Renewable energy mid-term answer to soaring inflation – Berlin institute
Fossil fuel prices in Europe have increased notably since the onset of Russia’s invasion of Ukraine, the Mercator Research Institute (MCC)...
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...
OMV to transfer euros to Russia for payments to Gazprom
Austrian energy group OMV announced on Friday that it was opening an account with Russian Gazprombank for ruble conversion. The development came...
EC unveils EUR 300bn plan to decouple from Russian energy within 5 years
The European Commission (EC) adopted a EUR 300bn proposal for the 27-country bloc to be entirely independent of Russian energy by...
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...
Poland set to unlock EUR 36bn in COVID recovery funds frozen over dispute – report
The European Commission (EC) is about to release the EUR 36bn Recovery and Resilience Plan (RRP) funds to Poland that were...
US suggests tariffs on Russian oil, as Hungary blocks EU-wide embargo
The EU failed to agree on its latest sanctions against Russia on Tuesday, as Hungary refused to drop its threat to...
G7 backs Albania, North Macedonia for EU talks, slams Republika Srpska secessionism
G7 ministers expressed their concern about the “deepening political crisis” in Bosnia and Herzegovina (BiH) and support for the commencement of...
Hungary leverages over EU oil sanctions
The EU on Monday failed to make headway on finalising a sixth package of sanctions against Russia in response to its...
Crucial vote next week for EU decarbonisation
MEPs on the environment committee of the European Parliament (ENVI) will vote on a tranche of environmental proposals early next week....
EU may compensate CEE countries for hit from Russian oil embargo
The European Commission (EC) could channel funds to countries in Central and Eastern Europe (CEE) to help reduce their dependence on...
Czechia takes up Russia’s place at UN special session on Ukraine on Thursday
Czechia will participate in the UN Human Rights Council meeting on Thursday 12 May, after being elected as Russia’s replacement in...
NATO ups air presence in CEE airspace
NATO has around 30 surveillance and fighter jets in airspace outside of Ukraine and Belarus at any moment according the defence...
Macron asks China to lift trade embargo on Lithuania
French President Emmanuel Macron told Chinese President Xi that France expects China to reverse the sanctions it has imposed on Lithuania...
TUI pulls CEE flights due to dip in demand
Tour operator TUI Belgium has cancelled scheduled summer flights to Bulgaria and North Macedonia citing falling interest in destinations in Central...