Growth in CEE to slow to 3.5% – World Bank
The war in Ukraine is set to inflict twice the amount of economic damage that the COVID-19 pandemic did, the World...
Hungarian gov’t-friendly firm buys Sberbank share in Croatia’s Fortenova
Russia's Sberbank has sold its 43% stake in Fortenova to Hungarian-US investment fund Indotek Group, Croatian daily Jutarnji List reported. The...
EU bans Russian ships from Europe’s ports
The EU banned Russian seafaring vessels from entering European ports, as it approved its fifth tranche of sanctions against Russia on...
Orban won by a landslide, but Hungary’s economy is sliding too
The Hungarian Ministry of Finance took the unusual step of issuing a public statement aimed at international investors on Friday. After...
Russian firms flock to Serbia post-invasion
Nearly 300 Russian companies and nationals have been registered in Serbia since Russia launched its invasion of Ukraine on 24 February,...
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 told...
Hungary’s Tungsram needs gov’t bailout
The chairman-CEO of one of Hungary’s oldest and best known companies, historic light bulb maker Tungsram, appealed to the government for...
Deutsche Bank CEO opposes Germany decoupling from Russian energy
Deutsche Bank CEO Christian Sewin said on Monday that a significant recession in Germany would be "almost inevitable” if imports of...
Poland, Baltics to close off roads to Russia, Belarus, Ukraine deputy minister claims
Ukraine Infrastructure Minister Oleksandr Kubrakov has asked Poland and the Baltic states to close their road links to Russia and Belarus....
Orbán wins big in Hungarian election
Hungarian Prime Minister Viktor Orbán secured his fourth consecutive term with a landslide victory in Hungary's national elections on Sunday. Orbán’s...
Austria delays mandatory vaccine scheme
Austria will delay its controversial mandatory vaccination programme by two months until April for technical reasons, electronic health record office ELGA...
Novak to be Hungary’s first female head of state
Hungarian Family Minister Katalin Novak accepted ruling Fidesz’s nomination for her to become president of Hungary on Tuesday. Novak, 44, tweeted...
EU approves fifth anti-COVID vaccine
The European Commission (EC) granted conditional marketing authorisation (CMA) for the Nuvaxovid jab on Monday after it was greenlit by the...
Bulgaria tops EU’s agro-efficiency index
Bulgaria had a 32.9% increase in agricultural labour productivity (ALP) in 2021, the highest rise registered in Europe, according to new...
Chinese cash abounds in Balkans – report
The Balkans region of south-east Europe has attracted at least 135 China-linked projects worth at least EUR 32 billion in the...
‘Harvard Boys’ promise new Bulgarian era
“I am convinced that Bulgaria will be a totally different place four years from now,” Kiril Petkov pledged on Monday, when...
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, the...
North Macedonia set for new PM once Zaev holds talks with incoming Bulgarian gov’t
Dimitar Kovachevski is set to become North Macedonia’s next prime minister after the ruling SDSM party voted him as its new...
Macron highlights CEE media, migration and rule of law in pre-EU presidency speech
Eastern Europe will be high on the agenda during France's six-month EU rotating presidency tenure which will commence in under three...
Czech president stalls naming of foreign minister
Czechia's Pirate Party candidate for foreign minister Jan Lipavsky met President Milos Zeman, who reportedly opposes his appointment, on Tuesday ahead...