Economy

China’s BYD makes Budapest regional HQ

Chinese electric vehicle (EV) manufacturer BYD on 15 May signed an agreement with the Hungarian government to relocate its European…

7 months ago

Bulgaria’s euro debate intensifies as pro-EU opposition pushes January adoption date

Bulgaria’s pro-European opposition has tabled a declaration committing the country to join the Eurozone on 1 January 2026, challenging the…

7 months ago

Hungary pays neighbours to avoid blackouts: lessons from Spain’s recent energy crisis

Hungary currently leads the world for share of solar energy in its energy mix, as it generated a quarter of…

7 months ago

Rama set to retain power in Albania election

Albanian Prime Minister Edi Rama has claimed victory in Albania’s parliamentary election on Sunday, 11 May, after exit polls showed…

7 months ago

Czechia delinks from Russian oil after 60 years

Czechia has halted imports of Russian crude oil delivered via the Druzhba pipelinefor the first time in 60 years, Czech…

7 months ago

Lowest OECD tax burdens in Slovakia, Poland

Workers in Central and Eastern Europe (CEE) enjoy some of the lowest personal income tax rates in Europe, with Slovakia…

7 months ago

Polish bourse WIG index tops 100,000 points in historic first

Poland’s main stock market index, the Warsaw Stock Exchange (WIG), closed above 100,000 points for the first time this week,…

8 months ago

Polish PM declares national strategy to lead CEE, as nation celebrates 1,000th anniversary

Poland has launched a new national doctrine aimed at establishing the country as the dominant military and economic power in…

8 months ago

Prague expands airport, revamps tram service

Prague has launched two major transport infrastructure projects, expanding Vaclav Havel Airport and introducing a new generation of trams to…

8 months ago

Poland tops employment rankings – OECD report

The EU’s employment rate reached a record high of 70.9% in the fourth quarter of 2024, according to the Organisation…

8 months ago