Czechia upped to stable rating, after delinking from Russian gas

2 years ago

US rating agency Moody's Investors Service has increased its outlook for Czechia from negative to stable, meaning a rating deterioration…

Pfizer sues Poland over vaccine deal

2 years ago

US pharmaceutical firm Pfizer has initiated legal proceedings against the Polish government, asserting that it failed to fulfil payment obligations…

Bulgaria last in EU for recycling computers

2 years ago

Bulgaria placed bottom in the EU for recycling disused ICT devices, in a survey conducted in 2022 by EU official…

Hungary may receive billion euros from EU

2 years ago

The European Commission (EC) proposed a shortcut for Hungary to nearly EUR 1bn from its revised national recovery plan on…

Bosnian leader hopeful on EU step by year end

2 years ago

Bosnia and Herzegovina (BiH) intends to fulfil the conditions set by the European Commission (EC) to open accession negotiations before…

‘No new taxes’ as Romania cracks down on evasion

2 years ago

Romania will not levy new taxes next year, Romanian Prime Minister Marcel Ciolacu pledged on Thursday 16 November, with parliamentary…

CEE inflation eases, but V4 still EU outliers

2 years ago

Hungary remained the EU's most inflationary economy with an annual rate of 9.6% in October, an EU statistics office Eurostat report released…

Shake up at strategic Hungary telco 4iG

2 years ago

Hungarian operator 4iG Group revealed a plan to streamline operations and bring in external investors to raise the overall value…

Poland faces ‘IT crisis’ from abroad

2 years ago

The number of ICT industry offers decreased by as much as 43% in the first half of 2023, according to…

MOL to start lithium mining in Hungary

2 years ago

Confirming the preliminary expectations, Hungarian energy giant MOL announced in the summer that it will start mining lithium, local business…

Auto sector slides down large company list – Coface CEE Top 500 study

2 years ago

Automotive and Transport has dropped to third place amongst large companies in CEE, as business sectors of Central and Eastern…

Taiwan FM tours Baltics to deepen ties, despite opposition from China

2 years ago

Taiwanese Foreign Minister Joseph Wu visited Estonia, Lithuania and Latvia from November 6-12, deepening bilateral ties in the Baltics and…

Lithuanian gov’t unveils five-year plan to cement status as fintech leader

2 years ago

Ranked number four in the Global Fintech Index Ranking - and with more than 260 fintech companies and 7,000 professionals…

Moment of truth for Orban – ING’s report on Poland, Czechia, Romania, Hungary

2 years ago

Central and Eastern Europe (CEE) is becoming increasingly diversified, ING Bank writes in a new report on Poland, Czechia, Romania…

VW suspends plan for EV gigafactory in CEE

2 years ago

Volkswagen is putting its plans to construct a new electric vehicle (EV) "gigafactory" in Central and Eastern Europe (CEE) on…

Hungary MOU with Huawei angers US

2 years ago

A memorandum of understanding (MOU) signing between Hungary's 4iG and China’s Huawei, both controversial companies close to their respective governments,…

Von der Leyen vows to double WB economies in decade

2 years ago

The EU will finance Western Balkans (WB) integration reforms to the tune of EUR 6bn, European Commission President Ursula von…

Japanese firm launches CEE’s first sodium-sulfur battery storage system

2 years ago

The groundbreaking 500 kW NAS battery-based energy storage system (ESS) has been successfully put into operation at windows, doors and…

ECB steadies borrowing costs after year of hikes

2 years ago

The European Central Bank (ECB) left interest rates unchanged this week for the first time in over a year. Thursday…

Slovak PM cancels military aid to Ukraine

2 years ago

Incoming Slovak Prime Minister Robert Fico did not waste time to state his positions on the war in Ukraine when…