Estonian minister says flexible energy trades could ease soaring prices

4 years ago

Loosening the EU's Emissions Trading System (ETS) would lessen the currently dramatic rises in energy prices, Estonia's Economy and Infrastructure…

Italy uses ‘golden power’ to block another strategic asset sale to foreign interests

4 years ago

Italy has blocked the purchase of global seed producer Verisem by a Chinese-owned group. As part of Prime Minister Mario…

Ex-Croatia PM, MOL chief get jail terms for INA bribery case

4 years ago

Croatia's Supreme Court sentenced MOL chairman-CEO Zsolt Hernadi and the country's former prime minister Ivo Sanader to prison sentences for…

Tax regime of ‘e-Estonia’ OECD’s most competitive for eighth year running

4 years ago

The three Baltic states - Estonia, Latvia and Lithuania - are all highly competitive in terms of taxes, according to the latest International…

Nine member states say no to EU energy market reform

4 years ago

The governments of nine EU member states, among them Germany, have signed a joint statement that they cannot back any…

Hungary’s first fully electric car rolls off the line in Kecskemét

4 years ago

Daimler AG has begun production of a purely electric model, the Mercedes-Benz EQB, at its Mercedes plant in Kecskemét, Hungary.…

Hungary closes in on Budapest airport takeover

4 years ago

After years of circling Hungary's main airport, Prime Minister Viktor Orban finally declared the state’s intention to purchase Budapest Liszt…

Four-star general nominated to head Romania’s government

4 years ago

Romanian president Klaus Iohannis has designated his country's interim defence minister, Nicolae Ciuca, as prime minister to form Romania's new…

Regional economies are recovering – Vienna Institute

4 years ago

A leading think-tank has upped its growth forecast for Central, East and Southeast European economies this year to 5.4%, up…

OTP Bank, Hungary government team up for ‘supercomputer’ project

4 years ago

Hungary's Ministry of Innovation and Technology and Hungary's largest commercial bank OTP will collaborate to create Europe’s largest supercomputer, minister…

Latvia reimposes lockdown as COVID rips through Baltics and Balkans

4 years ago

Latvia has announced a month-long COVID lockdown after a surge in infections and hospitalisations, becoming the first EU country to…

East-West-divide defines EU summit agenda

4 years ago

The East-West divide will be conspicuous on the agenda when EU heads of state and government gather at the bloc's…

Albania, North Macedonia on track for EU accession talks – EC report

4 years ago

Albania and North Macedonia are on the march towards EU accession talks, according to the latest annual European Commission (EC)…

Czech startup raises over USD 100m in record “Series A” venture capital round

4 years ago

Czech start-up Rossum will receive USD 100 million in venture capital from a consortium - including General Catalyst, one of the…

Czech legislators plan power transfer, as Zeman unable to perform presidential duties

4 years ago

Czech President Milos Zeman - who was hospitalised on 10 October, the morning after the general election - remains incapable…

Russia cuts diplomatic relations with NATO

4 years ago

Russia has announced that it will suspend its NATO mission in Brussels after the western military alliance expelled eight employees…

There is little alternative to Russian gas for Eastern Europe – Hungary signs 10+5-year deal

4 years ago

Russian state-owned Gazprom and Hungarian energy group MVM signed a ten-year gas-supply agreement at the end of August. Under the deal,…

Czech government could sink millions into ‘Three Seas’ waterway project

4 years ago

After years of non-engagement, the outgoing Czech Prime Minister Andrej Babis appears to have discovered a new-found enthusiasm for the…

V4 vie to attract VW battery plant

4 years ago

Volkswagen will decide on the location of a new battery cell plant in Central and Eastern Europe in the first…

Mayor Peter Marki-Zay wins primary vote to run against PM Orban in spring 2022

4 years ago

Peter Marki-Zay, the 49-year-old conservative mayor of Hodmezovasarhely, south Hungary, was announced as the winner of the Hungarian opposition primaries…