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Bulgaria wavers on pivot back to Russian energy

Bulgaria 3 min

Bulgaria has resumed discussions with Russian state energy company Gazprom regarding the country's natural gas supplies, interim Energy Minister Rossen Hristov...

Europe’s drought worst in 500 years – EC report

Austria Czech Republic Hungary Serbia Ukraine 3 min

Slovakia, Hungary, Romania and Moldova were among the European countries most affected by low rainfall rates in the three months up...

Hungary makes giant bid to buy Vodafone

Hungary 2 min

Vodafone Group has agreed to sell its Hungarian subsidiary to the Hungarian state and government-affiliated systems integrator 4iG for HUF 715bn...

Greenhouse gases remain below pre-COVID levels in Q1 2022

Bulgaria 2 min

EU economy greenhouse gas emissions were up year-on-year in the first quarter of 2022, at 1.029 billion tonnes, but were still...

Estonia becomes latest CEE country to be targeted by Russian hackers Killnet

Baltic countries Czech Republic Estonia Latvia Lithuania Romania 2 min

Estonia has repelled its most severe hacking attack in 15 years, the government announced on Thursday. The hack of the previous day...

Ex Czech PM in crosshairs of French money laundering probe

Czech Republic 2 min

The French prosecutor's office has opened a money laundering investigation into Andrej Babis’s purchase of luxury property in France through a...

Chinese market leader CATL to build EUR 7.6bn battery plant in Hungary

Economy Germany Hungary Poland 4 min

The world’s largest battery maker, China’s Contemporary Amperex Technology (CATL), has agreed to build a three trillion forint (EUR 7.6bn) production...

EU member states split over strictness of visa policy for Russians – CET analysis

Analysis Politics 6 min

After months of deliberation, Estonia banned Russian citizens with tourist visas from entering its territory on Thursday, effective as of next...

Russian oil deliveries to CEE resume after MOL intervention ends week-long stasis

Czech Republic Hungary Slovakia 2 min

Crude oil flows to Hungary, Slovakia and Czechia will recommence after Hungarian energy firm MOL paid the August transit fee for...

Corruption not seen as major issue by majority of firms in Poland, Czechia, Austria- Ipsos poll

Austria Baltic countries Bulgaria Croatia Czech Republic Economy Estonia Hungary Latvia Lithuania Poland Romania Slovakia Slovenia 2 min

Corruption is considered a very serious problem by 59% of business leaders in Romania, the highest percentage in the EU, according...

As CEE energy costs soar, IMF says customers should pick up the bill

Baltic countries Bulgaria Croatia Czech Republic Economy Estonia Hungary Latvia Lithuania Romania Slovakia 4 min

The International Monetary Fund (IMF) has recommended that European governments let consumers bear the brunt of rocketing domestic energy bills, in...

Estonia top CEE country on EU’s digital progress tracker

Estonia 3 min

Estonia is top in Central and Eastern Europe (CEE) and seventh in the EU as a whole in the new European...

Hungary’s ‘race to the bottom’ currency policy comes under fire – CET analysis

Analysis Economy Hungary News by country Poland Romania Slovakia 8 min

Hungary's currency, the forint, has in recent weeks plumbed all-time lows against the euro. Although currencies are dropping across Central and...

Bulgaria appoints interim PM, calls October election

Bulgaria 2 min

Bulgarian voters are set to go to the polls for the fourth time in two years after President Rumen Radev called...

Hungary makes energy crisis plans

Hungary 2 min

The Hungarian government unveiled a number of energy-related measures at the weekend, in response to soaring prices and an impending autumn...

Poland to ink multi-billion military supply deal with South Korea

Poland 2 min

South Korean defence manufacturers will sign contracts worth EUR 7.53bn with Poland before the end of the month, The Korea Economic...

Inflation hits CEE harder than rest of EU

Economy 2 min

The EU annual inflation rate rose from 8.8% to 9.6% in June, the bloc's official statistics agency Eurostat reports. The inflation...

Albania, North Macedonia open talks to join EU

Uncategorized 2 min

North Macedonia and Albania nominally began their EU accession negotiations in Brussels on Tuesday, with detailed discussions slated to begin in...

As Russia turns off the taps, Hungary negotiates deal to get gas transits wholly via southern TurkStream pipeline

Bulgaria Germany Hungary Serbia 2 min

Hungarian Foreign Minister Peter Szijjarto announced Monday that he is in negotiations with Russia’s Gazprom regarding a long-term gas supply deal...

CEE foreign ministers convene for energy, security talks

Austria Czech Republic Hungary Slovakia Slovenia < 1 min

Austrian Foreign Minister Alexander Schallenberg said it is extremely important that the EU provide support to Africa, when he and his...

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