Lithuanian PM defends decision to permit Russian transits to Kalingrad
Lithuanian Prime Minister Ingrida Simonyte reacted to criticism on Thursday over her country’s acceptance of the transport of civilian-use goods from...
Hungary declares energy emergency
The Hungarian government declared a state of emergency and ditched its flagship policy of subsidising domestic utility bills on Wednesday, as...
Croatia to adopt euro next year, as Balkan country clears final hurdles
The EU formally approved on Tuesday Croatia joining the Eurozone on New Year's Day 2023, and proclaimed the development as the...
Hungary falls out with EU, US over its opposition to minimum global tax rate
The Hungarian government said on Monday that it will pass a parliamentary resolution condemning EU criticism of its refusal to participate...
Bruising week for CEE currencies ends with slight rises for zloty, forint, Czech crown
The Czech, Polish and Hungarian currencies all weakened against the major global currencies this week, as recession fears intensified globally, impacting...
Albania may be sitting on huge oil, gas reserves, PM reveals
Albania may be about to announce the findings of exploratory fossil fuel drillings of such a magnitude that they will change...
Croatia to get less Covid recovery funding after economic rebound in 2021
The European Commission (EC) will cut Croatia’s maximum share of the EU's Recovery and Resilience Facility (RRF) stimulus programme by around...
Hungary leads EU for solar electricity generation
Hungary had the highest proportion of solar technology in its electricity production in the EU last year, according to the Hungarian...
Inflation soars in the Baltics
Surging energy prices pushed prices up across the EU in June, but the three Baltic countries have been hardest hit, according...
Bulgaria coalition on brink after just six months
Bulgarian Prime Minister Kiril Petkov is trying to save his administration by persuading seven MPs to support his coalition in the...
Austria tries to get Serbia back on EU track
Austria’s foreign and European affairs minister said he expects the countries in the Western Balkans (WB) to join the EU, after...
CEE urges more time for EU projects
Inflation is endangering EU-funded infrastructure constructions across Central and Eastern Europe (CEE), and affected countries say the European Commission (EC) is...
Polish ‘train levitation’ firm among six CEE startups to secure EU innovation funding
The European Innovation Council (EIC) will award grants or equity investments of up to EUR 17.5mn to six “high potential” startups...
Plan to disburse over EUR 35bn recovery cash to Poland stings MEPs into action
MEPs are planning to protest the transfer of a EUR 35.4bn EU stimulus package to Poland, arguing that the country has...
Croatia set to join the Euro
Croatia has been given the go-ahead to adopt the euro from the start of next year, when it will become twentieth...
Croatia agrees to expand oil capacity to CEE
Croatia is ready to enlarge the capacity of the Adria oil pipeline as part of a long-term energy cooperation agreement to...
Lithuanian FM opens up to The Spectator, as country strengthens security, trade with UK
Lithuania allowing Taiwan to open a ‘Taiwanese Representative Office’ in its capital Vilnius “gave China reason to go all-out against us”,...
Baltic countries see rocketing inflation as Eurozone hits all-time high
Inflation was highest in Estonia amongst the Eurozone countries in May, according to a Eurostat report that estimated 20.1% year-on-year for...
While Slovakia cuts Russian gas, Serbia agrees ‘extremely favourable’ deal with Putin
As Europe attempts a highly complicated manoeuvre to phase out Russian energy, two countries in Central and Eastern Europe (CEE) are...
Hungary to levy windfall taxes on banking, energy, telcos, airlines, retail, pharma, ads
Hungarian Prime Minister Viktor Orban announced that banks, insurance companies, retail chains, energy firms, telcos and airlines in Hungary will have...