Sanctions cannot bring Russia to its knees – MOL CEO
Only 6% of Ukrainian diesel imports come from Hungary, the head of Hungarian energy giant MOL said at a conference on...
Russia
Duda lays out priorities ahead of NATO summit
Polish President Andrzej Duda outlined five key areas for action for NATO on Tuesday, after international consultations in The Hague, The...
CEE leaders react to Russian revolt
An apparent attempted coup d'etat led by the head of a mercenary group in Russia over the weekend set off emergency...
Sberbank leaves Austria, completing EU exit
Russian bank Sberbank announced its complete withdrawal from the European banking market with the sale of its remaining shares in a EU member...
Russia-EU trade hit by invasion – Eurostat
The EU's official statistics office Eurostat details the effects of the bloc's sanctions and trade restrictions regarding Russia in the wake...
Hungary blocks EU’s Ukraine arms package after Kiev sanctions OTP bank
Hungary has vetoed EUR 500mn worth of arms funding from the EU to Ukraine, Italian media first reported on Monday, which...
Falling energy prices hit MOL’s Q1 figures
Sharply falling energy prices are good news for the population and almost all market segments and the population alike, but large...
Poland’s Orlen losing millions over Russian oil ban
Poland's state-controlled oil company, PKN Orlen, is facing significant losses due to the EU banning Russian crude oil. The company is...
Bulgaria election ends in stalemate, but gains for pro-Russian party
Bulgaria's conservatives and liberals were practically neck and neck with votes still being counted after the country's fifth election in two...
Morawiecki suggests ways to fund Ukraine war
Polish Prime Minister Mateusz Morawiecki called on Germany to up its support for Ukraine as Europe continues to search for ways...
Hungary could decouple from Russian gas – report
Hungary could realistically replace Russian gas imports, according to local analysts, who say its dependence is reliant on the will of...
Montenegrin president to face new rival in run-off vote after narrow election victory
Montenegrin President Milo Djukanovic took around one-third of the votes in Sunday's presidential election ballot, well below the majority needed to...
EU imposes new sanctions on Russia
The EU on Saturday released its 10th package of sanctions against Russia targeting 87 individuals and 34 entities to mark the...
Russia cuts oil supply to Poland
Russia has ceased the supply of oil to Poland through the Druzhba pipeline, CEO of Polish oil refiner PKN Orlen Daniel...
Moldova closes airspace, accuses Russia of coup plot
Moldova shut down its airspace for three hours on Tuesday, 14 February, one day after the country’s head of state accused...
Moldovan defence advisor set to become PM
Dorin Recean, a pro-Western defence expert and former interior minister, is expected to become Moldova's new prime minister after receiving Parliament's approval this...
Joint letter says Russian assets should rebuild Ukraine
Leaders from the Baltic nations and Poland have called for the utilization of approximately EUR 300bn worth of assets from the...
EU widens embargo on Russian diesel, oil
The European Union expanded its ban on Russian diesel fuel and refined oil products with immediate effect on Sunday 5 February,...
Hungary bails out steelmaker Dunaferr
Hungarian Prime Minister Viktor Orban met with a working group aiming to save the indebted steel company Dunaferr on Wednesday, 1...
US moves into CEE arms market – CET analysis
Geopolitics is leaving its mark on the arms race in Central and Eastern Europe (CEE). Countries are drifting further away from...