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...
OTP snaps up Slovene bank, plans merger to create market leader
OTP Bank has been cleared by Slovenian Competition Protection Agency (AVK) to acquire Nova Kreditna Banka Maribor (NKBM), Slovenia's second largest...
Estonia tops TI’s Corruption Perceptions Index in CEE, Hungary bottom
So often the exemplar in Central and Eastern Europe (CEE), Estonia has been named the region’s most transparent country in the...
Pavel calls for unity after landslide in Czech presidential elections
Retired General Petr Pavel, a former senior NATO commander, won the Czech presidency in a record-breaking victory over former prime minister...
Credit rating agencies Fitch, S&P, demote Hungary
Standard & Poor’s (S&P) downgraded Hungary's credit rating by one step to the lowest investment grade of BBB- on Friday, partly...
EC approves huge stimulus package for West Balkan renewable energy, competitiveness, digital
The European Commission (EC) on Wednesday endorsed a package of 24 guarantee programmes worth EUR 2.4bn to support investments in the...
CEE countries ask EU to fund Azeri gas pipelines
Romania, Bulgaria, Hungary and Slovakia have jointly requested EU funding to develop the necessary infrastructure to support increased gas supplies from...
Bulgaria faces fifth election in two years, as pro-Kremlin Socialists fail to form gov’t
Bulgaria is preparing for a new general election in the spring, following the failure of the country's Socialist Party to form...
CEE plans thousands of miles of high-speed rail
Railway infrastructure managers from Czechia, Poland and the Baltics signed a memorandum of understanding (MOU) in connection with building almost 2,800...
Estonia top for digital banking usage in 2022, while Romania lags – Eurostat report
More people in Estonia use online banking services than anywhere else in Central and Eastern Europe (CEE), according to a new...