Two major bids have been lodged for US Steel Kosice, one of Slovakia’s biggest employers and the focus of government anger over what it sees as a lack of responsibility from foreign investors, local media reported on December 5.
Central European factories remain on an uncertain footing, purchasing manager indices suggest, despite further signs of recovery in the Eurozone.
If those on public works schemes were considered as unemployed, the country’s jobless rate would be the highest among the Visegrad countries, rather than the lowest.
Pushed by the coalition-leading Social Democrat Party, the law targets billionaire Finance Minister Andrej Babis – a likely PM after elections next year – over his numerous conflicts of interest.
Spending in areas with longer term payoffs are particularly crucial in CEE, where innovation and productivity are low.
But foreign investors remain more worried by discrimination, erratic policymaking and skill shortages.
Enterprise Investors exits Romanian supermarket chain for €533mn after successful expansion programme targeting rural areas.
The Polish government has pushed a bill to lower the retirement age through parliament. The move poses risks for the budget and the economy.
Centre Party able to capitalise on coalition deadlock after it refreshes its leadership.
Slovak officials claimed on November 18 that its ‘effective solidarity’ proposal has been met with interest. That appears at odds with anger expressed by other member states.
The performance of Central European and Baltic countries to stem corruption in the political system continues to be middling to poor, Transparency International’s (TI) Global Corruption Barometer suggested on November 16.
President Dalia Grybauskaite officially asked the Peasant and Green Party to form a new Lithuanian government on November 15.
The conservative Peasants and Green Union, surprise winner of the Lithuanian election in October, agreed on a coalition with the Social Democrat Party, the outgoing coalition leader.
The Baltic states presented a calm front in reaction to the shock victory of Donald Trump in the US presidential election.
The vote opens the way for the Centre Party, which represents Estonia’s large Russian minority, to take over after more than a decade of Reform Party rule.
The Hungarian parliament rejects the proposed constitutional amendment against EU migrant quotas as Jobbik votes with left.
Five of the six parties in the Estonian parliament handed Prime Minister Taavi Roivas an ultimatum on November 8, calling on him to step down or be humiliated in a no-confidence vote the following day.
A Polish-Hungarian insurance and energy consortium is amongst a list of six suitors to have submitted preliminary bids for SABMiller’s Central and Eastern European beer brands.
Stores in Hungary, Poland and Romania to shut as UK-based retailer reports fall in profits.
Estonia's three-party rainbow coalition found itself on the verge of collapse late on November 7. The sudden breakdown appears to offer the ethnic Russian Centre Party a route into power.
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