An investigation has been launched after media reports that much as €7.1bn may have been laundered via the bank’s Estonian operations.
Hell Energy has become the second largest soft-drink maker in Hungary after Coca-Cola and is rapidly expanding abroad.
US president appeared to have sided with countries from the EU’s eastern flank on issues like Nord Stream, but he was quick to deliver some worrisome messages as well.
Nine out of 10 companies in the manufacturing sector say a labour shortage could force them to cut output, a problem exacerbated by Hungary's declining demographics.
China wants to set closer economic ties with the European Union after a trade war has erupted between the East Asian powerhouse and the US.
The World Bank Group’s study Doing Business in the European Union 2018 said that the most business-friendly city in Slovakia is the country's third largest city Presov, while the capital Prague is the top spot in Czechia.
The money laundering scandals in Eurozone members Estonia and neighbouring Latvia are an embarrassment for the European Central Bank, which is coming under fire for overlooking problems in the Baltic states.
Billionaire Fidesz cashier turned harsh Orban critic Lajos Simicska is selling his entire business empire, including his media holdings, in a deal that will have enormous political and economic implications.
Cars account for a whopping 60% of Slovakia's exports to the US, and a hike in tariffs on German auto exports would hurt components manufacturers across the CEE region.
Protests erupted in cities across Poland in defence of the Supreme Court's independence, while the European Commission has launched an infringement procedure that could see Warsaw stripped of its voting rights in the EU.
The MNB hopes to sit out the storm without giving in to market expectations of an end to its dovish policies, but bond yields have continued to creep up higher.
Judges of Poland’s Supreme Court were expected to show up to work on July 3, the day on which a highly contested law forcing them to retire is taking effect.
Growth has passed its peak across most countries in Central and Southeast Europe, with the region expected to make a gradual slowdown, research from Vienna-based wiiw finds.
In the context of the current political instability in the bloc, EU leaders decided to do away with the compulsory quota system of relocating refugees and migrants, which has been long opposed by the V4 countries.
Employers across CEE are struggling to find workers with the skills they need, but the problem is worst in popular nearshoring locations Romania and Bulgaria, a ManpowerGroup study finds.
Advent aims to create an independent European leader in generic drugs after completing one of the Czech Republic's largest ever acquisitions.
Warsaw backed down on the controversial law after months of international outrage, especially from Israel and the US.
Czechia finally gets a new government of Babis' Ano in coalition with the CSSD, but the latter has already been criticised for bowing to pressure not to insist on its preferred candidate for foreign minister.
In a first for Central and Eastern Europe, the Czech government supported a cross-party bill on same-sex marriage, but it faces strong opposition from conservatives.
Caretaker PM and Ano leader Andrej Babis' nomination for justice minister, Tatana Mala, drew ire as Mala has been battling both the right-wing opposition and Ano's coalition partner.