Eastern EU members are growing much faster than the eurozone, but must focus more on innovation for a full catchup.
PM Marcel Ciolacu wants Mugur Isarescu to continue in post he has held since 1990 to ensure monetary stability.
Apathy and lack of trust in national institutions, combined with ‘convergence fatigue’, have created favourable conditions for populist forces that have degraded the quality of institutions in many of the CEE states that joined the EU in 2004.
By 2022, Romania had brought its greenhouse gas emissions down by 56% compared to 1990, above the 55% target set by the EU.
As the climate crisis accelerates, banks are facing increasing financial risks and have begun to try to assess their exposure to the trillions of dollars of damage extreme weather will do every year.
Belgian retail group to hire 250 experts to develop applications for all the group’s brands across Europe.
Germany’s slow recovery is dampening growth prospects for Central and Southeast European economies.
ANPC reportedly suspects violations of legislation on product safety and consumer protection through tactics such as inauthentic discounts, aggressive practices, pressure selling and gamification.
Both Premier Energy and JT Grup Oil have announced listing plans in recent days after hydropower giant gave boost to the market with 2023 IPO.
IPO announcement comes after Premier Energy announced a similar step earlier in April.
Swisspod Technologies, co-founded by Romanian Denis Tudor, is developing a fully-electric capsule that travels at near-sonic speeds.
Bucharest Stock Exchange becomes increasingly attractive for investors after last year's Hidroelectrica IPO.
PwC and CEE Digital Coalition believe the Central and Eastern Europe region has the potential to create the EU’s Silicon Valley.
Romania’s automobile production increased by 7% y/y to more than 150,000 units in Q1.
First European magnesium mining project in a decade will ease continent's reliance on imports from China.
After spiking to 20-year highs thanks to the pandemic and Europe’s Russian induced energy crisis, inflation rates across the EU have tumbled in recent months. That trend has ended and CEE central banks are expected to hike rates again in 2H24.
While digital infrastructure in the region is growing, support infrastructure designed to handle the growth in demand is what requires investment.
Methane emissions are 80 times more damaging than carbon dioxide. Rather than falling, they are currently at an all-time high and rising. The IEA says they need to fall by 75% by 2030 if the Paris Accord targets are going to be met.
The EU is preparing a new fourteenth package of sanctions that is slated for adoption in the coming months, but is unlikely to introduce any new products and will focus mostly on enforcing the existing thirteen rounds of sanctions.
US Treasury Secretary Janet Yellen, while visiting China, said she will not rule out more tariffs on China’s green exports such as solar products and electric vehicles.