Estonia and Lithuania announced support for rival candidate Mark Rutte on April 2, while the US also confirmed its backing for the Dutch PM.
Index up to 49.3 points in March as managers become more optimistic based on growth expectations, past investments and product diversification.
Europe is home to more than 400 clean tech manufacturing plants, but the distribution is uneven and a few large countries dominate the business of making equipment needed to produce green energy sources.
After long delays and vetoes by Schengen members, Bulgaria and Romania celebrate partial entry to Europe's border-free Schengen area.
Bulgaria has the EU's lowest labour cost, while Romania still lags well behind Poland and Hungary.
The UN’s World Meteorological Organisation has issued a “red alert” on the climate crisis, citing unprecedented increases in 2023 in greenhouse gases, land and water temperatures and melting of glaciers and sea ice.
The economies of Central and Eastern Europe (CEE), which experienced a period of stagnation last year, are poised for a modest revival in 2024, but both the Russian and Turkish economies are already overheating.
The general government budget deficit rose by 70% y/y to €5.8bn, one-third of the full-year deficit target, in the first two months of 2024.
The annual increase of the stock of bank loans in Romania has eased gradually from 6.4% y/y in December to 5.7% y/y in January and 4.9% y/y in February.
Romania has been catching up with the EU average faster than Hungary, which fell into recession in 2023.
Romania’s outgoing president has challenged Dutch PM Mark Rutte, amid a debate over whether the security alliance needs a leader from Eastern Europe.
Central Europe's largest betting company reportedly valued at up to €2bn.
Officials say they are “very concerned” about fiscal slippage and lack of reform progress.
Slump was deepest for residential construction segment.
Eurostat data shows fall in populations of biggest urban areas in Bulgaria, Croatia and Romania in last five years.
Expansion of Romania’s 57 Mihail Kogalniceanu air base on the Black Sea coast is intended to consolidate Nato’s Eastern Flank.
EU countries have overnight agreed to impose new restrictions on Ukrainian agricultural imports that will cost the cash strapped country €1.7bn and hurt its ability to fight the war against Russia.
EU ambassadors agreed to back a new €5bn Ukraine Assistance Fund on March 13, part of the EU's off-budget European Peace Facility (EPF) that is used to partially reimburse member countries for the weapons they provide to Ukraine.
European nations within Nato are facing a €56bn shortfall in meeting the alliance's defence spending pledge of 2% of GDP this year, the Financial Times reported on March 16.
Under half of Montenegrins now back Nato membership, and only 33% would help another member in case of attack.