Central Europe / Features

Czech government remains colour blind on green issues

Robert Anderson in Prague, and Albin Sybera August 11, 2022

This could prevent it from tackling some of the country’s biggest problems, such as its dependency on Russian energy, soaring energy bills, worsening environmental problems, and its stuttering economic model.

Poland ups the ante in feud with Brussels over judiciary reforms

Wojciech Kosc in Warsaw August 11, 2022

If Kaczynski and other PiS figures are to be believed, Poland no longer wants to meet the EU's milestones and will engage in direct opposition to the Commission.

DATACRUNCH: Stagflation visualisation

Ben Aris in Berlin July 18, 2022

Stagflation is here. The world is facing a global recession that could go on for several years as central banks everywhere will be forced to put through growth-crushing large rate hikes to control runaway inflation. But just how bad is it now?

FDI in CEE: It’s about Russia, inflation and populism

Wojciech Kosc in Warsaw July 18, 2022

After February 24, when the first Russian tanks rolled into Ukraine, looking at a map of Europe is no longer what it used to be.

Tougher times ahead for Emerging Europe

Clare Nuttall in Glasgow July 7, 2022

With no end to the Ukraine war in sight, spiralling inflation is set to drag down growth across Emerging Europe in the second half of 2022 and into 2023, wiiw’s latest forecasts say.

US and Chinese slowdown will tip the world into recession, says IIF

bne IntelliNews July 2, 2022

The worsening economic data coming out of the US and yet another coronavirus lockdown in China will tip the world into a global recession, the Institute of International Finance (IIF) said in a note on July 1.

Stagflation fears continue to rise

bne IntelliNews July 1, 2022

Global inflation refuses to be tamed and with price increases in the US hitting 8.6% in May, its highest level in 40 years, the Fed is expected to continue tightening monetary policy by hiking rates that will suck liquidity out of emerging markets.

Lithuania braces for Russian retaliation over Kaliningrad sanctions

Linas Jegelevicius in Vilnius June 23, 2022

Moscow regards the ban on the transport of certain goods – notably steel and ferrous metal products – between parts of its territory as a violation of a 2002 agreement with the EU.

CEE inflation spreading across whole region, set to last for years

Ben Aris in Berlin June 22, 2022

Inflation is being driven up by the food crisis and disrupted supply chains, first during the pandemic and now due to the war in Ukraine, leading to fears of stagflation for the whole world.

Polish banks go from resilience to vulnerability

Wojciech Kosc in Warsaw June 21, 2022

Mounting economic woes and government interventions have pushed the banking stock index down more than 36% in the year to date.

World hit by interest rate and inflation shock says IIF

Ben Aris in Berlin June 20, 2022

The world’s economy is being hit by an inflation and interest rate shock that shows no sign of abating, Institute of International Finance (IIF) said in a recent paper.

Global red warning lights are flashing as stagflation looms

Ben Aris in Berlin June 9, 2022

The conflict in Ukraine and high inflation threaten the global economy with stagflation similar to that experienced in the 1970s, according to a new World Bank forecast.

INTERVIEW: Estonia’s President Alar Karis

Linas Jegelevicius in Vilnius June 7, 2022

"In a sense, we, the Western states, failed – so many heads of Western states went to Russia, yet we did not manage to avoid the war."

Poland’s post-Gazprom strategy hinges on Baltic Pipe

Wojciech Kosc in Warsaw June 7, 2022

The new pipeline will link the gas-rich fields of the Norwegian Continental Shelf to Poland via Denmark, and enable the country to replace roughly the equivalent of Gazprom’s supplies.

CONFERENCE CALL: Globsec basks in Putin's humiliation

Robert Anderson in Prague June 6, 2022

In contrast to previous conferences of the Bratislava-based security think-tank, there was a feeling that the West is no longer on the back foot and that now is the time to press home its advantage.

War and soaring prices take toll on Southeast Europe's listed companies

Clare Nuttall in Glasgow June 4, 2022

Even companies without operations in Russia or Ukraine are affected by the supply chain disruptions and hikes in food and energy prices.

Ukrainian refugees in Poland to lift economy but will not cure demographic woes

Wojciech Kosc in Warsaw May 30, 2022

Poland has long struggled with a huge undersupply of labour, but while the influx of 1.5mn Ukrainians will meet the needs of sectors, the impact will be uneven.

Poland expected to avoid hard landing

Wojciech Kosc in Warsaw May 23, 2022

Rampant inflation has already eaten into household incomes, while more expensive credit will tighten wallets. The question is how deep the slowdown will be.

Nordic Nato accession set to reinforce Baltic states' security

Linas Jegelevicius in Vilnius May 16, 2022

The accession of Finland and Sweden to Nato will transform the picture in the Baltic region but more military deployments are still needed, argue Baltic experts.