Central Europe / News

Rail Baltica project still mired in confusion as forecast budget balloons to over €15bn

Linas Jegelevicius in Vilnius May 22, 2024

EU insists Baltic states should focus on main route but issue of what is essential to project remains a topic of debate.

Russia reportedly aims to unilaterally redraw sea borders with Lithuania and Finland

Linas Jegelevicius in Vilnius May 22, 2024

Lithuanian foreign ministry says that Russia’s actions are a deliberate, targeted, escalatory provocation to intimidate neighbouring countries.

Poland brings back controversial commission to probe Russian and Belarusian influence

Wojciech Kosc in Warsaw May 22, 2024

Poland has recently detained nine individuals for allegedly carrying out sabotage operations directed by Russian intelligence.

Hungarian central bank close to ending easing cycle after 50bp cut in base rate to 7.25%

bne IntelliNews May 22, 2024

The Monetary Council of the National Bank (MNB) reduced the base rate by 50bp to 7.25% at its monthly rate-setting meeting on May 21, in line with forecasts and level with the rate cut a month earlier.

Star Czech footballer signs his side’s jersey bearing antisemitic chant

Albin Sybera May 21, 2024

The scandal has once again exposed the depth of racism among Czech hardcore fans, as well as the lax attitude to this among the Czech football authorities.

Slovak prime minister's condition no longer considered life-threatening

Albin Sybera May 20, 2024

Interior minister says that investigators are now working on a theory that the assailant was not alone.

Tusk plans to spend €2.35bn on fortifications along Poland's borders with Belarus and Russia

Wojciech Kosc in Warsaw May 20, 2024

Poland already spends close to 4% of its GDP on defence, making it Nato’s top spender.

Central Europe nudges Ukrainian refugees to return home

bne IntelliNews May 20, 2024

Both Czechia and Poland have so far resisted Kyiv’s call to send military-age male refugees home.

Slovak premier Robert Fico in 'life-threatening' condition after assassination attempt

Albin Sybera May 15, 2024

Fico’s condition has been described by local media as “life-threatening" after he was shot several times with a pistol.

#BREAKING: Slovak Prime Minister Fico shot, in a life-threatening condition in hospital

bne IntelliNews May 15, 2024

Slovak Prime Minister Robert Fico has been shot and wounded, leaving him in a life-threatening condition.

University of Ljubljana students occupy faculty in protest against military operations in Gaza

Albin Sybera in Ljubliana May 13, 2024

Students at the University of Ljubljana have occupied the main lecture hall at the Faculty of Social Sciences in protest over Israeli military operations against Hamas militants in the Gaza Strip.

Nauseda and Simonyte re-run 2019 Lithuanian presidential election runoff

`Linas Jegelevicius in Vilnius May 13, 2024

Nauseda received just over 44 per cent of the votes in the first round of voting on May 12, and Simonyte garnered almost 20 per cent.

​Hungarian government hails Xi’s visit as of historic importance

Tamas Csonka in Budapest May 13, 2024

China and Hungary elevated ties to a comprehensive "all-weather" strategic partnership.

Czech government slams Liberty Steel for missed social payments and unrealistic promises

Albin Sybera May 10, 2024

Government says Liberty owner Sanjeev Gupta's restructuring plans are not realistic.

China and Hungary sign 18 agreements during last leg of Xi's European tour

bne IntelliNews May 10, 2024

Chinese President Xi Jinping said mutual political trust provided a "firm foundation" for strengthening Chinese-Hungarian ties in a joint press conference with his host, Hungarian Prime Minister Viktor Orban on May 9.

Premier Energy seeks to raise over €135mn with Bucharest IPO

Iulian Ernst in Bucharest May 8, 2024

Power and gas utility group Premier Energy's IPO kicks off on May 8, raising funds for its expansion into renewables in Romania and Moldova.

Polish judge shows up in Minsk asking for political asylum

Wojciech Kosc in Warsaw May 7, 2024

Judge Tomasz Szmydt says he is protesting against the actions of the Polish authorities that could potentially lead to military conflict with Belarus and Russia.

Von der Leyen says EU will close rule-of-law dispute with Poland

Wojciech Kosc in Warsaw May 7, 2024

The Commission will present an analysis of the state of the rule of law in Poland at a General Affairs Council meeting on May 21.

OTP reportedly makes bid to buy Tallinn-based Luminor Bank

Tamas Csonka in Budapest May 3, 2024

Luminor is the third-largest bank in the Baltic states and is reportedly valued at more than €2bn.

Czech central bank lowers interest rate to 5.25%

Albin Sybera May 3, 2024

CNB also improves its economic outlook for this year to 1.4% growth, up from the 0.4% growth it predicted in February.

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