Hungary and Poland reaffirm united stance on veto, keeping up pressure on EU

Tamas Szilagyi in Budapest November 27, 2020

Right-wing leaders of Hungary and Poland met in the Hungarian capital to coordinate their strategy after they blocked the EU's €1.8 trillion budget and coronavirus recovery package.

Von der Leyen tells Poland and Hungary to contest rule of law link to EU money in court

Wojciech Kosc in Warsaw November 26, 2020

Warsaw and Budapest are blocking the adoption of the EU’s €1.8 trillion budget for 2021-2027, including the €750bn recovery plan to reinvigorate the bloc’s economy after the coronavirus (COVID-19) pandemic.

Poland announces new strategy to contain COVID-19

Wojciech Kosc in Warsaw November 24, 2020

“100 days of solidarity” plan assumes retail will reopen under a strict sanitary regime ahead of Christmas, but government urges Poles to avoid holiday travel.

Polish retail sales contract in October as COVID-19 restrictions and social gloom hit

bne IntelliNews November 23, 2020

Shops saw fewer customers in October, as restrictions limited people’s mobility and the general context of a surging pandemic weakened customer confidence.

Czech companies dominate this year’s Deloitte Technology Fast 50 CE

bne IntelliNews November 19, 2020

A record 21 Czech companies made it into the ranking of the region’s fastest growing tech businesses.

Attack of the Debt Tsunami: global debt soars to a new all-time high

Ben Aris n Berlin November 19, 2020

The coronacrisis has sent already record-high levels of global debt soaring to giddying new levels, reports the Institute of International Finance (IIF) in a note released on November 18.

Poland and Hungary block EU budget over rule of law link

Wojciech Kosc in Warsaw November 16, 2020

The unanimity required during the process gives Poland and Hungary some leverage in negotiations but is also risky in case Brussels finds a way of circumventing the defiant duo.

Polish economy rebounds in Q3 but recovery unlikely to hold firm

bne IntelliNews November 16, 2020

Polish GDP fell a seasonally adjusted 2% y/y in the third quarter after retreating 7.9% y/y in April-June, a flash estimate released by the Central Statistical Office (GUS) showed.

Poland threatens to veto EU budget if funding is made conditional on rule of law

Wojciech Kosc in Warsaw November 13, 2020

Poland is one of the biggest beneficiaries of EU funding, but has long been at loggerheads with Brussels, mainly over changes in the country’s judiciary branch, seen as an attempt to subjugate courts to the government.

Nationalists clash with police, vandalise Warsaw on Poland’s Independence Day

Wojciech Kosc in Warsaw November 12, 2020

The annual Independence March has gained notoriety in recent years having become the flagship event of Polish far-right groups, sidelining other attempts at joyous and peaceful celebrations of Poland’s rebirth as a state.

The state is back in business

Clare Nuttall in Glasgow November 11, 2020

This year’s public health crisis has accelerated calls for an increased role of the state in the economy, shows a new report from the EBRD.

COVID-19 makes Polish far-right opt for car parade instead of march for Independence Day

bne IntelliNews November 10, 2020

The annual Independence March has gained notoriety in recent years after having become the flagship event of the Polish far-right groups.

CEE politicians highlight trade and security ties as they congratulate Biden

bne IntelliNews November 7, 2020

Politicians rush to congratulate new US president-elect as result is announced — but not Slovenian PM and staunch Trump supporter Janez Jansa, who takes to Twitter to mock state of rule of law in US.

CEE Banking Sectors: In crisis and recovery mode at the same time

Gunter Deuber of Raiffeisen Research in Vienna November 6, 2020

There is positive news for all Central and Eastern Europe (CEE) commercial bankers, market observers and investment bankers. The fresh 2020 CEE Banking Report by Raiffeisen Research paints an encouraging picture of banking in CEE.

Rising COVID-19 cases put intense pressure on CEE healthcare systems

bne IntelliNews November 5, 2020

New restrictions imposed in countries struggling with a vicious second wave of the pandemic.

Poland announces new batch of near-lockdown restrictions after coronavirus cases shoot up

Wojciech Kosc in Warsaw November 5, 2020

Poland will close the remainder of schools as well as most retail and cultural facilities after new COVID-19 cases shot up to 24,692 on November 4.

Polish women tell government to “f*** off” as mass protests shake country

Wojciech Kosc in Warsaw November 2, 2020

In the ninth straight day of street protests, hundreds of thousands of Polish women and men demanded – in no diplomatic language – liberalisation of the abortion law.

VISEGRAD BLOG: The Central European populists rooting for Trump

Clare Nuttall in Glasgow October 31, 2020

For Central Europe's "illiberal democrats", US President Donald Trump’s re-election would be an affirmation that there is no stopping the global resurgence of the right wing.