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.
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.
“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.
Shops saw fewer customers in October, as restrictions limited people’s mobility and the general context of a surging pandemic weakened customer confidence.
A record 21 Czech companies made it into the ranking of the region’s fastest growing tech businesses.
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.
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 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 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.
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.
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.
The annual Independence March has gained notoriety in recent years after having become the flagship event of the Polish far-right groups.
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.
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.
New restrictions imposed in countries struggling with a vicious second wave of the pandemic.
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.
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.
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.