Hungarian Prime Minister Viktor Orban was given assurances that the question of Budapest's blocked funds, around €22bn, would be handled impartially.
Investigations launched into sell-off of assets in Lotos merger, and company’s lowering of fuel prices before the election last year.
All 27 leaders of EU member states agreed on an additional €50bn support package for the so-called Ukraine Facility within the EU budget, European Council President Charles Michel announced on February 1.
Russia is increasingly struggling to maintain the export of oil products after at least half a dozen long-distance Ukrainian drone attacks on refineries caused fires causing temporary halts in production at facilities across western Russia.
Dusseldorf-based military equipment company has strengthened its presence in Central and Eastern Europe since the start of the Ukraine war.
Police staged a raid nearly nine hours into the standoff when the gunman took a bathroom break.
The former minority shareholders of a major Russian iron ore mining company have encountered what may be the final setback in their 17-year attempt to pressure the company’s new owner to pay them compensation for a disputed buy out deal.
The Hungarian strongman had come under huge pressure since he vetoed the EU package at a summit before Christmas.
Controversial swap deal with Oleg Deripaska would allow the Russian oligarch to monetise his frozen 28% stake in Austrian construction firm Strabag, while enabling RBI to withdraw €1.5bn of Russian profits.
President refers budget to PiS-dominated Constitutional Tribunal because two of its MPs were prevented from voting because they were in jail.
Canada’s Gabriel Resources has been seeking between $2bn and $6.5bn in compensation after the Rosia Montana gold mining project was blocked by the Romanian authorities.
Hungarian logistics company Waberer's is building a 20,000-sqm logistics centre in one of the most dynamic regions in eastern Hungary to serve the needs of automotive suppliers,
The European Commission intends to extend Ukraine’s access to EU markets at the summit this week but will introduce restrictions on some key agricultural products to protect members state’s domestic markets, UBN reported on January 31.
Czech premier announces French EDF and South Korean KHNP will be asked to submit binding offers for up to four new units at the Dukovany and Temelin nuclear power plants.
The euro became Kosovo's exclusive currency from February 1, ending the longstanding practice of dinar transactions in majority-Serb parts of the country.
Ukraine reached a historic high in Transparency International annual Corruption Perceptions Index (CPI) in 2023, improving its score by three points to reach 36 out of a possible 100.
MNB says risks surrounding global disinflation and volatility in international investor sentiment led the rate cut to be limited to 75bp.
Though Uzbekistan is hailed as a “significant improver”, Transparency International says region as a whole struggling with “dysfunctional rule of law, rising authoritarianism and systemic corruption”.
Country has few democratic checks and balances, insufficient laws against corruption and a reluctance to enforce such laws, says Transparency International.
Viktor Orban's government has made little effort to restore the rule of law and fight corruption, which are the preconditions to continue to enjoy EU funds.