A new analysis by the energy think-tank Ember has found that several countries in Europe could soon face bottlenecks in their national transmission energy grids, as more solar and wind power will be generated than these networks have capacity for.
The world’s leading Emerging Markets are moving rapidly up the World Bank’s latest GDP rankings in PPP (purchase power parity) terms as well as the annual foreign direct investment confidence ranking.
Winter is over, as the EU gas tanks switch from withdrawals to filling mode again in preparation for next winter. Injection into the gas tanks started on April 1, a week earlier than in 2023 and started at an all-time high record level of 59.3% full.
In the last week temperatures have soared, breaking monthly records in nearly half the countries on the planet. In much of Europe temperatures have reached those of mid-summer in the first week of April.
Exit polls predict that Law and Justice won 33.7% of the vote, compared to 31.9% for the Civic Coalition, led by Prime Minister Donald Tusk.
Recent polls show that Tusk’s Civic Coalition averages nearly 31% of the regional vote, followed by PiS at just over 28%.
Poland's Purchasing Managers' Index (PMI) inched up 0.1 points to 48 in March (chart), the economic intelligence company S&P Global said on April 2.
Far-right politicians across the EU have been promoted on the Voice of Europe media platform ahead of the European Parliament elections.
Polish CPI grew 1.9% year on year in March (chart), below the consensus line of 2.1% y/y and 1.1pp below the February reading, a flash estimate from Poland’s statistical office GUS showed on March 29.
Europe is home to more than 400 clean tech manufacturing plants, but the distribution is uneven and a few large countries dominate the business of making equipment needed to produce green energy sources.
Trade dispute has sparked farmer protests in Poland and strained bilateral relations.
Poland exported 115,000 tonnes or 13% of the EU’s total chocolate exports in 2023.
Bulgaria has the EU's lowest labour cost, while Romania still lags well behind Poland and Hungary.
The UN’s World Meteorological Organisation has issued a “red alert” on the climate crisis, citing unprecedented increases in 2023 in greenhouse gases, land and water temperatures and melting of glaciers and sea ice.
The Gasnet acquisition comes amid the efforts of the Czech state to gain a stronger footing in the energy infrastructure and diversification from its dependency on Russian energy supplies.
The economies of Central and Eastern Europe (CEE), which experienced a period of stagnation last year, are poised for a modest revival in 2024, but both the Russian and Turkish economies are already overheating.
In Belarus President Alexander Lukashenko’s latest bombastic rant, he contradicted Russian President Vladimir Putin, saying the four terrorists fleeing the killing spree in the Crocus City Hall mall were headed towards Belarus not Ukraine.
Romania has been catching up with the EU average faster than Hungary, which fell into recession in 2023.
If parliament approves the motion, it means the automatic suspension of Glapinski, although with an option to appeal to the Court of Justice of the EU.
Glapinski faces vote in the parliament that could open the way to a trial before the State Tribunal.