Polish farmers up pressure on Tusk government by resuming blockade on Ukraine border

Wojciech Kosc in Warsaw January 4, 2024

The protesting farmers seek corn production subsidies, a reduction in agricultural taxes in 2024, and the retention of preferential loans.

ArcelorMittal challenges Tauron's claim to exercise put option to sell Tameh Holding stake

Wojciech Kosc in Warsaw January 4, 2024

Steel giant says it has not bought Polish energy group out of power utility joint venture.

How exposed is the EU to the fragmentation of the global trade regime?

Ben Aris in Berlin January 2, 2024

How exposed is the EU to the fragmentation of the global trade regime? An IMF study takes a deep dive into the problem.

EU imposes twelfth sanctions package on Russia, including a ban on diamond imports but not tanker sales

Ben Aris in Berlin January 2, 2024

European Union countries have collectively endorsed the implementation of the twelfth sanctions package against Russia, which encompasses a range of measures, notably the prohibition of Russian diamond imports.

Poland's Tusk government wrestles public media out of PiS’ grip

Wojciech Kosc in Warsaw December 21, 2023

Supervisory boards and the management teams of public broadcasters and state-run news agency dismissed in effective but legally dubious move.

Hungary holds the EU's €50bn Ukraine aid package to ransom to get more concessions

Ben Aris in Berlin December 15, 2023

Having allowed the vote on starting Ukraine’s formal accession to the EU talks to begin, Hungarian Prime Minister Viktor Orban is now holding a four-year €50bn financial aid package for the war-torn country to ransom.

CEE Banking Sector Report: A record year that is unlikely to be sustained

Gunter Deuber, Ruslan Gadeev of Raiffeisen Research in Vienna December 15, 2023

The aggregated return on equity across all markets this year may surpass the 20% level, a ratio last seen in 2005 or 2006.

COP28 agrees to triple renewables by 2030

by Roberta Harrington in Los Angeles December 13, 2023

COP28 ran overtime, and nearly 200 countries finally agreed to transition away from fossil fuels, and to triple renewable energy and double energy efficiency.

Deal on transition away from fossil fuels struck at COP28

bne IntelliNews December 13, 2023

Compromise agreement reached after hottest year on record does not explicitly commit to phase-out of fossil fuels.

Poland’s new pro-EU government wins confidence vote

Wojciech Kosc in Warsaw December 13, 2023

Prime Minister Donald Tusk said he would return from Brussels this week with the money from the EU’s pandemic recovery fund, suspended because of the previous government’s violations of the rule of law.

PiS era over as Polish parliament elects pro-EU Tusk to be new prime minister

Wojciech Kosc in Warsaw December 11, 2023

PiS has people planted across key institutions like the public media, prosecution, courts, and – most importantly – in the Constitutional Tribunal.

Poland’s new government faces an uphill struggle

Wojciech Kosc in Warsaw December 11, 2023

Poland has only begun to emerge out of an economic slowdown brought about by Russia’s war in Ukraine and the energy crisis that followed it.

Europe in recession, no engines of growth

bne IntelliNews December 9, 2023

The latest GDP figures show that the eurozone contracted in the third quarter and looks like it will do the same in the last three months of the year, falling into a continent-wide recession.

COP28: A week in, and fossil fuels and finance dominate

by Roberta Harrington in Los Angeles December 6, 2023

The first week of COP28 has ended, and climate diplomats must now hammer out the final agreements.

International banking groups mull expansion in CEE region

bne IntelliNews December 6, 2023

Half of the cross-border banking groups active in Central, Eastern and South-Eastern Europe say they want to “selectively expand” in the region, shows the latest EIB survey.

Earth nears catastrophic climate tipping points, say scientists

by Roberta Harrington in Los Angeles December 6, 2023

Climate change has pushed the world into a precarious position concerning numerous planetary 'tipping points,' according to an extensive scientific evaluation completed by over 200 researchers.

COP28 leader defends controversial remarks

by Roberta Harrington in Los Angeles December 6, 2023

Sultan al-Jaber, the oil executive who is leading the COP28 climate summit in Dubai, has rocked the conference with highly controversial remarks that there is “no science” that phasing out fossil fuels is necessary.

COP28: Greenpeace asks if nine European oil and gas majors are “getting away with murder”

bne IntelIiNews December 5, 2023

Releases study showing 360,000 people could die prematurely before the end of the century because of global heating caused by companies’ 2022 greenhouse gas emissions alone.

Tusk-led Polish government could finally win confidence vote on December 11

Wojciech Kosc in Warsaw December 5, 2023

Despite winning the election on October 15, the three-party government of Civic Coalition, the Third Way and the Left is yet to take over power because of obstruction by the outgoing Law and Justice party.

CENUSA: The EU must not allow mistakes over Ukraine to compromise its expansion policy

Denis Cenusa in Giessen December 5, 2023

European military-financial support for Ukraine's defence efforts and its political-strategic support for ​​Ukraine's European accession are interdependent. They can have a positive influence on each other or can obstruct each other.