Slovenian start-up Fit&Beat secures $25mn investment from GEM Digital

bne IntelliNews October 5, 2022

Fit&Beat uses blockchain technology paired with virtual and augmented reality solutions to reward people for getting fit.

Czechs try to transform EU's relationship with Israel

Robert Anderson in Prague October 3, 2022

As the current rotating president of the European Union, Prague has convened a meeting of the long moribund EU Israel Association to try to boost EU links with the Jewish state.

bneGREEN: Fit for 55 – not fit for purpose

Richard Lockhart in Edinburgh September 30, 2022

The EU’s Fitfor55 efforts to reduce CO2 emissions by 55% by 2030 are woefully inadequate and unable to contain global warming to the 1.5°C target, with reductions of up to 77% needed instead to stand any chance of averting a climate catastrophe.

More pain stored up for Emerging Europe in 2023

bne IntelliNews September 29, 2022

Government efforts to shield populations from the energy crisis and rampant inflation have shifted the economic impact to next year, says the EBRD as it downgrades GDP growth forecasts for 2023.

Slovenian government to hike spending over next two years

bne IntelliNews September 28, 2022

Higher spending and bigger deficits planned in 2023 and 2014 budgets as Ljubljana tries to mitigate the economic fallout from the war in Ukraine.

EBRD: Reduced gas supplies and inflation to slow growth further in EBRD regions

EBRD September 28, 2022

The European Bank for Reconstruction and Development (EBRD) projects growth in its region will slow as a result of gas supply problems that are feeding an energy crisis. The bank says growth will slow to 2.3% in 2022 in its region and 3% in 2023.

BRUEGEL: National policies to shield consumers from rising energy prices

Giovanni Sgaravatti for Bruegel, Simone Tagliapietra for Bruegel, Georg Zachmann for Bruegel September 26, 2022

The current increase in wholesale energy prices in Europe has prompted governments to try to shield consumers from the direct impact of an energy crisis that is sweeping the Continent and the rising prices that are costing hundreds of billions.

Desperate Southeast Europe governments scramble for energy resources

bne IntelliNews September 23, 2022

Facing a cold winter, Southeast European countries look to coal from Indonesia, gas from Azerbaijan and oil from Iran.

Energy crisis: Europe’s industry shutting down

Ben Aris in Berlin September 20, 2022

Dozens of plants across a diverse range of industries such as steel, aluminium, fertilisers and the power industry have been forced to close up shop as sky-high gas and power prices make their businesses lossmaking.

Former Czech premier Babis invests in Slovenian capital

Albin Sybera September 20, 2022

Babis' Hartenberg vehicle has invested tens of millions of euros alongside Corwin since last year to tap its green approach to real estate development.

bneGREEN: Slovenia’s Sigma Energy deploys device to convert sea waves into electricity

bne IntelliNews September 18, 2022

Sigma Energy's full-scale Sigma WEC prototype deployed off Montenegro's Bar in the Adriatic Sea.

Slovenia’s IMAD upgrades 2022 GDP growth projection to 5%, lowers forecast for 2023

bne IntelliNews September 15, 2022

The projection for 2022 was upgraded mainly due to higher growth in private consumption and the high contribution of inventory changes in the first half of the year.

Eastern EU governments under pressure to act on rising living costs

bne IntelliNews September 7, 2022

Discontent is growing in Central and Southeast European countries that are suffering the highest inflation in the EU, pumped up by soaring food and energy prices.

Slovenia expects solid but slightly lower GDP growth in H2

bne IntelliNews September 5, 2022

Ukraine war and sanctions to slow down Southeast Europe's fastest-growing economy.

Slovenia’s annual inflation stays flat at 11% in August

bne IntelliNews August 31, 2022

Annual inflation in August was influenced the most by higher prices of fuels, electricity and food.

bneGREEN: Europe’s once-in-500-year drought threatens energy, food security

Richard Lockhart in Edinburgh August 25, 2022

Europe is facing its worst drought for 500 years, as the European Commission has warned that nearly half of the EU’s territory faces severe water shortages in August, as climate change has caused low rainfall levels and record-high temperatures.

Romanians least likely in the EU to read news online

bne IntelliNews August 24, 2022

Across the EU 72% of EU internet users aged 16-74 read online news sites, newspapers or news magazines, but only 59% of Romanians read news online.

Slovenia posts strong annual GDP growth of 8.2% in 2Q22

bne IntelliNews August 16, 2022

Slovenia is projected to achieve one of the highest GDP growth rates in Emerging Europe this year.

Slovenia’s inflation accelerates further to 11% y/y in July

Valentina Dimitrievska in Skopje August 1, 2022

Annual inflation speeded up by 0.6 percentage points from the previous month.

Drought damage to European grain harvest piles on top of Ukraine war impact

bne IntelliNews July 28, 2022

Extreme heat and droughts across several European countries have led to forecasts for this year’s harvests being reduced.