As the climate crisis accelerates, banks are facing increasing financial risks and have begun to try to assess their exposure to the trillions of dollars of damage extreme weather will do every year.
Germany’s slow recovery is dampening growth prospects for Central and Southeast European economies.
PwC and CEE Digital Coalition believe the Central and Eastern Europe region has the potential to create the EU’s Silicon Valley.
The three Baltic states – which have had no nuclear reactors since the closure of Lithuania’s Soviet-designed Ignalina plant 15 years ago – are now all looking at small modular reactor technology.
The slow start to 2024 means the economy will stagnate this year, but the recovery should gain further momentum in 2025, the IMF forecast.
Estonian Interior Minister Lauri Laanemets said he is set to propose to the country’s parliament Riigikogu that they declare the Moscow-based Orthodox Patriarchate a terrorist organisation.
While digital infrastructure in the region is growing, support infrastructure designed to handle the growth in demand is what requires investment.
Methane emissions are 80 times more damaging than carbon dioxide. Rather than falling, they are currently at an all-time high and rising. The IEA says they need to fall by 75% by 2030 if the Paris Accord targets are going to be met.
The EU is preparing a new fourteenth package of sanctions that is slated for adoption in the coming months, but is unlikely to introduce any new products and will focus mostly on enforcing the existing thirteen rounds of sanctions.
On Monday, 8 April, Germany sent an advance team of 20 soldiers to Lithuania, laying the groundwork for the recently discussed establishment of a permanent brigade in the Nato country, Statista reports.
The EU has exited the heating season with a record volume of gas in storage, following another mild winter and as a result of reduced industrial demand and a concerted effort by policymakers to boost stockpiles.
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.
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.
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.
After failing to oust Alexander Lukashenko in the 2020 presidential election, Belarus’ exiled opposition politicians are divided and increasingly unwelcome in neighbouring Lithuania.
Krisjanis Karins, formerly prime minister of Latvia, enjoyed a lavish lifestyle while in the PM office, using private jets for 32 foreign trips.
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.
Russian forces must only make an offensive push for 250km to cut the Baltic states from Europe.
IQAir’s 6th Annual World Air Quality Report reveals “troubling details” of the world's most polluted countries, territories and regions in 2023.