Central Europe / News

EU likely to wait until general elections before imposing sanctions against Hungary

bne IntelliNews January 28, 2022

Justice commissioner says there will be an extensive back-and-forth period with Budapest before ultimately submitting a proposal to the Council of the EU.

EU Launches WTO case against China over Lithuania blockade

bne IntelliNews January 28, 2022

China started blocking Lithuanian products and some European goods that contained Lithuanian components at customs last month.

wiiw slashes Emerging Europe growth forecasts for 2022 and 2023

bne IntelliNews January 27, 2022

Turkish growth is expected to slow to 3.5% this year, from a forecast 9.5% in 2021, while for Russia, GDP growth is forecast to slow to 2% from 4.5%.

Hungarian central bank switches gear and raises base rate above forecast

bne IntelliNews January 26, 2022

The Monetary Council of Hungary’s National Bank raised the base rate by 50bp to 2.9% at its first monthly policy meeting of the year.

Czechia and Slovakia lagging behind European average in fighting corruption, says Transparency International

bne IntelliNews January 26, 2022

Slovakia rises four places to 56th under new government, while Czechia remains stuck on 49th after Babis government's 'unfulfilled promises'.

Farmers union leader and journalist named as two new targets of Poland’s Pegasus hack

Wojciech Kosc in Warsaw January 26, 2022

Since the scandal broke, the Polish government has gone from denying any knowledge of Pegasus to admitting that Poland had bought it but not used it for political purposes.

Transparency CPI report ranks Hungary as second most corrupt country in EU

bne IntelliNews January 26, 2022

Hungary slipped four notches to 73th place in Transparency International's 2021 Corruption Perceptions Index ranking.

Slovak parliament likely to approve defence agreement with the US

bne IntelliNews January 25, 2022

President adds statement to DCA to reassure MPs but opposition still demands referral to Constitutional Court.

Westinghouse corrals Polish companies to work on nuclear power plant

Wojciech Kosc in Warsaw January 25, 2022

Westinghouse is one of three companies looking to build four to six reactors by the mid-2040s in order to reduce the carbon intensity of electricity generation.

Baltics to send weapons to Ukraine as fears of Russian invasion rise

bne IntelliNews January 24, 2022

Estonia will send Javelin anti-armour missiles, while Latvia and Lithuania will send Stinger antiaircraft missiles.

Komarek's lottery operator Allwyn Entertainment to enter NYSE

bne IntelliNews January 24, 2022

Czech billionaire's lottery company expected to be valued at around $9.3bn.

US charges four Belarusian state officials with conspiracy to commit aircraft piracy

bne IntelliNews January 23, 2022

Yesterday, a federal grand jury in New York returned an indictment which charged four Belarusian state officials with conspiracy to commit aircraft piracy.

Poland’s largest drug maker Polpharma reportedly in talks to take over Czechia’s Zentiva

bne IntelliNews January 21, 2022

Advent International, which bought Zentiva for €1.9bn in 2018 is reportedly considering selling the generic drugmaker for €3.5bn.

Baltics boost own military capacities and pledge to send arms to Ukraine as tension mounts

Linas Jegelevicius in Vilnius January 21, 2022

Latvia, Lithuania and Estonia have pledged to offer Ukraine assistance, including in cyber security.

Slovakia faces latest COVID-19 wave with one of lowest vaccination rates in EU

bne IntelliNews January 21, 2022

Slovakia's poor vaccine performance is being blamed on the government's unclear policy direction, but the opposition has also played its part.

​Hungary’s opposition alliance collects 470,000 signatures for referenda

bne IntelliNews January 21, 2022

The government is expected to refuse to allow the referenda to be held on the same day as the general election, at which it is already holding an anti-LGBT vote.

Hungary infringed EU rules in blocking VIG-Aegon merger, says EU Commission

bne IntelliNews January 21, 2022

Brussels says it has exclusive competence to deal with EU-wide mergers and that it doubts that decision was aimed at protecting Hungary's legitimate interests.

Defence agreement between Slovakia and the US divides politics and society

bne IntelliNews January 19, 2022

The DCA would allow the US airforce to use two Slovak military airports and potentially other facilities without a request of rental payment for a period of 10 years.

Poland begins to suffer fifth wave of coronavirus pandemic

Wojciech Kosc in Warsaw January 18, 2022

The number of new COVID-19 cases in Poland jumped 72% week-on-week

MEPs accuse EU Commissioner Varhelyi of supporting Dodik’s separatism in Bosnia

bne IntelliNews January 13, 2022

MEPs demand investigation into claims enlargement commissioner backed Dodik, despite denial by Hungary's ruling Fidesz.