Central Europe / News

Latvia’s foreign minister resigns over private jet scandal

Linas Jegelevicius in Vilnius March 28, 2024

Krisjanis Karins, formerly prime minister of Latvia, enjoyed a lavish lifestyle while in the PM office, using private jets for 32 foreign trips.

Former Fidesz insider presents damaging evidence to prosecutor's office in high-profile corruption case

bne IntelliNews March 28, 2024

Peter Magyar posts secretly recorded conversation with his ex-wife and former justice minister Judit Varga, indicating high-ranking government officials manipulated evidence in a major corruption case.

Moody’s assigns negative outlook to Czech CEZ after Gasnet takeover

bne IntelliNews March 27, 2024

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.

Lukashenko contradicts Putin on Crocus City terrorists, threatens to invade Baltics

bne IntelliNews March 27, 2024

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.

Poland’s ruling coalition moves step closer to putting NBP chief on trial

Wojciech Kosc in Warsaw March 26, 2024

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.

NBP head says he wants peace with Tusk as motion to oust him goes to parliament

Wojciech Kosc in Warsaw March 26, 2024

Glapinski faces vote in the parliament that could open the way to a trial before the State Tribunal.

Bolsonaro sought refuge at Hungarian embassy to escape justice

Tamas Csonka in Budapest March 26, 2024

It is not the first time Orban has meddled in the affairs of foreign countries and sought to help his allies escape justice.

Former foreign minister Ivan Korcok wins first round of Slovak presidential race

Albin Sybera March 24, 2024

Parliamentary Speaker Peter Pellegrini remains favourite in the run-off.

Penta mulls sale of Fortuna gambling chain

Albin Sybera March 22, 2024

Central Europe's largest betting company reportedly valued at up to €2bn.

Hungarian government officials threaten retaliation against Spar criticism

Tamas Csonka in Budapest March 22, 2024

Spar will pay the price for its baseless and unfair accusations against Hungary, according to Minister for Construction and Transport Janos Lazar.

Polish central bank chief faces suspension after parliament files motion for trial

Wojciech Kosc in Warsaw. March 22, 2024

The ECB is likely to defend Glapinski, considering the motion and the rhetoric that accompanies it a political challenge to the central bank’s independence.

CEZ net profits more than halve in 2023 to CZK29.6bn

Robert Anderson in Prague March 21, 2024

CEZ also confirmed that it signed an agreement to buy 55% of Gasnet, the largest Czech gas distribution company, for €846.5mn.

Magyar accuses Orban’s inner circle of tampering with evidence in high-profile corruption case

Tamas Csonka in Budapest March 21, 2024

New opposition figure says he has gathered evidence that could lead to the fall of the Orban government.

Venice Commission says Hungary’s sovereignty defence act violates international standards

Tamas Csonka in Budapest March 20, 2024

Advisory body to the Council of Europe says Orban regime's ban on foreign political funding much too broad.

Slovak presidential candidates clash over Ukraine ahead of weekend vote

Albin Sybera March 20, 2024

Pellegrini calls for peace talks, while Korcok says "the peace you talk about is capitulation".

Poland’s Tusk says motion to try central bank chief is 'ready'

Wojciech Kosc in Warsaw March 20, 2024

Any attempt to put Glapinski before the State Tribunal is likely to provoke anger from the European Central Bank.

Seed of dissent: EC imposes fresh restrictions on Ukraine agriculture exports under European farm lobby pressure

Ben Aris in Berlin March 20, 2024

The European council agreed to add several new agricultural products to a list that reimposes tariffs and quotas on Ukraine agricultural product imports to the EU, voting on a surprise decision to expand the list.

A surprise EU proposal to expand agricultural ”emergency brake” import restrictions will cost Ukraine €1.7bn

Ben Aris in Berlin March 19, 2024

EU countries have overnight agreed to impose new restrictions on Ukrainian agricultural imports that will cost the cash strapped country €1.7bn and hurt its ability to fight the war against Russia.

Polish fashion retailer LPP’s stock price partially recovers after damning report

Wojciech Kosc in Warsaw March 19, 2024

LPP fiercely denies claims by Hindenburg Research that it had faked an exit from Russia following the outbreak of the war in Ukraine.

Europe has €56bn shortfall to meet Nato 2% of GDP spending pledge

bne IntelliNews March 18, 2024

European nations within Nato are facing a €56bn shortfall in meeting the alliance's defence spending pledge of 2% of GDP this year, the Financial Times reported on March 16.

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