Central Europe / News

EU’s top court delivers another blow to Polish government’s judiciary overhaul

Wojciech Kosc in Warsaw October 7, 2021

Judge wins case against his transfer at CJEU, which says government's reforms damage judicial independence.

Poland’s central bank unexpectedly hikes rates by 40 bps to 0.5%

Wojciech Kosc in Warsaw October 6, 2021

Polish rate setters belatedly follow lead of Czech and Hungarian neighbours in reacting to rising inflation in Central Europe.

Hungarian opposition’s primary run-off tainted by rows and backroom deals

bne IntelliNews October 6, 2021

New poll shows that conservative mayor Marki-Zay is closing the gap on Klara Dobrev and is now the second most popular candidate among opposition voters.

Czech police to investigate allegations in Pandora Papers against Prime Minister Andrej Babis

bne IntelliNews October 5, 2021

Premier bought French chateau through secret loan from offshore companies but denies tax evasion.

New OCCRP Pandora Papers leak reveals more details of secret financial networks of New Europe’s elite

Ben Aris in Berlin October 4, 2021

A new leak of millions of documents dubbed the Pandora Papers has revealed more details of the use of offshore companies by the elite of New Europe, detailing their ownership of hundreds of millions of dollars of assets.

Latest poll before Czech general election shows potential stalemate

bne IntelliNews October 3, 2021

Prime Minister Andrej Babis embarrassed by Panama Papers disclosure that he acquired French chateau through offshore companies.

Dobrev could face uphill battle in Hungary's opposition run-off

bne IntelliNews October 1, 2021

Third placed candidate Marky-Zay and Budapest Mayor Gergely Karacsony will decide next week which of them should withdraw to give the other a clear run against Dobrev.

Poland extends state of emergency on border with Belarus until end of November

Wojciech Kosc in Warsaw October 1, 2021

Government weaponises refugees as threat to Poles, while opposition accuses it of violating international law by not allowing them to file for protection.

Czech central bank hikes interest rates to 1.5%

bne IntelliNews October 1, 2021

Bank board defies government by raising rates by 75 bps, the largest increase in 24 years.

Klara Dobrev wins first round of historic Hungarian opposition primary but run-off could be nailbiter

bne IntelliNews September 30, 2021

Budapest Mayor Gergely Karacsony and independent Peter Marki-Zayare also set to make the cut to be opposition candidate to face Hungarian strongman Viktor Orban.

Lithuania reinstates face mask wearing indoors, advises working remotely

Linas Jegelevicius in Vilnius September 29, 2021

Lithuania is the first Central European country to resort to tightening the public health rules as infections rise amid the fourth wave of the pandemic.

Hungarian opposition leaders clash in second televised debate

Tamas Szilagyi in Budapest September 28, 2021

Debate took place as opposition parties are holding the country’s first-ever primary to select candidates for 106 constituencies and pick their leader to challenge Hungary’s strongman Viktor Orban.

Poland records 130,000 excess deaths in past 12 months as pandemic deepens demographic crisis

Wojciech Kosc in Warsaw September 26, 2021

The government’s flagship welfare programme, the universal payout of €109 monthly per every child under 18, has not resulted in any sustained increase in the number of births.

Poland’s PM skips regional summit to snub Czech premier Babis over mine row

Wojciech Kosc in Warsaw September 24, 2021

Poland reportedly plans to suspend cooperation with Czechia in the Visegrad Group until the mine’s case has been resolved in an amicable way.

Czech president released from hospital after alleged convalescent stay

bne IntelliNews September 24, 2021

Milos Zeman´s health is all the more important now when the general elections are approaching, as it is the president who nominates the head of the winning party to form a new government.

Poland renews license for US-owned broadcaster TVN24

Wojciech Kosc in Warsaw September 23, 2021

But the regulator also asked the Constitutional Tribunal to check if the current licensing rules are in line with Poland’s constitutional order.

European Commission refuses Czech request to delay PM's conflict of interest case till after the election

bne IntelliNews September 22, 2021

The European Commission is currently not reimbursing the Czech state for subsidies given to Agrofert and has threatened to stop reimbursing Czech spending on wider EU subsidies until the government clarifies its policy.

Polish government outraged by CJEU fine over lignite mine

Wojciech Kosc in Warsaw September 22, 2021

Poland fined €500,000 per day for failing to abide by order to halt the Turow lignite mine’s operations immediately.

Hungary’s Monetary Council decides to slow the pace of tightening cycle

bne IntelliNews September 22, 2021

Rate-setters raised the central bank’s base rate by 15 basis points to 1.65%, below the 20-30bp hike expected by analysts.

Car production in Czechia falls by 39% during summer

bne IntelliNews September 20, 2021

Both car producers Skoda Auto and Toyota had to extend their traditional summer shutdowns due to lack of chips.