Central Europe / News
City of Budapest vows to exercise pre-emptive rights over plot for planned €5bn luxury project by UAE investor Eagle Hills
The Budapest municipality has vowed not to waive its pre-emption rights over a plot of land sold by the state to UAE investor Eagle Hills, which plans a €5bn real estate development on the site, Mayor Gergely Karacsony announced.
Wizz Air stops refuelling at Belgrade airport to comply with US sanctions
Recent US sanctions targeted oil and gas company NIS, the sole supplier of aviation fuel in Serbia, which is majority-owned by Russia’s Gazprom Neft.
Diagnostyka aims to raise €400mn with Warsaw IPO
Medical diagnostics provider's IPO is seen as a major addition to the Polish equity market, following last year’s PLN6.45bn listing of convenience chain Zabka.
Hungarian rapper's video taking aim at Viktor Orban and corruption goes viral
The music video by Hungarian rapper and television personality Majka has sparked significant political repercussions and dominated public discourse over the last few days as it targeted the ruling party and its leader Viktor Orban.
Viktor Orban skips Trump’s inauguration to launch offensive against Brussels at Budapest conference
Hungarian Prime Minister Viktor Orban used a conference evaluating the country's EU presidency to launch fresh attacks on Brussels, reiterating his long-standing criticisms of the EU and Western liberalism.
Polish President Duda says Ukraine should join Nato as soon as possible
Ukraine’s best option to ensure national security will be to join Nato in the “near future,” President Andrzej Duda said on January 15 as he hosted his Ukrainian counterpart Volodymyr Zelenskiy in Warsaw.
Analysts ponder why Viktor Orban is skipping Donald Trump’s inauguration
Hungarian Prime Minister Viktor Orban will not attend the inauguration of Donald Trump on January 20, but will instead deliver a keynote speech at a conference evaluating Hungary's EU presidency on the same day.
Spike in Czech beer exports to Russia highlights cracks in Moscow-bound trade and businesses
Czechia’s exports of beer increased year on year in 2024, which was the first spike in beer exports to Russia after a slump caused by Russia’s 2022 full-scale invasion of Ukraine and the subsequent severing of business links to Russia.
Poland's Tusk warns of Russian airline bomb terror campaign, promises to speed Ukraine's EU membership
Polish Prime Minister Donald Tusk warned that Russia is planning a terror campaign of bombs on “airlines around the world” at a press conference with Ukrainian President Volodymyr Zelenskiy during his visit to Poland on January 15.
Czechia wraps up work on pipeline expansion to end reliance on Russian oil
Czechia is on track to end its reliance on Russian oil within the next few months following the completion of key technical work on the TAL-PLUS oil pipeline expansion.
Slovakia’s populist PM Fico faces no-confidence motion
Slovakia’s opposition parties united to file a no-confidence motion against the populist Prime Minister Robert Fico on January 14.
China's Xinzhi creates 900 jobs with €120mn investment in Hungary
China's automotive company Xinzhi is establishing a plant in Hungary through a HUF50bn (€120mn) investment.
Slovakia’s Fico steps up anti-Ukraine rhetoric over gas cut-off
Slovak premier threatens to veto Ukraine votes at EU level.
Poland says Netanyahu can come for Auschwitz anniversary despite ICC warrant
The issue has put the Tusk government in a tight spot, as the Polish leader made the rule of law a cornerstone of his successful election campaign.
EBRD delivers 26% expansion in investments in 2024, commits record €16.6bn across economies
Lender notes strong momentum in green and gender financing, in parallel with steadfast support for Ukraine and its real economy.
Czech police request parliament strip far-right leader of immunity
Okamura's SPD has been trying to maintain its position as the leader of the far-right and anti-EU political spectrum at a time when several anti-establishment parties have been surging in the polls.
US sanctions key Orban ally for corruption
Antal Rogan accused of orchestrating public procurement schemes that enriched himself and other party loyalists.
Czech central bank monetary department chief quits
Peter Kral had reportedly long been at loggerheads with dovish Governor Alex Michl.
Hungary’s 4iG seeks further acquisitions in CEE and Western Balkans for rebranded telco operations
Thanks to a streak of acquisitions, 4iG’s revenue has surged from HUF15bn in 2018 to nearly HUF700bn.
_Cropped_1736184804.jpg)
airBaltic CEO and IPO under pressure after flight cancellations
State-owned airline reveals that engine maintenance issues would force it to cancel 4,670 flights scheduled for this summer.