ENERGY CRISIS: Bruegel gas use tracker shows a tight market but falling EU consumption

bne IntelliNews October 12, 2022

This winter is going to be tough. An energy crisis has already led the EU to spend over half a trillion euros on relief and support. Europe wants to cut its gas consumption by 15% and has managed to reduce it by 7% already.

CEE faces 'huge correction' in bond yields, says Erste

Robert Anderson in Prague October 10, 2022

The end of the monetary tightening cycle amid the tougher international environment will mean a correction of 200 basis points in 10-year yields in Hungary, and from 80-140 bps in Czechia, Poland and Romania.

VISEGRAD BLOG: European family gathering mostly avoids fights

Robert Anderson in Prague October 9, 2022

European Political Community isolates Russia, welcomes back UK and reassures EU candidate countries.

Serbia and Croatia spar over ban on oil transport through Janaf pipeline

Valentina Dimitrievska in Skopje October 6, 2022

Belgrade blames historic differences with Zagreb for failure to secure exemption to EU ban on Russian oil imports.

Czechs try to transform EU's relationship with Israel

Robert Anderson in Prague October 3, 2022

As the current rotating president of the European Union, Prague has convened a meeting of the long moribund EU Israel Association to try to boost EU links with the Jewish state.

bneGREEN: Fit for 55 – not fit for purpose

Richard Lockhart in Edinburgh September 30, 2022

The EU’s Fitfor55 efforts to reduce CO2 emissions by 55% by 2030 are woefully inadequate and unable to contain global warming to the 1.5°C target, with reductions of up to 77% needed instead to stand any chance of averting a climate catastrophe.

BRUEGEL: National policies to shield consumers from rising energy prices

Giovanni Sgaravatti for Bruegel, Simone Tagliapietra for Bruegel, Georg Zachmann for Bruegel September 26, 2022

The current increase in wholesale energy prices in Europe has prompted governments to try to shield consumers from the direct impact of an energy crisis that is sweeping the Continent and the rising prices that are costing hundreds of billions.

Croatia’s PM to fire INA managers if they refuse to resign over corruption scandal

bne IntelliNews September 19, 2022

Standoff between government and management at Croatian oil and gas company after large-scale embezzlement.

bneGreen: Southeast Europe’s first eco-mosque opens in Croatia

bne IntelliNews September 11, 2022

As the climate crisis worsens, there is growing interest in building more eco-friendly places of worship.

Southeast European governments rush to offer new anti-crisis packages

bne IntelliNews September 9, 2022

Albania and Croatia the latest to announce new measures to help their populations cope with soaring prices.

BALKAN BLOG: What Turkey’s Erdogan can offer the Western Balkans

Clare Nuttall in Glasgow September 9, 2022

President Erdogan offers Turkey’s support to resolve critical situations that threaten stability in the Western Balkans, but what can Ankara achieve in the region?

INA chairman tenders resignation after corruption scandal

bne IntelliNews September 8, 2022

Chairman of the oil and gas company offered to step down after Croatia’s anti-corruption body made five arrests in a high-profile fraud case.