bneGREEN: CEE countries need to invest in more solar and wind to break their Russia energy dependence

bne IntelliNews February 7, 2023

The energy crisis in Central and Eastern Europe has lost some of its bite after a mild winter and record LNG imports led to a slump in natural gas prices. The EU has made good progress in replacing Russian energy supplies.

NEMETHY: How the Battle for Ukraine may change Europe

Les Nemethy CEO and founder of Euro-Phoenix Financial Advisors February 6, 2023

More and more signs point to a new major Russian initiative to take Ukraine in the spring, including a possible attack on Kyiv. How could a major Russian offensive or a Russian victory in Ukraine challenge Europe?

COMMENT: The new Cold War will be different, and not only because of China

Peter Szopo February 6, 2023

Mercantilism is also replacing globalisation, and the US has a declining interest in European affairs.

Polish proposed ban on Russian rubber may give the European tyre industry a flat

bne IntelliNews February 6, 2023

Poland is lobbying for a ban on Russian synthetic rubber to become a part of the new EU sanctions which are scheduled to be unveiled on the one-year anniversary of the military operation in Ukraine, February 24.

EU and G7 agree on Russian petroleum product price caps

bne IntelliNews February 5, 2023

The caps came into force on February 5, three months after a similar cap of $60 per barrel was introduced on Russian crude oil exports.

INTERVIEW: Helen Rodwell, head of CMS’ corporate practice in CEE

Robert Anderson in Prague February 4, 2023

Dealmaking in Central Europe is set to rebound, says law firm's long-standing Prague managing partner, as new kinds of investor move into the region.

Downturn mood eases in Polish manufacturing as PMI grows to 47.5 points in January

Wojciech Kosc in Warsaw February 2, 2023

PMI hits highest reading for eight months but is still below 50 threshold.

bneGREEN: Most growth in power generation by 2050 will be solar and wind – BP

by Roberta Harrington in London February 1, 2023

Most growth in global power generation by 2050 will be solar and wind, according to oil supermajor BP’s annual benchmark report, the 2023 Energy Outlook.

Russian gas pipe flow dips to record low in January

bne IntelliNews February 1, 2023

Russian pipeline gas flowing to Europe dipped to a record low in January, down 30% compared with supplies in December, while experts warn that there could be significant further downside risk to the country’s deliveries.

Only Hungary and Russia heading for recession in 2023 as Emerging Europe shows its resilience

Clare Nuttall in Glasgow February 1, 2023

wiiw believes that most countries of the region have “probably already digested” most of the economic shock caused by the Ukraine war, provided Russia does not escalate the conflict further.

Poland’s economy expands 4.9% in 2022

Wojciech Kosc in Warsaw January 31, 2023

The economy is expected to grow below 1% in 2023, as high inflation, exceeding nominal wage growth, as well as restrictive monetary policy, radically reduces domestic demand.

M&A in Emerging Europe fell by 20% to €32.93bn in 2022

bne IntelliNews January 30, 2023

The weak macroeconomic backdrop and the spectre of possible recession are likely to stifle M&A in the coming months, according to the annual CMS/Emis Emerging Europe M&A Report.

Poland basks in the glory of being Kyiv’s chief ally in Europe

Wojciech Kosc in Warsaw January 27, 2023

Poland leading the effort to get the tanks delivered to Ukraine may give the ruling PiS extra clout in an election year.

VISEGRAD BLOG: When Eastern European states speak out they are now listened to

Robert Anderson in Prague January 26, 2023

The countries on Nato’s eastern flank believe they are now leading the debate on how to confront the Kremlin, as demonstrated by the row over supplying modern battle tanks to Ukraine.

bneGREEN: Renewable energy was a hot topic in Davos but for Europe, much work remains

by Roberta Harrington in London January 25, 2023

‘Cooperation in a fragmented world’ was the theme at the World Economic Forum in Davos, but Europe is still struggling to catch up with the cleantech policies of the US and China.

Slowdown squeezes Poland’s industrial production growth to 1% y/y in December

Wojciech Kosc in Warsaw January 24, 2023

2023 will see further GDP deceleration to about 1% in what analysts say is a “soft landing” of the economy.

Polish PPI inflation eases to 20.4% y/y in December

Wojciech Kosc in Warsaw January 23, 2023

The index eased growth for a fourth consecutive time in December, confirming expectations for inflation to decline.

Germany not to block Poland from sending Leopard tanks to Ukraine, says foreign minister

Wojciech Kosc in Warsaw January 23, 2023

Countries that have the Leopards in their stock need Germany’s approval to send them to fight abroad, a commitment that Berlin has also been unwilling to make up to now.

No tanks for Ukraine at Ramstein meeting

bne IntelliNews January 20, 2023

Despite the intense pressure being brought on Berlin to allow Europe’s Nato members to send their advanced Leopard 2 tanks to Ukraine, a summit at the Nato Ramstein airbase failed to approve the measure.

bneGREEN: IEA five-point action plan could avoid a new European energy crisis this year

Ben Aris in Berlin January 18, 2023

Europe faces another energy crisis that may start in the summer, leading gas and power prices to spike again. Europe won this winter’s battle in the energy war with Russian President Vladimir Putin, but will receive even less gas than last year.