Bulgaria has the EU's lowest labour cost, while Romania still lags well behind Poland and Hungary.
The UN’s World Meteorological Organisation has issued a “red alert” on the climate crisis, citing unprecedented increases in 2023 in greenhouse gases, land and water temperatures and melting of glaciers and sea ice.
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.
The economies of Central and Eastern Europe (CEE), which experienced a period of stagnation last year, are poised for a modest revival in 2024, but both the Russian and Turkish economies are already overheating.
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.
Romania has been catching up with the EU average faster than Hungary, which fell into recession in 2023.
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.
Glapinski faces vote in the parliament that could open the way to a trial before the State Tribunal.
Water is not only the basis of life for animals and plants but is also likely to become a contested resource in parts of the world in the coming decades, reports Statista.
Central Europe's largest betting company reportedly valued at up to €2bn.
Consumption is expected to drive Polish economic growth in 2024 to 3%-4% after an expansion of just 0.2% last year.
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.
Poland's producer price index declined 10.1% year on year in February, following a revised fall of 10.4% y/y in January.
Any attempt to put Glapinski before the State Tribunal is likely to provoke anger from the European Central Bank.
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.
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.
The global green transformation will create a windfall for many Emerging Markets that are home to large deposits of essential raw materials needed for the revolutions, while others like oil producers will take a hit and see their growth slow.
LPP fiercely denies claims by Hindenburg Research that it had faked an exit from Russia following the outbreak of the war in Ukraine.
Poland’s core inflation eased growth to 5.4% y/y in February after growing 6.2% y/y the preceding month.
EU ambassadors agreed to back a new €5bn Ukraine Assistance Fund on March 13, part of the EU's off-budget European Peace Facility (EPF) that is used to partially reimburse member countries for the weapons they provide to Ukraine.