Five EU member states bordering Ukraine will be allowed to keep some of their restrictions on imports of Ukrainian agricultural produce in place until September 15, the European Commission decided on June 5.
European electricity consumers will save some €100bn on their energy bills, due to the rapid expansion of renewable energy sources caused by the Russian induced energy crisis the International Energy Agency said in a report.
Czechia, Estonia and Slovakia are planning budget cuts at a time when interest rates are still painfully high and many economies have yet to emerge from recession.
European leaders stress the importance of European solidarity and affirm support for states on the continent’s Eastern Flank.
The French president tried to persuade sceptical East Europeans that they had nothing to fear from a Europe that was more self-reliant in security – and he almost pulled it off.
The failure of the Nation Alliance under optimal conditions shows that 'big tent' coalitions under a single list often do not succeed in extending the opposition's reach.
Democratic governance deteriorates in Emerging Europe and Central Asia, with worst declines in already authoritarian regions.
Verdict being seen as a major blow to the country’s anti-corruption efforts.
The first investments are due to begin in six counties in sub-Saharan Africa in 2025.
Inflation remains a drag on growth in Emerging Europe, along with sluggish growth in advanced economies and stricter financing conditions in Central Europe and the Baltic states.
Former premier Robert Fico has accused Caputova of being an American agent and of being linked to the far right's bogeyman George Soros.
Prime Minister Eduard Heger resigned when his position became untenable after a series of resignations from his caretaker cabinet.
I have been writing that we are facing a period of high inflation since long before it was fashionable. Now I believe that, on the balance of probability, we face an entire decade of high inflation.
Heger's unannounced address appears to be an attempt to forestall President Zuzana Caputova appointing a technocratic cabinet to govern the country amid the growing chaos.
Fires in 45 countries burnt an area the size of Montenegro, with Ukraine, Spain and Romania the worst affected countries.
The grain crisis has been a huge embarrassment for the EU and in particular for its CEE members, who have otherwise been among the strongest supporters of Ukraine.
The Central, Eastern and Southeast Europe economies have largely digested the economic shock caused by the war in Ukraine and are heading for modest growth this year, says wiiw.
New data shows that the EU is still among the largest importers of oil products from Russia, which are routed through 'laundromat' countries to avoid sanctions, according to the CREA.
Central and Western Europe spend more in real terms than in 1989, the last year of the confrontation with the Soviet Union.
Decarbonisation costs predicted to put up region's average debt/GDP levels by 7pp by 2030.