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.
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.
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.
Major new investments in marinas at Vlora in Albania and Rijeka in Croatia are going ahead, as infrastructure is developed along the eastern Adriatic coast.
Two separate incidents within days resulted in the deaths of 17 people, mostly children.
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.
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.
Albania, Kosovo and Romania stand out with strong projected growth in 2023-25, wiiw forecasts show.
High food and electricity prices continue to drive inflation despite slowdown in price growth for other categories.
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.
Steepest declines were for car fuel and other non-food goods, while food sales also slowed.
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.
European gas tank storage hit a low of 55.36% full at the start of April 1, and the volume held in tanks has grown since then to 57.94% full as of April 23, according to data from GIE.
As results come through from Slovenia’s largest listed companies, there are stark differences in how the economic and political upheavals of the last year have treated them.