Lithuania decade’s most improved country in region, leading prosperity report finds
Estonia is named the most prosperous country in Eastern Europe, and the 21st globally, in the newly-released 2023 Legatum Prosperity Index. Legatum’s...
economy
Slovenia agrees on EUR 3.26bn funding strategy with European Commission
Slovenia will receive 3.26 billion euros in EU funding via a partnership agreement, the details of which it finalised with the...
As CEE energy costs soar, IMF says customers should pick up the bill
The International Monetary Fund (IMF) has recommended that European governments let consumers bear the brunt of rocketing domestic energy bills, in...
Inflation hits CEE harder than rest of EU
The EU annual inflation rate rose from 8.8% to 9.6% in June, the bloc's official statistics agency Eurostat reports. The inflation...
Bruising week for CEE currencies ends with slight rises for zloty, forint, Czech crown
The Czech, Polish and Hungarian currencies all weakened against the major global currencies this week, as recession fears intensified globally, impacting...
Croatia set to join the Euro
Croatia has been given the go-ahead to adopt the euro from the start of next year, when it will become twentieth...
Hungary to levy windfall taxes on banking, energy, telcos, airlines, retail, pharma, ads
Hungarian Prime Minister Viktor Orban announced that banks, insurance companies, retail chains, energy firms, telcos and airlines in Hungary will have...
Growth in CEE to slow to 3.5% – World Bank
The war in Ukraine is set to inflict twice the amount of economic damage that the COVID-19 pandemic did, the World...
Slovakia most resilient on consumption
Household consumption expenditure decreased by an unprecedented 8% in the EU year-on-year in 2020, according to a new survey by the...
Western Balkans bounce back from 2020, but reforms needed to narrow gap with EU
Although the six Western Balkan countries aspiring to join the European Union, referred to as the WB6, are expected to have...