The use of the ruble in settlements for goods and services exported by Russia to European partners was up 58.5% in March 2024 to record levels, according to data from the Central Bank of Russia.
In early May, Chinese President Xi Jinping visited Europe for the first time since 2019. The destinations of the visit were France, Hungary and Serbia. China sought to improve its relationship with Europe, but relations remain tense.
Global temperature is now near its peak due to El Niño aerosol decrease. How far will it fall in the coming La Niña? Less than expected.
Development bank makes downward revision in latest forecasts after worse than expected Q1 figures for Central Europe.
Consumer price indices in Czechia increased by 2.9% year on year and by 0.7% month on month as food, alcohol and tobacco prices spiked.
Students at the University of Ljubljana have occupied the main lecture hall at the Faculty of Social Sciences in protest over Israeli military operations against Hamas militants in the Gaza Strip.
Government says Liberty owner Sanjeev Gupta's restructuring plans are not realistic.
"We found that trees in warmer, drier climates are essentially coughing instead of breathing," a study by Penn State found.
Czech industry decreased by 2.7% year on year and by 1.6% month on month in March, the Czech Statistical Office (CZSO) reported. The drop comes after a slight 0.7% y/y increase in February, which ended a three-month skid in industrial output.
April 2024 set a global moisture record for the planet, reports climatologist Ben Noll
Power and gas utility group Premier Energy's IPO kicks off on May 8, raising funds for its expansion into renewables in Romania and Moldova.
CNB also improves its economic outlook for this year to 1.4% growth, up from the 0.4% growth it predicted in February.
S&P highlighted stronger contractions in production and weak client demand amid the burdens of the difficult manufacturing environment, which was also pressured by waning external demand.
The estimate released by the Czech Statistical Office follows a GDP drop of 0.8% in the third quarter of 2023 and a growth of 0.4% in Q4. Following the revision released by CZSO in late March, the Czech economy declined by 0.2% in 2023 overall.
EBRD research shows GDP per capita in 8 CEE countries that joined the EU in 2004 has close to doubled as a share of Germany’s GDP per capita.
Eastern EU members are growing much faster than the eurozone, but must focus more on innovation for a full catchup.
20 years after Central European countries' accession, the region's populists present a grave threat to the EU's fundamental values.
Czech interior minister says that Russia is “transgressing valid international agreements” after it refused to cooperate with Czech authorities on the case.
It is already clear that the estimated price of CZK160bn (€6.4bn), which the Czech government calculated in 2020, will be exceeded.
Apathy and lack of trust in national institutions, combined with ‘convergence fatigue’, have created favourable conditions for populist forces that have degraded the quality of institutions in many of the CEE states that joined the EU in 2004.