wiiw economist Richard Grieveson says the CEE region’s long-standing model of attracting FDI through low labour costs no longer works.
The Tax Foundation has released its International Tax Competitiveness Index which highlights the most competitive tax rates in different countries around the world. For the 11th consecutive year, Estonia had the highest score in the index.
The European Union remains heavily dependent on China and Russia for rare earth imports, with nearly three-quarters of its supply sourced from the two countries in 2024, according to data published by Eurostat and reported by Statista.
In their speeches on the war in Ukraine, European leaders appear like a video clip looped on repeat. Standing before the cameras they declare new packages of support for Kyiv and threaten new measures to pressure Russia as if it was still 2022.
The European Union must embrace “pragmatic federalism” to respond to mounting global and internal challenges, said former Italian prime minister Mario Draghi of Europe’s failure to face an accelerating slide into irrelevance.
Fiscal fragility, weakening industrial demand from Germany, and the prolonged fallout from Russia’s war in Ukraine threaten to undermine growth momentum in parts of the region.
Lithuanian officials have accused Belarus of sending balloons across the border to transport contraband goods or disrupt air traffic near Vilnius.
Lithuania’s economy remains highly sensitive to the industrial cycle in Germany, its third largest trade partner.
Proceeds to be used to refinance €150mn in existing bonds and to expand Eleving's loan portfolio.
Belarus' President Alexander Lukashenko has opened the door to direct dialogue with Kyiv as part of negotiations to end Russia’s war in Ukraine, as he launches a diplomatic drive to break the republic’s isolation and dependence on Russia.
The European Union’s Carbon Border Adjustment Mechanism (CBAM) will enter its full operational phase on January 1, 2026, marking a major shift in global climate and trade policy.
Global renewable energy capacity is on course to double by 2030, reaching 4,600 GW—comparable to the current combined total of China, the European Union and Japan—according to the International Energy Agency’s Renewables 2025 report.
Lithuania’s cultural community has vowed to press ahead with protests over the government’s decision to hand the culture ministry to the radical right Nemunas Dawn party.
The European Commission is gearing up to sign its contentious trade agreement with South American bloc Mercosur on December 5 in Brazil, possibly sealing the fate of an accord that has languished in negotiations for more than a quarter-century.
European diplomats warned the Kremlin that Nato is prepared to shoot down any Russian fighter jets that violate their airspace, as military tensions between the EU and Russia continue to mount.
Protests erupt after viral video shows incoming Culture Minister Ignotas Adomavicius dancing lewdly in a hot tub.
Poland will lead an effort to build a “drone wall” to block Europe’s airspace to swarms of Russian UAVs should a pan-regional war ever break out.
European officials fear that US President Donald Trump’s dramatic U-turn on Ukraine is a back door plan to shift responsibility for the West’s failure to prevent Ukraine’s defeat in its war with Russia or help it recover afterwards.
Development bank downgrades 2025 forecasts for Central and Eastern Europe citing weak external demand, rising debt and the impact of US tariffs.
Brussels will start cutting red tape with the so-called omnibus legislation this autumn as it sets out to make Europe competitive again, Politico reported on September 17.