Hydro needs new investment to replace elderly infrastructure and accelerate the road to net zero, the IEA says.
EU set to launch yet another infringement action against Hungary, as 17 EU leaders sign letter pledging to 'continue fighting against discrimination of the LGBTI community'.
This week the Czech National Bank increased its key interest rate for the first time in the last 16 months, while the Hungarian National Bank did so for the first time in the last 10 years.
162 GW, or 62%, of new renewable capacity was cheaper than new fossil fuel-fired generation in 2020
Thirteen EU states have condemned Hungary’s law in a joint statement, saying the anti-LGBT clauses of the bill violate the right to free expression.
MNB becomes first central bank in the EU to raise rates since the outbreak of the pandemic.
The economies of Central and Eastern Europe (CEE) are bouncing back from the pandemic recession but this will also stimulate inflation, posing a dilemma for central banks.
Hungarian and Czech central banks could be first in EU to raise rates despite ongoing pandemic.