News
Hungary’s state debt manager to double FX issuance target after government ups deficit forecast
Hungary’s Government Debt Agency has revised its financing plan after the National Economy Ministry raised its cash-flow deficit forecast by HUF651bn (€1.62bn) to HUF4.7 trillion for 2025 after the ministry released May budget figures.
World Bank, Erste and ING all slash Romania's 2025 growth forecasts
Downward revisions made amid growing concerns over fiscal imbalances, sluggish investment and political uncertainty.
Ukrainian refugees fuelled Polish economy with €16bn boost in 2024
The study by consultancy Deloitte for UNHCR found that nearly 70% of working-age Ukrainians in Poland now have jobs, just shy of the 75% employment rate among locals.
Slovak environment ministry permits shooting of 126 protected brown bears
The Slovak Ministry of Environment, headed by the SNS party nominee Tomas Taraba, has permitted the shooting of 126 protected brown bears since the beginning of this year, which includes 24 exemptions.
Georgian interior ministry undergoes major reshuffle
Reshuffle follows the resignation of sanctioned former Georgian interior minister Vakhtang Gomelauri and his deputy.
Bulgaria’s Constitutional Court rejects president’s request for referendum on euro adoption
Sofia recently got the green light from the European Central Bank and the European Commission to join the eurozone on January 1, 2026.
Wave of attacks rocks Colombia as peace process falters
A coordinated series of bombings and armed attacks across southwestern Colombia killed at least 8 people and wounded several others on June 10, exposing the mounting security challenges facing President Gustavo Petro's embattled administration.
US troops deploy to Panama for canal exercises amid sovereignty protests
US military personnel have commenced joint training exercises in Panama following a controversial bilateral agreement that has sparked widespread public opposition in the Central American nation.
Thunberg claims Israel 'kidnapped' Gaza flotilla activists in international waters
Swedish rights activist Greta Thunberg has accused Israel of "kidnapping" her Gaza-bound aid flotilla in international waters and committing a crime.
Iran, Venezuela to sign forgotten free trade agreement
Iran and Venezuela will finalise their long-awaited free trade agreement, with the text and annexes set for ministerial signing by June 12, the head of Iran's Trade Promotion Organisation said.
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Mexico’s Sheinbaum braces for first face-to-face with Trump at G7
Mexico’s President, Claudia Sheinbaum, will attend the G7 Summit in Kananaskis, Alberta, on 15–17 June 2025, in what will be her first high-level diplomatic engagement since taking office last year.
Hungarian PM delivers firebrand Pentecost speech at far-right rally in France
Hungarian Prime Minister Viktor Orban has declared that nationalist forces will seize control of the European Union within "a year or two", and is vowing to reshape the bloc from within and end what he calls the dominance of "Brussels bureaucrats".
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Talks begin on PLN1bn support plan for ArcelorMittal steelworks in Poland
Talks have begun over a public support package for steelmaker ArcelorMittal Poland’s plant in Dąbrowa Górnicza, with the government considering a PLN1bn (€230mn) allocation for the plant’s modernisation.
Romania's coalition talks drag on past deadline
Missed deadline does not bode well for formation of multi-party coalition able to launch urgent fiscal reforms.
Bosnia’s Republika Srpska arrests opposition leader
SDS accused Republika Srpska's ruling SNSD of a "terror" campaign against the opposition after party leader Milan Milicevic's arrest.
Czech government reiterates domestic suppliers will have 60% share in Dukovany nuclear project
The Czech government reiterated that domestic suppliers will have a 60% share in the CZK407bn (16.4bn) project to construct two new blocks at the Dukovany nuclear power plant.
Russia bringing in de facto visa regime for Central Asia nationals, say critics
Rights campaigners, meanwhile, hit out at digital controls on migrants in country that they say will be used to corner people into joining armed forces.
Russia seeks to resume 5+2 talks on Transnistria, hints at new energy crisis
Fears Moscow could trigger a new energy crisis in separatist Transnistria if the pro-EU PAS wins Moldova's autumn general election.
Argentina's Milei and Italy's Meloni forge energy alliance with Eni-YPF LNG deal
Argentine President Javier Milei met with Italian Prime Minister Giorgia Meloni in Rome. The meeting culminated in the signing of a key LNG project between YPF and Eni.
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Taiwan courts Guatemala with tech aid as China pressure mounts
Taiwan has pledged to deepen technological cooperation with Guatemala as the self-ruled island races to shore up diplomatic support against Beijing's relentless campaign to isolate it internationally.