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.
Funds to back project aimed at developing a new generation of humanoid and quadruped robots capable of navigating pavements and crowded urban areas autonomously.
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.
State-controlled electricity utility group is eyeing acquisitions including Distribuție Energie Oltenia, currently owned by Macquarie.
Latest PMI reading follows a period of gradual recovery in Romania’s industrial sector.
After taking over the 155 MWp Rătești PV plant, Israel's Ecoenergy plans to add a 120 MW BESS facility.
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.
China's exports have become more similar to those from Central Europe and Turkey, as its share in global manufacturing exports surges.
Cris-Tim Family Holding is one of the largest meat processors and ready meal producers in Romania.
It appears that the ruling Party of Action and Solidarity (PAS) has won the general election in Moldova on September 28, but President Maia Sandu has taken a page out of the Kremlin's “managed democracy" playbook.
Pair arrested on suspicion of training Moldovan and Romanian citizens to carry out unrest during Moldova’s September 28 general election.
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.
Procedures drawn up after multiple Russian incursions into airspace of Romania and other Nato Eastern Flank countries.