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Central European Times @CE_Times

News and analysis from CEE

Joined March 2021
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Poland snubs Hungary's Orban as it begins its EU presidency. PM Donald Tusk prioritises Ukraine, sanctions on Russia, and a return to consensus after Hungary's controversial tenure. centraleuropeantimes.com/202… #EUPresidency #Ukraine #Poland

Poland begins EU presidency with Orban snub

Polish Prime Minister Donald Tusk said he will prioritise security, defence and support for Ukraine while strengthening sanctions on Russia, at the launch event of his country’s presidency of the...

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Austria in turmoil: Chancellor Karl Nehammer resigns after coalition talks collapse. Snap elections possible if mainstream parties continue to reject far-right Freedom Party. centraleuropeantimes.com/202… #AustriaPolitics #Nehammer #FPO

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Hungarian giant OTP triumphs at the Bank of the Year Awards, winning in Albania, Bulgaria, Hungary, and Slovenia for resilience and innovation. centraleuropeantimes.com/202… #BankingAwards #CEEFinance #OTPBank

OTP wins big at CEE bank of the year awards

Hungarian banking group OTP’s subsidiaries in Albania, Bulgaria, Hungary and Slovenia were ranked as the best banks in their respective countries at the Bank of the Year 2024 Awards organised by The...

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Poland’s EU presidency to focus on "Security, Europe!" amid rising geopolitical tensions and Russia's aggression in Ukraine. centraleuropeantimes.com/202… #EUPresidency #Security #Ukraine
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Czechia’s RegioJet named top rail operator in CEE for cost and quality by Transport & Environment - a win for competitive pricing and private innovation. centraleuropeantimes.com/202… #RailTransport #CEE #RegioJet

RegioJet CEE’s best rail operator - T&E report

Czechia’s RegioJet is the top-performing rail operator in Central and Eastern Europe (CEE) for cost and quality, according to the latest report of the European Federation for Transport and Environm...

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Romania, Bulgaria join the Schengen Area, eliminating land border checks with EU neighbours - a milestone in integration after years of delays. centraleuropeantimes.com/202… #Schengen #Romania #Bulgaria

Bulgaria, Romania to join Schengen free travel area

Romania and Bulgaria are set to become full members of the Schengen Area on 1 January, a significant milestone in their integration into the borderless zone. This represents the destination of a...

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Digital news in CEE is shifting: Estonia, Lithuania lead in trust, while Slovakia, Hungary grapple with misinformation, as Reuters’ 2024 report reveals a fragmented media landscape. centraleuropeantimes.com/202… #DigitalNews #CEE #Reuters

Poland leads CEE on media subscriptions - Reuters institute report

Digital news consumption in Central and Eastern Europe (CEE) is transforming, driven by evolving audience habits, technology adoption, and growing mistrust in traditional media, according to Reuters...

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Slovenia tightens border controls with Croatia, Hungary over migration concerns linked to Syria, balancing security with EU asylum obligations. centraleuropeantimes.com/202… #Migration #Slovenia #EU

Slovenia tightens border as EU pledges migration revamp

Slovenia has announced an increase in border controls with Croatia and Hungary, citing national security and escalating concerns over irregular migration, particularly linked to developments in Syr...

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🇱🇹 Lithuania’s new PM Gintautas Paluckas pledges to increase defense spending to 3.5% of GDP, balancing fiscal stability. Rising security concerns spark tax reforms & engagement with China. centraleuropeantimes.com/202… #Lithuania #Defense #Geopolitics #EU #China #Russia

Incoming Lithuanian PM prioritises defence

Lithuania’s new Prime Minister Gintautas Paluckas plans to increase the country’s defence spending to 3.5% of GDP in response to security concerns, he announced as he took office on Thursday, 21...

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🇹🇼 Taiwan strengthens ties with Poland & Lithuania through drone industry MOUs, expanding defence capabilities. Plans to produce 10,000 drones monthly by 2028. Economic ties with CEE grow. centraleuropeantimes.com/202… #Taiwan #DroneIndustry #Poland #Lithuania #Defense #Technology
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🇪🇺 Von der Leyen’s new EC team faces divides ahead of approval. Controversial appointments like Hungary’s Varhelyi spark debate, signaling a right-leaning agenda with pro-Ukraine & pro-European priorities. centraleuropeantimes.com/202… #EU #VonDerLeyen #Politics #EuropeanCommission
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🇷🇴 Romania's presidential election shock: • Far-right, pro-Russia Georgescu leads 1st round, defying polls. • Georgescu threatens Romania’s pro-Ukraine, pro-NATO stance. centraleuropeantimes.com/202… #RomaniaElection #FarRight #Geopolitics #NATO

Populist surge in Romanian presidential election sees PM humbled

Romania’s presidential election race delivered a shock result on Sunday, 24 November, as far-right, pro-Russia independent Calin Georgescu won the first round with 22.9% support, with 97.48% of the...

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📊 Romania's Economic Transformation: • GDP per capita surges from 25% to 80% of EU avg. • Workforce productivity tripled since 2000 • EU integration & foreign investment key drivers. centraleuropeantimes.com/202… #Romania #EconomicGrowth #EUIntegration #Development

Central banker proclaims Romania’s 'economic miracle'

Romania’s GDP per capita, measured in purchasing power parity relative to the EU average, has surged from 25% in the early 1990s to nearly 80% today, catching up with its Central and Eastern European...

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🌍 CEE nations rush to build gold reserves: • Poland, Serbia, Hungary, and Czechia ramp up gold buys amid inflation & geopolitical uncertainty. • Poland targets 20% of reserves in gold, Hungary hits 110 tons. centraleuropeantimes.com/202… #Gold #CEE #Inflation #Geopolitics

Poland world's biggest gold buyer in Q2, Q3

Poland was the world’s largest gold buyer in the second and third quarters of 2024, and central banks across Central and Eastern Europe (CEE) are enlarging their gold reserves at an unprecedented...

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🇭🇺 The forint hits historic low against the pound of HUF 501.5 • Moody's downgrades Hungary’s outlook to negative • High inflation, weak exports, and EU tensions trigger uncertainty. centraleuropeantimes.com/202… #Forint #Hungary #Economy

Forint tumbles after Moody's downgrade

The Hungarian forint plummeted to a near-historic low against sterling on Monday morning, with a British pound buying HUF 501.5. For Hungary, heavily reliant on imports, the forint’s fall inflates...

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🇷🇴 Romania election results: • Centre-left PSD leads with 22.5% in parliamentary polls • Far-right AUR rises to 17.7% • Anti-NATO Georgescu’s win stirs controversy Strong turnout suggests pro-EU coalition despite challenges. centraleuropeantimes.com/202… #Romania #ElectionResults

Romanian ruling party wins House elections to stem political crisis

Romania’s ruling centre-left party came first in parliamentary elections, according to preliminary results, one week after the surprise victory of a far-right, anti-NATO presidential candidate in the...

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🇦🇹 Austria’s economy weakens: • GDP shrinks 6th straight quarter • Industrial turnover down since March 2023 • Inflation steady at 1.9%, but core inflation >2% Wifo hints at downgrades for 2024-25. centraleuropeantimes.com/202… #Austria #Economy
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🇨🇿 Czechia debates euro adoption: • Pros: Price transparency, lower inflation, stable for businesses • Cons: Loss of monetary control, bailout risks NERV: ERM II & reforms first steps. Govt cautious, ANO opposes. centraleuropeantimes.com/202… #Czechia #EuroZone

Czech ministers consider euro adoption

A new report on the pros and cons of euro adoption from the Czech National Economic Council (NERV) warns that joining the eurozone would see Czechia lose control over interest rates and monetary...

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🛠️ CEE economies face tough recovery amid inflation & weak EU demand: • 🇭🇺 Hungary’s industrial output ↓ 3.2% in Q3 • 🇷🇴 Romania & 🇵🇱 Poland attract $27bn in FDI (2023) • 🇱🇹 Lithuania leads with 48% green electricity centraleuropeantimes.com/202… #CEE #Economy #OECD

FDI paints rosier picture for Poland, Romania - OECD report

Central and Eastern European (CEE) countries are still navigating post-pandemic economic challenges amid newer geopolitical tensions, according to the Economic Outlook December 2024 report from the...

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🚨 Romania's election annulled due to Russian interference! Pro-Russian Georgescu led 1st round, but Kremlin-linked manipulation exposed. NATO & EU allies on alert. TikTok's role in hybrid threats under scrutiny. centraleuropeantimes.com/202… #Romania #Democracy #ElectionIntegrity

Romania voids Russia-linked presidential ballot

Romania’s Constitutional Court (CCR) annulled the country’s presidential election on Friday, 6 December after the emergence of evidence of Russian interference in the lead-up to the first-round vote...

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