The potential of the Polish economy is far from having been fully exploited, according to a recent Deloitte report “Investment in Poland: Unused Potential” by Marcin Diakonowicz and Julia Patorska, together with the Polish-German Chamber of Industry and Commerce.
Bulgarian and Serbian state-owned gas companies, Bulgartransgaz and Srbijagas, have reportedly opened talks over a new link with a capacity of 10-12 billion cubic metres (bcm) per year. “We have signed a memorandum with our Serbian counterparts under which, if we manage to implement our idea for a gas hub, they will make the necessary […]More
The European commission (EC) said in July that Hungary’s new scheme will help the country reduce CO2 emissions while preserving competition and is in line with EU rules on state aid. “The Hungarian support scheme will increase the share of green energy in Hungaryʼs energy mix, whilst preserving competition in the electricity market,” according o […]More
Workers at Volkswagen Slovakia ended their strike in early July over unmet demands for a 16% pay rise from the country’s largest private employer. Up to 90 per cent of the plant’s 12,300 employees downed tools after company officials offered an 8.6 per cent wage rise, trade union head Zoroslav Smolinsky at the VW plant […]More
The European Bank for Reconstruction and Development (EBRD) is launching an EUR100m Green Economy Financing Facility (GEFF) for the country to support Romanian households to save energy and money. Banca Transilvania is the first partner bank to start lending under GEFF, according to a statement. The framework is designed to help Romanian households invest in […]More
Hungarian cities are outperforming the EU average in terms of property registration and commercial dispute resolution, but lag behind in other areas, such as starting up a business and receiving construction permits, according to The World Bank’s “Sub-national Doing Business in the European Union 2017” report. The report benchmarks the capital, Budapest, alongside Debrecen, Győr, […]More