After ranking second in the EU two years ago, production has now sunk back amid rising costs and legislative hurdles.
It is likely that it is just the second registered finding of such a phenomenon in the world this century – and the last one was also in Estonia.
Growth is predicted to fall to 3.7% in 2022 and 3.5% in 2023 because of base effects, monetary tightening and more significant external headwinds.
Highest-ever COVID-19 infection figures force government to consider month-long lockdown.
While the current gas crisis in the EU sees record-high wholesale gas prices, hurting consumers and causing the latest round of a supply disputes with Russia, the race to net zero by 2050 could have deeper long-term consequences for EU gas demand.
Annual CEE Strategic Transformation Index puts Slovenia top in CEE (after Austria), followed by Czechia and Poland.
All three Baltic states are currently among the EU's worst affected countries.
Government weaponises refugees as threat to Poles, while opposition accuses it of violating international law by not allowing them to file for protection.
Lithuania is the first Central European country to resort to tightening the public health rules as infections rise amid the fourth wave of the pandemic.
The lowest motorisation rates were found in Romania (357 cars per thousand people), Latvia (381 cars) and Hungary (390 cars).
Softline, an international solution and service provider with Russian roots, is pursuing its international expansion with two deals announced this month.
Finland’s Betolar is pioneering the production of low-carbon cement by using alternative industrial waste products in a process that could reduce CO2 emissions by up to 80%.
Targeted EU fiscal rule reform is desirable but should consider the inherent risks for smaller member states.
Startups in emerging Europe developing alternative proteins are part of a growing movement aimed at helping to fight climate change and feed the world’s expanding population.
High demand for wood for the booming global furniture market, poverty, persistent corruption and huge areas of sparsely populated forest land combine to create the conditions for illegal logging in Emerging Europe.
Alar Karis was elected as president at the second attempt as the only candidate on the ballot.
Centre-right coalition nominates director of the Estonian National Museum after tiring of liberal President Kersti Kaljulaid's outspoken comments.
Lithuania has passed legislation to ban electricity imports from Belarus, but power from Lithuania’s hostile and unpredictable neighbour keeps trickling across the border through four 330-kV interconnectors.
Revenue rises 75% as mobility platform becomes third largest European scooter operator in the peak season.
The fact the Biden administration pulled the plug on allies and friends in Afghanistan, and against the advice of allies in Nato, just affirms its all encompassing focus on China in foreign policy.