As the climate crisis accelerates, banks are facing increasing financial risks and have begun to try to assess their exposure to the trillions of dollars of damage extreme weather will do every year.
Germany’s slow recovery is dampening growth prospects for Central and Southeast European economies.
Poland’s industrial production fell 6% year on year in constant prices in March (chart), after a gain of 3.3% y/y the preceding month, unadjusted data from the statistical office GUS showed on April 22.
Government queries president's comments, while Moscow attacks them as "provocative".
Construction is expected to start in 2026, but the head of nuclear power SPV Polskie Elektrownie Jadrowe (PEJ) warns the costs will be high.
PwC and CEE Digital Coalition believe the Central and Eastern Europe region has the potential to create the EU’s Silicon Valley.
The amount of money Czechia spent on Russian energy imports until the end of 2023 could finance more than three weeks of Russian fighting in Ukraine.
The inflation rate landed within the National Bank of Poland’s target of 1.5%-3.5% for a second successive month
A special commission will now look at the proposals in order to hammer out a compromise text.
After spiking to 20-year highs thanks to the pandemic and Europe’s Russian induced energy crisis, inflation rates across the EU have tumbled in recent months. That trend has ended and CEE central banks are expected to hike rates again in 2H24.
'National champion' oil group humiliated by deal with unchecked middleman in scandal that only emerged after dismissal of CEO appointed by PiS government.
While digital infrastructure in the region is growing, support infrastructure designed to handle the growth in demand is what requires investment.
Conservative coalition deputies likely to vote down liberalisation, resulting in a spectacular government defeat.
Methane emissions are 80 times more damaging than carbon dioxide. Rather than falling, they are currently at an all-time high and rising. The IEA says they need to fall by 75% by 2030 if the Paris Accord targets are going to be met.
Poland, Slovakia and Hungary slam European Parliament's migration compromise.
The EU is preparing a new fourteenth package of sanctions that is slated for adoption in the coming months, but is unlikely to introduce any new products and will focus mostly on enforcing the existing thirteen rounds of sanctions.
Industry minister says new plan is to link coal-fired power plants with specific mines instead.
On Monday, 8 April, Germany sent an advance team of 20 soldiers to Lithuania, laying the groundwork for the recently discussed establishment of a permanent brigade in the Nato country, Statista reports.
Concentrations of CO2, methane and nitrous oxide climbed to record levels in the global atmosphere in 2023, contributing ever more to the climate crisis. This is according to scientists from the US National Oceanic and Atmospheric Administration.
The EU has exited the heating season with a record volume of gas in storage, following another mild winter and as a result of reduced industrial demand and a concerted effort by policymakers to boost stockpiles.