CESEE banks expect credit conditions to tighten and NPLs to rise

bne IntelliNews December 7, 2022

With most COVID-19-related support measures having been phased out, borrowers are now being put under pressure by surging inflation and sharply rising interest rates.

No confidence motion in Slovakia to be decided by independent MPs

Albin Sybera December 7, 2022

The political crisis comes at a time when unrest is growing at the political chaos and the botched response to the worsening cost of living crisis.

Foreign investment has transformed Eastern Europe, says wiiw report

Robert Anderson in Prague December 2, 2022

Foreign investment will continue to have a vital role to play in the region’s development, particularly now that international companies are rethinking their supply chains.

Slovak government faces vote of no-confidence next week

Albin Sybera December 2, 2022

The vote comes as public support for the government has collapsed amid political divisions and defections and the perceived failure of the cabinet to get a grip on the worsening cost of living crisis.

bneGREEN: EU energy ministers agree to speed up permitting and deployment of renewables temporarily

Roberta Harrington in London November 29, 2022

A final decision – formal approval – on the new regulation may occur at another emergency meeting on December 13.

V4 leaders meet as EC poised to take unprecedented action towards Hungary

Albin Sybera November 25, 2022

Hungarian premier Viktor Orban reiterated Hungary’s opposition to the EU’s efforts to raise cash for Ukraine on financial markets, and says its parliament will ratify Sweden and Finland's Nato membership in 'a month and something'.

bneGREEN: ING: Euro sustainable bond supply set to stagnate in 2023

Nadège Tillier is Head of Corporates Sector Strategy at ING, Maureen Schuller is head of financials sector strategy at ING, Benjamin Schroeder is a Senior Rates Strategist at ING November 23, 2022

Euro sustainable bond issuance in 2023 is not likely to repeat the growth rates seen in the last few years. While governments and agencies could slightly accelerate ESG issuance in 2023, financial institutions' ESG bond supply will lose some steam.

Orban sparks diplomatic storm with football scarf featuring Greater Hungary

Tamas Csonka in Budapest November 23, 2022

Ukraine, Romania, Croatia, and Slovakia protested against the gesture, which comes at a time Hungary faces growing isolation in Europe.

Ukraine faces one of worst declines in GDP from a war, says EBRD

Robert Anderson in London November 22, 2022

The contraction in Ukraine’s GDP will be among the worst 10-20% of those in conflicts in the last 200 years, the development bank predicts in its 2022/23 Transition Report.

EBRD warns of risk of 'zombification'

Robert Anderson in London November 22, 2022

Development bank recommends countries should now gradually dial down help to vulnerable companies, so they can either learn to adapt to the new climate of higher interest rates or exit the market by going into insolvency.

Czech premier to attend V4 meeting despite boycott of Hungary by parliamentary leaders

Albin Sybera November 21, 2022

Contrasting stances demonstrate differences within Czechia on how to respond to Budapest's collaboration with Moscow.

Slovakia’s public broadcaster's news chiefs dismissed after airing one-hour long opposition speech

Albin Sybera November 21, 2022

News channel's director live streamed Robert Fico's speech to party meeting on public holiday without informing broadcaster's director-general.

Private equity poised for growth surge in CEE despite macro and geopolitical crises

Clare Nuttall in Glasgow November 16, 2022

Fund managers surveyed by Bain & Company point to region’s strong macroeconomic fundamentals and catch-up potential.

NEMETHY: The cure for high prices is – high prices

Les Nemethy CEO and founder of Euro-Phoenix Financial Advisors November 15, 2022

Prices are important economic signals. High prices – whether for energy foodstuffs, etc., are signals to the world to (a) supply more; (b) substitute; or (c) conserve. But how do you bring inflation down?

Slovakia's InoBat plans electric vehicle battery factory in Serbia

bne IntelliNews November 15, 2022

New gigafactory to help to meet the growing demand for electric car batteries in Europe.

bneGREEN: REPowerEU rules still leave loopholes for gas investment

Richard Lockhart in Edinburgh November 11, 2022

The European Parliament has approved temporary emergency regulations to accelerate the deployment of renewable energy across the EU, but gas investment is still allowed

CONFERENCE CALL: Central Europe's populists follow the Putin playbook to control the media

Robert Anderson in Prague November 11, 2022

Ruling parties are turning state broadcasters into propaganda mouthpieces, spreading disinformation, and using friendly private or state-owned companies to build sycophantic media empires.

Slovak customs authorities reportedly allowed dual-use exports to Russia

Albin Sybera November 8, 2022

Foreign affairs committee chief says “Slovakia is a security hole”.

Slovak president sets date for referendum on early election

Albin Sybera in Prague November 4, 2022

Constitutional Court ruled that first question asking whether citizens wish the current cabinet to resign is unconstitutional.

Controls at the Czech-Slovak border could last until mid-December

Albin Sybera in Prague November 3, 2022

Slovak Interior Minister Roman Mikulec has described Czech controls as breaching the Schengen Treaty, adding that Czechia is also breaching Europe’s readmission treaty.