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EU prepares to cut billions in funds to anti-democratic members

The European Union may move in a matter of weeks to punish countries that don’t uphold the bloc’s democratic standards by withholding emergency pandemic...

EU provokes fierce backlash on plans to label nuclear and gas as ‘green’ investments

The European Union has prompted a furious backlash over plans to label nuclear and gas as “green” investments, with Germany describing the proposal as...

Pipeline rupture halts gas shipments through Balkans

Bulgaria's gas-network operator, Bulgartransgaz said it has halted the transport of natural gas to Romania, Serbia and Hungary after a pipeline rupture, according to RFE/RL. Bulgartransgaz announced...

East EU real-estate developers focus on refurbs as costs jump

Skyrocketing construction costs and a growing focus on the environment is triggering a shift in eastern European real-estate developers towards the green refurbishment of...

BRK Financial Group lists its first bonds worth RON 25mln on BVB

Romanian brokerage company, BRK Financial Group (BRK) listed its first bond issue worth RON 25 mln on the Bucharest Stock Exchange (BVB) main market...

France, Czech Republic and others push for nuclear in EU’s green investment rules

France, Finland, the Czech Republic and other central and eastern European countries have jointly pushed for nuclear energy in the European Union's upcoming sustainable...

EU should pay for walls against migrants, 12 nations tell bloc

Twelve member states have urged the European Union to pay for countries to build walls to prevent illegal migration, in a letter sent to...

Hungary offers to care for Romanian COVID-19 patients

Hungary has offered neighboring Romania help in caring for coronavirus patients as the country faces an alarming surge of COVID-19 cases and a shortage...

Pope in Slovakia warns European countries against being self-centred

Pope Francis warned against too much focus on individual rights and culture wars at the expense of the common good on Monday during a...

Hungary plans multi-tranche bond sale to cover EU funding delay

Hungary plans to offer a range of dollar and euro bonds to shore up its budget as it’s facing a potential delay in accessing...