There are many things the Czech Republic is very well known for, one of them being Czech Glass. To be more specific, Bohemian Crystal. The production of Bohemian Crystal, from the Bohemia and Silesia regions, is a rich centuries-old tradition that is still thriving today.
CEE countries lost almost 50 years stuck on the wrong side of the Iron Curtain. Although the Berlin Wall fell more than three decades ago, they still have not managed to make up for the years wasted by communism.
Countries with the right balance between services and manufacturing economies are more resilient to various shocks. This is the lesson from the crises in the last two years, and Central Europe has done its homework.
Innovativeness is a glamourized factor that is supposed to cure all the economic problems of the countries and the world. But do all countries need to be innovative to grow their economies?
Most of the Three Seas countries are not heavily indebted. However, they are importers of capital, which must be taken into account when making economic policy decisions.
It would be an understatement to say that Polish company Creotech Instruments has been moving at light speed since its founding in 2012. The company has grown from startup to space giant in a mere decade, with plans to go public on the Warsaw Stock Exchange this summer.
Central and Eastern European countries observe relatively low rates of unemployment, which are generally lower than in “Old EU” countries. While this might be seen as a success, the reality is not as optimistic as the data suggests.
The RPG game “This War of Mine” about civilian life in under-siege Sarajevo was the first videogame in the world to ever make it into school curriculum.
Central European countries have become hubs for the automotive industry in recent years. Now, we are entering an era of turbulence when traditional business models will be deeply reshuffled, creating challenges and possibilities in the automotive sector.
For many years, post-communist Central Europe could only watch other regions of the world prospering thanks to the rapid development of the digital market. Oh, how times have changed.
With two million citizens and a whopping 1.5 thousand kilometers squared, the Silesian Conurbation is a much larger urban area than the Polish capital – Warsaw. It consists of multiple cities that grew to meet each other’s borders.
The beginning of the war in Ukraine overlapped with the annual seasonal increase in gas consumption and the diminishing amount of gas in storage. Could a lack of supply of this valuable natural resource mean an unusually cold winter for millions of Europeans?
A report authored by the International Monetary Fund in late 2020 remains the most detailed account of the size of the infrastructure gap between the western and eastern parts of the EU.
The UK may not be an EU member state anymore, but even so, Albion has interests in the region that seem set to strengthen in connection with the increased focused security issues connected to Ukraine and NATO's eastern flank.
Who would have guessed that the Damask rose, brought from Persia through Syria to Bulgaria back when the country was part of the Ottoman Empire, would one day acquire cult status? It's so essential that Bulgaria is even called the "Land of Roses." And for good reason.
Economic relations between Three Seas countries and Ukraine before the war were strong compared to other EU countries. This provides a solid foundation on which future relations can be strengthened.
At the end of March, Poland announced it would halt imports of Russian oil by the end of 2022, and the European Commission followed suit, proposing a ban on 4 May.
Following Russia’s invasion of Ukraine, countries are scrambling to get their hands on massive vessels that can regasify Liquified Natural Gas into regular gas. These floating LNG terminals will be a big part of the solution when the EU moves away from Russian gas, but will Finland and Estonia be able to put them to good use?
Thanks to significant economic growth in the Three Seas region over the last few decades, housing prices have risen accordingly. In today's housing market, where can you find the best deals, and which cities are the most expensive?
Against a background of consumer inflation already on the rise, the Russian invasion of Ukraine has only added more fuel to the fire, driving inflation sharply higher.
The government in Sofia is taking measures to replace Russian gas ahead of the warming season this winter while also helping Ukraine to survive the Russian’s Army’s onslaught in the Donbas.
The prime ministers of all three Baltic States declared they had stopped buying Russian gas. This happened just as Gazprom halted deliveries to Poland and Bulgaria. Are other countries in the region ready to end their reliance on Russian supplies?
The Port of Gdańsk, as the leading container terminal on the Baltic Sea, is slowly becoming a key transport hub in the development the 3Seas Initiative (3SI). In fact, the entire Polish coast, with its key transshipment ports. is turning into a so-called Northern Gateway.
The Ruse-Varna railway line, the original final stretch of Europe’s Orient Express, is about to be modernized, benefiting Bulgaria, the EU, and the Three Seas Initiative.
The Ionian-Adriatic gas pipeline is entering a crucial planning phase. If everything goes according to plans, Azeri gas will soon start flowing to countries in the Western Balkans and further north.
The construction of the BRUA gas pipeline has received another permit, making it more likely that Europe will be able to increase the diversification of its energy supplies.
For a little over a year, Croatians and others living in Central Europe have had access to natural gas from a new source. Gas shipped in from across the world will help our planet from overheating and provide more supply security.
Ever since European countries experienced a sharp drop in Russian gas supplies through Ukraine to Europe in early 2006, people in Central Eastern Europe have been aware of the need to diversify the imports of natural gas.