Keyword: Central Europe

Baltic Team

Komentarze IEŚ 753
- Baltic Team

Kazakhstan: questionable source of crude oil supply for Central European refineries

The entry into force on December 5, 2022 of European Union sanctions against Russia, which prevent the import of crude oil from that country by sea, has forced refiners in Europe, including those in Central Europe, to seek alternative grades, including from Kazakhstan. On one hand refineries in Germany are counting on crude oil supplies from that country, but the direction of...

More →

Baltic Team

IEŚ Commentaries 565
- Baltic Team

Without consensus: Central European countries move towards oil and gas embargo of Russia

Central European countries have different approaches to the possibility of introducing sanctions against Russia, among them suspending the import of crude oil and natural gas. While all states condemned Russia’s armed aggression against Ukraine and supported economic and political sanctions, there is no full agreement on sanctions relating to energy. This type of approach is due...

More →

Baltic Team

IEŚ Commentaries 390
- Baltic Team

The New European Bauhaus: the challenges of Central Europe in terms of energy-efficient construction

The path to the ambitious European Union goal of climate neutrality leads largely through energy-efficient construction. Its creation is to be fostered by the New European Bauhaus – an initiative aimed at bringing together the knowledge and experience of representatives of various fields in order to redirect construction to low-carbon tracks. The countries of Central Europe face...

More →

Baltic Team

IEŚ Commentaries 345
- Baltic Team

When food is scarce – Poverty in Central Europe

The picture of Central European poverty is clearly differentiated. In the Czech Republic, the rate of people at risk of poverty or social exclusion is the lowest in the entire European Union, while in Bulgaria – the highest. In total, 22 million citizens of the “new” EU countries were affected by this problem before the COVID-19 pandemic. The forecasts indicate...

More →

Visegrad Team

IEŚ Commentaries 273
- Visegrad Team

The impact of COVID-19 on the fiscal policies of the Central European countries

Within six months of the announcement of the COVID-19 pandemic, the Central European countries spent nearly 10% of GDP on fiscal support. This decisive response by governments is mitigating the effects of the economic crisis, saving companies and preserving jobs. However, an increase in expenditure with lower budgetary revenues inevitably leads to a deterioration in the...

More →