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Serbia weighs cutting fuel excise relief as oil prices ease

Serbia is considering a gradual reduction of fuel tax relief as oil prices ease, President Aleksandar Vučić said. He added that the country may...

Montenegro Extends Fuel Tax Relief Amid Global Oil Price Fluctuations

In light of persistent volatility in global energy markets, the Montenegrin government has announced an extension of its temporary reduction in fuel excise duties....

North Macedonia Experiences Surge in Cross-Border Fuel Demand Amid Price Adjustments

Recent developments in North Macedonia's fuel market indicate a notable increase in cross-border fuel demand, largely influenced by the country's competitive pricing strategy. Authorities...

Romania: Government to introduce fiscal measures including VAT and fuel tax increases to reduce budget deficit

In the coming weeks, the Romanian Government plans to finalize a series of fiscal tightening measures aimed at reducing the budget deficit. Key components of...

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Hungarian power prices surge as weak wind drives Southeast Europe higher

Hungarian electricity prices jumped nearly 12% for Tuesday delivery, driving a broader increase across Southeast Europe as a sharp decline in forecast wind generation...

TDI financing for 58 MW Iratoșu solar plant in western Romania

TDI Renewables has secured €25.5 million in financing from Raiffeisen Bank International for its 58 MW Iratoșu solar power plant in western Romania. The...

Nuclearelectrica revises 2026 outlook as Cernavoda outages drive replacement power costs

Romanian nuclear producer Nuclearelectrica has reduced its forecast for 2026 net profit by 42.9% to €221 million. The company attributed the change to prolonged...

MMK Vilusi requests environmental screening for 35 MW solar plant in Nikšić

MMK Vilusi has applied for environmental screening for a 35 MW solar power project in western Montenegro, with the development planned for the Nikšić...

North Macedonia extends oil-supply emergency framework to April 2027

North Macedonia has prolonged its oil-supply emergency framework, with the country’s parliament extending the measure until April 20, 2027. The extension keeps government powers...