Renewable power plants with a combined capacity of 254 megawatt (MW) - mostly micro-systems - have been connected to Tauron Dystrybucjaʼs network in the first half of 2020, Polish energy company Tauron Polska Energia SA said Monday as cited by news portal Renewables Now.

The World Bank said it has approved a USD 15 million loan to Albania to provide the country with emergency support to its healthcare system in order to better respond to the COVID-19 pandemic.

Tokeportal.hu is set to hold an online conference with Hungarian and international experts focusing on topics such as crowdfunding, sustainable finance, and impact investment on August 12, according to a press release sent to the Budapest Business Journal.

Despite the ongoing COVID-19 pandemic, one in eight entrepreneurs is planning to invest in their business in the near future, a Polish survey has found reported the Polish News Agency (PAP).

Hungaryʼs Finance Ministry is reviewing the possibility of introducing a tax exemption on pálinka, the national eau de vie, as early as 2021, a year before a recently issued European Union directive allows the preference, state secretary András Tállai told Hungarian news agency MTI.

The number of active coronavirus cases in Hungary stands at 534, according to data by government coronavirus information site koronavirus.gov.hu.

Croatiaʼs gross foreign debt rose 1.8% month-on-month in April, reaching EUR 41.2 billion, preliminary central bank figures show.

Every year, 200,000 children take part in environmental education programs in the visitor centers and ecotourism facilities of the national parks, said the State Secretary for the Environment of the Ministry of Agriculture András Rácz at the Holnapocska Camp, in the Kápolnapuszta Buffalo Reserve, writes agroinform.hu. 

Magyar Telekomʼs profit before income tax was down 33% at HUF 17.02 billion and after-tax profit was down 42.3%at HUF 10.66 bln in the first half of 2020, state news wire MTI reports, citing an earnings report published late Wednesday.

Romaniaʼs producer prices declined at a softer pace in June, data from the National Institute of Statistics (INS) showed on Tuesday. 

More than 100,000 previously withheld diplomas have already been issued by universities and colleges due to the waiver of the language exam, of which 81,000 have been received, the Ministry of Innovation (ITM) told Magyar Nemzet. 

The foreign exchange (FX) reserves held by Romaniaʼs central bank, excluding gold, totaled EUR 36.249 billion (USD 42.6 billion) at the end of July, up from EUR 35.002 billion a month earlier, the central bank said on Monday. 

Kata Mazsaroff will assume the role of Leasing Director at premium Hungarian real estate developer Horizon Development from September 2020, according to a press release sent to the Budapest Business Journal.

The unemployment rate in the Czech Republic rose marginally to 3.8% in July from 3.7% in the previous month, economics portal Trading Economics reported citing data released by the countryʼs Ministry of Labor and Social Affairs. 

Coca-Cola Hungary’s environmental protection CSR program Zero Waste Tisza won awards in two categories (Environmental and Community Relations) at the 2020 Golden World Awards of the International Public Relations Association (IPRA), according to a press release sent to the Budapest Business Journal.

Erste Bank Hungary broke even in the first half as provisions for expected impairment wiped out earnings, chairman-CEO Radovan Jelasity said at a press conference on Wednesday, according to a report by state news wire MTI.

The Slovenian state budget recorded a EUR 1.92 billion deficit in the first six months of the year, mostly on the account of a considerable drop in revenue related to a lower tax yield as the government introduced restrictive anti-epidemic measures, the Finance Ministry said.

The Government Debt Management Agency (ÁKK) sold a combined HUF 21.5 billion of securities at auction on Wednesday, under the HUF 30 bln plan because of poor demand for a 12-year T-bill, according to a report by state news wire MTI.

The number of active coronavirus cases in Hungary stands at 534, down from 540 yesterday, according to data by government coronavirus information site koronavirus.gov.hu.

Corporate borrowers made net repayments of HUF 34.2 billion on their loans in June, state news wire MTI reports, citing data released by the National Bank of Hungary (MNB) on Wednesday.