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Sandu Defies Russia: Moldova Sets the Tone for Election Week
4 November 2024
Below find the highlights from the week as well as stories that will be developing in the near future.
New Polish coal mines, Hungarian phase-out: While climate discussions took place at the United Nations in New York this week, the Polish government has announced that new legislation will be introduced to open coal mines without local authority approval. Law and Justice appears keen to stimulate electricity generation through coal and retain electoral support from the sector, although this policy goes against EU-wide calls to reduce carbon emissions by 2050. Yesterday, a state-owned company opened the first new coal mine in 25 years in Jastrzębie-Zdrój.
Meanwhile, Hungarian President János Áder announced that Hungary would phase out coal-fired electricity generation by 2030. The reduced reliance on coal for electricity generation will be offset by solar power and higher energy efficiency standards.
Fast growth for Czech tech: Czechia has become a regional leader for the most innovative and developing tech companies. A recent Deloitte Technology report identified Czech companies such as Prusa Research (3D printing) and Kiwi.com (travel agency services) as part of the fastest growing in Europe, the Middle East and Africa region. This positive development has sparked interest from outside of the region. Earlier this year, an American investment fund bought a majority stake in Kiwi.com in an undisclosed deal.
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