Growth in CEE to slow to 3.5% – World Bank

3 years ago

The war in Ukraine is set to inflict twice the amount of economic damage that the COVID-19 pandemic did, the…

Hungarian gov’t-friendly firm buys Sberbank share in Croatia’s Fortenova

3 years ago

Russia's Sberbank has sold its 43% stake in Fortenova to Hungarian-US investment fund Indotek Group, Croatian daily Jutarnji List reported.…

NATO plans to bolster defences in east, says Sec-Gen Stoltenberg

3 years ago

NATO leaders will formulate plans to bolster its eastern flank across Central and Eastern Europe at a summit in Madrid…

Hundreds of Russian envoys expelled from EU

3 years ago

Over two hundred Russian diplomats have been sent home from countries in Europe this week, in response to scenes of…

EU bans Russian ships from Europe’s ports

3 years ago

The EU banned Russian seafaring vessels from entering European ports, as it approved its fifth tranche of sanctions against Russia…

Orban won by a landslide, but Hungary’s economy is sliding too

3 years ago

The Hungarian Ministry of Finance took the unusual step of issuing a public statement aimed at international investors on Friday.…

EU deducts unpaid fines from payment to Poland

3 years ago

The Polish Finance Ministry confirmed on Thursday that the European Commission (EC) has paid Poland EUR 30 million less in…

Russian firms flock to Serbia post-invasion

3 years ago

Nearly 300 Russian companies and nationals have been registered in Serbia since Russia launched its invasion of Ukraine on 24…

Nuclear plant expansion is on, Hungary PM says, as FM calls sector sanctions ‘a red line’

3 years ago

The EUR 12.5 bn expansion of Hungary’s only nuclear power plant at Paks remains viable, Hungarian Prime Minister Viktor Orban…

Hungary’s Tungsram needs gov’t bailout

3 years ago

The chairman-CEO of one of Hungary’s oldest and best known companies, historic light bulb maker Tungsram, appealed to the government…