Business Insights

There is little alternative to Russian gas for Eastern Europe – Hungary signs 10+5-year deal

Russian state-owned Gazprom and Hungarian energy group MVM signed a ten-year gas-supply agreement at the end of August. Under the deal,…

3 years ago

Revolut plans to offer loans, credit cards and Hungarian-language services

Digital bank Revolut is in talks with the Hungarian National Bank (MNB) about entering the central European country’s market, deputy…

3 years ago

European airlines demand opening date from US for travellers

US authorities were called by European airlines on Wednesday to set a date for reopening and to agree a list…

3 years ago

Tech and financial service industries are starting to merge. Are we already in the digital currency era?

While Fintech and Big Tech firms make incursions into the financial services sector, data is becoming the real commodity in…

3 years ago

Global minimum tax plan makes progress

The Organisation for Economic Co-operation and Development (OECD) and the Biden administration have brokered a compromise on the plan to…

3 years ago

South Korean leader to ink deal in Budapest

The government is currently discussing investments with 14 South Korean companies, Hungarian Foreign Minister Peter Szijjarto said after meeting his…

3 years ago

Nord Stream 2 cements Russian dominance of European energy market

The contentious Nord Stream 2 natural gas pipeline will commence gas transits from Russia to Europe next month, according to…

3 years ago

Western Balkan citizens enjoy benefits of roaming fees removal

This summer six Western Balkan countries abolished mobile phone roaming charges, in what is seen as a positive step towards…

3 years ago

Drivers of Growth: Visegrad 4 Top Companies

If not partly or fully owned by the state, like utility and oil companies, the largest companies in the Visegrad…

3 years ago

Global Minimum Tax: A Blessing or a Curse?

Small, export-oriented countries may lose out to larger economies if a “minimum tax” proposal from the Organisation for Economic Co-operation…

3 years ago