Economy

Lithuania decade’s most improved country in region, leading prosperity report finds

Estonia is named the most prosperous country in Eastern Europe, and the 21st globally, in the newly-released 2023 Legatum Prosperity Index.…

2 years ago

EU’s highest inflation in Hungary, Baltics

Annual inflation in the EU was 10% in January, according to the latest report from EU statistics office Eurostat.  Of the…

2 years ago

Orban slams EU for withholding funds for Hungary, Poland

Hungarian Prime Minister Viktor Orban criticized the EU for imposing new sanctions instead of providing assistance and for depriving Hungary…

2 years ago

Joint letter says Russian assets should rebuild Ukraine

Leaders from the Baltic nations and Poland have called for the utilization of approximately EUR 300bn worth of assets from…

2 years ago

Estonia tops TI’s Corruption Perceptions Index in CEE, Hungary bottom

So often the exemplar in Central and Eastern Europe (CEE), Estonia has been named the region’s most transparent country in…

2 years ago

Credit rating agencies Fitch, S&P, demote Hungary

Standard & Poor’s (S&P) downgraded Hungary's credit rating by one step to the lowest investment grade of BBB- on Friday,…

2 years ago

Hungary secures EUR 1.6bn Vodafone purchase

Hungary has finalised a deal to acquire Vodafone Europe’s Hungarian unit for HUF 660bn (EUR 1.6bn) in the largest state…

2 years ago

Baltic inflation ‘canary in the coal mine’ for rest of Europe in 2023

The three Baltic countries are the worst hit by the wave of inflation in Europe, according to the latest flash estimate…

2 years ago

Hungary, Poland hope law reforms will see EU unfreeze billions in funding in 2023

The EU last year attempted to address the erosion of perceived democratic norms of the populist governments of Hungary and…

2 years ago

Czech EU presidency hailed as ‘big success’

Czechia received near universal acclaim as it completed its stewardship of the presidency of the Council of the EU, which…

2 years ago