Economy

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

Hungary, EU agree conditional release of disputed funds

The Council of the European Union adopted legislation Friday on releasing funds for Hungary’s EUR 5.8bn Recovery and Resilience Facility…

2 years ago

New Latvian coalition focuses on economy, security

The centre-right New Unity party, led by Latvian Prime Minister Krisjanis Karins, finalised a coalition deal with the new centrist…

2 years ago