Economy

EU bans Russian ships from Europe’s ports

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

3 years ago

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

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

3 years ago

NATO agrees to beef up eastern flank defences at emergency summit

At an emergency NATO summit in Brussels on Thursday, US President Joe Biden said that the defence alliance had “never…

3 years ago

Ukraine a “living hell”, says United Nations chief

Ukrainians are going through a “living hell”, UN Secretary-General Antonio Guterres said on Tuesday, in what he termed an unwinnable…

3 years ago

Conflict at a “crossroads”, could end in April, says adviser to Ukraine’s President

The BBC reported that Russian troops were holding 400 doctors and patients captive in a hospital in the coastal city…

3 years ago

War in Ukraine deals harsh blow to CEE currencies

While the Hungarian forint was hardest hit, all the currencies of the Central and Eastern Europe (CEE) region are suffering…

3 years ago

Biden vows to defend “every inch of NATO territory”, Russia set to lose “MFN” trade status

US troops will not fight in Ukraine, but would defend “every inch of NATO territory” US President Joe Biden said…

3 years ago

Ceasefire talks between Russia and Ukraine fail

Delegations from Ukraine and Russia were unable to broker a 24-hour ceasefire in their meeting on Thursday morning in Turkey.…

3 years ago

Bombing of children’s hospital in Mariupol “genocide”, says Zelensky

Ukraine’s President Volodymyr Zelensky is calling Russian forces bombing on Wednesday of a 600-bed children’s and maternity hospital in the…

3 years ago

EU looks to abandon Russian fuel sources due to “tectonic shift in European history”

Calling Russia's invasion of Ukraine "a tectonic shift in European history", the European Union is working out how to wean…

3 years ago