Economy

Romania makes card payment compulsory option

Romanian companies are now obliged to offer customers the possibility to pay for purchased goods and services with credit and…

5 months ago

Hungary China’s new friend in the EU – CET analysis

Chinese President Xi Jinping’s recent visit to Hungary underscores the geopolitical importance of the growing bilateral friendship. China's new investments…

7 months ago

International press assess Xi’s European visit

As Chinese President Xi completed his trip to Europe, he held a conference with Hungarian Prime Minister Viktor Orban, with…

7 months ago

Xi’s visit sparks future Huawei, 4iG collabs

China's Huawei and Hungary's 4iG signed a letter of intent to establish a common cloud service platform for Hungarian companies…

7 months ago

Poland set to receive huge windfall as EU initiates dropping of Article 7 procedure

The EU will close its Article 7 procedure over democratic backsliding against Poland that was initiated in 2017 against the…

7 months ago

Romania overtakes Hungary on PPP

Romanians have been consuming more than Hungarians, Budapest-based business website Portfolio writes, and now it has become clear why: wages…

7 months ago

IMF report shows CEE catching up on southern European neighbours

Per capita income in Slovenia will surpass that of Italy by 2029 when adjusted for purchasing power (PPP), according to…

7 months ago

Hungary to ink at least 16 deals with China – FM

Chinese President Xi Jinping will commence a three-day visit to Hungary from Wednesday, 8 May, having arrived in France on…

7 months ago

CEE countries register EU’s highest, lowest inflation

Lithuania had the lowest annual inflation rate of 0.4% in the EU in March 2024, EU official statistics office Eurostat…

7 months ago

Chinese leader visits Hungary, Serbia in May

Chinese President Xi Jinping will visit Budapest, Hungary and Belgrade, Serbia, at the beginning of May. After a trip to France from…

7 months ago