Economy

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…

8 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…

8 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…

8 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…

8 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…

8 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…

8 months ago

Romania moves to combat loss of southern arable land – Environment Minister

Romanian Minister of Environment, Waters and Forests Mircea Fechet warned of the need for action as rising temperatures continue to…

9 months ago

Romania earmarks EUR 400mn for SMEs

A total of EUR 400mn will be available to Romanian short- and medium-sized enterprises (SMEs) from 1 April, as the…

9 months ago

Bosnian accession on EU agenda next week

The EU will recommend that member states open accession negotiations with Bosnia-Herzegovina (BiH), a candidate for membership since 2022, European…

9 months ago