Finance

Four-star general nominated to head Romania’s government

Romanian president Klaus Iohannis has designated his country's interim defence minister, Nicolae Ciuca, as prime minister to form Romania's new…

3 years ago

OTP Bank, Hungary government team up for ‘supercomputer’ project

Hungary's Ministry of Innovation and Technology and Hungary's largest commercial bank OTP will collaborate to create Europe’s largest supercomputer, minister…

3 years ago

Czech startup raises over USD 100m in record “Series A” venture capital round

Czech start-up Rossum will receive USD 100 million in venture capital from a consortium - including General Catalyst, one of the…

3 years ago

Czech government could sink millions into ‘Three Seas’ waterway project

After years of non-engagement, the outgoing Czech Prime Minister Andrej Babis appears to have discovered a new-found enthusiasm for the…

3 years ago

Revolut plans to offer loans, credit cards and Hungarian-language services

Digital bank Revolut is in talks with the Hungarian National Bank (MNB) about entering the central European country’s market, deputy…

3 years ago

Tech and financial service industries are starting to merge. Are we already in the digital currency era?

While Fintech and Big Tech firms make incursions into the financial services sector, data is becoming the real commodity in…

3 years ago

EU successfully issues world’s largest green bond package

To date, on Tuesday the European Commission issued the world's largest green bond package worth EUR 12 billion, raising funds…

3 years ago

Global minimum tax plan makes progress

The Organisation for Economic Co-operation and Development (OECD) and the Biden administration have brokered a compromise on the plan to…

3 years ago

South Korean leader to ink deal in Budapest

The government is currently discussing investments with 14 South Korean companies, Hungarian Foreign Minister Peter Szijjarto said after meeting his…

3 years ago

Global corporate minimum tax backed by Croatia

Zagreb has come out in support of the G20 political agreement based on a proposal to tax multinational companies. It…

3 years ago