Hungary

4iG inks deal for cable linking Egypt, Albania

Hungarian-government-linked telco 4iG and Telecom Egypt will jointly construct an express subsea cable between Albania and Egypt. Telecom Egypt is…

3 months ago

Rheinmetall expands Hungary ammo maker

The expansion plan of the new ammunition plant of Rheinmetall in Varpalota, west Hungary, has been underway since January, the…

3 months ago

Orban drops Ukraine aid package veto

Hungarian Prime Minister Viktor Orban agreed to a EUR 50bn, 4-year package for Ukraine on Thursday, 1 February, after vowing…

3 months ago

Hungary becomes only hold-out on Swedish NATO accession

Hungarian Prime Minister Viktor Orban has asked his MPs to proceed with Sweden's ratification as NATO member “at the first…

3 months ago

Hungarians increasingly displaced by guest workers – report

Foreign workers are increasingly replacing Hungarians across various sectors due to structural issues within the country’s economy. Government backing of…

3 months ago

Hungary inflation to dip, GDP to rise this year – independent think tank

From Hungary's economic perspective, last year extended the trends observed in 2022, according to independent Hungarian think-tank Policy Solutions's annual…

3 months ago

Orban EU presidency already dividing opinion – Hungary PM wants to ‘take over’ EU, MEPs sceptical of his ability to lead bloc

Hungary will hold the rotating presidency of the Council of the EU in the second half of 2024, putting Hungarian…

4 months ago

Senior EU politician launches bid to remove Hungary’s voting rights

The European Parliament (EP) chief rule of law negotiator Petri Sarvamaa, MEP, published on Tuesday a petition letter calling to…

4 months ago

New research delves into Hungary’s AI use

Hungarian companies do not excel in the field of innovation, but they take the digital transition seriously, according to new…

4 months ago

Albania tops region for sustainable energy mix

The share of renewable sources in gross final energy consumption at the EU level reached 23% in 2022, up 1.1…

4 months ago