Hungary

Poland EU’s best performing economy in Q1

Poland outstretched all of its EU peers for growth in the first quarter of 2023, the bloc's official statistics office…

1 year ago

Hungary’s Oriens fund buys another Czech retail chain

Hungarian investment holding Oriens is fast becoming a major player in Czech retail, Slovak business daily Hospodarske Noviny (HN) reports.…

1 year ago

CEE leaders respond to Erdogan victory in Turkey

Leaders in Central and Eastern Europe (CEE) congratulated Turkish President Recep Tayyip Erdogan after his re-election on Sunday, 28 May,…

1 year ago

EU youth unemployment lowest since 2009

Only 4.48 million EU citizens aged 15 to 29 found themselves unemployed last year, according to the latest data from…

1 year ago

Hungary blocks EU’s Ukraine arms package after Kiev sanctions OTP bank

Hungary has vetoed EUR 500mn worth of arms funding from the EU to Ukraine, Italian media first reported on Monday,…

1 year ago

Falling energy prices hit MOL’s Q1 figures

Sharply falling energy prices are good news for the population and almost all market segments and the population alike, but…

1 year ago

Hungary gov’t reacts to shrinking retail sector with compulsory price cuts

The purchasing power of salaries in Hungary is falling due to record-high inflation, local business outlet Portfolio reported, citing the…

1 year ago

Czechia, Hungary, Estonia top for employment in CEE – Eurostat report

Estonia had the highest employment rate in Central and Eastern Europe (CEE) of 81.9% in 2022, according to the recently…

1 year ago

Czechs right to opt out of Ukraine farm ban – analysts

Agriculture Minister Zdenek Nekula is right when he says Czech farmers are overplaying the role of Ukrainian wheat on their…

1 year ago

Romania holds out on Ukraine import ban, urges neighbours to wait for EU solution

Romanian Minister of Agriculture Petre Daea expressed solidarity with farmers from Poland, Hungary, Bulgaria and Slovakia – who all unilaterally…

1 year ago