Hungary

CEE leaders say EU may need to reintroduce farm tariffs on Ukraine

Romania, Poland, Hungary, Bulgaria and Slovakia expressed concern in a letter to the European Commission (EC) on Friday over an…

2 years ago

Hungary could decouple from Russian gas – report

Hungary could realistically replace Russian gas imports, according to local analysts, who say its dependence is reliant on the will…

2 years ago

Mixed prospects in region for pay-TV industry, new research finds

The number of pay TV subscribers in Eastern Europe will decline by 8mn from its peak of 81mn in 2018,…

2 years ago

Hungarian central bank chief repeats criticisms of Orban’s economic policy

Hungarian National Bank (MNB) Governor Gyorgy Matolcsy has once again harshly criticised Hungarian Prime Minister Viktor Orban’s economic policy, business…

2 years ago

Lithuania decade’s most improved country in region, leading prosperity report finds

Estonia is named the most prosperous country in Eastern Europe, and the 21st globally, in the newly-released 2023 Legatum Prosperity Index.…

2 years ago

Orban slams EU for withholding funds for Hungary, Poland

Hungarian Prime Minister Viktor Orban criticized the EU for imposing new sanctions instead of providing assistance and for depriving Hungary…

2 years ago

Hungarian ‘megabank’ gets green light

A new Hungarian bank is set to emerge from the merger of MKB Bank and Takarekbank as overseen by Magyar…

2 years ago

Hungary bails out steelmaker Dunaferr

Hungarian Prime Minister Viktor Orban met with a working group aiming to save the indebted steel company Dunaferr on Wednesday,…

2 years ago

OTP snaps up Slovene bank, plans merger to create market leader

OTP Bank has been cleared by Slovenian Competition Protection Agency (AVK) to acquire Nova Kreditna Banka Maribor (NKBM), Slovenia's second…

2 years ago

Credit rating agencies Fitch, S&P, demote Hungary

Standard & Poor’s (S&P) downgraded Hungary's credit rating by one step to the lowest investment grade of BBB- on Friday,…

2 years ago