Hungary

EU may excuse Hungary, Slovakia from oil ban

The European Commission (EC) may allow Hungary and Slovakia to opt out of the Russian oil embargo currently being drawn…

3 years ago

EU initiates rule of law process against Hungary

The European Commission (EC) has activated against Hungary a “rule of law mechanism” that links alleged corruption to provision of…

3 years ago

Energy expert ousts Jansa in Slovenia vote

Political newcomer Robert Golob promised to restore “normality” to Slovenian politics after his environmentalist Freedom Movement won 34.6% of the vote…

3 years ago

Croatia’s aviation industry most resilient in EU

The commercial flight numbers of several Central and Eastern European (CEE) countries are closing in on their pre-pandemic levels faster…

3 years ago

Growth in CEE to slow to 3.5% – World Bank

The war in Ukraine is set to inflict twice the amount of economic damage that the COVID-19 pandemic did, the…

3 years ago

Hungarian gov’t-friendly firm buys Sberbank share in Croatia’s Fortenova

Russia's Sberbank has sold its 43% stake in Fortenova to Hungarian-US investment fund Indotek Group, Croatian daily Jutarnji List reported.…

3 years ago

Orban won by a landslide, but Hungary’s economy is sliding too

The Hungarian Ministry of Finance took the unusual step of issuing a public statement aimed at international investors on Friday.…

3 years ago

Nuclear plant expansion is on, Hungary PM says, as FM calls sector sanctions ‘a red line’

The EUR 12.5 bn expansion of Hungary’s only nuclear power plant at Paks remains viable, Hungarian Prime Minister Viktor Orban…

3 years ago

Orbán wins big in Hungarian election

Hungarian Prime Minister Viktor Orbán secured his fourth consecutive term with a landslide victory in Hungary's national elections on Sunday. …

3 years ago

Hungary postpones Visegrad 4 Summit after Czechia, Poland reps refuse to attend

Hungary cancelled a scheduled summit of defence ministers from the Visegrad 4 (“V4”) group of EU member states - Czechia,…

3 years ago