Budapest-Belgrade railway project hits buffers
The future of a multi-billion dollar Budapest-Belgrade rail construction has been thrown into doubt after Hungary redirected its equipment and workforce...
Hungary
CEE countries go rogue as EU’s ban of agricultural produce from Ukraine expires
Poland, Slovakia and Hungary have come under criticism from the international community including the EU, Ukraine and Germany for extending prohibitions...
CEE insurance sector grows by over 10%
The Central and Eastern Europe (CEE) insurance market reached a total of EUR 12.5bn by the end of the first quarter...
RRF deadline prompts flurry of applications from CEE countries
Central and Eastern Europe (CEE) countries Croatia, Hungary, Poland and Lithuania were among the 13 EU member states to request loans...
Hungary could fund Bosnian energy projects in wake of German pullout
Hungary will send money to Republika Srpska (RS) to cover funds that Germany withdrew earlier this year due to the separatist...
Rheinmetall opens ‘Europe’s most modern and finest tank factory’ in Hungary
German munitions company Rheinmetall proclaimed its unit for armoured vehicles as Europe’s most advanced plant when it inaugurated the new factory...
Poland rapidly emerging as CEE powerhouse, top UK researcher reports
The emerging economies of Central and Eastern Europe (CEE) are closing in on their Western neighbours thanks to the emergence of...
Hungary, Serbia leaders back Ukraine ceasefire
Hungarian President Katalin Novak reiterated her country's support for a peace deal with Russia in a speech at the opening ceremony...
Multi-billion deal sees Emirati operator acquire telco assets in four CEE countries
Emirates Telecommunication Group Company (e&) will buy a 50% plus one share in PPF Group’s telecommunications assets in Bulgaria (mobile operator...
Sanctions cannot bring Russia to its knees – MOL CEO
Only 6% of Ukrainian diesel imports come from Hungary, the head of Hungarian energy giant MOL said at a conference on...
Forint falls regionally, as CEE central bankers mull rate cuts
Unlike its regional peers, the forint weakened massively this week, as the Hungarian National Bank (MNB) continued to unwind the emergency...
Orban, Fiala trade blows over future of EU, V4
Czech Prime Minister Petr Fiala dismissed Hungarian Prime Minister Viktor Orban's claim over the weekend that Czechia has "changed sides" regarding...
Hungary tops EU inflation list for June
The top 11 inflation rates in the EU were in Central and Eastern Europe (CEE) countries in June 2023, according to...
Europe needs multiple gas supply sources – analysis
Increased attention has been drawn to the eastern Mediterranean region by energy companies and European governments in recent weeks, Financial Mirror...
CEE needs to prioritise climate plans – report
Central and Eastern European (CEE) countries may hinder the EU's ability to meet its climate goals, according to campaigners who are...
Romania polls lowest consumer prices in EU, followed by Bulgaria, Poland
Romania last year recorded the EU’s lowest level of prices for consumer goods and services in households, 42% below the EU...
CEE leaders react to Russian revolt
An apparent attempted coup d'etat led by the head of a mercenary group in Russia over the weekend set off emergency...
Austria, Estonia, Croatia high on organic farmland rankings
Austria (26%) and Estonia (23%) had the EU’s highest proportions of organic land within their total utilised agricultural area (UAA) in...
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 Eurostat...
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. Oriens...