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...
Hungary
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...
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, after...
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 the...
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, which...
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 large...
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 “devastating...
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 released...
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 current...
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 stopped...
Croatia tops European tourism poll
Croatia had the highest share of tourism in total gross value added (GVA) at 11%, EU statistics office Eurostat finds in...
Poland, Hungary halt Ukraine farm imports
Poland and Hungary have temporarily ceased importing Ukrainian grain and other agricultural produce, defying warnings from the EU that unilateral action...