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 "unprecedented"...
Hungary
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 of...
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, to...
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 website...
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. Legatum’s...
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 and...
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 Bankholding...
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, 1...
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 largest...
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, partly...
CEE countries ask EU to fund Azeri gas pipelines
Romania, Bulgaria, Hungary and Slovakia have jointly requested EU funding to develop the necessary infrastructure to support increased gas supplies from...
US moves into CEE arms market – CET analysis
Geopolitics is leaving its mark on the arms race in Central and Eastern Europe (CEE). Countries are drifting further away from...
Estonia top for digital banking usage in 2022, while Romania lags – Eurostat report
More people in Estonia use online banking services than anywhere else in Central and Eastern Europe (CEE), according to a new...
Hungary secures EUR 1.6bn Vodafone purchase
Hungary has finalised a deal to acquire Vodafone Europe’s Hungarian unit for HUF 660bn (EUR 1.6bn) in the largest state purchase...
Hungary, Poland hope law reforms will see EU unfreeze billions in funding in 2023
The EU last year attempted to address the erosion of perceived democratic norms of the populist governments of Hungary and Poland,...
Romania, Hungary sign deal to lay world’s longest electricity cable
Hungary and Romania were among the four signatories of an agreement to construct a 1,100km (685 mile) power line under the...
Hungary, EU agree conditional release of disputed funds
The Council of the European Union adopted legislation Friday on releasing funds for Hungary’s EUR 5.8bn Recovery and Resilience Facility (RRF)...
EU clears path for EUR 18bn loan to Ukraine
Next year the EU will provide Ukraine with EUR 18bn, circumventing Hungary's veto, the Council of the European Union announced on...
PMs discuss new Slovenia-Hungary gas link
Slovenian Prime Minister Robert Golob and Hungarian Prime Minister Viktor Orban have discussed building a pipeline to transit Algerian gas when...
Wizz vs Ryanair: which budget airline rules CEE?
Wizz Air will serve 31% more passengers than Ryanair in Central and Eastern Europe (CEE) and the Caucuses this winter, according a...