Hungary

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…

2 years ago

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…

2 years ago

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…

2 years ago

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…

2 years ago

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…

2 years ago

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…

2 years ago

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