Hungary

Forint tumbles after Moody’s downgrade

The Hungarian forint plummeted to a near-historic low against sterling on Monday morning, with a British pound buying HUF 501.5.…

1 month ago

Central banker proclaims Romania’s ‘economic miracle’

Romania's GDP per capita, measured in purchasing power parity relative to the EU average, has surged from 25% in the…

1 month ago

Poland world’s biggest gold buyer in Q2, Q3

Poland was the world’s largest gold buyer in the second and third quarters of 2024, and central banks across Central…

1 month ago

New EU Commission readies for pivotal term

European Commission (EC) President Ursula von der Leyen looks set to push through her new team of commissioners and executive…

2 months ago

Hungary’s energy strategy has left it vulnerable to electricity price speculators – report

Hungary’s electricity market has become a focal point for speculative trading, driven by a combination of renewable energy imbalances and…

2 months ago

CEE secures EUR 1.4bn in AI funding in 2023-24

Central and Eastern Europe (CEE) is a rising force in artificial intelligence (AI) and startups in the region raised EUR…

2 months ago

CEE mulls ramifications of Trump’s victory on trade, defence, environment

As Donald Trump officially declared his victory in the US election, he received congratulations from numerous Central and Eastern Europe…

2 months ago

‘Budapest Declaration’ signed as Orban hosts EU summit

European leaders committed to developing a defence industry base and enhancing EU competitiveness at an informal European Council summit in…

2 months ago

To the victor go the spoils – the big winners and losers of Trump’s second presidency – CET op-ed

Hungarian Prime Minister Viktor Orban, no stranger to political brinkmanship, went all in on Donald Trump's election victory: a win…

2 months ago

CEE countries take sides in aftermath of Georgia’s disputed election

In the wake of the parliamentary elections in Georgia held on 26 October 2024, international reactions ranged from congratulations to…

2 months ago