Revolut plans to offer loans, credit cards and Hungarian-language services
Digital bank Revolut is in talks with the Hungarian National Bank (MNB) about entering the central European country’s market, deputy CEO...
European airlines demand opening date from US for travellers
US authorities were called by European airlines on Wednesday to set a date for reopening and to agree a list of...
Tech and financial service industries are starting to merge. Are we already in the digital currency era?
While Fintech and Big Tech firms make incursions into the financial services sector, data is becoming the real commodity in a...
President Zeman in hospital, Czechia in limbo
Czech politics is currently in a state of paralysis after President Milos Zeman was hospitalised on election weekend. The head of...
EU successfully issues world’s largest green bond package
To date, on Tuesday the European Commission issued the world's largest green bond package worth EUR 12 billion, raising funds from...
Hungary scraps plans to buy neighbors’ agricultural land
Hungary has decided against a plan to expand the country's ownership of agricultural land in some of its neighbors like Slovakia,...
Ciolos steps in to fill Romania’s power vacuum
President Klaus Iohannis has invited Save Romania Union (USR) leader Dacian Ciolos to form a government in Romania, which is in...
VW considers V4 countries for battery plant
Germany's VW is planning on building six battery factories in Europe by 2030, and one of those facilities is likely to...
Global minimum tax plan makes progress
The Organisation for Economic Co-operation and Development (OECD) and the Biden administration have brokered a compromise on the plan to introduce...
No “Polexit” say protesters in Poland
Protesters chanted "No to Polexit" at pro-EU rallies in Warsaw and across Poland over the weekend after the country's highest court...
Czechs vote out PM Babis
Czechs voted for a conservative shift in last weekend's elections on Friday and Saturday. The conservative coalition SPOLU (“Together”) formed by the...
Austria’s Kurz steps back, FM Schallenberg to become Chancellor
Alexander Schallenberg is expected to be sworn in “within days” as Chancellor of Austria following the resignation of Sebastian Kurz over the weekend. It would be an "enormously...
Exhibition director Tamas Revesz takes CET on a digital tour of World Press Photo 2021
Tamas Revesz has organised the World Press Photo (WPP) exhibition in Hungary - the homeland of Robert Capa and Joseph Pulitzer...
Global microchip shortage hits Czech auto sector
Due to the global shortage of microchips the Czech Republic's biggest exporter, auto manufacturer Skoda, has announced a significant production cut...
Polish court ruling challenges primacy of EU law
Poland's highest court ruled Thursday that some parts of the EU treaties are incompatible with the country’s own Constitution. Prime Minister...
Putin promises record amounts of gas to Europe
On Wednesday, Russia's president Vladimir Putin offered to deliver record amounts of natural gas to Europe to address rising prices and...
EU not ready to embrace Western Balkans, but offers money
EU leaders reaffirmed their commitment for six Western Balkan countries to join the Union, but held off opening full negotiations with...
South Korean leader to ink deal in Budapest
The government is currently discussing investments with 14 South Korean companies, Hungarian Foreign Minister Peter Szijjarto said after meeting his opposite...
Global corporate minimum tax backed by Croatia
Zagreb has come out in support of the G20 political agreement based on a proposal to tax multinational companies. It will...
Bulgarian, North Macedonia leaders to meet at EU-Western Balkans summit
With hopes of Bulgaria lifting its veto on North Macedonia's potential bid to join the European Union, today Bulgaria's president, Rumen...