A collection of 21 posts
Similar to its welcoming approach to Russia, Hungary’s government is greeting Chinese economic and trade interests with open arms – despite openly expressed concerns by its allies in Brussels and the West. 5G: whose technology? Despite pressure from the US not to do so, Hungary has welcomed Huawei’s participation
A global trade war between the US and China may turn Central & Eastern Europe (CEE) into a battleground. The region, which has become a springboard for Chinese expansion, is now torn between its political and security allegiances to the US and its hunger for fresh capital. In the last
Hungary will be among the first countries to hand in its Recovery Plan in Brussels, said Gergely Gulyás of the prime minister’s office in a radio interview. According to him, Hungary will spend most of the money on developing the healthcare sector and on emission reduction projects, targeting the
Within the EU, Romania is a hardliner against Russia, and a country almost immune to Russian pressure in Eastern Europe. New developments, especially the election of a new, pro-Romanian president in Moldova, raise the risk of further deterioration of Russo-Romanian relations, which have never been seamless. Romania was one of
Moscow has used Hungary as a gateway to the EU and consistently uses Russian finances to maintain the goodwill of the Orbán government. During the decades of the Cold War, Hungary was heavily dependent on the Soviet Union, both economically and politically. However, this has changed following the political transition
Changes to how multinational companies and giant tech firms are taxed globally may be on the horizon, resulting in a curbing of investment in lower corporate tax jurisdictions. In the wake of the US Treasury secretary’s recent proposal to introduce a global corporate tax rate, now finance ministers from