A collection of 381 posts
If not partly or fully owned by the state, like utility and oil companies, the largest companies in the Visegrad 4 (“V4”) countries – Czech Republic, Hungary, Poland, and Slovakia – are mostly foreign-owned and typically operate in the automotive, retail and electronics sectors. They are highly productive and prosperous, driving their
Hungary hosted a major airshow over the weekend, with the participation of dozens of military aircraft from across Europe. The Kecskemét Airshow featured aircraft and helicopters recently purchased by the Hungarian military, like the Airbus H145, Gripens, Falcons, and Zlin training aircraft. British and Italian Eurofighter 2000s were also present,
Hungary has floated the idea of a tripartite agreement to supply Ukraine with natural gas flows through Hungary via liquefied natural gas (LNG) received at the terminal on the Croatian island of Krk. Following a meeting with his Croatian counterpart in Budapest, Hungary’s minister of Foreign Affairs and Trade,
The Hungarian government is opposed to the introduction of a single EU carbon price and extension of the EU’s Emissions Trading System to households, namely buildings and the transport sector, according to state secretary for the Development of Circular Economy, Energy and Climate Policy, Attila Steiner, who noted that
Two countries in Central & Eastern Europe (CEE), Bulgaria and Croatia, are on track to introduce the European common currency. In Sofia, politicians on both the left and right endorse the euro despite the looming government crisis, while Zagreb has even decided on its national symbols to be portrayed on
The European Commission has recently approved a EUR 90 million subsidy offered by the Hungarian government to South Korea’s SK Innovations – one of the world’s largest energy and chemical companies – to support the establishment of its second battery plant in the city of Komárom in Hungary. According to
EC Justice Commissioner: Hungary’s Recovery Funds Frozen July 20, 2021 < 1min read There are systemic problems with the rule of law in Hungary, so the European Commission is use its legal toolkit – including the freezing of EU funds for the country – in defence of democracy – according to Didier
A major eavesdropping scandal around the Israeli spy software Pegasus made waves in Hungary. An international investigation of 80 journalists from 17 media organisations conducted in 10 countries found that the Hungarian government was most probably among those which acquired the controversial spy software Pegasus from the Israeli surveillance company
Hungary’s Minister Heading the Prime Minister’s Office, Gergely Gulyás said that the Hungarian government finds the EU’s Fit for 55 package unacceptable and will not endorse it. Since unanimity is required, the package will not be accepted in its present form, he predicted. Government-funded thinktank Századvég wrote
The European Commission’s deadline on assessing Hungary’s Recovery and Resilience Facility (RRF) plan expires today, July 12. According to Brussels-based Politico and various German news outlets, the Commission, dissatisfied with the commitment of Hungary’s government to fight corruption, has submitted further questions to the Hungarian government. Hungary
Hungary’s government faced a barrage of criticism from officials in Strasbourg this week over a law that bans content “promoting homosexuality” to minors, but there are also concerns over a lack of safeguards to prevent corruption. Some are even suggesting that Hungary’s portion of the EU stimulus package
Inflation may pose a real threat for countries in Central & Eastern Europe (CEE), specifically for Poland and Hungary, which are facing post-pandemic economic pressures. That’s why their economies do not appear as shiny as they used to. Hungary saw a recent inflation rate of 5.1%, while Poland’
Since Viktor Orbán became the prime minister of Hungary, cooperation among the “Visegrád 4” (V4) countries – Hungary, Slovakia, the Czech Republic and Poland – has become a key ingredient of the Hungarian government’s rhetoric. Now, with Hungary taking over the presidency of the Visegrad Group, the country is keen to
Meeting in Warsaw, finance ministers from the “Visegrad 4” (V4) country grouping – Poland, Czechia, Hungary, and Slovakia – discussed post Covid-19 economic recovery plans and investments. They welcomed the global minimum tax proposed by the G7 but said they prefer an international solution in the Organisation for Economic Cooperation and Development
In a heated debate on Thursday night, Hungary’s prime minister Viktor Orbán was confronted over recent anti-LGBTQ+ measures by his fellow heads of state and governments. Diplomatic sources say those leaders spoke in unusually personal and emotional terms for an EU summit discussion. Luxembourg’s PM Xavier Bettel spoke