Hungary

A collection of 364 posts

German firms keen to relocate to CEE in 2025 - KPMG report finds

German firms keen to relocate to CEE in 2025 - KPMG report finds

German companies are considering ramping up investments in Central and Eastern Europe (CEE), with 55% expecting the region’s economic significance to grow in the next 5 years, according to the “German CEE Business Outlook 2025” report by auditor KPMG. The survey analysed the economic prospects and business strategies of

CEE media outlets, civil groups count cost of Trump’s aid freeze

CEE media outlets, civil groups count cost of Trump’s aid freeze

The suspension of foreign aid by incoming US President Donald Trump on 24 January is causing major disruption in sectors including independent media and NGOs across Central and Eastern Europe (CEE), with many institutions now frantically seeking alternative funding sources. The US has traditionally played a key role in funding

With Orban trailing, new report sees 2025 as 'pivotal' for Hungary

With Orban trailing, new report sees 2025 as 'pivotal' for Hungary

Hungary’s political landscape is marked by a mix of economic uncertainty increasing opposition momentum and continued tensions with the EU, according to the annual report of independent Budapest-based think tank Policy Solutions. “Fifteen years in power was supposed to be a key milestone when things could have mellowed for

What Trump presidency means for CEE

What Trump presidency means for CEE

US President Donald Trump’s inauguration ceremony on Monday, 20 January, broke with tradition and extended invitations to political leaders. However, footage of former Poland prime minister Mateusz Morawiecki attempting to cross a barricade into the ceremony site by showing US National Guard members his Wikipedia page, which went viral

Romania leads CEE for EV adoption

Romania leads CEE for EV adoption

Electric vehicle (EV) adoption across Central and Eastern Europe (CEE) remains uneven, with significant variations between countries in the region, according to new data from the European Environment Agency (EEA). Adoption rates in CEE lag behind Western Europe: the Western Balkans, for example, has just 1,540 public EV charging

Poland begins EU presidency with Orban snub

Poland begins EU presidency with Orban snub

Polish Prime Minister Donald Tusk said he will prioritise security, defence and support for Ukraine while strengthening sanctions on Russia, at the launch event of his country’s presidency of the Council of the EU on 3 January, 2025. The gala began with a speech from Tusk, who outlined the

OTP wins big at CEE bank of the year awards

OTP wins big at CEE bank of the year awards

Hungarian banking group OTP’s subsidiaries in Albania, Bulgaria, Hungary and Slovenia were ranked as the best banks in their respective countries at the Bank of the Year 2024 Awards organised by The Banker magazine. The UK-based outlet, part of the Financial Times Group, said it chose the winning banks

RegioJet CEE’s best rail operator - T&E report

RegioJet CEE’s best rail operator - T&E report

Czechia’s RegioJet is the top-performing rail operator in Central and Eastern Europe (CEE) for cost and quality, according to the latest report of the European Federation for Transport and Environment, or Transport & Environment (T&E). In the report T&E, an umbrella organisation for green and

Slovenia tightens border as EU pledges migration revamp

Slovenia tightens border as EU pledges migration revamp

Slovenia has announced an increase in border controls with Croatia and Hungary, citing national security and escalating concerns over irregular migration, particularly linked to developments in Syria, where the al-Assad regime was recently toppled after over 50 years of repressive rule. The new measures were put into place after discussions

Poland leads CEE on media subscriptions - Reuters institute report

Poland leads CEE on media subscriptions - Reuters institute report

Digital news consumption in Central and Eastern Europe (CEE) is transforming, driven by evolving audience habits, technology adoption, and growing mistrust in traditional media, according to Reuters Digital News Report 2024. Internet penetration and smartphone usage have enabled a rapid shift online, but challenges related to declining trust in news

FDI paints rosier picture for Poland, Romania - OECD report

FDI paints rosier picture for Poland, Romania - OECD report

Central and Eastern European (CEE) countries are still navigating post-pandemic economic challenges amid newer geopolitical tensions, according to the Economic Outlook December 2024 report from the Organisation for Economic Co-operation and Development (OECD). Inflationary pressures, labour shortages, and weakened demand from key European markets, most notably Germany, are affecting industrial

Romania voids Russia-linked presidential ballot

Romania voids Russia-linked presidential ballot

Romania’s Constitutional Court (CCR) annulled the country’s presidential election on Friday, 6 December after the emergence of evidence of Russian interference in the lead-up to the first-round vote late last month. Pro-Russian ultranationalist candidate and political newcomer Calin Georgescu unexpectedly won the first round of voting on 24