Serbia

A collection of 100 posts

Orban only EU leader due at Belt and Road Forum

Orban only EU leader due at Belt and Road Forum

Hungarian Prime Minister Viktor Orban will be the only EU premier present at China’s third Belt and Road Forum in Beijing on Wednesday, 18 October, according to local media reports. Orban will also give a speech at the event, his press officer Bertalan Havasi told Hungarian website Telex. “Before

Budapest-Belgrade railway project hits buffers

Budapest-Belgrade railway project hits buffers

3 min read Hungary, Serbia, Meszaros

The future of a multi-billion dollar Budapest-Belgrade rail construction has been thrown into doubt after Hungary redirected its equipment and workforce to address a deteriorating railway line between Budapest and Gyor, west Hungary. According to reports, the Chinese have ceased financing the construction, and their employees halted work. Companies owned

Multi-billion deal sees Emirati operator acquire telco assets in four CEE countries

Multi-billion deal sees Emirati operator acquire telco assets in four CEE countries

Emirates Telecommunication Group Company (e&) will buy a 50% plus one share in PPF Group’s telecommunications assets in Bulgaria (mobile operator Yettel Bulgaria), Hungary (Yettel Hungary), Serbia (Yettel Serbia) and Slovakia (O2 Slovakia). The United Arab Emirates-based telco holding company, formerly Etisalat, will pay EUR 2.15bn upfront

EU youth unemployment lowest since 2009

EU youth unemployment lowest since 2009

Only 4.48 million EU citizens aged 15 to 29 found themselves unemployed last year, according to the latest data from the EU’s official statistics agency Eurostat. This constituted 6.3% of those in that age group, a historic low since 2009, it added. The lowest rate in Central

Wizz vs Ryanair: which budget airline rules CEE?

Wizz vs Ryanair: which budget airline rules CEE?

Wizz Air will serve 31% more passengers than Ryanair in Central and Eastern Europe (CEE) and the Caucuses this winter, according a new report that cites Official Aviation Guide (OAG) data. While the Hungary-headquartered airline runs 651 routes to, from and in CEE, this figure is 514 for Ryanair. That

Serbia backtracks on deal with Kosovo

Serbia backtracks on deal with Kosovo

The EU brokered a last-ditch agreement between Kosovo and Serbia on Wednesday, 23 November, only for Serbian President Aleksandar Vucic to seemingly disregard the deal, which attempts to solve a long-running bilateral dispute over car registration plates. The EU has spent almost a decade formally working with the countries in

'The Chinese always have a multi-layered approach' - CEPA expert Tamas Matura talks China in CEE with CET

'The Chinese always have a multi-layered approach' - CEPA expert Tamas Matura talks China in CEE with CET

Hungarian Sinologist Tamas Matura argued in his recent report for CEPA that China wields little influence in Hungary, despite the Hungarian government’s decade of support for Beijing in the EU. However, shortly after the release of the CEPA report, China’s CATL announced plans to build a EUR 7.

As Russia turns off the taps, Hungary negotiates deal to get gas transits wholly via southern TurkStream pipeline

As Russia turns off the taps, Hungary negotiates deal to get gas transits wholly via southern TurkStream pipeline

Hungarian Foreign Minister Peter Szijjarto announced Monday that he is in negotiations with Russia’s Gazprom regarding a long-term gas supply deal that would redirect all of Hungary’s shipments through the TurkStream pipeline. Fears that Russia will cut off energy supplies to Europe have been growing in recent weeks,