Forint recovers as Gazprom grants Hungary gas payment deferral
The forint rebounded against both the US dollar and euro late Monday, on news that Russian-state-run energy company Gazprom has agreed...
euro
Forint slumps to all-time lows against euro, dollar
As national currencies shed value across Central and Eastern Europe (CEE) on Thursday, the Hungarian forint fell hardest, to historic lows...
Croatia set to join the Euro
Croatia has been given the go-ahead to adopt the euro from the start of next year, when it will become twentieth...
ECB maintains zero interest rate, hike on the agenda later in 2022
“The war in Ukraine is severely affecting the euro area economy and has significantly increased uncertainty,” Christine Lagarde, President of the...
War in Ukraine deals harsh blow to CEE currencies
While the Hungarian forint was hardest hit, all the currencies of the Central and Eastern Europe (CEE) region are suffering adverse...
Croatian premier u-turns on Eurozone
"The benefits of euro adoption would outweigh the disadvantages," Croatian President Zoran Milanovic announced after meeting George Vella, his opposite number in Malta,...
Bulgarians not enthusiastic about Euro
Around 58% of Bulgarians oppose adoption of the Euro as their country's currency, according to a poll conducted by Trend Agency....
EU Aid to Bulgaria “in Danger,” Amid Political Chaos
Bulgaria, the poorest EU member state, is sliding into political chaos, throwing its ability to tap into badly needed EU economic...
Central Europeans Share Mixed Feelings Towards the Euro
Two countries in Central & Eastern Europe (CEE), Bulgaria and Croatia, are on track to introduce the European common currency. In...
Croatia’s Plan to Put Tesla on Euro Coins Annoys Belgrade
Serbia's central bank is accusing Croatia of appropriating the the historical and cultural heritage of Serbians if Zagreb places inventor Nikola...
