The legislation criminalises support for illegal immigration, making it punishable by imprisonment for up to 90 days.
Hell Energy has become the second largest soft-drink maker in Hungary after Coca-Cola and is rapidly expanding abroad.
Romania's chief anti-corruption prosecutor had long been considered an icon of the struggle against official corruption not only for Romanians but for other countries in the region that had hoped to follow the example set in Bucharest.
Nine out of 10 companies in the manufacturing sector say a labour shortage could force them to cut output, a problem exacerbated by Hungary's declining demographics.
China wants to set closer economic ties with the European Union after a trade war has erupted between the East Asian powerhouse and the US.
Bond markets in emerging Europe came to a stand still in June. Politics killed off almost all interest in issuing fresh paper: Turkey held crucial presidential elections where the outcome was far from clear and Russia was reeling from sanctions.
Billionaire Fidesz cashier turned harsh Orban critic Lajos Simicska is selling his entire business empire, including his media holdings, in a deal that will have enormous political and economic implications.
Cars account for a whopping 60% of Slovakia's exports to the US, and a hike in tariffs on German auto exports would hurt components manufacturers across the CEE region.
The MNB hopes to sit out the storm without giving in to market expectations of an end to its dovish policies, but bond yields have continued to creep up higher.
In the context of the current political instability in the bloc, EU leaders decided to do away with the compulsory quota system of relocating refugees and migrants, which has been long opposed by the V4 countries.
Employers across CEE are struggling to find workers with the skills they need, but the problem is worst in popular nearshoring locations Romania and Bulgaria, a ManpowerGroup study finds.
Despite an overall decline in the EU and Russia’s economic interdependence, Central European dependence has actually grown, a trend entirely shaped by material, rather than ideological, concerns.
Across Europe, only the Nordic states and the Netherlands offer better conditions, says real estate firm Savills.
A delegation from Moscow-based multilateral lender the International Investment Bank (IIB) visited Budapest on June 18 as it prepares to set up its new European unit in the Hungarian capital, the bank said in a statement.