The EU budget has had a positive impact on economic growth and helped to improve the quality of infrastructure in poorer parts of the bloc, not least in the countries of Central and Eastern Europe (CEE). However, the budget is about to be cut.
Futureal Group is the latest firm to start development of a new mall in the Hungarian capital as the booming economy has brought back investors.
Net inflows into emerging markets have turned negative in the last month, although the sell off has not been as severe as earlier crisis-related routs.
Hungary is part of the wider CEE property boom, with the country’s strong economic growth buoying the local real estate market.
Decision comes as the right-wing Hungarian government prepares to impose further restrictions on NGOs through what it has branded its “Stop Soros” package of legislation.
European Union member states gather in Sofia, Bulgaria, for the EU-Western Balkans summit this week, and need to address the precarious state of energy security in the Balkans. Is nuclear power the answer?
Orban has set a dangerous precedent. He has shown that an EU member can go after the rule of law, independent media and civil society and get away with it.
Hungary's prime minister loses chief of staff and scraps development ministry amid a shift of focus to high tech sectors, but there are no changes at the economy, interior or foreign ministries.
MEPs say Hungarian government's attacks on judicial independence and civil society represent a clear risk of a serious breach of EU values
Almost half of Bulgarian children and those aged over 65 are at severe risk of poverty or material deprivation.
The EY survey ranking dispels some myths about corruption in Europe on both sides of the former Iron Curtain, as it shows Poland doing better than the UK and on a par with France.
RSF Index 2018 takes aim at populist leaders from Donald Trump to Czech President Milos Zeman, warning that hostility towards the media is no longer limited to authoritarian regimes.
Meszaros, a lifelong friend of PM Viktor Orban, hopes to avoid media scrutiny by stepping down as mayor of Felcsut, as he anticipates "significant transactions" ahead for the listed companies he controls.
At least 100,000 join rally against curbs on press freedom and attacks on civil society, but keynote speakers blame opposition parties for failing to unite ahead of election that delivered another resounding Fidesz victory.
Whether or not the detention of opposition leader Nikol Pashinian proves enough to lop the head off the Armenian demonstrations, analysts will note yet another example of how ready people are across Emerging Europe to take to the streets.