EU leaders hesitate on new sanctions against Russia for Aleppo assault

bne IntelliNews October 21, 2016

EU leaders said they will consider all options against the Syrian government and Russia for atrocities committed in Aleppo, but met resistance from Italy in the issue of imposing new economic sanctions.

Hungary in search of lost competitiveness

Blanka Zoldi in Brussels October 18, 2016

Rattled by a sharp slide in competitiveness, Hungary says it plans to slash red tape. However, erratic policymaking, corruption and the state of the education system are the big issues.

Hungarian construction output trims fall in August

bne IntelliNews October 17, 2016

Hungary’s construction output trimmed its fall to 9% y/y in August. The result marked the eighth month of decrease in a row, but also added to signs that the free fall is set to slow.

CEE defence procurement still more ‘jaw-jaw’ than ‘war-war’

Nicholas Watson in Prague October 13, 2016

A combination of factors is creating the conditions for a boom in Central and Eastern European defence procurement. But as Poland’s sudden decision to scrap a $3.5bn helicopter deal shows, the region remains a tricky place to do business.

Erste seeks to re-establish trust through social banking

Tim Gosling in Vienna October 13, 2016

Erste plans to roll out "banking for the unbankable" across CEE, seeing its social banking drive as an investment in a future generation of successful entrepreneurs.

Auto sector fuels rebound of Hungarian industry in August

bne IntelliNews October 12, 2016

A rebound of the vital carmaking sector helped Hungary’s industrial output return to growth in August following two months of decline.

Expectations of recovery rise as Hungarian inflation swings back into positive territory

bne IntelliNews October 11, 2016

Hungary’s CPI swung back to positive territory in September following four months of deflation in a row. The rise pushes hopes of a significant recovery in the headline data.

Newspaper's sudden shutdown raises fears over Hungarian press freedom

Blanka Zoldi in Brussels October 9, 2016

Hungary’s leading left-wing paper Nepszabadsag unexpectedly suspended publication on October 8. Suspecting political pressure, thousands protested in front of parliament, claiming the government continues to try to smother the freedom of the press.

Extra work days send Hungarian industrial output surging in August

bne IntelliNews October 7, 2016

Following two months of decline, Hungarian industry returned to growth in August, increasing 11.1% y/y in unadjusted terms, compared to a drop of 4.7% y/y in July, statistics office KSH reported on October 7.

RBI and RZB boards agree merger outline for Austrian lender

bne IntelliNews October 6, 2016

RZB and RBI said in May that they were examining a merger as a way of reinforcing their capital buffers in the face of tougher regulatory requirements following the global financial crisis.

FINTECH: Hungary’s aims to become Europe’s

Blanka Zoldi in Budapest October 5, 2016

Gyorgy Mudri only launched the beta version of his personal finance management app late last year, but he is already aiming for it to become “the European and even better”.

Hungarian retail sales growth accelerates in August

bne IntelliNews October 5, 2016

Central European factories eye signs of a rebound

Tim Gosling in Prague October 3, 2016

The improvement will be welcome, especially in Poland where industrial output has proved weaker than hoped throughout most of the year. The rebound follows early signs of an uplift in the Eurozone and a turnaround in confidence in Germany.

Hungarian PM claims victory despite referendum failure

Blanka Zoldi in Brussels October 3, 2016

Turnout in Hungary's referendum on the EU’s migrant quota system was just 40.4%, but the government insists it has a mandate to change the constitution anyway.

Hungary seeks diaspora labour boost as it fights bitter immigration battle on other fronts

bne IntelliNews September 30, 2016

Companies from the Hungarian food industry are reportedly advertising in Ukraine to attract migrant workers from the diaspora, as the labour shortages in the region increase in intensity.

Hungary and Poland head in different directions in Global Competitiveness Index

bne IntelliNews September 28, 2016

Estonia and the Czech Republic top the CEE chart in the Global Competitiveness Index 2016-2017. While Hungary slumped to the bottom of the pile with the largest slide in the region, Poland surged up the table.

Hungary eyes referendum wins home and abroad

Blanka Zoldi in Budapest September 28, 2016

There's little doubt among members of the ruling Fidesz party that Hungarians will say “no” to the EU’s quota system in the October 2 referendum. There's also plenty of confusion about what comes next.

Bombing in Budapest incites fear of terror ahead of migrant referendum

bne IntelliNews September 25, 2016

Two Hungarian police officers were seriously injured in the detonation of a home-made bomb in the centre of Budapest on the night of September 24.

Concern remains as deceleration of Hungarian retail sales growth for July confirmed

bne IntelliNews September 23, 2016

Hungarian retail sales growth in July – adjusted for calendar effects – accelerated more than previously estimated, but still remains the second slowest rate of expansion year to date, according to a report released on September 23.

Hungary seeks entry to the electric car fast lane

Blanka Zoldi in Budapest September 22, 2016

Aspiring to become a regional leader in electromobility, Hungary is rolling out a series of incentives aimed at raising demand for electric cars.

Register for free to read bne IntelliNews Magazine. You'll receive a free digital subscription.

If you have already registered, enter the information below with the same email you used previously and you will be granted immediate access.

Thank you. Please complete your registration by confirming your email address. The confirmation email has been sent to the email address you provided.

IntelliNews Pro offers daily news updates delivered to your inbox and in-depth data reports.
Get the emerging markets newswire that financial professionals trust.

"No day starts for my team without IntelliNews Pro" — UBS

Thank-you for requesting an IntelliNews Pro trial. Our team will be in contact with you shortly.