Hungary

EU opens probe over Slovak aid for JLR car plant

bne IntelliNews May 24, 2017

Slovakia offered the maximum permitted incentives of €125mn to Jaguar Land Rover to win the €1.4bn investment.

CONFERENCE CALL: The only way is nukes

Tim Gosling in Prague May 24, 2017

Without sea or sun, additional nuclear capacity is the only route to decarbonise Central Europe’s power sector, proponents insist.

CONFERENCE CALL: Europe slowly wakes up to Russian disinformation threat

Nicholas Watson in Prague May 19, 2017

While some fret Europe is not doing enough to counter Russian disinformation, others express concern at the STRATCOM Summit 2017 that focusing on this allows Moscow to set the agenda.

MEPs call for Article 7 to be triggered against Hungary

bne IntelliNews May 17, 2017

European Parliament says the rule of law and democracy have seriously deteriorated in Hungary, while the European Commission gives Budapest two months to respond to concerns over its asylum legislation.

Hungary's Q1 GDP surprises to the upside

bne IntelliNews May 16, 2017

Hungary’s economy accelerated to growth of 4.1% in the first quarter of 2017, the fastest pace since the second quarter of 2014.

Xi throws Chinese might behind One Belt, One Road initiative

Clare Nuttall in Bucharest, Kivanc Dundar in Istanbul, Tim Gosling in Prague, Kanat Shaku in Almaty May 15, 2017

Beijing is investing a massive $124bn into the global project to invest into infrastructure and trade networks across four continents.

CEE'S TOP BUSINESS LEADERS: Central Europe

bne IntelliNews May 12, 2017

Our look at which business leaders really matter in each CEE/CIS country, ranked by our correspondents not just on wealth but on influence.

Businesswomen seek a seat at the top table

Clare Nuttall in Bucharest May 11, 2017

The fall of communism has been followed by successive backlashes against feminism, the latest inspired by the election of populist rightwing governments.

Hungarian inflation drops sharply in April

bne IntelliNews May 10, 2017

Hungarian inflation fell to 2.2% y/y in April, statistics office KSH reported in a first release of data on May 10.

CFA tries to raise financial awareness in emerging markets

Liam Halligan in Prague May 10, 2017

CFA Institute managing director Gary Baker talks to bne IntelliNews about winning back trust for the financial services industry and developing the sector's human capital.

CEE slowly warms up to energy efficiency

Carmen Valache in Lund May 10, 2017

Commercial banks have been slow to jump at the opportunity to finance small-scale energy efficiency projects because the return on investment for them tends to be low.

Hungarian MOL ready to sell INA stake to Croatian government

Akin Nazli in Belgrade May 8, 2017

MOL vice chairman says Hungarian company willing to exit INA investment after years of strife with Croatian government.

Hungarian industry shows signs of a serious rebound in March

bne IntelliNews May 5, 2017

Hungarian industrial production showed signs of a serious rebound as it rose to a 17-month high of 12.8% y/y in March, according to data reported by statistics office KSH on May 5.

Hungarian retail sales pick up some slack in March

bne IntelliNews May 4, 2017

Hungarian retail sales growth accelerated to 3.6% y/y in March, and 5.6% when adjusted for calendar effects, statistics office KSH reported on May 4.

Hungary’s Orban backs down as EPP finally takes him to task

bne IntelliNews May 1, 2017

Fidesz leader promises centre-right bloc that he will fulfil EU demands to keep Central European University open.

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