The Hungarian government announced late on February 22 that it will withdraw Budapest’s bid to host the 2024 Olympic Games citing “a lack of national unity”.
New member states demand end to inferior quality branded food products being sold in same packaging.
Hungary's Viktor Orban now has to choose between the potential humiliation of a referendum, or admit defeat and give up on his dream.
After trying to keep asylum seekers out with razor-wire border fences, Budapest now plans to lock those that make it into shipping containers.
Hungary’s economy grew just 1.6% in the fourth quarter of 2016, according to unadjusted preliminary data, statistics office KSH reported on February 14.
The struggle of the carmaking sector to stabilize output remains the main culprit for the continued poor performance of Hungarian industry, data for December released by statistics office KSH on February 14 confirmed.
Hungary’s CPI increased by 2.3% in January from 1.8% the previous month, data from statistics office KSH showed on January 13. The rise was largely in line with market expectations.
Richter illustrates the potential of Hungary’s first-rate pharmaceutical sector, which many in the industry, including Richter’s CEO, expect to become the key driver of the Hungarian economy.
Ruling Fidesz party rattled by grassroots Momentum campaign's success in setting the agenda.
Exposed by President Trump’s folding of the Nato umbrella, Poland may seek additional shelter from Germany.
Following a return - even if feeble - to growth in November, Hungarian industry slumped back into decline in December, statistics office KSH reported on February 7.
Hungary’s retail sales growth slowed in October to 2.6% y/y according to raw data and to 3.2% adjusted for calendar effects, a report released by statistics office KSH on February 3 shows.
The mood between Orban and a pinched looking Putin – on his first visit to an EU member state since Donald Trump’s US election victory in November – was cagey rather than triumphant.
Hungary is the EU country visited most frequently by the Russian president since the annexation of Crimea.
Fintech start-ups are flourishing across Central and Eastern Europe, from Russia to Turkey, though Poland is probably the furthest ahead in establishing itself as the most important regional hub.
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