Central Europe / News

German automotive industry crisis hits Hungarian suppliers

bne IntelliNews February 13, 2025

German-based automotive supplier ZF Hungary has announced plans to axe 110 jobs at its Hungarian base, citing the downturn in the European automotive sector and declining orders.

Viktor Orban breaks taboo by hosting AfD’s Alice Weidel in Budapest, analysts react

bne IntelliNews February 12, 2025

Hungarian Prime Minister Viktor Orban defied a long-standing taboo by inviting Alternative for Germany co-leader Alice Weidel for an official meeting in Budapest.

Hungary's leading fertiliser producer seeks bond payment deferral amid financial struggles

bne IntelliNews February 12, 2025

Hungary's largest fertiliser producer Nitrogenmuvek is proposing a 2-3 year delay to bondholders in repaying the $200mn corporate bonds due to mature in May 2025,

Hungary marks the first anniversary of Clemency-Gate and the ascent of opposition leader Peter Magyar

bne IntelliNews February 11, 2025

Hungarian opposition leader Peter Magyar is commemorating the first anniversary of the social media post that sparked his political transformation, propelling him from an insider within the Fidesz ecosystem to Viktor Orban’s foremost challenger.

Student protests spread across the Balkans

Denitsa Koseva in Sofia February 11, 2025

Student protests have broken out in Bosnia and Slovenia, with demonstrators rallying in support of protests in Serbia as well as on local issues.

Hungary's Economy Minister hints at reintroducing price caps amid rising inflation

bne IntelliNews February 10, 2025

National Economy Minister Marton Nagy in a social media post on February 10 has hinted that the government may reintroduce price caps to protect households from rising prices.

Slovak populist PM Fico congratulates Musk on dismantling USAID

Albin Sybera February 10, 2025

Slovakia’s populist Prime Minister Robert Fico has congratulated Elon Musk on dismantling the United States Agency for International Development and called on Musk to share information with him about USAID funding in Slovakia.

Viktor Orban references ‘great replacement’ and ‘Reconquista’ in speech at European radical right-wing gathering

bne IntelliNews February 10, 2025

The summit of the Patriots for Europe group in Madrid was a huge demonstration of strength, a powerful parade of troops from a new European right, according to Fidesz commentators after the gathering of radical-right-wing, Eurosceptic parties.

Kaliningrad becomes an energy island after Baltic States cut Russian grid connection

Ben Aris in Berlin February 10, 2025

The Russian exclave on the Baltic Sea has become an energy island after the Baltics States cut themselves off from the Soviet-era BRELL power grid on February 8, thus becoming vulnerable to sanctions.

Hungary’s atomic energy watchdog orders partial halt of construction at Paks NPP expansion site after incident

bne IntelliNews February 10, 2025

Hungary's National Atomic Energy Authority has ordered a partial halt to construction at the Paks II nuclear power plant after a section of the southern wall of the excavation pit collapsed.

Viktor Orban calls for "elimination of Soros network" after scathing documentary on enrichment of Orban family

bne IntelliNews February 10, 2025

Prime Minister Viktor Orban has called for the "full elimination of the Soros network" and stated that sanctions must be imposed against anyone who accepts foreign funds with the aim of influencing Hungarian politics.

Mass protests against Slovak Fico’s cabinet continue as PM holds on to his conspiracies

bne IntelliNews February 9, 2025

Mass protests against the pro-Kremlin turn of Slovakia’s left-right cabinet of populist Prime Minister Robert Fico continued after 42-45,000 rallied in Bratislava alone on Friday, February 7.

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