Central Europe / News
Fidesz launches full-scale assault against Tisza Party MEP over EU funds suspension comment
Hungary's ruling party is seeking to deflect blame for the continued suspension of EU funds by singling out a recent remark made by Kinga Kollar, an opposition MEP of the Tisza Party.
S&P revises Hungary’s outlook to negative, citing stagflation risks and fiscal slippage
Standard & Poor’s has revised Hungary’s sovereign credit outlook from stable to negative, warning that increasing fiscal slippage and persistent inflation could threaten macroeconomic stability ahead of the 2026 parliamentary elections.
UPDATE: Hungary blocks EU sanctions on Serbia's deputy PM
Vulin claims Hungary and Slovakia have blocked EU sanctions on him after he made a series of controversial remarks in the European Parliament earlier this week.
Hungary's leading retailer mulls contingency plan in wake of government-mandated margin cap
Hungary's second-largest retailer Spar, incurred a loss in 2024 for the third consecutive year, weighed down by windfall taxes and state-imposed price measures that have hit its bottom line.
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Slovak opposition parties gain majority in polls as populist PM Fico doubles down attacks on NGOs
Slovakia’s opposition parties would secure a parliamentary majority, according to the April poll by NMS agency. The country’s largest opposition party, centrist Progressive Slovakia, leads the polls with 23.2%, ahead of PM Robert Fico's Smer.
US interim envoy flags energy diversification as key priority for Orban government in first public address
In his first public appearance in Budapest, US chargé d'affaires Robert Palladino stated that American diplomacy under a Trump administration would steer clear of "activism".
Hungary's Q1 budget deficit widens to 62% of full-year target, central bank warns of impact of trade war
Hungary's cash flow-based budget deficit reached HUF831.2bn (€2bn) last month, bringing the Q1 gap to HUF2.55 trillion, or 62% of the full year target, according to preliminary data from the National Economy Ministry.
Hungary braced for blow from US tariffs as Audi, pharma and agri exports hit
Hungary's export-reliant economy is under growing strain as sweeping new US tariffs take effect.
Hungary says no to EU countermeasures targeting US products
Hungary has come out forcefully against European Commission plans to impose retaliatory tariffs on US imports, with Foreign Minister Peter Szijjarto warning that such measures would inflict economic harm on consumers and escalate tensions.
Warsaw Stock Exchange halts trading as global markets tumble
Trading on the Warsaw Stock Exchange was suspended for one hour on the afternoon of April 7, the exchange’s operator said, citing concerns about market stability.
Waberer to double revenue and profit by 2031 with €400mn expansion drive
Waberer's International has unveiled bold plans to more than double its revenue and profit by 2030 targeting €1.7bn in sales and over €100mn in operating profit by 2031 and become Central and Eastern Europe's leading logistics group by 2027.
Hungary steps up efforts to contain infectious foot-and-mouth disease
Hungary is deploying all available resources to combat a recent outbreak of foot-and-mouth disease, according to Agriculture Minister Istvan Nagy, who described the virus as a "terrible" threat to the country's livestock in a radio interview.
Benjamin Netanyahu lauds Hungary’s support for Israel in ICC row, anti-Semitism fight
Israeli Prime Minister Benjamin Netanyahu praised Hungary's "remarkable" support for Israel and the global Jewish community during a joint press conference in Budapest.
Hungary to withdraw from International Criminal Court
Hungary will quit its International Criminal Court membership and will initiate the termination procedure "within the constitutional and international legal framework" on April 3.
US tariffs on EU imports to hit Central and Southeast Europe
European Commission President Ursula von der Leyen says bloc considering retaliatory moves after Trump announces 20% tariffs.
Fidesz submits bill to suspend citizenship, targeting dual nationals seen as national security threats
The draft law specifies that citizenship revocation would apply only to dual nationals who do not hold citizenship from an EU member state or EEA countries (Switzerland, Liechtenstein, Norway or Iceland).
Israeli Prime Minister visits Budapest in first European trip since ICC arrest warrant
Israeli Prime Minister Benjamin Netanyahu was scheduled to arrive in the Hungarian capital late Wednesday night, but according to Hungarian media, he will land at Liszt Ferenc International Airport early morning of April 3.
Viktor Orban's inner circle braces for major shake-up amid mounting political and economic pressures
Hungary's ruling elite is bracing for a major realignment as Prime Minister Viktor Orban is seeking to contain mounting political and economic pressures.
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Fourth dead US soldier found at Lithuania’s training ground
The body of a fourth American soldier has been recovered from a swamp in the Pabrade training ground in eastern Lithuania, the US Army Command Europe and Africa announced on the evening of April 1.
MOL AGM approves massive dividend payout, equating to 9% dividend yield
Hungary’s MOL has announced plans for a HUF220.4bn (€560mn) dividend payout for 2025, as the oil and gas giant seeks to maintain shareholder returns despite earnings cooling from their 2022 peak.