Central Europe / News

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.

Hungarian government abandons €12bn 'Mini Dubai' project amid public outcry

bne IntelliNews February 7, 2025

The government has acknowledged Budapest's pre-emption rights for a 100-hectare brownfield area in the capital, effectively terminating a gigantic €12bn project promised by UAE-based Eagle Hills to build a new city district.

Fidesz in panic mode ahead of release of explosive documentary on Orban family’s wealth

bne IntelliNews February 5, 2025

Investigative outlet Direkt36 has released a trailer for its upcoming documentary on the Orban family’s business empire, sparking accusations from the government that the film is part of a foreign smear campaign.

Hungary’s retail lending soars to record levels in 2024

bne IntelliNews February 5, 2025

The outstanding lending stock of Hungarian households surged by 9.4% to a record of HUF11.1 trillion (€27.3bn) by the end of 2024, according to data from the National Bank. Compared to 2017, the stock has doubled from HUF5.8 trillion.

Viktor Orban's financial savings below national average, his annual asset declaration shows

bne IntelliNews February 3, 2025

Hungarian MPs are required to submit asset declarations, but the system relies on self-reporting with no independent verification. There are no real consequences for misreporting or omitting information.

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