Central Europe / News

Hungary to expand energy cooperation with Russia, foreign minister says in live stream from Red Square

bne IntelliNews March 27, 2025

Hungary views the operations of its oil company MOL in Russia as highly successful and expects further expansion, Foreign Minister Peter Szijjarto said during his visit to Moscow.

Four American soldiers missing after exercise in Lithuania found dead in swamp

bne IntelliNews March 26, 2025

The four American troops who went missing during an exercise at the Pabrade training area in Lithuania on March 25 are dead, and their vehicle has been found in a swamp.

Protesters in Budapest rally against amendment to assembly law, blocking bridges

bne IntelliNews March 26, 2025

Thousands of demonstrators gathered in central Budapest on March 25 to demand the withdrawal of a controversial amendment to Hungary's assembly law and against what organisers called techno fascism.

IKEA to make Budapest store world's largest fulfillment centre

bne IntelliNews March 26, 2025

Swedish furniture retailer IKEA will transform its store in southern Budapest to become the world's largest fulfillment centre by 2026, tripling warehouse capacity to support both in-store and online orders from a €50mn investment.

Progressive Slovakia and Smer are neck and neck in latest March poll

bne IntelliNews March 26, 2025

The largest opposition party, centrist Progressive Slovakia, maintains a narrow lead of 21.7% ahead of the ruling Smer party (21.2%) of the populist Prime Minister Robert Fico.

Hungarian central bank keeps rates on hold in first rate-setting meeting under new MNB leadership

bne IntelliNews March 25, 2025

Hungary's Monetary Council left the base rate on hold at 6.5% for the sixth straight month on 25 March at the first rate-setting meeting under the new MNB leadership in line with the consensus.

Latvia faces scrutiny over massive heroin shipment to Germany

bne IntelliNews March 25, 2025

On March 23, Latvian Television’s investigative programme De facto reported on how a massive heroin shipment managed to pass through Latvia en route to Germany, despite prior intelligence warning of such an operation.

TNT ammunition depot in Czechia explodes

Albin Sybera in Prague March 25, 2025

The cause of the explosion is currently unclear, but police said a “technical issue” is “the most likely cause”.

Viktor Orban's rival launches "Voice of the Nation" consultation on economic and political issues

bne IntelliNews March 25, 2025

Hungary's opposition Tisza Party has launched "Voice of the Nation" referendum, aiming to gauge public opinion on a range of social, economic and political issues ahead of next year's elections.

Scandal surrounding Hungarian central bank’s investments spreads to Polish developer GTC

bne IntelliNews March 25, 2025

Hungary's central bank-linked foundations are facing renewed scrutiny over their investment practices after a scathing report from the State Audit Office triggered a sell-off in assets linked to their portfolio.

European Commission launches inquiry over BYD’s Hungarian investment

bne IntelliNews March 21, 2025

The European Commission has launched an investigation into whether BYD received unfair state subsidies from China to support the construction of its Hungarian factory.

Slovak PM Fico insists his policies are ‘sovereign’ after not blocking EU’s Ukrainian policy

Albin Sybera in Prague March 21, 2025

Slovakia’s populist Prime Minister Robert Fico insisted his policies are “sovereign” after he took part in the EU summit, which he had threatened to boycott earlier.

Hungarian PM vetoes joint declaration at EU summit

bne IntelliNews March 21, 2025

"I have vetoed the joint declaration regarding Ukraine because we cannot support any joint position before Hungarians express their opinion on Ukraine's European Union membership," Prime Minister Viktor Orban said on March 20 in a video.

Hungary's State Audit Office files criminal complaint over operation of National Bank foundations

bne IntelliNews March 20, 2025

Hungary's State Audit Office has filed a criminal complaint over multiple suspected offences related to the financial management of the foundations controlled by the National Bank.

Opposition lights smoke flares, sings Soviet anthem in parliament as Fidesz lawmakers restrict right of assembly, banning Pride March

bne IntelliNews March 19, 2025

Hungary's parliament has approved legislation to amend assembly laws in a fast-track procedure that effectively bans Pride marches.

Several EU countries back push to fund Prague-based RFE/RL in response to Trump axeing it

Albin Sybera in Prague March 19, 2025

Member states want EU to fund Radio Free Europe/Radio Liberty after US President Donald Trump issued an executive order aimed at dismantling the Agency for Global Media.

​MOL finds oil in southwest Hungary

bne IntelliNews March 19, 2025

New oil field discovered with a potential production capacity of 1,200 barrels per day.

Slovakia’s populist PM Fico signs agreement with ex-ruling coalition legislators, restoring parliamentary majority

bne IntelliNews March 18, 2025

Slovakia’s populist Prime Minister Robert Fico has signed an agreement with Samuel Migal and Radomir Salitros, who were ejected from Fico’s Smer’s key ruling coalition ally, the conservative centre-left Hlas party.

Wild boars unearth World War 2 mortar shells in Polish forest

bne IntelliNews March 18, 2025

A group of wild boars dug up 21 unexploded mortar shells from World War 2 in a forest near the village of Bięcino in northern Poland, local police in Słupsk said on 17 March.

Lithuania links Russian intelligence to arson attacks in Vilnius and Warsaw

bne IntelliNews March 18, 2025

Lithuanian prosecutors have accused Russian military intelligence of orchestrating an arson attack on an IKEA store in Vilnius in May, the Prosecutor General's Office said on 17 March.

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