Budapest will continue to block the opening of further chapters in Ukraine’s EU accession talks until Kyiv implements an agreement on the rights of the Hungarian minority in Transcarpathia.
Hungary is establishing a powerful new environmental authority from January 1, 2027, tasked with tighter oversight of the country’s expanding electric vehicle battery industry.
Hungarian police launched a formal criminal investigation into suspected abuse of office and mismanagement at state-owned Eximbank.
Europe will miss its 90% full target for gas storage by November and is now on course to hit only 68%. Gas prices have already doubled but another 2022 gas crisis is unlikely, according to IntelliNews Lambda's model.
Reform discussion ongoing amid questions over whether the EU's institutions are equipped for another round of enlargement.
Dorsum is one of Hungary's best-known homegrown fintechs and a market leader in securities and wealth-management software.
PMs of Croatia, Czechia and Slovenia say CEE countries should use their growing economic and political weight to shape the EU's future.
Hungary's parliament elected political scientist Anna Unger to head the newly established National Asset Recovery and Protection Office, but the appointment has sparked debate among Tisza Party supporters.
Europe's gas traders have spent the summer betting that the Gulf war would end in time. It has not, and the bill for that bet falls due in November.
4iG is moving into energy, targeting a diversified portfolio of wind, storage and small modular nuclear reactor investments across Central and Eastern Europe and the Western Balkans.
For the first time in the modern history of the relationship, the European Union sells Russia more goods than it buys from it. The EU used to be Russia’s biggest trade partners but little is left from the pre-war boom except fish and fertilizers.
Peter Magyar's new government is reviewing state contracts and spending commitments made under the previous cabinet.
Hungarian households remain financially constrained despite a strong recovery in real wages, with nearly three in ten reporting having no money left at the end of the month.
Higher-than-expected deficit could increase the risk of Hungary being moved to the next stage of the EU excessive deficit procedure.
Rosatom is building 28 nuclear power units in nine countries and has signed agreements for 17 more, its chief executive told President Vladimir Putin.
EU gas storage will be about 77% full when the heating season opens on November 1, 12 points below the fifteen-year norm and short of the 90% target. What happens after that will dependend heavily on the weather.
The Mediterranean has spent the summer soaking up heat. That heat comes back out as rain.
Journalists and editors document more than a decade of political interference at Hungarian news agency MTI by former Fidesz government.
Central bankers do not usually forecast the weather. The European Central Bank's chief economist has just put one into his.
Peter Magyar's government is reviewing 4iG’s ownership, financing and contractual ties with the state, putting the telecoms and defence group’s rapid expansion under the previous Orbán governments under scrutiny.