Hungary
Hungarian government to introduce caps on supermarkets' profit margin to rein in inflation
The Hungarian government will cap retailers' profit margins on some staples at 10% from the middle of March and last until the end of May.
BALKAN BLOG: Being a Trump fan isn’t enough to get US support
Some right-wing Emerging European leaders have gained vocal backing from the US, but efforts by Bosnian Serb leader Milorad Dodik and the Georgian Dream party to demonstrate their pro-Trump credentials have been largely ignored.
Hungarian special forces reportedly planned covert operation to rescue separatist Bosnian Serb leader
Investigative news site VSquare says a team from Hungary's Counter-Terrorist Centre was deployed to Bosnia with a mission to help Bosnian Serb leader Milorad Dodik escape in the event of a court-ordered arrest.
Viktor Orban warns against Ukraine's EU membership, says economic package with US is in the pipeline
Hungarian Prime Minister Viktor Orban said the admission of Ukraine to the EU would destabilise Europe's economy and its financial stability.
EU countries weigh costs of planned military buildup
What we know so far about EU member states’ plans to hike defence spending in face of "existential challenge" from Russia, and how this will be financed.
EU leaders back defence spending boost, pledge support for Ukraine
EU leaders unanimously agree to ramp up defence spending at emergency summit, but Hungary refuses to endorse statement on support for Ukraine.
EU Council president says leaders “here to take decisions” as he arrives at Brussels summit
EU leaders to discuss support for Ukraine and strengthening of Europe’s defence capabilities in response to the sudden change in the geopolitical situation.
Fears Russia-friendly EU members to undermine ‘five to midnight’ summit
Hungarian PM Viktor Orban indicated ahead of the crucial summit that he might veto additional support for Ukraine.
Hungary blocks EU Ukraine security proposal
Hungary has blocked a proposed EU security assurances and military assistance proposal for Ukraine ahead of a key summit due on March 6.
OPINION: The EU must bet on nuclear
For Central and Eastern Europe, over reliance on renewable energy for the green transition will compound the already significant challenge of shifting away from a predominantly coal and natural gas based energy network.
Emerging Europe’s Ukraine critics unleashed by Trump’s attack on Zelenskiy
Leaders of Bulgaria, Georgia and Hungary back Trump in row with Ukrainian president and slam Europe's handling of the war.
Viktor Orban urges EU to start direct talks with Russia on Ukraine
Hungary's Prime Minister Viktor Orban has called on the European Union to begin direct talks with Russia on ending the conflict in Ukraine, a move that highlights growing divisions within the bloc over its approach to the war.
Hungary moves to ban Pride March with constitutional amendment
Hungary's government is seeking to ban the annual Budapest Pride March by amending the country’s Fundamental Law (Constitution), a move that legal experts describe as an "unconstitutional absurdity."
State financing of Paks NPP expansion in jeopardy after CJEU advisor sides with Austria
The European Union Court of Justice may overturn a previous ruling that upheld the European Commission’s approval of Hungary’s state aid for the expansion of the Paks nuclear power plant.
EBRD lowers 2025 forecasts citing subdued global growth and trade fragmentation
Weaker external demand and potential impact of Trump tariffs weigh on Emerging Europe, Central Asia and Semed regions, with growth now projected at 3.2%.
Real wages in Hungary rise at fastest pace in 30 years in 2024
Gross wages in Hungary averaged HUF646,800 (€1,620) and net wages came to HUF430,100 last year, both up 13.2% year on year, according to data from the KSH.
Hungary seeks to remove three Russian oligarchs from EU sanctions list, reports RFE/RL
The Russian investigative unit of Radio Free Europe, Systema, has published the names of Russian individuals Hungary seeks to remove from the EU sanctions list.
S&P warns of significant fiscal impact from Hungarian government's pre-election tax cuts
S&P Global Ratings warned that the government's measures of extending PIT exemptions to families and increasing welfare spending before the 2026 elections pose serious economic risks.
Relief in Emerging Europe at AfD’s election defeat, but concern over party's gains
Mainstream politicians across Central and Southeast Europe have expressed relief at the outcome of Germany's general election, which saw the far-right Alternative for Germany make gains but ultimately fall short of securing victory.
Hungarian judges demonstrate for freedom of judiciary
Thousands of judges and court workers held a demonstration in Budapest on February 22 for the freedom of the judiciary, organised by the Hungarian Judiciary Association (MABIE).