Hungary

Despite differences over Ukraine, V4 leaders stress the platform is not dead

Albin Sybera, Robert Anderson in Prague February 28, 2024

Split over Ukraine has led analysts and journalists to describe the group as the V2+V2 rather than the V4, and to speculate whether it had a function anymore.

Hungarian central bank cuts key rate by 100bp to 9%

Tamas Csonka in Budapest February 27, 2024

Hungary’s economy has seen strong and general disinflation as headline CPI last month fell 1.7pp on a monthly basis to 3.8%.

Macron says sending Nato ground troops to Ukraine should not be ruled out

bne IntelliNews February 27, 2024

French president says Russia now presents a greater danger and nothing should be excluded.

Hungarian parliament finally ratifies Sweden's Nato membership

Tamas Csonka in Budapest February 27, 2024

The saga has further strained Hungary’s ties with allies, undermined the country’s credibility and reinforced views that Prime Minister Viktor Orban serves Russian interests.

Commercial real estate investment dropped by 55% in Central Europe in 2023, says Cushman & Wakefield

bne IntelliNews February 26, 2024

The highest proportion of the capital went into the office sector, although its share dropped from 41% in 2022 to 32% in 2023 because of the increasing trend towards remote work.

Romania’s president pitches to be CEE's candidate for Nato top seat

bne IntelliNews February 23, 2024

The alliance's CEE countries had hoped to be strong contenders to helm the alliance this time around, but the Netherlands' Mark Rutte appears to have it in the bag already.

VISEGRAD BLOG: Poland will be a test case of how to reconquer the state and rebuild a liberal democracy

Robert Anderson in Prague February 22, 2024

Liberals are fundamentally misunderstanding the nature of the PiS system if they believe Donald Tusk should tread water.

Hungarian State Audit Office fines opposition parties for alleged foreign campaign financing

Tamas Csonka in Budapest February 21, 2024

The Orban government aims to cut off all kinds of funding to its political opponents, while it has an unlimited pool of state funding for campaigns.

Hungary’s parliament finally sets date to ratify Sweden’s Nato membership

Tamas Csonka in Budapest February 21, 2024

Hungary’s defiance over the issue has led to further souring of relations with the United States.

Hungary spent whopping €3.5bn on propaganda between 2015-2023

bne IntelliNews February 20, 2024

State advertisement contracts roughly equal half of the entire spending in Hungary’s communication market.

CEE losing competitiveness because of soaring wages and weak productivity growth

bne IntelliNews February 19, 2024

Unit labour costs have surged by 25% since 2020 – something not seen since the early 2000s, says Capital Economics

Hungarian influencers organise huge rally to support victims of child abuse

Tamas Csonka in Budapest February 19, 2024

Biggest rally against Viktor Orban's regime since he took office in 2010.

Hungarian government officials, Fidesz cold shoulder US bipartisan delegation visiting Budapest

bne IntelliNews February 19, 2024

Senior Hungarian government officials and Fidesz parliamentary representatives declined to meet with the bipartisan US Congressional delegation on a mission focused on strategic issues confronting Nato and Hungary.

Clear east-west divide in EU for gender balance in science and engineering

bne IntelliNews February 15, 2024

Female employment in science and engineering is well above 50% in multiple regions of Central and Southeast Europe, Eurostat figures show.

Hungary's economic recovery stalls in Q4

Tamas Csonka in Budapest February 15, 2024

GDP flat in Q4 and for the full year, adjusted GDP dropped 0.8%.

Children's home crisis threatens very foundation of Orban regime, say analysts

Tamas Csonka in Budapest February 14, 2024

Hungarian strongman accused of "hiding behind the skirts" of his female minions.

Warning of new ice age in Europe as currents in the Atlantic approach a catastrophic tipping point

Ben Aris in Berlin February 14, 2024

The currents that circulate in the Atlantic are approaching a “tipping point” that will change the way water flows around the oceans of the world, which will have a catastrophic climate impact on countries around the world.

EU may sanction Chinese companies for the first time for facilitating Russia’s flourishing trade with friendly countries

bne IntelliNews February 13, 2024

The EU is contemplating the unprecedented step of imposing sanctions on three Chinese companies alleged to be aiding Russia's military actions against Ukraine, Bloomberg reports.

New details emerge on presidential pardon in paedophile cover-up case rocking Hungarian politics

Tamas Csonka in Budapest February 13, 2024

Zoltan Balog, former head of Reformed Church, alleged to be prime mover behind controversial pardon.

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