The upcoming Biden presidency in the US is expected to lead to an easing of trade tensions that have been particularly damaging for Central Europe’s small export-oriented economies, but it doesn’t herald a return to the old, globalised world.
Right-wing leaders of Hungary and Poland met in the Hungarian capital to coordinate their strategy after they blocked the EU's €1.8 trillion budget and coronavirus recovery package.
Warsaw and Budapest are blocking the adoption of the EU’s €1.8 trillion budget for 2021-2027, including the €750bn recovery plan to reinvigorate the bloc’s economy after the coronavirus (COVID-19) pandemic.
MEPs suspect “gross interference” in democratic process in North Macedonia by Hungarian companies close to PM Viktor Orban’s inner circle.
The acquisition is part of Kahoot’s strategy to expand into new areas of learning, whether at school, work or home.
Hungarian government likely to come off poorly from clash with Hollywood actor that puts the international spotlight on its politics.
Hungary's energy regulator MEKH issued an electricity implementation licence for the construction of two new blocks at the Paks nuclear power plant in a fast-track procedure.
The coronacrisis has sent already record-high levels of global debt soaring to giddying new levels, reports the Institute of International Finance (IIF) in a note released on November 18.
Hungarian PM's spin doctors claim Budapest is being punished for position on migration as he faces backlash at home and from his neighbours for vetoing EU budget and recovery fund.
Takeover of Kubernetes-focused Hungarian startup Banzai Cloud is Cisco's second cloud-native-focused acquisition in two months.
The unanimity required during the process gives Poland and Hungary some leverage in negotiations but is also risky in case Brussels finds a way of circumventing the defiant duo.
Industrial output in Hungary grew 2.2% y/y in September, rising for the first time since February.
Given emergency powers to tackle coronavirus, government immediately attempts to ban adoption by same-sex couples and change election rules.
Budapest Metropolitan Court ruled in favour of the authority when it rejected the application of Romanian-based telecommunication company Digi to register for participation in a 5G spectrum auction in 2019.
Latest measures fall short of those seen during the first wave of the pandemic, but signal a clear shift away from some of the most lenient policies pursued in the region.
Hungary’s illiberal leader openly endorsed Trump before the US election and admitted he had "no plan B" for a Biden win, while Hungarian pro-government media outlets remained in denial.
There is positive news for all Central and Eastern Europe (CEE) commercial bankers, market observers and investment bankers. The fresh 2020 CEE Banking Report by Raiffeisen Research paints an encouraging picture of banking in CEE.
New restrictions imposed in countries struggling with a vicious second wave of the pandemic.
Hungary is seeing an exponential rise in new cases and people needing hospital treatment, but the government is reluctant to introduce restrictions.
For Central Europe's "illiberal democrats", US President Donald Trump’s re-election would be an affirmation that there is no stopping the global resurgence of the right wing.