Hungary's big return to the international bond market shows it is expecting a lengthy spat with the EU but it also makes financial sense.
The global pipeline of proposed coal power plants has collapsed by 76% since the Paris Agreement in 2015, bringing the end of new coal power construction into sight, new research by green think-tank E3G finds.
Finland’s Betolar is pioneering the production of low-carbon cement by using alternative industrial waste products in a process that could reduce CO2 emissions by up to 80%.
Targeted EU fiscal rule reform is desirable but should consider the inherent risks for smaller member states.
Last year sales jumped 45% to €2.5bn, fuelled by lockdowns and changing consumer patterns.
Hungary’s headline inflation edged up to 4.9% in August from 4.6% in July.
Opposition pledges to challenge lengthy contracts and licences handed out to regime's favourite oligarchs.
MNB expects the government to use additional proceeds from better-than-expected growth to boost expenditures this year ahead of election.
Auto fleets' shift to electric vehicles in a global drive to cut carbon emissions will involve a drawdown on copper that could transform markets, and spur additional supply.
Analysts are expecting Hungary’s economy to post a record 7% FY growth or even higher as the main drivers of growth are expected to remain strong.
The agreement, to be signed at the end of September and coming into force from October 1, will be in force for 10+5 years.
Hungary’s labour market has been resilient and recovered quickly from the pandemic, helped by coordinated economic protection measures by the state and the central bank.
Strategic partnership agreement will create one of the leading telecommunications holding companies in the CEE region.
Prime Minister Viktor Orban has made a desperate call for people to get vaccinated in an email message sent to millions of Hungarians.
Poland, Hungary and Slovakia have already surpassed their end 2019 GDP levels.
Hungary’s consumer prices rose 4.6% y/y in July, slowing from the peak of 5.3% in the previous two months.
Hungarian no-frills carrier the first major European airline to fully recover capacity to pre-COVID-19 levels.
All branches of manufacturing contributed to the increase, but growth slowed significantly in the vehicle segment, which has the largest weighting.
CEE lender cites region’s outstanding resilience during the pandemic and the expected positive impact from the EU’s recovery fund.
Prices elevated by a combination of demand for electricity for cooling and an outage at one of the reactors of Romania’s nuclear power plant.