MNB becomes first central bank in the EU to raise rates since the outbreak of the pandemic.
The economies of Central and Eastern Europe (CEE) are bouncing back from the pandemic recession but this will also stimulate inflation, posing a dilemma for central banks.
Hungarian and Czech central banks could be first in EU to raise rates despite ongoing pandemic.
Transparency International survey shows citizens of Slovenia and Bulgaria were most likely to think their government was run by a few big interests looking out for themselves.
Hungary’s opposition is putting Meszaros at the centre of its campaign in what promises to be the closest elections since 2002.
The existence of a "greenium" is mostly justified by higher demand for green bonds. We estimate the greenium for each curve separately, ensuring it is not polluted by other factors such as sector or maturity.
The price faced by Russia for aggression must be too high for the Kremlin to countenance, and this is the message that Biden should deliver to Putin – and act upon.
Rate rises could even begin this month, bank governor says, after MNB raises its forecast for average annual inflation to 3.8-3.9%.
Most CEE governments submitted their national plans after the deadline and two (Bulgaria and Estonia) are yet to finalise them.
Private finance is crucial if emerging economies are not to be left behind in the race to net zero, the IEA warns.
There is a cost saving to issuing Green. It varies according to circumstances, but the baseline assumption now is for green yields to be below vanilla ones; not by much, but it's persistent enough.
Host cites to raise their profiles just as international travel starts to revive, but little hope of the usual tourism and consumer spending bonanza.
The Statistical Office has revised up the first-quarter GDP growth for Hungary to 2.0% quarter on quarter. The strong start and details suggest we are likely to see the economy growing by around 7.4% this year.
The European Commission has selected 72 research and innovation projects that will receive €1bn in funding to support the aims of the Green Deal.
Central Europe is facing a prolonged period of higher inflation that is likely to lead to significant interest rate hikes.
Iron prices have surged to nine-year highs in the post-COVID commodities boom that got underway at the end of last year, but that is now pushing up the cost of carbon for producers and eating into their profits.
Opposition attacks €1.5bn cost of Communist Chinese university, as well as way it will take land away from planned Student City.
Solar energy capacity in Hungary has quadrupled between 2015 and 2020 and is set to increase to 6,000Mw by 2030.
The Gas Exporting Countries Forum (GECF) has rejected the findings of the IEA report released last week, instead projecting that gas will increase its share in the global energy mix to 28% from 23% today.
The EU’s journey to net zero threatens a carbon price war with its trading partners