Hungary

Budapest district mayor renames streets after Dalai Lama and Uighur martyrs in protest against China’s Fudan University

bne IntelliNews June 3, 2021

Opposition attacks €1.5bn cost of Communist Chinese university, as well as way it will take land away from planned Student City.

China's CMC inaugurates CEE’s largest solar park in southwest Hungary

Tamas Szilagyi in Budapest May 28, 2021

Solar energy capacity in Hungary has quadrupled between 2015 and 2020 and is set to increase to 6,000Mw by 2030.

bneGREEN: GECF rejects IEA call to end upstream investment

bne IntelliNews May 23, 2021

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.

bneGREEN: The EU’s Green Deal: Putting a carbon price on imports

Richard Lockhart in Edinburgh May 22, 2021

The EU’s journey to net zero threatens a carbon price war with its trading partners

bneGREEN World needs immediate and massive deployment of green tech to fight climate change

Richard Lockhart in Edinburgh May 19, 2021

World needs immediate and massive deployment of green tech to fight climate change, warns IEA in its latest report.

MOSCOW BLOG: The freedom of the press is under attack in both the east and the west

Ben Aris in Berlin May 19, 2021

It’s been a bad few months to be a journalist. The world was outraged by the Israeli rocket attack in Gaza that destroyed the building that was home to UAE-backed Al Jazeera and the international news organisation AP.

Budapest’s liberal mayor enters race to be opposition PM candidate in 2022

bne IntelliNews May 17, 2021

Gergely Karacsony seen as having best chance of winning opposition primary and defeating Hungarian strongman Viktor Orban.

DATACRUNCH: the bne car ownership/age index

bne IntelliNews May 16, 2021

bne IntelliNews has introduced a new index, the bne Car Ownership/Age index (bneCOR), that cuts through the contradictions and paints a much clearer picture of just how far the middle class has come in each country.

LONG READ: The first thing the emerging middle classes of New Europe do is buy a better car

bne IntelliNews May 14, 2021

A middle class is emerging in New Europe but to get a handle on how far the process has gone and what the differences are between each country bne IntelliNews took a look at the icon of middle-class status: car ownership.

ING: Hungary's inflation is back to 2012 levels and above 5%

Peter Virovacz Senior Economist with ING in Hungary May 13, 2021

Headline inflation significantly accelerated in April, reaching a level not seen since end-2012. Fuel and tobacco triggered the acceleration, and there's more to come.

Hungary blocks EU joint condemnation of China’s crackdown on Hong Kong

bne IntelliNews May 12, 2021

Orban has made it a top priority to foster stronger ties with China, which is building the Budapest-Belgrade railway and a Budapest campus for Fudan University.

ING: Hungary’s wages vs consumption puzzle continues

Peter Virovacz Senior Economist for ING in Hungary May 10, 2021

The stronger-than-expected wage growth remains puzzling, as based on the labour market data, the retail sector should not be in a downward spiral.

Central Europe joins the EV revolution

bne IntelliNews May 10, 2021

Could electric cars and batteries generate the new high-tech sector the region so badly needs?

EU has no tools to tackle Viktor Orban’s media conglomerate, says Jourova

bne IntelliNews May 5, 2021

Commissioner says she will discuss creating a media freedom act to protect media freedom as a 'pillar of democracy'.

Hungary and Russia agree five-year delay in start of repayments of €10bn Paks loan facility

bne IntelliNews April 30, 2021

The decision to modify the financial terms of the contract signals that Moscow is not expecting the new nuclear reactor block to go operational before 2031.

Hungary turns down EU's €9.4bn recovery fund credit line

bne IntelliNews April 30, 2021

Government forced to redraft plans after it claims it does not need to use the new loan facility.

Willingness to be vaccinated rises sharply in Emerging Europe

Robert Anderson in Prague April 29, 2021

However, in most countries the numbers of those vaccinated or willing to be vaccinated are still less than 70%, with Southeast Europe closer to 40%.

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