Hungary
The use of the ruble in EU trade settlements reaches a record $15.2bn in March
The use of the ruble in settlements for goods and services exported by Russia to European partners was up 58.5% in March 2024 to record levels, according to data from the Central Bank of Russia.
BOFIT: The bilateral relations between China and the European Union are important but challenging
In early May, Chinese President Xi Jinping visited Europe for the first time since 2019. The destinations of the visit were France, Hungary and Serbia. China sought to improve its relationship with Europe, but relations remain tense.
Global warming acceleration at its peak but the La Nina effect this year will reduce temperatures less than expected
Global temperature is now near its peak due to El Niño aerosol decrease. How far will it fall in the coming La Niña? Less than expected.
COMMENT: Orbán’s new challenger is a bigger threat to the opposition
Magyar's TISZA party seems to attract not the voters of Fidesz, but those of a few smaller opposition parties that may now struggle to cross the threshold to enter parliament.
EBRD2024: EBRD expects Emerging Europe growth boost in 2024, but slightly lowers forecast
Development bank makes downward revision in latest forecasts after worse than expected Q1 figures for Central Europe.
University of Ljubljana students occupy faculty in protest against military operations in Gaza
Students at the University of Ljubljana have occupied the main lecture hall at the Faculty of Social Sciences in protest over Israeli military operations against Hamas militants in the Gaza Strip.
Hungarian government hails Xi’s visit as of historic importance
China and Hungary elevated ties to a comprehensive "all-weather" strategic partnership.
Trees are “coughing not breathing” due to climate crisis stress, study finds
"We found that trees in warmer, drier climates are essentially coughing instead of breathing," a study by Penn State found.
China and Hungary sign 18 agreements during last leg of Xi's European tour
Chinese President Xi Jinping said mutual political trust provided a "firm foundation" for strengthening Chinese-Hungarian ties in a joint press conference with his host, Hungarian Prime Minister Viktor Orban on May 9.
April 2024 sets global moisture record
April 2024 set a global moisture record for the planet, reports climatologist Ben Noll
Hungary gears up for visit of Chinese President Xi Jinping
Hungarian government's invitation to Xi on Europe Day and the 20th anniversary of Hungary's accession to the bloc is a blatant message to the EU.
OTP reportedly makes bid to buy Tallinn-based Luminor Bank
Luminor is the third-largest bank in the Baltic states and is reportedly valued at more than €2bn.
Orban's government opts not to commemorate 20th membership of EU accession
Hungary has slid to second poorest member state under Hungarian strongman's corrupt rule.
‘Accession bonus’ gave new EU members advantage over fellow emerging markets
EBRD research shows GDP per capita in 8 CEE countries that joined the EU in 2004 has close to doubled as a share of Germany’s GDP per capita.
20 years after accession 'big bang' wiiw economists say CEE needs a new model to catch up with the West
Eastern EU members are growing much faster than the eurozone, but must focus more on innovation for a full catchup.
Central European populism bites the hand that feeds it
20 years after Central European countries' accession, the region's populists present a grave threat to the EU's fundamental values.
Preliminary Q1 GDP data shows Hungarian economy posts modest rebound
GDP grew 1.1% year on year in Q1 and by 1.7% when adjusted for calendar effects.
COMMENT: Testing the limits – the politics of EU membership in CEE 20 years after accession
Apathy and lack of trust in national institutions, combined with ‘convergence fatigue’, have created favourable conditions for populist forces that have degraded the quality of institutions in many of the CEE states that joined the EU in 2004.
THE VIEW FROM MITTELEUROPA: Has EU enlargement been an economic success story?
20 years after the accession of Central Europe, EU enlargement can be seen as an engine of economic growth, even if it was not a success everywhere and in all areas.
Orban uses CPAC to bolster role in growing 'anti-globalist' coalition
Orban is admired by representatives of the Trumpist US right-wing for his tough immigration policies and advocacy for families and Christian conservatism.