OTP Bank's Ipoteka Bank is serving as a model for the future privatisation of state-owned banks in Uzbekistan and represents a pivotal moment in the country's economic transformation.
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.
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 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.
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.
Development bank makes downward revision in latest forecasts after worse than expected Q1 figures for Central Europe.
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.
China and Hungary elevated ties to a comprehensive "all-weather" strategic partnership.
"We found that trees in warmer, drier climates are essentially coughing instead of breathing," a study by Penn State found.
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 set a global moisture record for the planet, reports climatologist Ben Noll
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.
Luminor is the third-largest bank in the Baltic states and is reportedly valued at more than €2bn.
Hungary has slid to second poorest member state under Hungarian strongman's corrupt rule.
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.
Eastern EU members are growing much faster than the eurozone, but must focus more on innovation for a full catchup.
20 years after Central European countries' accession, the region's populists present a grave threat to the EU's fundamental values.
GDP grew 1.1% year on year in Q1 and by 1.7% when adjusted for calendar effects.
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.
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.