Hungary's leading construction materials maker hit by Scope Ratings' downgrade, which was attributed to worsening credit metrics, driven by the prolonged weakness in the construction sector.
The Tisza leader has emerged as a credible challenger to Hungary's longest serving premier and is currently even polling ahead of the ruling Fidesz party.
Stark contrast with Southern Europe, where around half of respondents from Bulgaria, Romania and other countries fear they will have to relocate to escape climate crisis, EIB survey shows.
Dunaferr is the second Liberty Steel operation in Central Europe to collapse.
Opposition parties accuse Mayor Gergely Karacsony of reneging on his promise to oppose the games.
SPP is looking at options to replace Russian gas brought by pipeline across Ukraine.
United Group’s telecoms assets in southeastern Europe have been put up for a potential sale.
Analysts caution that the disinflationary trends may not be sustained into the coming months.
Peter Magyar said the ruling party would launch an unprecedented smear campaign against him this week, which will include wiretapped conversations of MEPs, secret recordings by his former girlfriend and false claims generated by AI.
In the European Union, income per person, one of the main gauges of living standards, is on average one-third less than in the United States, mostly because of lower productivity—as emphasised by Mario Draghi’s Sept. 9 competitiveness report.
The re-election of Donald Trump as US President could become a major headache for Europe that is already struggling to keep its head above recessionary water.
French President Emmanuel Macron urged Europe to embrace "strategic autonomy" in the wake of Trump's victory, advocating for a Europe less reliant on American military protection.
With second largest land forces in Nato, Ankara may have an ace in efforts to join European bloc if Trump takes US on isolationist path.
Germany's industrial sector slipped back into decline in September, with output retreating by 2.7% month-on-month, Oxford Economics reports on November 7.
We have big plans for the future," tweets Hungarian populist premier.
Hungarian Prime Minister Viktor Orban is set to parade his support for Trump at the European Political Community meeting in Budapest on November 7-8.
Hungarian FDI promotion agency says Eastern Opening policy has helped make Hungary a "meeting point" between West and East.
One of the salient points is that would-be members have never been interested in the “values” part of the deal and see the need to adhere to them simply as an annoyance that has to be tolerated if you want access to the transformation grants.
After the collapse of the Soviet Union the only thing almost all the former republics and vassal states wanted to do was join the European Union. It was a no brainer. Not any more. A growing number of countries have cooled on joining the EU.
The agreement represents another success in Beijing's strategy of building support among CEE member states of the European Union.