Hungary
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US to present a 28-point ceasefire plan to Ukraine as a fait accompli
A new US 28-point plan to end the war in Ukraine suddenly burst on to the scene on November 20, as the White House hopes to use the growing pressure on Ukraine to force terms on Kyiv as soon as this week.
Home prices in Hungary set for nearly 29% growth in 2025, central bank says
Hungary's home prices jumped sharply this year, with nationwide growth nearing 24% and Budapest close to 30%, and the government's new home loan scheme will push up prices further.
Hungary's Viktor Orban says giving more money to Ukraine is like trying to cure an alcoholic with vodka
Hungarian prime minister took to social media to criticise calls by European Commission President Ursula von der Leyen to provide additional financial assistance to Ukraine.
Tisza Party presents candidates, kicks off online nomination process
The Hungarian Tisza Party has unveiled the first group of candidates for the 2026 parliamentary elections, party leader Peter Magyar announced on November 18.
Hungary global leader in share of solar energy, report shows
Solar power accounted for close to 30% of electricity generation in Hungary in H1 2025, more than in any other country covered in a global report by international independent think tank Ember.
Agreement on US 'financial shield' for Hungary sends forint to 18-month high
After Hungarian PM's visit to Donald Trump, Hungary and the US are working on a new arrangement designed to strengthen Hungary’s financial stability.
Hungary expects record US investments in 2025, FM says ahead of Orbán-Trump meeting
American corporate investments totalling around HUF190bn (€490mn) will flow into Hungary this year, the highest level in a decade, reflecting the new golden era of bilateral relations since US President Donald Trump took office.
Revolut receives green light from central bank to launch Hungarian branch
Revolut has grown into a significant competitor for traditional Hungarian banks, particularly in foreign exchange and money transfers.
Poland plans to become US gas hub to supply Slovakia and Ukraine
Poland will seek to become a regional distribution centre for American gas to supply neighbouring Slovakia and Ukraine, President Andrzej Nawrocki said while on a visit to Bratislava.
EU ministers agree on weaker 2040 EU climate goal with CEE opposed
Poland and three other Central European EU member states voted against a new bloc-wide climate target.
Ukraine gets a B grade from EU: good, but more work needed
President Volodymyr Zelenskiy rejected a two-tier solution proposed by Brussels to accelerate Ukraine’s EU accession bid, after the European Commission (EC) released a progress report on November 4.
Emerging Asia overtakes the UK per-capita benchmark
For the first time since the Industrial Revolution, the major emerging economies including China, India and Indonesia have seen GDP as a percentage of the UK’s GDP increase as the leading BRICS countries start to overtake the Developed Markets.
Hungary, US set to deepen nuclear energy ties during Orbán’s White House visit
Viktor Orban, seeking to secure a temporary waiver from US sanctions on Russian oil, will propose a pragmatic energy deal to Washington, offering deeper cooperation in the LNG and nuclear sectors.
COMMENT: Czechia economy powering ahead, Hungary’s economy stalls
Early third-quarter GDP figures from Central Europe point to a growing divergence between the region’s two largest economies outside Poland, with Czechia accelerating its recovery while Hungary continues to struggle.
Viktor Orban facing delicate balancing act to persuade Donald Trump to ease pressure on Hungary over Russian sanctions
The Hungarian prime minister, long admired in MAGA circles and hailed by Donald Trump as a “great leader” now finds himself for the first time at odds with the US president over the latest US sanctions on Russia.
The Arctic and Antarctica record "off the charts" heat as polar warming accelerates
Parts of both the Arctic and Antarctic have experienced historically high temperatures in recent weeks, with weather stations in East Antarctica recording record-breaking warmth for the month of October, alarming climate scientists.
European diplomacy should have stopped war, Orban tells Italian broadcaster
The job of European diplomacy would have been stopping the war in Ukraine, but Brussels has become "irrelevant" by deciding not to negotiate, Prime Minister Viktor Orban told an Italian TV channel on October 28.
CEE needs a new growth model as FDI plunges
wiiw economist Richard Grieveson says the CEE region’s long-standing model of attracting FDI through low labour costs no longer works.
Estonia has the world’s most competitive tax systems for the 11th year in a row – STATISTA
The Tax Foundation has released its International Tax Competitiveness Index which highlights the most competitive tax rates in different countries around the world. For the 11th consecutive year, Estonia had the highest score in the index.
EU rare earth supply dominated by China and Russia - Eurostat
The European Union remains heavily dependent on China and Russia for rare earth imports, with nearly three-quarters of its supply sourced from the two countries in 2024, according to data published by Eurostat and reported by Statista.