Poland, Hungary and Slovakia have already surpassed their end 2019 GDP levels.
Hungary’s consumer prices rose 4.6% y/y in July, slowing from the peak of 5.3% in the previous two months.
Hungarian no-frills carrier the first major European airline to fully recover capacity to pre-COVID-19 levels.
All branches of manufacturing contributed to the increase, but growth slowed significantly in the vehicle segment, which has the largest weighting.
CEE lender cites region’s outstanding resilience during the pandemic and the expected positive impact from the EU’s recovery fund.
Prices elevated by a combination of demand for electricity for cooling and an outage at one of the reactors of Romania’s nuclear power plant.
The Commission now has the tools and the evidence to confront Poland and Hungary; the question therefore is whether it will stand firm this time.
Hungarian media reveal Gruevski set up his company in a Budapest suburb after fleeing North Macedonia to avoid serving a prison sentence.
The EU on 14 July unveiled the details of its proposed Carbon Border Adjustment Mechanism, which aims to protect EU CO2 emitters from carbon leakage by making exporters to the EU market pay for the CO2 they produce.
Viktor Orban's government has refused to deny accusations that it used Israeli spyware to watch journalists and political opponents.
March draws 30,000 in protest against Fidesz's new law banning the depiction of homosexuality in schools.
Referendum widely seen as diversion from Pegasus wiretapping scandal and the suspension of recovery fund money from Brussels.
The world’s largest global debt and equity investors are continuing to invest in renewable energy despite the pandemic, driven by the wealth of investment opportunities, the Institute for Energy Economics and Financial Analysis said.
Ruling party to boycott parliamentary committee meeting on its alleged use of Israeli software to spy on journalists and opposition politicians.
At least 10 Hungarian lawyers, one opposition politician and five journalists' phone numbers are on the leaked list of potential targets.
The first half was particularly strong in the mid-market and smaller-ticket segment.
The European Commission is to publish legislation on July 14 that will detail the EU’s plans, dubbed “Fit for 55,” to reduce greenhouse gas emissions by 55% from 1990 levels by 2030 as part of wider reforms to European energy and climate laws.
Inflation hit a new record for this year, and the highest figure since end-2012.
Issuance has been impressive but in some countries green bonds are still to get off the ground, while in others there is a shortage of high-yield, local currency or 'dark green' issues.
EC President Ursula Von der Leyen demands that Hungary amend its paedophilia law or it will face legal action.