Hungary
Central European economies bounce back from the pandemic
Poland, Hungary and Slovakia have already surpassed their end 2019 GDP levels.
Hungary’s consumer prices ease in July
Hungary’s consumer prices rose 4.6% y/y in July, slowing from the peak of 5.3% in the previous two months.
Wizz Air to hire another 4,600 pilots by 2030
Hungarian no-frills carrier the first major European airline to fully recover capacity to pre-COVID-19 levels.
Hungary’s industrial production flat in June despite global chip shortage
All branches of manufacturing contributed to the increase, but growth slowed significantly in the vehicle segment, which has the largest weighting.
Erste Group revises upwards CEE region’s 2021 growth outlook
CEE lender cites region’s outstanding resilience during the pandemic and the expected positive impact from the EU’s recovery fund.
Heatwave pushes up spot electricity prices in Southeast Europe
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.
VISEGRAD BLOG: The EU finally gets tough with Hungary and Poland
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.
North Macedonia’s fugitive ex-PM Gruevski now flogging tableware and cleaning products in Hungary
Hungarian media reveal Gruevski set up his company in a Budapest suburb after fleeing North Macedonia to avoid serving a prison sentence.
bneGREEN: EU takes carbon pricing initiative with CBAM
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.
Thousands protest over spyware scandal as Hungary's Fidesz boycotts national security committee
Viktor Orban's government has refused to deny accusations that it used Israeli spyware to watch journalists and political opponents.
Indignation against anti-LGBT propaganda draws record crowd at Budapest Pride
March draws 30,000 in protest against Fidesz's new law banning the depiction of homosexuality in schools.
Hungarian PM announces referendum on anti-LGBT law
Referendum widely seen as diversion from Pegasus wiretapping scandal and the suspension of recovery fund money from Brussels.
bneGREEN: Global investors turn to green energy and away from fossil fuels
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.
Hungarian government caught off guard by spying revelations
Ruling party to boycott parliamentary committee meeting on its alleged use of Israeli software to spy on journalists and opposition politicians.
Hungarian government accused of using Israeli software to spy on investigative journalists
At least 10 Hungarian lawyers, one opposition politician and five journalists' phone numbers are on the leaked list of potential targets.
CEE dealmaking back at pre-COVID levels in H1, says Mergermarket
The first half was particularly strong in the mid-market and smaller-ticket segment.
bneGREEN: EU carbon pricing set for radical reforms
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.
Hungary’s CPI rises to 5.3% in June
Inflation hit a new record for this year, and the highest figure since end-2012.
bneGREEN: CEE surfs the green bond wave
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.
Hungary under 'concerted attack' over LGBTQ legislation at European Parliament
EC President Ursula Von der Leyen demands that Hungary amend its paedophilia law or it will face legal action.
