bneGREEN: Hydro’s elderly turbines need fresh investment to contribute to net zero

Richard Lockhart in Edinburgh June 30, 2021

Hydro needs new investment to replace elderly infrastructure and accelerate the road to net zero, the IEA says.

Dutch PM tells Orban he is free to leave EU as pressure grows over Hungary’s anti-LGBT law

bne IntelliNews June 25, 2021

EU set to launch yet another infringement action against Hungary, as 17 EU leaders sign letter pledging to 'continue fighting against discrimination of the LGBTI community'.

MITTELEUROPEAN INSIGHTS: Czech and Hungarian central banks in sync in 2021 but longer term CNB to outpace MNB

Gunter Deuber of Raiffeisen Research in Vienna June 25, 2021

This week the Czech National Bank increased its key interest rate for the first time in the last 16 months, while the Hungarian National Bank did so for the first time in the last 10 years.

bneGREEN: Most green energy beats coal on price in 2020

Richard Lockhart June 24, 2021

162 GW, or 62%, of new renewable capacity was cheaper than new fossil fuel-fired generation in 2020

EU threatens legal steps against Hungary's anti-LGBT regulation

bne IntelliNews June 24, 2021

Thirteen EU states have condemned Hungary’s law in a joint statement, saying the anti-LGBT clauses of the bill violate the right to free expression.

Hungary’s central bank begins monetary tightening cycle by raising rates for first time in 10 years

bne IntelliNews June 22, 2021

MNB becomes first central bank in the EU to raise rates since the outbreak of the pandemic.

DATACRUNCH: Central banks hike rates in the fight against inflation

Ben Aris in Berlin June 22, 2021

The economies of Central and Eastern Europe (CEE) are bouncing back from the pandemic recession but this will also stimulate inflation, posing a dilemma for central banks.

Central European monetary policymakers set to raise rates this week

bne IntelliNews June 21, 2021

Hungarian and Czech central banks could be first in EU to raise rates despite ongoing pandemic.