Hungary
Nato’s Zeitenwende to reach 2% spending goal – Statista
New data released last week by Nato exemplifies how profoundly the realities of foreign relations have changed over the course of the past three years, Statista reports.
Solar overtakes gas to become Hungary’s second largest source of energy - OWID
A decade ago, solar power was almost non-existent in Hungary. It generated just 0.2% of the country’s electricity. Nuclear, coal, and gas dominated the grid, Our World in Data (OWID) reports.
Hungary launches biggest home loan scheme since regime change
Hungary has rolled out its most ambitious homeownership programme since the transition to democracy, with the government pledging to make property purchases more affordable for first-time buyers.
Future 500 Forum to tackle Europe’s chronic scale-up gap
As Europe lags Asia and the US on competitiveness, a new initiative aims to give Central and Southeast Europe’s most promising companies a shot at becoming global champions, co-founder Stjepan Orešković tells bne IntelliNews.
BRICS leaders gather in China to coordinate anti-Trump alliance
The EU’s 27 foreign ministers will debate seizing Russia’s frozen $200bn at an informal gathering in Copenhagen, as the leading BRICS nations gathered in Beijing to form a common strategy to deal with US trade aggression on August 30.
EU foreign ministers meet to discuss Russia problem
European foreign ministers gathered in Copenhagen to discuss a number of issues with holding Russia to account for the war with Ukraine at the top of the agenda.
Orban government bans ethnic Hungarian military commander from Schengen zone sparking tweet war between Warsaw and Budapest
Hungary is banning from the country, and thus from the Schengen area, the commander who ordered the attacks on the Druzhba pipeline last week.
Economic sentiment improves across Central and Eastern Europe despite new US tariffs
Economic sentiment in Central and Eastern Europe (CEE) rose in August, indicating a potential acceleration in regional GDP growth to around 2.5% y/y, according to a note published by Nicholas Farr, emerging Europe economist at Capital Economics.
Hungary sues EU over use of frozen Russian asset income for Ukraine aid
Hungary has launched a lawsuit against the EU over the use of billions of euros in interest accrued from frozen Russian sovereign assets to finance military support for Ukraine.
EU commits to huge increase in energy imports from US - Statista
One of the key components of the trade deal that the European Union and the US agreed upon on July 27 is the EU’s commitment to massively ramp up energy imports from the United States, Statista reports.
US EPA’s controversial Climate Crisis report is full of lies and mistakes
The US Environmental Protection Agency (EPA) released a controversial report in July claiming the effects of the Climate Crisis were overblown. A fact check by Carbon Brief found it is full of lies and errors.
War of words escalates between Budapest Brussels and Kyiv following the latest Druzhba oil pipeline attacks
US President Donald Trump is very angry with Hungarian Prime Minister Viktor Orban over the attacks on Russia’s Druzhba oil pipeline that lead to an exchange of irate letters over the weekend.