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Budget is based on optimistic forecast of 4% economic growth next year and includes halving of windfall taxes on banks, pharmaceutical companies and energy suppliers.
European sanctions go through a process of continuous maturation and updating, adapting to current geopolitical sensitivities. European actors are accelerating efforts to adopt the eleventh sanctions package.
Hopes rise Turkish president will clear way for Swedish membership of defence bloc now that his country's elections are over and done with.
The failure of the Nation Alliance under optimal conditions shows that 'big tent' coalitions under a single list often do not succeed in extending the opposition's reach.
President Vucic’s resignation as head of the ruling SNS fails to end demands for political change in weekend of protests.
Democratic governance deteriorates in Emerging Europe and Central Asia, with worst declines in already authoritarian regions.
The MNB's monetary council cut the O/N rate by 100bp to 17% but left the base rate on hold at 13%
Azerbaijan can’t fully substitute for Russian gas at the pan-European level, but it can play a crucial role in promoting the energy security of individual states.
Orban's regime, notorious for its anti-migration rhetoric, says it cannot keep holding the traffickers, citing high costs and overcrowded jails.
Investment to fund FlowX.ai's global expansion and product development.
Hundreds of thousands call for end to violence at third protest since mass shootings as frustration with government mounts.
Justice ministry says delegation had “put forward political expectations beyond the EU’s conditionality procedure and super milestones".
Inflation has peaked in Emerging Europe, Central Asia and North Africa, but rising gas prices in the coming winter will keep pressure on household finances, the European Bank for Reconstruction and ...
Hungarian move follows reports that Ukrainian President Volodymyr Zelenskiy suggested that Druzhba (Friendship) oil pipeline to Hungary should be blown up.
Most Hungarian analysts believe that GDP will grow 0.5-1% this year, which is below the government’s 1.5% target.
Investments would strengthen Hungary’s position as the number one Central European investment destination for Chinese companies.
The EU continues work to hash out an 11th sanctions package on Russia in response to its invasion of Ukraine, which will require the approval of all 27 member states to be finalised.
Hungary’s industrial production fell 4.1% y/y in March, and by 4% when adjusted for working days.
PiS is betting on generous social spending once again in a bid to win an unprecedented third straight term in office.
Russian President Vladimir Putin has introduced a bill to the Russian parliament that will pull Russia out of the Conventional Armed Forces in Europe Treaty, a key Cold War security deal that will heighten military tensions with the West further.