Warsaw's hopes of stopping the Nord Stream 2 gas pipeline were dashed, as Germany and France pushed through a compromise wording of amendments to EU’s gas market rules that will result in the weakening of the bloc’s joint control.
Relations became frosty amid the Obama administration's criticism of deteriorating rule of law and democracy in Hungary, but Washington is making a new push to ensure Hungary and other CEE states don't fall into the Russian camp.
Viktor Orban’s speech was widely seen as the start of the campaign rally for the European parliamentary elections and he resorted to well-known topics, bashing Brussels, warning of the risk of migration and mocking opposition parties.
After five years of decline, Hungary was ranked lowest among European countries, followed by Bulgaria, on the NGO's latest Freedom of the World report.
Istvan Varga admitted he reads independent outlets before browsing government friendly newspapers and websites.
The week-long strike at Gyor continues as wage talks ended without a deal between the Audi union and management.
The value of M&A deals in the region soared by 20.1% in 2018, with investors largely ignoring populism and protests in Central and Southeast Europe, a CMS/EMIS report shows.
Hungary will have to start repaying the loan for the nuclear power plant expansion from 2026, but as the project at least two years behind schedule, it will lose money if the contract is not amended.
Akos Hadházy speaks out after prosecutors decline to investigate violence against opposition MPs at the headquarters of state television MTVA in December.
Faced with a growing labour shortage, companies from Central and Eastern Europe are investing into industrial robots, but Eurostat data shows they still lag behind their western peers.
Opposition Democratic Coalition claims the government could use its access to data on tourists to spy on its citizens, though this is denied by the National Tourism Agency.
"Hasta la vista, Andy!" wrote Hungarian PM Viktor Orban to the former Hollywood producer who revived Hungary's film industry, but was criticised for his involvement in pro-government media.
Last year was a rotten year for portfolio flows with multiple fickle factors driving outflows from the leading emerging markets. And the prospects for 2019 are, if anything, worse.