Hungary

Erste Group revises upwards CEE region’s 2021 growth outlook

bne IntelliNews August 2, 2021

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

bne IntelliNews July 30, 2021

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

Robert Anderson in Prague July 29, 2021

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

Valentina Dimitrievska in Skopje July 28, 2021

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

bne IntelliNews July 27, 2021

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

bne IntelliNews July 27, 2021

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

bne IntelliNews July 26, 2021

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

bne IntelliNews July 22, 2021

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

Richard Lockhart in Edinburgh July 21, 2021

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

bne IntelliNews July 20, 2021

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

bne IntelliNews July 19, 2021

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

bne IntelliNews July 19, 2021

The first half was particularly strong in the mid-market and smaller-ticket segment.

bneGREEN: EU carbon pricing set for radical reforms

Richard Lockhart in Edinburgh July 13, 2021

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

bne IntelliNews July 9, 2021

Inflation hit a new record for this year, and the highest figure since end-2012.

bneGREEN: CEE surfs the green bond wave

Robert Anderson, and bne IntelliNews reporters July 9, 2021

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

bne IntelliNews July 8, 2021

EC President Ursula Von der Leyen demands that Hungary amend its paedophilia law or it will face legal action.

wiiw raises its GDP forecast for 20 out of 23 countries in CEE

bne IntelliNews July 8, 2021

The Vienna Institute for International Economic Studies has raised its GDP growth forecasts for 20 out of 23 countries in Central and Eastern Europe as the coronavirus (COVID-19) pandemic starts to recede.

bneGREEN: What is green?

bne IntelliNews July 6, 2021

Defining green energy and indeed green investments is not an exact science, Determining just how green each of the various energy sources are gets complicated once you start digging into the details.

Reporters Without Borders adds Viktor Orban to its list of enemies of press freedom

bne IntelliNews July 6, 2021

Hungarian premier becomes first EU premier on the list, which includes Vladimir Putin, Alexander Lukashenko and Recep Tayyip Erdogan.

Radical rightwing parties sign eurosceptic declaration

bne IntelliNews July 5, 2021

The declaration marks another building block in the attempt to create a strong radical rightwing grouping in the European Parliament.

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