2020 has been one of the worst years in living memory. Worse than 2008. But the global economy should bounce back in 2021 as the pandemic fades thanks to the new vaccines
The main stock markets of Central and Southeast Europe jumped in mid-November on a series of positive news reports of vaccine trial successes that gave hope that an end to the disruption caused by the coronavirus (COVID-19) could arrive within months
MEP Jozsef Szajer, one of the founders of Hungary's ruling conservative Fidesz, tried to flee down a drainpipe when police broke up the illegal gathering of 25 men including several diplomats.
Hungary has become one of the leading international centres of business services in the Central and Eastern European region over the past decade.
The transaction follows a difficult first half of the year for Aegon in Hungary, Poland, Romania and Turkey, where insurance markets suffered the impact of the coronavirus pandemic.
Departure of Jozsef Szajer and fellow moderate conservative Peter Gottfried a blow to the PM, who is locked in a fierce battle with European leaders after vetoing the EU budget and recovery fund.
Capital Economic’s economic sentiment indicator took a step down in November after a broad-based recovery since April across Central and Eastern Europe (CEE).
The upcoming Biden presidency in the US is expected to lead to an easing of trade tensions that have been particularly damaging for Central Europe’s small export-oriented economies, but it doesn’t herald a return to the old, globalised world.
Right-wing leaders of Hungary and Poland met in the Hungarian capital to coordinate their strategy after they blocked the EU's €1.8 trillion budget and coronavirus recovery package.
Warsaw and Budapest are blocking the adoption of the EU’s €1.8 trillion budget for 2021-2027, including the €750bn recovery plan to reinvigorate the bloc’s economy after the coronavirus (COVID-19) pandemic.
MEPs suspect “gross interference” in democratic process in North Macedonia by Hungarian companies close to PM Viktor Orban’s inner circle.
The acquisition is part of Kahoot’s strategy to expand into new areas of learning, whether at school, work or home.
Hungarian government likely to come off poorly from clash with Hollywood actor that puts the international spotlight on its politics.
Hungary's energy regulator MEKH issued an electricity implementation licence for the construction of two new blocks at the Paks nuclear power plant in a fast-track procedure.
The coronacrisis has sent already record-high levels of global debt soaring to giddying new levels, reports the Institute of International Finance (IIF) in a note released on November 18.
Hungarian PM's spin doctors claim Budapest is being punished for position on migration as he faces backlash at home and from his neighbours for vetoing EU budget and recovery fund.
Takeover of Kubernetes-focused Hungarian startup Banzai Cloud is Cisco's second cloud-native-focused acquisition in two months.
The unanimity required during the process gives Poland and Hungary some leverage in negotiations but is also risky in case Brussels finds a way of circumventing the defiant duo.
Industrial output in Hungary grew 2.2% y/y in September, rising for the first time since February.
Given emergency powers to tackle coronavirus, government immediately attempts to ban adoption by same-sex couples and change election rules.