The lowest motorisation rates were found in Romania (357 cars per thousand people), Latvia (381 cars) and Hungary (390 cars).
In times of crisis there is a fight to quality by bond traders who are keen to reduce their risks. However, in this crisis the countries of Central Europe have done surprisingly well thanks to ECB support.
Defining a green investment is crucial to boosting the expansion of renewable energy and preventing the mis-selling of investments by so-called greenwashing, whereby the environmental impact of a product is misrepresented.
Rate-setters raised the central bank’s base rate by 15 basis points to 1.65%, below the 20-30bp hike expected by analysts.
IT experts confirmed that it was not simply an overload but a targeted attack, organisers said.
Hungary's big return to the international bond market shows it is expecting a lengthy spat with the EU but it also makes financial sense.
The global pipeline of proposed coal power plants has collapsed by 76% since the Paris Agreement in 2015, bringing the end of new coal power construction into sight, new research by green think-tank E3G finds.
Finland’s Betolar is pioneering the production of low-carbon cement by using alternative industrial waste products in a process that could reduce CO2 emissions by up to 80%.
Targeted EU fiscal rule reform is desirable but should consider the inherent risks for smaller member states.
Last year sales jumped 45% to €2.5bn, fuelled by lockdowns and changing consumer patterns.
Hungary’s headline inflation edged up to 4.9% in August from 4.6% in July.
Opposition pledges to challenge lengthy contracts and licences handed out to regime's favourite oligarchs.
MNB expects the government to use additional proceeds from better-than-expected growth to boost expenditures this year ahead of election.
Auto fleets' shift to electric vehicles in a global drive to cut carbon emissions will involve a drawdown on copper that could transform markets, and spur additional supply.
Analysts are expecting Hungary’s economy to post a record 7% FY growth or even higher as the main drivers of growth are expected to remain strong.
The agreement, to be signed at the end of September and coming into force from October 1, will be in force for 10+5 years.