Hungary
Analysts ponder why Viktor Orban is skipping Donald Trump’s inauguration
Hungarian Prime Minister Viktor Orban will not attend the inauguration of Donald Trump on January 20, but will instead deliver a keynote speech at a conference evaluating Hungary's EU presidency on the same day.
China's Xinzhi creates 900 jobs with €120mn investment in Hungary
China's automotive company Xinzhi is establishing a plant in Hungary through a HUF50bn (€120mn) investment.
Hungary's industry mired in recession in November as October bounce proves one-off
Industrial output in Hungary fell 4.2% year on year in November and by 2.9% when adjusted to working days, according to preliminary data from the Central Statistics Office.
German electricity prices highest in Europe, 70% above the European average, with Hungary's the lowest
Germany has been identified as the European country with the highest electricity prices at €416.20 per MWh, the Swedish price comparison company Finansvalp said in a comment emailed to bne IntelliNews on January 9.
US sanctions key Orban ally for corruption
Antal Rogan accused of orchestrating public procurement schemes that enriched himself and other party loyalists.
Hungary’s 4iG seeks further acquisitions in CEE and Western Balkans for rebranded telco operations
Thanks to a streak of acquisitions, 4iG’s revenue has surged from HUF15bn in 2018 to nearly HUF700bn.
EU presidency passes from Putin-whispering Hungary to hawkish Poland
Poland will continue to advocate for continued support for Ukraine fighting Russian aggression, a policy that is expected to come under duress in the early months of Trump's presidency.
PROFILE: Lorinc Meszaros, Hungary's most powerful oligarch
The Opus tycoon embodies the new business elite built by Prime Minister Viktor Orban's semi-authoritarian regime and has also come to symbolise crony capitalism.
COMMENT: The EU’s Green Deal is a “policy disaster”
Energy analyst Dr Tom O'Donnell has issued a stark critique of the European Union's Green Deal, describing it as a "policy disaster" that requires radical reform to prevent further industrial decline and to bolster energy security.
Hungary grants political asylum to fugitive former PiS minister
Hungary justified its decision by raising concerns over the fairness of legal proceedings in Poland, sparking bilateral row.
The EU Council calls for a European geothermal action plan
The energy ministers in the EU Energy Council approved the outline of a European geothermal energy action plan on December 17.
FDI in Emerging Europe hit by geopolitical uncertainty and German slowdown
wiiw report warns lower investment trend could continue as Central and Eastern Europe's role as a production hub for Western companies is waning.
Hungarian households have joint lowest consumption levels in EU
Hungarians and Bulgarians had the lowest spending power among EU member states.
Hungary blocks EU military help to Ukraine and some sanctions against Georgia and Russia
European Commission set to suspend visa-free travel for Georgian diplomats.
Hungary's state utility giant buys E.ON’s energy supply operations in Romania
MVM will acquire a 68% stake in E.ON Energie Romania, which has close to 3.4mn customers, and a 98% stake in regional service provider E.ON Asist Complet.
Hungary and Slovakia block EU sanctions on Georgian Dream
EU foreign ministers consider sanctions on top Georgian Dream officials and limiting the visa-free regime for Georgians.
IMF: The 2004 EU enlargement was a success story built on deep reform efforts
New accession candidates will need to undertake equally ambitious reforms to make the next expansion a comparable success.
Hungary’s automotive sector grapples with slowdown of export markets
Automotive output down 3.9% year-on-year in October.
Orban continues freelance peace mission with visit to Ankara
Orban's solo diplomacy at the start of his rotating EU presidency almost led to Hungary being stripped of its presidency.
Slovakia will continue supplying Czechia with processed Russian oil for another six months
Slovakia prolongs exemption from EU sanctions on oil products from imported Russian oil.