EU approves another €1 billion in aid to Ukraine
The Council of Finance Ministers of the European Union member states (Ecofin)…
Hungary hikes interest rate by another 200 basis points
At a meeting that ordinarily does not deal with interest rate modifications,…
Latvia to ramp up defense spending and reintroduce conscription over Russian security threat
It is likely that Latvia will need to increase its defense spending…
Russia posts highest current account surplus since 1994
Despite sanctions that were supposed to cripple Russia's economy, the country has…
Dutch PM promises heavy weapons to Ukraine
Dutch Prime Minister Mark Rutte promised Ukraine heavy weapons during a visit…
Asylum applications in Germany soar by 44% in first half of year
The number of asylum applications in Germany rose sharply in the first…
Hungary says US pressures it to accept global minimum tax
The United States is reportedly pressuring Hungary to change its position on…
Hungarian gas stations see extraordinary demand due to price caps
The Hungarian fuel price cap resulted in extraordinary demand at gas stations,…
Hungarian inflation hits 24-year record in June
Annual inflation in Hungary was 11.7 percent in June, a level not…
