Hungary slams Austrian supermarket giant Spar, says it should put its own business in order instead of complaining
Last week, Spar turned to the EU, accusing Hungary of unfair taxes
Last week, Spar turned to the EU, accusing Hungary of unfair taxes
The windfall tax was levied on large food retailers in 2022
Hungarian Foreign Minister Péter Szijjártó hailed the investment for allowing Hungarian firms to thrive in the region
Russian central bank assets worth €7.7 billion were frozen in Switzerland following the invasion of Ukraine
European markets are being flooded with cheap and sub-standard Ukrainian agricultural products, says Hungary’s agricultural minister
The U.S. company immediately appealed the fine
Hungary is well on its way to reducing the use of fossil fuels
The United States wants to confiscate the funds in their entirety, while France and Germany propose only spending the interest made off the assets
Germany’s left-wing government rewards itself despite sinking economy and massive budget shortfalls
Orbán said the push for electronic currencies was being pushed by banks, which is why his government will not oppose efforts to ensure the right to cash in the constitution
In theory, Romania only allows Ukrainian grains to transit the country
Farmers have mass protests planned for Madrid and various other cities over the coming week
The EU is making fresh demands that Hungary, Poland and Slovakia stop blocking Ukrainian grain
The CEO of a battery producer warns of a million lost jobs and a mega recession if Europe abandons combustion engines early
Electricity prices in Germany have doubled since 2009
Austria is locked into contracts with Russia until 2040
Hungary is joining the larger European trend
The domestic appliances giant expects almost all of its washing machines to be produced in Poland by 2027
Hungary’s agricultural minister openly backs the farmer protests at the Ukrainian border
Reaching the current climate goals by 2040 would require EU-wide investments of €1.5 trillion a year
The IMF said the UK Treasury should not cut taxes but raise them in the upcoming Budget, sparking accusations of election interference ahead of the election expected later this year
Berlin has the second-highest debt levels in Germany and is running out of money for schools and roads
The mainstream media is now trying to paint the German farmers’ protests as Nazi, writes Magyar Hírlap columnist Pál Dippold
Hungary may follow the example of Italy
The home of the largest steel industry in Europe, Germany is facing a continuous crisis over sky-high electricity prices
The farmers’ protests are akin to the peasant wars that have deep roots in European history, writes economist László Bogár for the Magyar Hírlap daily
French farmers are threatening to stage nationwide protests shortly after German farmers made their voices heard
Europe will never recover its full previous economic power, ECB head Christine Lagarde said in Davos
The Swedish government moves to protect the right to pay cash, pushing back against the incoming cashless society proposed by Brussels
As calls for an AfD ban grow from a terrified left-liberal government and its NGOs, a top Welt columnist details why such a ban would be pure folly
Germany’s leftist government comes closer to collapse after farmer protests
Russia’s market of 140 million people remains a good income source for Western companies, writes Hungarian publicist Áron Nagy
Farmers are suffering due to mass budget cuts while the green-liberal government is splurging on a new luxury helicopter fleet
The lie that migration creates prosperity has been unmasked, writes Junge Freiheit columnist Fabian Schmidt-Ahmad
Farmer protests are not yet finished and will culminate on Jan. 15 with an international demonstration in Berlin
The attack last month caused severe damage to Ukraine’s telecom network
Farmers are against the government’s planned tax increases
The EU assets of the company and its CEO have been frozen, and the CEO has been placed under a travel ban
Soros-backed politicians are trying to send Hungary’s €32 billion in frozen EU funds to Ukraine, argues Hungary’s PM
India will be the world’s growth engine next year, while Germany will slow Europe’s growth for some time
The U.S. funding debate is critical for Ukraine
Left-liberal government plans to cut farmers’ aid by €900 million
Turkey is both a source and transit country for Hungary’s energy needs
The biggest decline in rental vacancies in 20 years sends apartment rents higher and higher
Another MEP described the release of the funds to Hungary as a “catastrophic decision”
All other member states would become net contributors if Ukraine joins the EU
The Hungarian protest is scheduled to last until the end of the year
A new comprehensive Dutch study from the prestigious University of Amsterdam is likely to put to rest claims that migrants and diversity are positive social and financial contributors for a healthy society
Under Germany’s left-liberal government, bankruptcy costs soared to €34 billion in 2023 while 205,000 jobs were lost or are at risk
The final decision is expected before December 15
Czechia says it cannot replace Russian steel
Company leaders and trade unions discuss cutbacks of €10 billion
The Antwerp diamond exchange is the world’s second largest such market, and it could lose out big if the next round of sanctions against Russia goes through
Germany is facing a budget crisis after a top court ruling, with the AfD party, sensing weakness from the ruling left-liberal government, now proposing massive budget cuts
Hungary would receive €1 billion in two tranches
Including Ukraine, the EU would control 30 percent of the world’s grains exports, but it could spell disaster for the bloc’s farmers
Under the new plans, banks will have to provide the service to their customers at no extra cost and within strict deadlines
Prices for small households are the highest
Just one European company made it into the top 10 defense manufacturers in the world last year
Bulgaria’s new energy contribution fee on all natural gas that isn’t proven to not be from Russia will hit Central and Eastern European nations the hardest
The move is the latest evidence of deteriorating relations between the countries as Turkey recently reiterated its support for Hamas
The move would require new roads and a new border crossing point
Péter Szijjártó called the European Union’s decision to arm Kyiv with as many weapons as possible “completely unacceptable”
The country’s population dropped from 22.8 million to 19.1 million between 2000 and 2021
Robert Habeck’s lobbying for more immigration will not be well received by a majority of the country
Romania’s natural gas project Neptune Deep could solve some of Hungary’s gas supply issues
Even if Germany recovers from its current economic crisis, its relative global weight will keep shrinking, financial analyst Zoltán Török writes in business daily Világgazdaság
Germany withdrew its support as a form of political pressure on Bosnian Serbs
Austria’s right-wing opposition slammed Austria’s center-right chancellor after he claimed poor children should eat at McDonald’s
Prices are falling fast in the second quarter, but overall, housing costs are still sky-high for Germans
Slovakia says it will maintain its ban on Ukrainian grains
Romania hopes to be a regional electricity exporter by 2030
Ukraine is already planning to sue Hungary, Poland and Slovakia
China could crash Germany’s wind turbine market — a story the German renewable energy sector has already seen play out before
Ukraine and Croatia are “abusing their positions,” warns MOL, Hungary’s state-owned energy group
The current EU import ban expires on Friday
Rail transfer to Adriatic ports adds a significant amount in transport costs for Ukrainian grain
Germany is pushing for a welfare state while lamenting the lack of people who want to work
The South Korean-Canadian joint venture will make parts for electric cars
Over 1,000 products have utilized deceptive packaging to hide price increases in the last five years
Federation of German Industries President Siegfried Russwurm criticized the federal government for lacking the courage to break outdated rules
The U.S. dollar boasts a 90 percent share of global foreign currency transactions
Germany entered recession this year, with critics pointing to policies from the country’s left-wing government as fueling the crisis
The campaign is aimed at a loophole in the Russian oil embargo
France is Europe’s largest exporter of nuclear power
The family firm is 500 years old, but can it survive Germany’s current government?
The Netherlands becomes the latest European country to fall into recession this year
Thousands of guest accommodation providers are waiting for their money
Deflation is a recurring problem for the Chinese economy
Bacardi has been making a killing in Russia throughout the ongoing conflict
12,000 businesses could face failure if the preferential VAT rate is abolished at the end of the year as planned
After the Black Sea agreement expired, the Danube remains the main export route for Ukrainian grain
The three small countries are still part of the Moscow-controlled BRELL network
The migrants, mostly from the Far East and Central Asia, will be issued temporary visas with no permanent right to settle in Hungary
Foreign tourists continue streaming into Hungary
Romania’s potential for energy independence is a thorn in Russia’s side
Hungary is the second-largest European location for U.S. studios after London
Despite Germans facing growing poverty, a high-earning Green Party MP says Germans should give away more of their wealth
The West doesn’t seem too keen to enforce its $60 price cap on Russian crude