Economy

Latest Economy News

Doom and gloom: Consumers pessimistic about 2023; expect inflation, taxes, and unemployment to rise

Consumers across the globe are pessimistic about both their country's and their…

Thomas Brooke Thomas Brooke

European Commission proposes freezing €7.5 billion of Hungary’s cohesion funds

The European Commission has adopted the Hungarian recovery program, paving the way…

Dénes Albert Dénes Albert

Hungary snubbed: EU’s von der Leyen refuses to travel to Budapest to announce multi-billion euro recovery plan

In a departure from convention, European Commission President Ursula von der Leyen…

Dénes Albert Dénes Albert

All EU member states opposed to commission’s gas price cap

All 27 EU member states on Wednesday voiced their disagreement with a…

Dénes Albert Dénes Albert

EU sanctions on Russia blew €10 billion hole in Hungarian budget

The European Union's sanctions against Russia have caused a loss of 4,000…

Dénes Albert Dénes Albert

Italians who refuse job offers to have social benefits revoked, says Meloni

Italians on unemployment benefits who turn down reasonable job offers will have…

Thomas Brooke Thomas Brooke