Latest Economy News
Hungary suspends fuel price cap, blames new EU sanctions for rising fuel costs
The Hungarian government has been forced to suspend its price cap on…
German gas companies sue Russia’s Gazprom for breach of contract
Two German natural gas importers are demanding compensation from Russian state energy…
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…
European Commission proposes freezing €7.5 billion of Hungary’s cohesion funds
The European Commission has adopted the Hungarian recovery program, paving the way…
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…
All EU member states opposed to commission’s gas price cap
All 27 EU member states on Wednesday voiced their disagreement with a…
