Poland: Inflation breaks records after soaring to 13.9%, economists warn of further increases
In the biggest blow to the Polish economy since February 1998, inflation…
Each time Chancellor Scholz calls the Kremlin, alarm bells should ring across Europe
At the dawn of the Third Polish Republic, Polish intelligence warned about…
Natural gas prices to triple in Romania
Romania's largest energy suppliers will increase the price of natural gas by…
German inflation hits 49-year high and prices are expected to rise further
German inflation hit another high in May, reaching the highest level in…
Poland seeks to attract major investors during World Economic Forum as PM assures attendees of country’s economic stability
Poland will not be hit by recession and its economy will grow…
Entrepreneur Mészáros remains Hungary’s wealthiest with assets valued at €1.22 billion
Hungarian entrepreneur Lőrinc Mészáros has kept his top position among the country's…
Hungary’s windfall tax to mainly target energy companies and banks
MOL, the integrated oil and gas group, will be the largest single…
Hungary slaps windfall tax on corporations to cover costs of war
Hungary will levy a windfall tax on corporations in a range of…
Hungary crowned the marriage capital of Europe
Hungary has the largest proportion of married couples per capita in the…
Are sanctions failing? Russia’s ruble nears 7-year high against euro
Despite widespread sanctions against Russia for its ongoing invasion of Ukraine, the…
Revealed: In the 1990s, Germany worked to fragment Poland’s political scene for economic benefit
Polish intelligence services had information that Germany was actively working to split…
1 in 4 Brits forced to skip a meal as food prices soar
Due to soaring food prices, one in four British nationals are forced…
Opportunist Ukrainians raid Poland’s second-hand car market due to abolition of customs charges
In February of this year, a huge wave of refugees flowed into…
Hungary needs a self-sufficient economy, ministerial candidate tells parliamentary committee
To move forward in the current economic climate, Hungary must develop not…
The pandemic crisis is over for the Polish economy
Only two quarters in the past several years were better for the…
Russians line up for their last McDonald’s meal after franchise announces intention to leave Russia
Many Russians lined up at McDonald's Moscow units for a last meal…
Hungarian GDP jumps 8% in Q1, but leaner times seen ahead
Hungary's GDP rose by 8 percent year-on-year in the first quarter of…
Poland should come before Germany when it comes to rebuilding Ukraine
The scale of destruction of many places in Ukraine brings to mind…
Hungarian tourism shows strong signs of recovery
Hungarian tourism showed huge signs of recovery in the first quarter of…
Adopting the euro currency won’t fix Poland’s economic problems
High inflation, war in Ukraine, currency fluctuations, and increased interest rates are…
Poll: Majority of Poles feel decline in standard of living due to inflation
A new poll shows that 67.7 percent of respondents said they have…
Germany’s tragicomic energy policy: Vital natural gas project could be blocked to protect porpoises
"Environmental protection is a feel-good topic to hide hard-nosed ideology," wrote Marco…
Poland hit record-high foreign direct investment in 2021
Foreign direct investment (FDI) flowing into Poland hit a record high of…
Poland’s interest rates rise once again
Poland’s Monetary Policy Council has agreed to raise interest rates by 0.75…
Ukrainians could greatly aid Polish economy, says Polish PM
Poland will benefit from an influx of Ukrainian workers, said Polish Prime…
‘Poland and Europe are now passing the real test of maturity,’ says PM Morawiecki on the anniversary of Poland’s EU membership
On the 18th anniversary of Poland joining the European Union, Polish Prime…
Polish government reaches truce with union over air traffic controllers’ pay
Poland's Transport Minister Andrzej Adamczyk confirmed on Thursday that an agreement had…
Iconic Hungarian lighting company lays off half its staff
One of Hungary's most iconic factories, the Tungsram Group, is laying off…
To fight inflation, Hungary extends fuel and basic-foods price caps
In order to shield Hungarian consumers from the effects of mostly energy-related…
Hungarian central bank continues interest rate hikes
The Hungarian Central Bank (MNB) on Tuesday again raised interest rates by…
Polish government to support borrowers as interest rates move higher
The Polish government has prepared a plan to help borrowers hit by…
This is how much it will cost the EU to rebuild Ukraine
The European Union plans to set up a solidarity fund to finance…
Polish and European inflation caused by geopolitics, says Polish expert
Inflation is a major topic in Poland, but without the "Putin effect,"…
Britain will send Channel migrants to Rwanda
Wrapped in a conspicuous concern for refugees and misplaced anger diverted towards…
Polish coal mine closures may be slowed down, hints deputy PM
Poland may need to slow down the process of closing its coal…
Peak of German prosperity is ‘probably over’ — CDU chief Friedrich Merz prepares for economic decline
The opposition leader in the German Bundestag and head of the CDU…
Poland’s economic growth forecast slashed by World Bank as war in Ukraine hits home
Poland's economic growth forecast for 2022 has been slashed from 4.7 percent…
Slovakia’s decision to gift S-300 batteries to Ukraine ends in domestic upheaval
While the small Eastern European country of only 5 million might be…
Poland raises interest rate by historic 1-percentage point as inflation bites
The National Bank of Poland has increased its interest rate by one…
Report: Every third company in Poland willing to employ Ukrainian refugees
A third of Polish companies have declared their readiness to hire Ukrainian…
Disney embraces woke political activism designed to destroy families
The children’s entertainment giant Walt Disney is starting to resemble a radical…
Germany’s Aldi supermarket hikes some food prices 20% to 50% as inflation surges
Due to sharply increased costs, Germany's largest discount chain Aldi increased prices…
Poland to end Russian oil, gas and coal imports
On Wednesday, Polish Prime Minister Mateusz Morawiecki presented "the most radical plan…
Trade between Poland and Africa grew by 30% in 2021
The estimated trade exchange between Poland and African countries in 2021 amounted…
Poland to slash personal income tax to 12% as part of government’s ‘Anti-Putin shield’ proposals
The Polish government has announced a significant tax cut to personal income…
EU approves Orbán’s request for funding
The European Commission has approved the release of EU funds to Hungary…
‘We’d win the European Championship for tax cuts!’ — Szijjártó hails Hungary’s economic performance despite pandemic
Hungary has witnessed record levels of foreign investment, record export figures and…
France freezes €22 billion worth of Russian assets; Australia bans aluminum exports
France has frozen €22 billion worth of Russian assets, which equals approximately…
Fewer Americans traveling to Europe as war sees tourism numbers plummet
Many Central and Eastern European countries have experienced a significant drop in…
IMF transfers $1.4 billion emergency loan to Ukraine
The International Monetary Fund (IMF) has approved $1.4 billion in emergency funding…
Poles won’t run out of food, food prices will rise sharply due to Ukraine war
Polish food security is not currently at direct risk due to the…
Polish central bank raises interest rates once more in effort to tame inflation
The decision taken on Tuesday by the Monetary Policy Council to raise…
Russia to nationalize assets of companies leaving country
A Russian government commission on Wednesday approved a bill to nationalize the…
Who says the war in Ukraine has no winners?
That Russian President Vladimir Putin decided to ruthlessly crush his real or…
One piece of good news as energy prices explode in European markets
With the war in Ukraine raging and gas and energy prices climbing…
Russian money laundered in European capitals fuels Ukraine crisis
This week's invasion of the Donetsk and Luhansk region by Russian troops…
Hungary had highest economic growth in the EU in 2021
The Hungarian economy is showing the highest performance across the entire European…
New car sales in Europe drop for seventh consecutive month
New car sales across Europe dropped by 6 percent in January compared…
Hungary’s price caps help central bank’s inflation fight
As fuel prices are inevitably embedded in the price of any product…
Inflation in Poland hits 22-year high at 9.2%
Inflation across Poland grew to 9.2 percent in the year to January…
Hungary extends fuel price cap for another three months
Hungary will extend the fuel price cap for another three months, the…
Job creation and high-tech industries are key to economic recovery, says Hungarian central bank chief
Hungary must concentrate on creating jobs and a high-tech industry, the governor…
Polish economy expected to grow at faster rate than EU average over next two years
Poland's economy continued to defy expectations in the second half of 2021…
Hungary pays tax refund to families with young children
Starting Friday, the family tax refund will arrive in the bank account…
Romania debates price cap proposed by socialists
Romania is embroiled in a political debate about price caps, after a…
Hungarian exports grew 14% last year, foreign minister praises ‘Hungarian model of crisis management’
Hungarian exports last year showed a "brutal" 14 percent growth to €119…
Germans flock to Poland to fill up on fuel after Polish tax cuts see German prices undercut by up to a third
Poland has witnessed a significant rise in petrol tourism from Germany following…
Romania may copy Hungary’s food price cap as inflation rises
Marcel Ciolacu — the leader of the Romanian Social-Democrat party (PSD), which…
Polish economy grew by 5.7 percent in 2021
The Polish economy bounced back from its 2020 slump to grow by…
German-Hungarian bilateral trade transcended political differences to reach record levels last year
Hungary will continue its successful economic ties with Germany regardless of the…
EU talks tough on Russia, but business between East and West is booming
Hungarian Foreign Minister Péter Szijjártó discussed what he believes is the hypocrisy…
Covid-19 restrictions cost German economy €350 billion, AfD party calls for end to restrictions
The coronavirus pandemic measures has to date cost the German economy approximately…
2 ways Hungary can ensure sustainable economic growth
Among the Hungarian challenges of this decade, the continuation of economic catching-up…
Poland became a key intermediary in clothing trade between Asia and Western Europe during the pandemic
The global pandemic has seen Poland secure itself as a key intermediary…
The EU’s 2022 roadmap will deepen Europe’s divisions
The Hungarian conservative think tank, the Center for Fundamental Rights, has published…
PKN Orlen to sell Lotos assets to Aramco, MOL to complete takeover
Saudi Aramco, the world’s largest energy-chemical company and Hungarian MOL will be…
World Bank raises Hungary’s economic growth forecast for 2021 and 2022
The World Bank increased its forecast for Hungarian economic growth for 2021…
Poland introduces anti-inflation shield, lowers VAT for food, fuel and energy
The VAT reductions are an element of the so-called anti-inflation shield 2.0…
Inflation threatens Poland’s GDP growth
Inflation rates are breaking a new record every month in Poland. In…
Polish economy ranked 6th in the world for its handling of the pandemic
The Polish economy has been ranked joint-sixth in the world for its…
Four reasons why the Chinese economy could overcome gloomy predictions and see exponential growth in 2022
The Chinese economy could grow significantly faster this year than initial predictions…
Globalist vs. patriotic economic policies: Hungary and Greece as a case study
Around 2010, it became fashionable to talk about the economic policy pursued…
Poland raises interest rates to highest level since 2014
The Monetary Policy Council (RPP) has decided to increase interest rates for…
Hungary ended 2021 as ‘investment grade’ at Big Three ratings agencies
Hungary closed the year 2021 with an investment rating with all three…
Hungarian 2021 retail trade exceeds pre-Covid volume
Retail trade in Hungary grew by 3 percent last year, thus also…
Romania may lose billions of euros from EU recovery plan
Romania stands to lose billions of euros from the European Union's recovery…
Hungary to fight inflation with mortgage interest rate freeze for 6 months
The Hungarian government will freeze mortgage interest rates for six months in…
Poles set aside spending as household appliance sales drop
Polish consumer spending on household appliances has slowed compared to figures earlier…
Romanian ex-pats sent home more money than country received in foreign investment in 2020
For the first time in ten years, the money sent home by…
Hungarian economic recovery will be faster than expected: finance ministry
The growth of the Hungarian economy remains one of the fastest in…
Poland’s GDP growth will amount to 5.4% in 2021: report
High growth in retail sales, a strong rebound in the construction sector…
What are the most and least prosperous EU countries?
A report into the levels of actual individual consumption (AIC) in the…
Hungary’s inflation mostly due to external factors
Eighty percent of Hungarian inflation is due to external factors, Hungarian Central…
Supply bottlenecks and pandemic slow down German growth
Germany is on the verge of a recession this winter, as supply…
Hungarian central bank increases interest rate to fight inflation
The Monetary Council of the Hungarian Central Bank (MNB) further increased its…
Dutch economist blames inflation on profit-hungry corporations
Pandemic-related supply disruptions and wage increases may be among the factors driving…
Hungary raises pensions by 5% to compensate for inflation
In order to compensate for inflation, the Hungarian government will bring forward…
Hungary becomes magnet for Asian companies, South Korean firm invests €724 million in new plant
South Korean aotumotive firm EcoPro BM will set up its first plant…
Hungary opposes EU plans to interfere with national taxation
Hungary plans a post-epidemic economic relaunch based around tax cuts, and does…
Hungary’s Central bank head opposes re-nationalization of Budapest Airport
In an article in daily Magyar Nemzet, Hungarian Central Bank governor György…
