Tag: economy

The race for the Polish Small Modular Reactor (SMR) market has begun

The Small Modular Reactor (SMR) nuclear technology is nothing new, but its…

Grzegorz Adamczyk Grzegorz Adamczyk

Is the ‘scarcity’ crisis about to get worse?

One of my colleagues recently complained to me that, while others are…

Grzegorz Adamczyk Grzegorz Adamczyk

Only a fraction of normal rate of tourists has arrived in Prague this year

According to the Czech Tourism Union (ČUCR), tourism in Prague faces financial…

Lucie Ctverakova Lucie Ctverakova

IMF lowers growth outlook for Czech economy to 3.8 percent

The Czech economy will grow by 3.8 percent this year and speed…

Karolina Klaskova Karolina Klaskova

Report: Most legal immigrants coming from outside the EU chose Poland for work in 2020

According to the most recent Eurostat report, the number of applications for…

Grzegorz Adamczyk Grzegorz Adamczyk

Poland being considered as a location for new home appliance factories by international companies

In the case of Samsung, the matter concerns the expanded production of…

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Hungarian microbrewery wins two golds in Asia

Hungarian microbrewery Horizon Brewing won two gold medals at this year's prestigious…

Dénes Albert Dénes Albert

Hungarian economy gets double endorsement

Unexpectedly, Hungarian economic policy received significant recognition from two places. First, the…

Dénes Albert Dénes Albert

Inflation in Poland may rise to 7% by end of 2021: economists

On Friday, Statistics Poland released a quick estimation of the inflation rate…

Grzegorz Adamczyk Grzegorz Adamczyk

Polish GDP growth forecast increased for 2021

Credit rating agency S&P Global Ratings has revised its forecast for GDP…

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Poland steadily catches up to wealthiest European economies: report

Statistics Poland (GUS) has published a special report entitled “Poland on the…

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Central Europe could become the ‘factory of Europe’: report

Poland could benefit much from a possible relocation of production from Asia…

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The EU could cut funding to Hungary, but the country has some options

If the European Union makes it difficult for Hungary to access EU…

Dénes Albert Dénes Albert

Poland is fighting for €80 billion Intel investment

Prime Minister Mateusz Morawiecki met with Intel CEO Pat Gelsinger on Sept.…

Grzegorz Adamczyk Grzegorz Adamczyk

Chinese battery maker builds €185 million plant in Hungary

The Chinese company Semcorp is investing more than 65 billion forints (€185…

Dénes Albert Dénes Albert

Croatia to introduce euro by 2023, but risks abound

Despite questionable success in other southern European countries following the introduction of…

Dénes Albert Dénes Albert

The Merkel era ends but problems persist

Putting aside politics, let us examine the state of affairs of Germany…

Dénes Albert Dénes Albert

Hungarian central bank head’s golden rule: The solution always comes from within

President of the Hungarian National Bank (HNB) György Matolcsy has released his…

John Cody John Cody

The EU is not prepared for open, democratic debates, says Hungarian foreign minister

There is no opportunity for real, mutually respectful, democratic debates in the…

Dénes Albert Dénes Albert

Hungarian economy: Central Bank and finance minister at odds on budget spending

While the opposition press presents the — otherwise quite real — debate…

Dénes Albert Dénes Albert

Only 1 in 5 Poles investing their savings: report

Only one in five Poles actually invest their savings, according to survey…

Grzegorz Adamczyk Grzegorz Adamczyk

European countries look at Hungary as a role model, says Justice Minister Varga

Although part of the international media and some politicians like to portray…

Dénes Albert Dénes Albert

Hungarian investments at historic high

In the second quarter of 2021, Hungary saw investments of 2,760 billion…

Dénes Albert Dénes Albert

Czech economy surges by 8.2%

According to a revised estimate by the Czech Statistical Office (ČSÚ), the…

Lucie Ctverakova Lucie Ctverakova

Hungary approaches full employment

The number of job seekers in Hungary is dropping month by month…

Dénes Albert Dénes Albert

Orbán: Booming Hungarian economy means bigger pension bonus this year

The "booming economy" will allow the central budget to pay out pension…

Dénes Albert Dénes Albert

Hungary posts highest-ever Q2 GDP growth

The Hungarian GDP grew by an all-time record of 17.9 percent in…

Dénes Albert Dénes Albert

Competitiveness is key to crisis management, Hungarian Central Bank head says

Hungary should set up an institution in charge of competitiveness, Central Bank…

Dénes Albert Dénes Albert

Home office on the beach? Here is why the dream remains elusive

Due to the protracted epidemic, most companies closed their offices and employees…

Dénes Albert Dénes Albert

Polish GDP shows highest growth in history

Poland's GDP growth is breaking the country's previous records, with strong economic…

Grzegorz Adamczyk Grzegorz Adamczyk

Poland is the EU’s fourth-largest bicycle producer

Eurostat estimates that in 2020 around 12.2 million bicycles were produced in…

Grzegorz Adamczyk Grzegorz Adamczyk

Hungary must pursue its own crisis management – commentary

From 2010 onwards, Hungary has been one of the states that has…

Dénes Albert Dénes Albert

Hungarian industrial output skyrocketed in June

The volume of industrial production increased by 22.0 percent year-over-year in June,…

Dénes Albert Dénes Albert

New tenders opened for sections of Polish Via Carpatia

The General Directorate for National Roads and Highways announced tenders for design…

Grzegorz Adamczyk Grzegorz Adamczyk

Budapest stock index reaches 50,000-point milestone

The milestone level represents a fifty-fold increase over the three decades since…

Dénes Albert Dénes Albert

New home constructions in Hungary pick up after rock-bottom 2020

After last year's low, the domestic new housing market has found its…

Dénes Albert Dénes Albert

Hungarian household financial solvency returns to pre-pandemic level

As of the end of the second quarter this year, the solvency…

Dénes Albert Dénes Albert

Fitch Ratings reaffirms Hungary’s stable outlook

According to a statement from the ministry of finance, Fitch "explicitly praised…

Dénes Albert Dénes Albert

Polish PM Morawiecki: The Polish Deal is a victory for Poles

At a rally in Stary Sącz, Southern Poland, Prime Minister Mateusz Morawiecki…

Grzegorz Adamczyk Grzegorz Adamczyk

Growth of Czech debt is the second-fastest in the EU

The Czech Republic's government debt relative to gross domestic product (GDP) rose…

Karolina Klaskova Karolina Klaskova

Polish Port of Gdańsk will possess one of Europe’s largest container terminals

The Port of Gdańsk management has just chosen an operator which will…

Grzegorz Adamczyk Grzegorz Adamczyk

Polish art market is breaking records despite global drop in art turnover

According to the latest report by international art fair organizer Art Basel,…

Grzegorz Adamczyk Grzegorz Adamczyk

Six reasons why the Central European recovery will be fast

Speaking at a regional conference, Varga said that the first reason for…

Dénes Albert Dénes Albert

Poland is the EU’s biggest raspberry producer

The world’s largest raspberry producers are Russia, Mexico, Serbia, and the United…

Grzegorz Adamczyk Grzegorz Adamczyk

Brussels won’t be able to derail this Hungarian economy

Despite a robust six percent growth predicted for Hungary in 2021, Brussels…

John Cody John Cody

Two years of robust growth ahead for Polish economy

“Punished for claiming the world is round"

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European Commission raises 2021 Hungarian GDP forecast to 6.3%

Lithuanian PM accuses Belarus of aiding illegal migration

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Hungary increases gold reserves to 94.5 tons

Gender theory cannot rule our lives

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Hungary could become a net lender in three years

Debate over monetary payment continues

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Poland will lead economic recovery in the region: report

Austrian anti-migrant sentiment swells after weekend murder of 13-year-old girl

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IMF raises Hungary’s 2021 GDP growth forecast to 6.2%

In parallel, Christians also take to streets

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Poland is a magnet for investors

The Romanian Constitutional Tribunal ruled that the top EU court is operating…

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European Commission launches probe against Google

Green chancellor candidate claims Germans should buy Tesla if they can't afford…

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Fighting inflation: Hungary’s central bank hikes base rate for first time in 10 years

Why is Germany refusing to deport Syrian migrants determined to be a…

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Czechia aims to be a land of ideas, says PM Babiš

Three people were injured

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Hungarian central bank head criticizes 2022 budget

Europeans' focus comfort is behind the critical way in which U.S. views…

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Kaczyński: Poland is preparing for ‘civilizational leap’ with billions of euros in funding

First results disappoint National Rally amid record-low turnout

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Rebooting the economy is the key element of Hungary’s 2022 budget

Cross-border interconnection benefits all states

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Biden and G7 go against the global trend with corporate tax hike plan – commentary

Hungary also ranks second among the Visegrád nations

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Hungary jumps five places in global competitiveness list

Hungarian PM defends anti-pedophile law

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Poland: Warsaw and Łódz will become one metropolitan area with new rail link

The LGBT movement is a form of neo-colonialism and imperialism in the…

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Star economist says era of neoliberal economics is over

What can Hungary expect from today's Biden-Putin meeting?

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Hungary targets 5.2% GDP growth for next year

The Hungarian law comes during "Pride Month" and on the heels of…

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PM Orbán announces income tax refund for families with children

Polish Minister Michal Wójcik believes in the agreement

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Data on Polish economy is absolutely shocking, says Polish economist

Leaders around the world welcome decision

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Hungary’s left-wing opposition would put a huge hole in the country’s budget

Hungary's economic recovery is one year ahead of the rest of Europe

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Hungarian economy to take off this year: opinion

Frontex border agency also failed to provide impact analysis of its actions

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Polish government to introduce 10 ‘Polish Deal’ projects within 100 days

Modern conservatives must be revolutionaries

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Hungary Q1 GDP shows decline but exceeds expectations

Employment rate of migrants is 11 percentage points lower

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Growing German-Polish economic ties don’t equal improving relations

Poland continues its push to expand NATO membership to countries like Georgia

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Migration costs France approximately €25 billion a year, many migrants remain unemployed even after years: academic

Despite the current crisis over the Turów mine, the Visegrad Four must…

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In May, confidence in Czech economy was highest in a year and a half

Gender debate makes reading more difficult and its goals are dubious

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As many as 100,000 businesses may go bankrupt in Germany: report

Poland’s government is satisfied with the conclusions of the EU summit which…

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Hungary urges more free trade agreements with Far East at EU conference

Russian and Chinese vaccines saved lives and money

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Inflation in EU accelerates, Czech prices jump to 4th highest

In terms of air, the New Zealand capital is the best

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Hungarian employment numbers better than before pandemic, ministry says

In the past decade, bilateral relations had shown a marked improvement

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Hungary’s 2022 budget focuses on ‘rebooting’ economy

Solidarity should not be used to cover up problems created by migration

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EU should stop migration instead of promoting it, Justice Minister Varga says

Turkey's president claims that Muslims are being attacked by "racist fascists" nearly…

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Hungarian FM: V4 countries could be winners in post-pandemic world order

PM Orbán argues that Central and Eastern Europe will remain rooted in…

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The EU issues bonds, but markets responds poorly

A massive wave of over 5000 illegal migrants from Morocco broke through…

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German firms want to keep investing in Hungary: opinion

The plant is expected to become operational at the end of 2022

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Poland’s conservative government launches ‘Polish Deal’ to achieve comparable living standards with the West

As the Formula 1 management reshuffles the summer schedule, the Hungaroring race…

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British pubs and restaurants open today, but the entire industry already paid a heavy toll

Hungary's industrial production showed the fastest growth in the European Union in…

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Hungarian industrial growth highest in EU in March

Aristocrats, high-ranking officers, and industrialists lived in squalor for two years

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Romania to auction former dictator Ceauseșcu’s jet

László Tőkés called for Transylvania to be a protectorate of Hungary

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Hungarian tax changes could attract crypto companies

Denmark is the first EU country to say parts of Syria are…

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More than half of Polish companies plan expansions despite pandemic: report

Karen Donfried currently heads the German Marshall Fund

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Poland is now third-largest exporter to Germany, overtaking US

The lawyers of pastor Artur Pawłowski point out that his arrest was…

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Polish PM wants more US engagement with Three Seas Initiative

Unknown culprits added a Hitler moustache to Popiełuszko’s statue, covered it with…

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Hungarian economy could reach pre-pandemic level by year-end

Involved in the European Commission's upcoming report on rule of law in…

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German investors love Czechia

Italy reportedly drove some 15,500 people back to Libya

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Romania faces huge trade deficit with Hungary

"I think the anguish felt over the end of France as it…

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Polish and Estonian presidents agree on military and energy security

Ten-nation NATO exercise began on May 3, the U.S. said

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The LGBT revolution is being presented as a recipe for economic success, but it’s simply not true

The presidents of Poland, Lithuania, Estonia, Latvia and Ukraine signed a joint…

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