Hungary could decouple from Russian gas – report
Hungary could realistically replace Russian gas imports, according to local analysts, who say its dependence is reliant on the will of...
Hungary
EU’s highest inflation in Hungary, Baltics
Annual inflation in the EU was 10% in January, according to the latest report from EU statistics office Eurostat. Of the 12...
EU goes legal with Poland over rule of law
The European Commission (EC) has referred Poland to the Court of Justice of the European Union (CJEU) for violating EU law,...
Hungarian ‘megabank’ gets green light
A new Hungarian bank is set to emerge from the merger of MKB Bank and Takarekbank as overseen by Magyar Bankholding...
Hungary bails out steelmaker Dunaferr
Hungarian Prime Minister Viktor Orban met with a working group aiming to save the indebted steel company Dunaferr on Wednesday, 1...
OTP snaps up Slovene bank, plans merger to create market leader
OTP Bank has been cleared by Slovenian Competition Protection Agency (AVK) to acquire Nova Kreditna Banka Maribor (NKBM), Slovenia's second largest...
Credit rating agencies Fitch, S&P, demote Hungary
Standard & Poor’s (S&P) downgraded Hungary's credit rating by one step to the lowest investment grade of BBB- on Friday, partly...
Hungary secures EUR 1.6bn Vodafone purchase
Hungary has finalised a deal to acquire Vodafone Europe’s Hungarian unit for HUF 660bn (EUR 1.6bn) in the largest state purchase...
Romania, Hungary sign deal to lay world’s longest electricity cable
Hungary and Romania were among the four signatories of an agreement to construct a 1,100km (685 mile) power line under the...
Hungary, EU agree conditional release of disputed funds
The Council of the European Union adopted legislation Friday on releasing funds for Hungary’s EUR 5.8bn Recovery and Resilience Facility (RRF)...