Banks across Central and Eastern Europe (CEE) and Southeastern Europe (SEE) defied expectations and reported impressive returns on equity (RoE), ranging between 15% and 20% in 2024 Raiffeisen Bank International (RBI) said in its most recent annual banking report on the region.

Hungary wants the European Union to intervene in a gas dispute it has with Ukraine, a potential sign of friction in the bloc’s upcoming discussions over renewing sanctions against Russia.

Az európai uniós külügyminiszterek hétfői tanácsülésén az dönti el a magyar szavazatot, hogy az Európai Bizottság ad-e garanciát arra, hogy a jövőben fellép minden olyan esetben, amikor uniós tagállamok energiabiztonságát fenyegetik az Európai Unión kívülről.

Hungary wants the European Union to persuade Ukraine to resume gas transit from Russia to Europe, Prime Minister Viktor Orban said on Friday, signalling a tough debate as the EU seeks to extend its sanctions against Russia over the coming week.

The European Union renewed on Monday its wide-ranging sanctions on Russia over the war in Ukraine, after Hungary stopped holding up the move in return for a declaration on energy security.

The Japanese Toyota brand's dealerships sold a total of 18,123 new vehicles in Hungary in 2024, up 4.8%, Toyota Central Europe country director Richárd László said.

Hungary, one of Russia’s main friends in the EU, had left its EU counterparts fuming over a refusal so far to approve the move.

Hungary’s perception among its neighbours is a topic of great interest, and a new survey has unveiled intriguing insights into how the country is viewed across the region.

E-commerce platforms with a track record of agility, such as Allegro or eMag, have shown that adaptation can be a formidable bulwark against even the largest global competitors.

The European Union will moved forward with a renewal on Russian sanctions after a deal was struck with Hungary, according to multiple reports.

Civil society, the media and democratic norms have increasingly come under threat as the Fidesz-KDNP coalition government in Hungary.