Serbia, Slovakia and Poland's call for a permanent end to Russian gas flows pose issues for the Russian leader.
The European Union has agreed to prolong for 6 months a raft of sanctions aimed at depriving Russia of funds to finance its war against Ukraine
Before reupping the sanctions, Budapest wanted to wait for Trump's inauguration, then insisted Brussels push Ukraine to reopen a gas pipeline running to Central Europe.
The EU will be able to renew its sectoral sanctions against Russia after Hungary abandoned its veto threat, which it had linked to energy concerns. View on euronews
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.
Viktor Orban’s government would be ‘playing with fire’ by blocking renewal of sanctions on Russia, diplomat says
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 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.
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.
The Budapest City Assembly passed a resolution on Wednesday expressing its intent to exercise pre-emption rights over the RákosrendezÅ‘ development area, a key urban site in the capital’s District XIV.
The Hungarian economy climbed out of recession at the end of last year though it was far from gaining momentum, complicating Prime Minister Viktor Orban’s plans to generate strong growth before crucial elections in just over a year.
GoldenPeaks Capital ("GPC") announces Battery Energy Storage Systems (BESS) as a main pillar of its investment strategy, with first projects already secured in Poland.