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.

HOW CONCERNED should Europe be at the rise of Herbert Kickl, the leader of Austria’s hard-right Freedom Party, the FPö? Following the collapse of attempts by the country’s centrist politicians to keep him out of power after his party came top at an election last September (though with only 29% of the vote),

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.

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.

Serbia, Slovakia and Poland's call for a permanent end to Russian gas flows pose issues for the Russian leader.

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.

Should EU foreign ministers fail to renew the sanctions by January, diplomats say there is still enough time to call an had-hoc emergency EU summit

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’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.