Government bows to reality after deficit hits 6.3% in first half.
According to the proposal, new loans for working capital credit for businesses should be capped at 12%.
Reported deal would unfreeze Hungary's EU funds in order to win Budapest's approval for the increase of the EU budget to aid Ukraine.
Migration control has emerged as a central theme in both Poland’s and Slovakia's general election campaigns.
Budapest has used OTP being on the sponsors of war list as a pretext to block EU aid to Kyiv.
Robert Fico, Slovakia's likely next premier, has little interest in foreign policy and is unlikely to deliberately choose to antagonise the European Commission.
Austrian railways cuts Hungary adrift from direct Western European services because of frequent delays
Europe faces a “severe public health crisis” with dangerous levels of pollution across the continent, according to an investigation by the Guardian newspaper.
Economics ministry gave one week for the Hungarian Banking Association to present an action plan on restoring lending.
Interest rate on one-day quick deposits offered at daily tenders and the base rate now equal at 13%.
Across the EU far more has been invested in roads than railways over the last three decades, but this trend is even stronger in the newer EU members, a study commissioned by Greenpeace finds.
Central bank governor clashes with finance minister over who bears responsibility for the EU’s highest inflation.
Ruling Fidesz faction leader now uses "defamatory" film by Sweden’s public television as excuse for delaying Sweden's accession to Nato.
Population will decline below 9mn by 2043 from 9.63mn today and 10.7mn in 1980.
Automotive production rose 14.4% y/y in July, slowing from a 19.1% increase in the previous month.
Kyiv has said that it will take legal action against those EU member states that impose national bans against EU-wide trade rules.
"It is not right to do anything in foreign policy that harms the interests of other peoples," says Russian dictator who has fought a vicious war against Ukraine that is already being investigated for war crimes.
Share of Russian crude oil imports into Czechia is the highest since 2012 at 65%.
The government has faced an unusually stern criticism from the Fidesz faction for retroactively altering financial conditions for homes bound by existing contracts