Hungary
BRICKS & MORTAR: The office isn’t dead but it is evolving
The coronavirus pandemic has had a seismic effect on the real estate sector, and the office segment is no exception.
Viktor Orban opens new front with Brussels calling for resignation of EC Vice-President Vera Jourova
Latest scuffle between Hungary and the EU comes as the European Commission prepares to publish its first report assessing the state of democracy and the rule of law in member states.
Balkan route nations least tolerant of migration
Acceptance of migrants has declined globally, and the nations of the Western Balkans that bore the brunt of the 2015-2016 migration crisis are now the least tolerant in the world, a new Gallup poll shows.
Europe gains ground in new generation of battery innovation
Innovation in electric batteries is central to electromobility and the transition to the green economy, but European firms have so far lagged behind their peers from East Asia.
Hungarian PM openly endorses Donald Trump
Viktor Orban says he’s rooting for Trump’s reelection, views Hungary and Central Europe as defenders of conservative and Christian values pitted against the liberal West.
Cargolux launches Shenzhen-Budapest cargo flights
A significant proportion of the e-commerce goods originating from China arrive in Central and Eastern Europe from the Shenzhen area, putting Budapest in a strong position in the region's trade with China.
Hungary's domestic tourists save the day for embattled sector
Hungary’s tourism sector was on track for another record year in 2020 before the pandemic hit the country, plunging it into a critical situation overnight.
A new growth area in a clean new world
Hungary-based producer of anti-bacterial coatings Resysten was doing respectably well before the coronavirus pandemic caused demand for its product to explode.
Hungary's budget on track for record shortfall
The deficit at the end of August reached HUF2.26 trillion, which is six times higher than the government’s initial target of HUF367bn.
COMMENT: How Covid-19 is changing international business and politics
Ever since the plague in Athens in 430 BC described by Thucydides, epidemics have followed movements of people and changed the course of history. Today Covid-19 risks challenging the foundations of business in our modern interconnected world
Hungary’s culture war escalates as students defy government-appointed leadership at Budapest's SZFE university
After the expulsion of the Central European University and attacks on critical NGOs, the Fidesz government took aim at left-leaning cultural institutions.
Foundation linked to Hungary's right-wing government takes over Budapest’s University of Theatre and Film Arts
University's leadership stand down fearing loss of autonomy, saying foundation deprived them of "all essential powers".