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.

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.

Speaking on state radio, Orbán said that Ukraine’s decision to cease transiting Russian gas into Central Europe through the Brotherhood pipeline had forced Hungary to turn to alternative routes ...

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.

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.

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.

Luxembourg tops the list of Europe's least touristy destinations, with 3.4 million nights spent by tourists in 2023. By comparison, Spain recorded 484.9

BUDAPEST, January 25. /TASS/. Hungary and Turkey regard Ukraine's attack on the TurkStream pipeline as outrageous and are calling on the EU leadership to take action to protect this route of natural gas supplies to Europe, said Hungarian Foreign Minister Peter Szijjarto.