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.

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.

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.

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.

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.

The European Union agreed a 6-month extension Monday for a raft of sanctions aimed at depriving Russia of funds to finance its military operations against Ukraine after Hungary lifted its objections to the move.

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.

Serbia’s prime minister resigned in an attempt to calm political tensions stoked by weeks of massive anti-corruption protests sparked by the deadly collapse of a concrete overhang at a train station.

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