Euro area construction production shows growth in Oct. ’24
Construction production increased by 1.0 per cent in the euro area and 0.7 per cent in the EU in October 2024,…
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Hungary
Fitch: Eastern European sovereigns face balanced risks in ’25
Eastern European sovereigns are entering 2025 with a neutral credit outlook as improved growth prospects offset…
Hungary’s inflation slows to 3% in September ’24
Hungary's inflation has eased to 3 per cent in September, aligning with the central bank's target, according to the…
Turkey, TotalEnergies seal 10-year LNG deal
Turkey and TotalEnergies have signed a 10-year agreement for liquefied natural gas (LNG) supply, set to commence in…
OECD unemployment rate steady in July ’24
The OECD unemployment rate remained steady at 5.0 per cent in July 2024, with 34.8 million people unemployed across…
Hungary halts rate cuts amid inflation surge
The Hungarian National Bank decided on Tuesday to keep the base rate unchanged at 6.75 per cent for the first time…
Euro area inflation ticks up to 2.6% in July
The euro area’s annual inflation rate increased slightly to 2.6 per cent in July 2024 from 2.5 per cent in June, a…
Intl. study backs feasibility of Black Sea energy project
The Black Sea Energy project, which aims to lay a submarine cable to supply green energy to Europe, has been found…
Uber, BYD to deploy 100,000 EVs in major global deal
Uber Technologies Inc. has announced a major partnership with Chinese automaker BYD Co. to integrate 100,000…
Hungary’s economy shrinks unexpectedly by 0.2% in Q2
Hungary's economy unexpectedly contracted in the second quarter, with GDP falling by 0.2 per cent from the previous…
