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Hungary’s corruption will impede economic development

Location:

HUNGARY

That amounts to 8.7% of GDP. Abuse of public procurement due to cronyism has become an integral part of the Orban government, with the transfer of huge amounts of public funds…

EURO-AREA: Banking union faces long-term risks

Location:

EURO-AREA

Banking union outlook.

Financial innovations will evolve with global farming

Location:

INTERNATIONAL

Financial innovation in European agriculture

Internal contradictions will dog Bulgarian coalition

Location:

BULGARIA

Claiming that 30-40% of advance payments for the much-delayed Hemus motorway had been transferred to the Citizens for Bulgaria’s European Development (GERB) party, Rashkov refused…

Price pressures on Croatia’s property market may ease

Location:

CROATIA

This was higher than the annual rates recorded during the pre-2008 boom, and comfortably above 2022 inflation. Property prices are rising because of a combination of low interest…

Drought could be a defining issue in Spanish elections

Location:

SPAIN

April was the hottest and driest month since records began in 1961. Drought is harming agricultural production and pushing up food prices; it has become a key issue ahead of…

US leadership could firm EU wobbling on Ukraine

Location:

EU

Eastern EU member-states, from the Baltics to the Black Sea, are united in applying existing sanctions against Russia, with only Hungary overtly weakening political unity on the…

Pragmatism will sustain Italy’s support for Ukraine

Location:

ITALY

Allies feared that the election of Meloni and her populist right-wing government last September would threaten Western unity over Ukraine. However, Meloni has used the issue to…

Price cap on gas will divide EU member states

Location:

EU

Although member states agree in principle on the need to overhaul gas markets and strengthen resilience, the EU is divided between German- and French-led blocs on the price cap…

Power-sharing will hinder reforms in Romania

Location:

ROMANIA

Prospective entry into the passport-free area will give a boost to the Romanian cabinet backed by the Social Democrats (PSD) and National Liberals (PNL). While providing…