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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…

East European growth in 2023 will be modest at best

Location:

EASTERN EUROPE

Some countries are dipping into recession, while others are likely to manage modest growth. Their various policy and real-economy responses point to different strengths and…

Ukraine war will erode its Visegrad neighbours’ unity

Location:

EASTERN EUROPE

The war delivered a shock to Europe’s post-Cold War order -- its security, peace and stability. Economically, it marks a turn in global trade relations, supply chains and energy…

Risks will outweigh recovery chances in Eastern Europe

Location:

EASTERN EUROPE

The economic environment has been dictated by Russia’s war in Ukraine and its market and policy implications. Next year, the prospects for the V4 economies are moderately upbeat…

Hungary’s pandemic measures will entrench ruling party

Location:

HUNGARY

While the government's communications focus on how to stop the pandemic and make the economy more resilient, some of its recent spending decisions seem unrelated to tackling…

Party cronies take control of Hungary’s universities

Location:

HUNGARY

The Orban government, under the slogan of increased efficiency, has established 34 public-interest trust foundations and outsourced almost the whole of the higher education sector…

Overheating may tighten Central Europe monetary policy

Location:

CZECH/HUNGARY

The meetings are expected to provide forward guidance on monetary policy. With consumer prices reaching a five-and-a-half year high in Hungary and a seven-month high in the Czech…

Soft landing has become more likely in Central Europe

Location:

EU

The NBP’s March Inflation Report lowers its forecast for average CPI significantly to 1.7%, from 3.2% in its November forecast; GDP is to grow by 4.0% (November: 3.6%). Outside…

Overheating is among risks for Central-Eastern Europe

Location:

EU

The economic outlook for the five leading CEE economies.

Fast growth may avert foreign banks' exit from Hungary

Location:

HUNGARY

Prospects for the banking sector.