Russian oil output saw a significant drop in April. Ukrainian drone attacks on key ports and refineries forced Russia to cut production. Th...

The Iran crisis is reshaping America's ties with European allies, leading to a significant shift in the transatlantic relationship. Europea...

Emerging economies now depend heavily on global investors like hedge funds for funding. This shift, driven by a retreat of traditional bank...

Hungary's Prime Minister Viktor Orban announced alarming news: explosives were unearthed close to crucial gas infrastructure that connects ...

The Ukraine war has shown that Europe is struggling with a leadership crisis and lacks strategic autonomy, but there is optimism outside wi...

In a video on social media, Prime Minister Viktor Orban said that the war in Ukraine represents "a constant threat to Hungary" which was "p...

EU has decided to ban Russian oil trade, and this plan can lead to a big crisis in Hungary. EU has revised the Russian oil sanctions and is...

As Ukraine closed its airspace for civilian aircraft following the Russian attack, India is looking at evacuating its nationals from Ukrain...

The data showed that in the first 3 months the region's economies were not affected by the Ukraine crisis and benefited from a strong perfo...

Insiders, meanwhile, say that senior officials of the European Commission - the EU government - are extremely displeased both with Orban's ...

Templeton Asset Management’s Mark Mobius said the global economy will avoid a “double dip” recession and falling stock prices have created ...

Hungary's govt tried to calm investors and distanced itself from earlier comments claiming that the country was close to default. Greece cr...

Hungarian State Secretary Mihaly Varga says recent comments by government officials talking about Hungary being close to defaulting on its ...

Emerging economies are increasingly dependant on foreign capital, making them more vulnerable to the current financial crisis, a study by t...

The International Monetary Fund said on Thursday it has approved a 17-month standby loan of $15.7 billion for Hungary, whose citizens are f...

The news drove the benchmark BUX stock index to close up by a massive 14 percent and pushed the Hungarian currency the forint higher agains...

A group of donors led by the International Monetary Fund announced they would loan 20 billion euros (25 billion dollars) to Hungary, which ...