An Oxfam report highlights the International Monetary Fund's (IMF) tax advice. India received the most regressive recommendations between 2...

Peter Magyar's Tisza party has defeated Viktor Orban's Fidesz in Hungary's parliamentary election, ending Orban's 16-year rule. Magyar's pr...

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

Agnes Keleti, the world's oldest Olympic champion and Holocaust survivor, has died at the age of 103. According to Hungarian daily Nemzeti ...

The sanctions -- the sixth wave imposed by the 27-nation bloc since the Kremlin launched the invasion in February -- include cutting Russia...

Moreover, the cross-correlations within the EM currency universe have increased during this period, which is indicative of a broad risk-off...

Central Europe is facing the economic fallout that has followed Russia's invasion of Ukraine on Feb. 24, including from harsh Western sanct...

The Indigo special flight departed from the Romanian capital Bucharest on Wednesday (local time) under Operation Ganga.

The bank, which is set to unveil 2021 financial results later in the day, said it was no longer able to supply liquidity to European subsid...

The Russian Central Bank for six consecutive years has bought gold as it continues to diversify away from US dollars.

The visit to India was in collaboration with the India Institute of Banking and Finance to garner expertise of the India's progress in deve...

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 ...

India on Monday favoured tighter financial regulations, as opposed to an European Union proposal to tax banks to pay for future crisis, to ...

Germany rejected appeals on Sunday for a single multibillion euro (dollar) bailout of eastern Europe, even after Hungry begged EU leaders n...

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 ...