Business

Hungary and US Enhance Energy and Security Cooperation with New Agreements

In a significant move to bolster bilateral relations, Hungarian Foreign Minister Anita Orbán and U.S. Secretary of State Marco Rubio signed key agreements in Washington on Thursday, focusing on...

Greek Economy Poised to Outpace Eurozone Growth Amid Challenges Through 2028

Greece's economy is projected to outpace the eurozone's average growth rate through 2028, despite challenges such as rising...

Hungary’s 2027 Budget Proposes Tax Cuts and Increased Social Spending

Hungary's Prime Minister Péter Magyar has unveiled a significant overhaul in the country's financial landscape with the proposed...

UK Weighs Tariffs on Chinese EVs for EU Industrial Initiative Participation

The United Kingdom is contemplating the imposition of tariffs on Chinese-made electric vehicles as part of efforts to...

Germany and Greece Explore Submarine Construction and Expanded Defense Cooperation

Germany and Greece are exploring the possibility of collaborating on a future submarine construction program, with a focus...

China-EU Hybrid Car Deal May Spur Chinese Manufacturing Growth in Europe

China and the European Union have reached an agreement aimed at managing the export of hybrid vehicles, a move that presents new challenges for...

Germany Boosts Economic Growth Forecast to 1.3% Amid Resilience

Germany's economic outlook has taken a positive turn, with the government revising its growth forecast for the year. The country's gross domestic product (GDP)...

Kazakhstan and Germany to Enhance Economic Ties Through Investment and Infrastructure

Kazakhstan and Germany are poised to enhance their economic partnership, with a focus on investment, infrastructure, industry, and transport. During a meeting in Berlin...

Six EU Nations Push for Significant Budget Cuts in 2028–2034 Framework

Germany, along with five other major contributors to the European Union's budget, is advocating for significant reductions to the proposed seven-year budget plan for...

EU and UAE Strengthen Partnership in Trade, AI, and Climate Initiatives

The European Union has underscored its expanding partnership with the United Arab Emirates, emphasizing a broad cooperation that covers key areas such as trade,...

EU Considers Releasing €4.2 Billion in Funds to Hungary

The European Commission has put forward a proposal to release €4.2 billion in previously frozen cohesion funds to Hungary, a move that would also...