economy | Visegrád Post

Hungary And Russia Could Abandon Euro And Dollar To Trade With National Currencies

The Editorial Board November 16, 2016

Hungary - Russia’s Trade Representative to Hungary Nikolay Livencev said to the Hungarian magazine Figyelő that Hungary and Russia might use their own national currencies to trade. Also, a Russian-Hungarian airline could be created. Nikolay Livencev, Russia’s Trade Representative to Hungary, told the Hungarian…

Society

The Sarajevo Stock Exchange Adopts an Islamic Index

The Editorial Board October 22, 2016

Bosnia and Hezegovina, Sarajevo - Sarajevo stock exchange announced Monday to adopt an Islamic index rating, a first in the Balkans, which occurs in a context of increasing investments of Gulf monarchies in Bosnia. "This index is not present only in the Islamic world.…

Politics

Bosnia’s candidature to integrate the EU has been accepted

The Editorial Board September 23, 2016

Bosnia - On September 20, the European Union has accepted the membership application of Bosnia and Herzegovina. Premier Denis Zvizdić hopes that his country will soon incorporate the block. The request was made several months ago already, in February. To support this…

Politics

First budget surplus expected in Slovakia in 2019

The Editorial Board September 4, 2016

Slovakia - Slovakia will reach her first budget surplus in 2019. Economically she outperforms many of the member countries and differentiates herself. Last year the only countries that ran a budget surplus were Germany, Estonia and Luxembourg. “Slovakia is doing very well…

Society

Samsung invest 322M in Hungary and create new jobs

The Editorial Board September 1, 2016

Hungary, Budapest - Samsung is going to invest EUR 322M in a plant that will produce batteries for electric vehicles. It has been announced on Tuesday the 30 by the Minister for Foreign Affairs and Trade Péter Szijjártó. There was a fierce…

Society

Central and Eastern Europe has seen its rapid growth in 2015

The Editorial Board July 15, 2016

The economies of Central and Eastern Europe have generally benefited from an improved economic environment in Europe in 2015 as the largest emerging markets suffered a slowdown in growth or even recession. While exports went away to the euro zone - their…

Politics

Labour Minister wants to bring non-European union citizens to compensate for the shortage of workers employed

The Editorial Board July 12, 2016

Hungary - The Hungarian government is working on solving the labor shortage, which is becoming a growing problem in some sectors and occupations in the country, wanting to "import" skilled guest workers in Hungary from countries outside EU, all this by not…

Society

IBM invests more in Hungary and creates 410 more jobs

The Editorial Board July 7, 2016

Hungary - The computer giant US company IBM will invest 3.2 billion HUF (app. € 10.2 million) to expand its IT service in Central Hungary creating 410 more jobs. The Hungarian government will support the investment with a 1.1 billion HUF (app.…

Politics

Mateusz Morawiecki rejects the liberal approach

The Editorial Board June 22, 2016

Poland - One year ago, Mateusz Morawiecki was running from his native Poland Spanish bank Santander's operations, becoming a symbol of the internationalized economy of the country. Today, he is the minister of development in a Polish government struggling against foreign influence.…

Politics

Chinese President visits Poland

The Editorial Board June 21, 2016

Poland, Warsaw - Chinese President Xi arrived on Monday, June 20, in the Polish capital city to meet his counterpart Duda. Some 40 deals and memoranda of understanding were signed. The two President agreed on the strengthening of bilateral relations, as Poland…

Politics

China and Central Europe to intensify their collaboration

The Editorial Board June 17, 2016

China, Tangshan - The Third local leaders meeting China - CEE (countries of Central and Eastern Europe) was held on 16 and 17 June in Tangshan, Hebei Province, China. The meeting was focused on the new opportunities offered by the Central European…

Politics

Slovak PM Robert Fico called Russian President Putin to talk about the 2nd half of 2016

The Editorial Board June 15, 2016

The main topics were economy and... football. As Slovakia will take the presidency of the EU Council for the next half year, President Putin talked by phone with the Prime Minister Fico on June 14. The two leaders spoke especially about bilateral…