“The rationale is simple – the euro, according to the principles of economics, can be a single currency when the whole area has equal potential, that is, the same as Germany” – says Zbigniew Krysiak, a professor of finance at the Warsaw…
Poland – At a time when Croatia has just switched to the euro – specifically, on 1 January 2023 – and with significant price increases being observed as retailers are taking the opportunity to “round up” their prices, a survey was conducted…
Croatia – On 1 January 2023, Croatia abandoned its national currency, the kuna, to become the eurozone’s 20th member state – at the same time as it joined the Schengen borderless travel area. The kuna will now remain in use, in parallel…
Interview with Tereza Hyťhová, Czech MP from the Trikolora party: “The V4 represents the future of cooperation at all levels because we have to take into account that the EU may disappear one day.”
Tereza Hyťhová has been a member of the…
Hungary – EU member states have until 30 April to submit a plan for the usage of the 672.5 billion Euros that the Commission is going to levy from the financial markets during the next four years. This levy, entitled “Recovery and…
Each February, since 1999, current Hungarian Christian-Democrat Prime Minister Viktor Orbán holds a speech on the state of the Nation, both of review of the past year and a public analysis of the foreseen issues. We display below the full translated transcript…
By Olivier Bault.
This article was originally published on Kurier.plus.
Central Europe - According to the European Commission’s forecasts, Poland and Hungary will be the joint second fastest growing economies in the EU this year, after Malta. The EC has raised its…
Interview with László Bogár, economist and university professor, former MP and former State Secretary of Hungary, publicist: "They will have to unite the German, Italian and French budgets, otherwise the euro will fall."
Part 1/2.
At the end of November 2018, Raoul…
By Thibaud Cassel.
Central Europe - Economic competition confronts Europe with the rest of the world, but first of all European countries with each other. The political dispute over migration quotas has recently crystallized one of the economical tensions that runs across…
By Olivier Bault.
Poland - An interview with Polish Prime Minister Mateusz Morawiecki conducted by the newspaper Dziennik Gazeta Prawna (available here in Polish) after the last World Economic Forum in Davos provides interesting insights into Polish positions on the European scene.…
Article originaly published on Central European Financial Observer.
By Michał Kowalczyk.
Central Europe - Central and Southeast European (CSE) countries without doubt appear to be the ones with the lowest prices in the European Union. Poles, Hungarians or Romanians pay less for basic…
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…