The Hungarian economy continues to grow at a solid pace. According to data released by the Central Statistics Office (KSH), the economy expanded 3.2% annually in the second quarter of 2017.
C & E Europe
Raiffeisen Bank International AG (RBI) announced an improved outlook for the year on the back of a jump in second-quarter profit as economic conditions in eastern Europe improved and write-downs shrank dramatically.
By Daria Sito-Sucic
Polish President Andrzej Duda on Tuesday ratified a bill which allows the justice minister to to replace judges in the country's ordinary courts.
EU foreign ministers adopted a set of temporary autonomous trade measures in favour of Ukraine on Monday, aiming at improving access for Ukrainian exporters to the EU market.
By Marton Dunai BUDAPEST, July 17 (Reuters) - The Hungarian blue chip stock index reached new all-time highs on Monday as emerging European indices rose, bouyed by cautious U.S. rate policy and Chinese growth.
The presidency of the Council rotates among the EU member states every 6 months. From 1 July - 31 December 2017 Estonia holds the presidency for the first time.
In figures recently released by Eurostat, it was revealed that the Czech Republic had the European Union’s lowest unemployment rate (3%) in May 2017. Germany was in second place with 3.9%, followed by Malta with 4.1%.
Polish railway infrastructure operator PKP PLK plans to sign deals for infrastructure modernization worth PLN 67 billion (EUR 15.9 bn) by the end of 2019. “I am 100% convinced that we will contract the entire [EU financed] perspective within the next two years.