The end of the Romanian miracle? – The impact of the automotive crisis on Romanian foreign trade and labour
Romania’s economy has shown gradual growth in recent years, but this has been made unstable by various imbalances. The automotive industry, one…
Organization of Turkic States – growing economic influence, Hungarian connection
The first informal summit of the Organization of Turkic States took place in Budapest on 20-21 May. Hungary has been an observer…
Supporting SMEs in Hungary and the region – details of the Sándor Demján Programme
In addition to large enterprises, small and medium-sized enterprises are a stable and unavoidable part of economic development in a country’s economy….
Last chance tourism in the Arctic
The Arctic is not only on the radar of major powers such as the United States led by Donald Trump, but has…
At war for the third year: 2025 foreign trade indicators for Ukraine
In our previous analyses, we have regularly looked at the state of the Ukrainian economy in the light of the challenges and…
HUNOR, Tibor Kapu and the international space race
Hungarian astronaut Tibor Kapu is scheduled to depart for the International Space Station on 25 June from NASA’s Kennedy Space Center in…
Polyworking: is it worth having more than one job at a time?
Polyworking is a term used to describe multiple employment, i.e. when someone works in several jobs, projects or roles at the same…
Economic miracle or debt trap? Romania’s catching-up is underpinned by imbalances
Several recent analyses have stated that Romania’s level of economic development has reached or in some respects exceeded that of Hungary. While…
The EU’s agriculture – potential consequences of Ukraine’s accession from the sector’s perspective
Agriculture, in particular the livestock and arable sectors, has a prominent place in the European Union’s common economy. The main producer countries…
Hungary has become the European headquarters of BYD
On 15 May, top executives of China’s largest car manufacturer visited Hungary, accompanied by the number two leader of Guangdong province, home…
A treasure that doesn’t exist: are great powers after Syria’s oil?
It is an oft-repeated accusation that the United States started wars in the Middle East to get oil. If there was some…
The French nuclear umbrella over Europe is just an empty promise
Emmanuel Macron has repeatedly suggested that Europe needs its own nuclear umbrella against Russia. The French president believes that France, the only…
