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Hungary has a market economy with a large industrial base and heavy dependence on foreign trade. Also important are the agriculture and tourist sectors. While absolute investment volume is now second to Poland, by other measures such as foreign direct investment (FDI) per capita, Hungary is Eastern Europe's premier investment destination.
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Same Strong Euro, New Economic Landscape read more
lead imageThe European currency hit another high against the dollar, but with fewer exporters reliant on U.S. buyers, it's far from the worst problem
Oil experts see supply crisis in five years read more
lead imageThe International Energy Agency has predicted a supply crunch in the world's oil markets that could send prices soaring and place a severe dent in global growth
Danone offers €12bn for Numico read more
lead imageThe French dairy product giant Danone has agreed a €12.3bn takeover of Numico, the Dutch baby food maker behind brands such as Cow and Gate
Sony cuts PS3 price in bid to see off Wii and Xbox read more
lead imageSony has slashed the price of its struggling PlayStation 3 console in the US as the Japanese technology giant looks to up the ante against Microsoft and Nintendo in the video games market
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Ryanair to sue European Commission over airline 'state aid' read more
lead imageBudget airline Ryanair plans to sue the European Commission for what it called the EC's "repeated failure" to take action on a number of complaints over state aid for national airlines.
Branson loses out to Arriva on rail franchise read more
lead imageSir Richard Branson's Virgin Trains has lost out on the new Cross Country rail franchise as rival transport group Arriva clinched the multi-billion pound contract to provide services from Aberdeen to Penzance and Stansted to Cardiff
RBS in $1.4bn commodities venture read more
lead imageRoyal Bank of Scotland said it had signed a $1.35bn (£650m) deal to move into trading commodities as its stuttering attempt to break up Barclays' planned merger with ABN Amro hit new turbulence
Weather ends the boom times at M&S read more
lead imageMarks' spark fizzles out as summer clothes are left on the shelf amid growing fears of high-street slump
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