Bloomberg by Lyubov Pronina Bulgarian Energy Holding will meet investors next week for a possible debut sale of bonds in euros as emerging-market issuers from OAO Gazprombank (GZPR) to Brazil seize on bets the Federal Reserve will delay tapering stimulus. State-run Bulgarian Energy hired Citigroup Inc. and Raiffeisen Bank International AG for meetings in Europe from Oct. 28, a person familiar with the plan said today, asking not to be identified because the details are private. The company which controls assets in power, natural gas and coal [...]
The Hungarian Parliament has passed a controversial law against homeless persons. According to the new law, persons caught sleeping in urban areas can be sentenced to community service or fines, while those who build illegal shacks in the city's outskirts can be imprisoned, reports the BBC. Civil Rights groups gathered on Monday night to protest against the new law in front of Parliament. The government responded these measures are in fact designed to help the homeless and that there are enough shelters for them. A civic rights activist from [...]
Neo-Nazi sentiments are on the rise in Hungary, where the far-right Jobbik party is enjoying major public support. The European Commission is expressing “great concern” over the rise of anti-Semitic incidents across the EU.
From Hungary's Orbán and Czech Republic's Zeman to Erdoğan in Turkey, a new breed of democratic strongman is emerging A 40-minute drive south-west of Budapest, Felcsút is a typical Hungarian village on the surface, its cottages strung out neatly along either side of the long main street. Untypical of the Hungarian countryside, however, is the frenzy of building activity here. Private security guards watch over armies of men in hard hats, bulldozers, and cranes toiling in the sweltering heat to complete a fancy new football stadium dwarfing the [...]