
Serbia Maintains Interest Rates in the Face of Economic Pressures and Ongoing Protests
In a significant decision rendered on March 13, 2025, Serbia's central bank has opted to keep its benchmark interest rate steady at 5.75%. This move comes amidst a complex backdrop of escalating price pressures, persistent inflationary concerns, and mounting public discontent, resulting in widespread street protests across the nation.
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Hungarian Inflation Surges, Creating Political Headaches for Orban
In a significant turn of events for Hungary, the country's inflation rate has surged dramatically, reaching levels that have begun to pose serious political challenges for Prime Minister Viktor Orban. Recent reports indicate that inflation in Hungary has reached an alarming rate of over 25%, a level unprecedented in recent history. This rising economic turmoil is not only straining the finances of everyday citizens but is also placing increasing pressure on Orban's administration.
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