VITAL STATISTICSLocation: Central EuropeNeighbors: Austria, Slovakia, Serbia, Croatia, Romania, UkraineCapital City: BudapestPopulation (early 2026): 9.6 millionOfficial Language: Hungarian (Magyar)GDP per capita (2025): $25,284GDP growth rate: 0% (2025), 2.3% expected for 2026, 2.6% for 2027Inflation: 4.5% in 2025, 3.5% expected for 2026Currency: Forint (HUF)Investment Promotion Agencies: The Hungarian Investment Promotion Agency (HIPA) provides a range of…
AI is not only changing how journalistic content is produced but also how people access that content. For at least the past year, many news publishers have seen visitor numbers to their websites fall dramatically as AI-related summaries are increasingly replacing traditional search results. As users change their consumption habits to look for direct answers…
Over the past decade, I’ve seen thousands of people try to learn programming online. Some succeed quickly, while others struggle for years. The difference is rarely intelligence; it’s usually how they approach learning. Programming is not just about watching tutorials or reading theory. It’s a skill built through consistent practice, problem-solving, and real-world application. The…
Many payment processors treat identity verification like a gatekeeper. You hand over your documents, wait for approval, and hope nothing gets lost in the process. For crypto payments, this creates a bizarre contradiction: you’re using a technology built for decentralization and privacy, but still jumping through the same hoops as a bank account application. No-KYC…
The advent of autonomous treasury has ignited a competitive push, complete with aggressive industry targets. Not all companies will want to proceed at the same speed. The shift to an autonomous treasury is reshaping the world of corporate finance, driven by new strategies and technologies—from self-healing cash forecasts to AI-driven liquidity engines—that are replacing legacy…
Earlier this year, Yonatan Levi left his home country of Israel to observe the Hungarian election. Levi, a scholar at the center-left think tank Molad, had traveled with a group of parliamentarians and activists to study how opposition leader Péter Magyar was running a winning campaign against an authoritarian prime minister. This was, in their…
Revolut recently said it wants to secure banking licences in both France and the United States, just weeks after finally winning a full UK banking licence. That is what makes the latest move matter. Without the UK approval, the push into France and the US would look like another expansion story. With it, the company…
At our recent Frankfurt AI Forum, Alban Mazrekaj, Head of Content Technology and Format Development, said the focus is on improving internal workflows. While AI is often associated with chat interfaces and audience-facing products, he emphasised using it to “improve the lives of our editors.” With a large volume of historical material already digitised, the…
Global Finance: What have been your main priorities at Faes Farma thus far? Iker Etxezarreta: One of my main priorities has been strengthening internal governance and improving communication across the different financial areas. Finance works best when it operates in a coordinated and transparent way across the organization. Another key step has been positioning the…
The facts underlying Hencely v. Fluor Corporation, a case the Supreme Court handed down on Wednesday, are horrible and tragic. During a 2016 Veterans Day celebration on Bagram Airfield, a US military base in Afghanistan, a suicide bomber named Ahmad Nayeb detonated an explosion that killed five people and wounded 17 more. One of the…