Croatia’s oil pipeline operator said it has agreed a transit shipment of 2.1 million tonnes (50,000 barrels per day) of oil with Hungary’s largest oil operator MOL until the end of 2025

Hungary has begun work on a port on the Adriatic coast near the Italian city of Trieste, Hungary Today reports.

This week, the Hungarian central bank holds a rate-setting meeting, and we expect the key interest rate to remain unchanged at 6.5%. Increased inflation and the weakness of the currency may hold off interest rate cuts for longer and the probability that the Hungarian central bank will remain on hold throughout 2025 has been increasing lately.

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