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Ukrainian refugees boost Central Europe’s economy
It has been almost a year and a half since Russia attacked Ukraine, forcing millions of Ukrainians to flee their homeland to start a new life. Ukrainian refugees are integrating and boosting the CEE region’s economy with their labor.
Around 14,000 Ukrainian citizens established sole proprietorship businesses in
business
„I am not calmed down by waiting for a solution from the top” – a zero waste activist to Hype&Hyper
She began her career as a model and has published two books on environmentally and budget-friendly cleaning products and cosmetics that can be made at home. Instead of a rigid change, she believes in small steps and self-awareness, which is not only good for the planet but also guarantees a
business
The Hungarian startup market faces a series of challenges and misguided responses
Warsaw is not Budapest. Not in old buildings and historical beauty, certainly, but not in the startup sector, either. The Polish startup sector is the most developed in the Central and Eastern European region, while Hungarian startups are underperforming in a regional comparison. Although the Hungarian startup ecosystem has shown
business
Luxury beliefs: what could replace Porsches and golf?
Luxury cars, expensive hobbies, designer clothes—since the dawn of time, there have been things that only the wealthy can afford and that serve their owners not only in terms of functionality but also in terms of symbolic value. The term used for such things is ‘status symbol’, which communicates
strategy
The constant crisis is a natural state for Central Europe
Experts discussed the possible future of Central European cooperation. Has the Visegrad Four been put in a coffin? We were there; here is our coverage!
Participants of the discussion: Piotr Bajda, Head of European Studies, Cardinal Stefan Wyszyński University; Dorin-Mircea Dobra, Professor at the Faculty of European Studies, Babes-Bolyai University;
Artificial intelligence could boost GDP
The global economy will expand by 40 percent, and artificial intelligence will create more jobs than it will eliminate. Our AI and startup overview from Budapest!
The biggest story of the past year was undoubtedly artificial intelligence (AI). Not only because ChatGPT writes the assignments of countless students nowadays but
business
How artificial intelligence is revolutionizing consumer society
The technological revolution is at its peak, and artificial intelligence offers possibilities beyond our wildest dreams. Development, collaboration, and convenience are just some of the things artificial intelligence (AI) can help us. We were at Nancy Rademaker’s lecture!
A few days ago, I tried out the DALL.E AI
business
Could Poland banish coal with small modular nuclear reactors?
Poland would replace its current, not sustainable energy system predominantly with renewable and nuclear energy, and they plan to achieve this target by around 2040. Poland’s Ministry of Climate and Environment plans to have 51% of the country’s energy needs from renewable sources and 23% from nuclear power
business
Total war on Ukrainian grain
Poland put an end to unlimited Ukrainian grain imports, followed by Slovakia, Hungary, and Bulgaria, as Romania also made restrictions. Kyiv is fighting while the European Commission is just watching. Analysis from Hype&Hyper.
We wrote just a week ago about how unlimited imports of Ukrainian grain are destroying farmers
strategy
The European train has passed long ago—interview with Aleksandar Nacev
Probably we missed the momentum—told Aleksandar Nacev, an expert from North Macedonia to Hype&Hyper, about the EU integration of the Western Balkans. Interview about the enlargement fatigue, the Bulgarian blackmailing, and the NATO enlargement.
The European integration process of the Western Balkans got very slow in the past
business
Cheap Ukrainian grain destroys Central Europe
The massive imports of Ukrainian grain and its economic consequences are causing turmoil among Central and Eastern Europe’s farmers in the past few months. The problems even affect Polish politics: Henryk Kowalczyk, Poland’s Minister of Agriculture and Rural Development, resigned on 5 April amid growing protests and the
strategy
Is the European integration process moving anywhere?
Serbia's position is questionable not only in the Balkans but also in European integration. Our interview with Igor Bandović, the Director of the Belgrade Centre for Security Policy.
The European integration of the Balkans is in its umpteenth stage–where do you see the process heading? How patient are Balkan
business
Success, money, glamour in another way: the de-influencing trend
De-influencing is a small step against overconsumption but a big step for the influencer culture.
Everyone is now familiar with the controversial influencer phenomenon: many people condemn social media personalities with many followers who advertise various products and make a lot of money seemingly easily. On the other hand, some
business
Did the Czechs and Poles pass with an A?
The winter is coming to an end, meaning our region survived one of the most challenging heating seasons caused by the energy crisis. How can we ensure a secure, independent energy supply in the future? We were searching for the answers from a Hungarian perspective with Ottó Toldi, Ph.D.
strategy
How is the war seen in countries far away from us?
How is the Russo-Ukrainian war viewed from Beijing, Delhi, or Cape Town? What is happening on the other side of the world in a changing global political landscape? We invite you to a foreign affairs journey around the world!
Hungarian foreign policy experts discussed the perception of the war outside
business
Can the Russian economy survive?
The sanctions affect both the European and Russian economies, and their costs and successes are questionable. Economic analysts talked about the sanctions against Russia, financial reserves, and the US dollar’s hegemony. Conference coverage from Hype&Hyper.
Prominent Hungarian economists discussed the cost-benefit analysis of the war at the National
strategy
Reflections on the war’s first anniversary
The Russian invasion of Ukraine started a year ago. Thoughts, opportunities, and developments about Ukraine, Russia, international affairs, and the potential of Westlessness.
On Tuesday morning, Russian President Vladimir Putin delivered a speech at the joint session of the lower and upper houses of Russia’s parliament to mark the
business
Mild winters and dry summers awaiting Europe?
Extreme cold swept across the United States this winter, while Europe had almost spring-like weather during the Christmas holidays. And last year’s continent-wide drought is likely to come back. We discussed the questions of weather and climate change with Erik Kovács. Interview.
Even laymen could observe that winters are
strategy
The German government has hesitated, but tanks are finally heading to Ukraine
The Merkel era has lulled Germans into a false sense of security that nothing needs to be done and everything will be fine, Bence Bauer, Director of the German-Hungarian Institute for European Cooperation, told our magazine. We discussed Germany’s armament, reality, and its government’s communication. Interview.
German Chancellor
business
What is Central and Eastern Europe’s economic outlook in 2023?
Europe, just like the rest of the world, is going through a difficult period, which is far from over. As we finally recovered from the pandemic, Russia attacked Ukraine, and the developed world has been hit by a severe economic and energy crisis. The plight is far from ideal, but
business
Does the war make those to pay who are doing well?
The Hungarian government implemented a significant tax increase in the summer of 2022, labeled as an „extra profit tax.” Budapest’s decision caused an outcry at that time, with several market players, including Irish low-cost airline Ryanair, openly criticizing the government’s decision. But since then, similar unexpected taxes have
strategy
Georgia was, is and will always remain devoted to European aspirations and values
Interview with Nikoloz Khatiashvili on the Georgian foreign policy, Eastern Partnership and future of the country.
Within the Eastern Partnership, Georgia has started to orient itself towards the West. What opportunities did the Eastern Partnership offer, what opportunities did Georgia successfully exploit?
Eastern Partnership is one of the most important
business
Ukraine has to be careful – interview with Olga Pindyuk
The oligarch issue is important. Ukraine is notorious for its corruption and lack of transparency in the judicial system – says Olga Pindyuk, Ukrainian economist at Vienna Institute for International Economic Studies. Interview.
In Hungary, public opinion now revolves around the EU sanctions regarding their failure to work against Russia. What
business
Brain drain in Central and Eastern Europe
To what extent is our region affected by brain drain?
Many Central and Eastern Europeans probably know what brain drain is: It means the migration of high-skilled professionals from one country to another with better living and working conditions. Brain drain is a global phenomenon but affects different countries differently.
business
Did China dress up as Russia for this year's Halloween?
As Europe kicks the Russian Bear out, a less aggressive panda appears in the background. Europe-China relations have existed before, but now it seems Beijing wants what Moscow had to leave here.
Marriage in silk
Europe and China did not find each other because of the decline of Russian commercial
business
What will be the consequences of the historic drought?
Everyone has experienced the heatwave caused by climate change in Europe. What is a heatwave for us is a drought for agriculture, and the damage is also historic. We asked climate policy expert Erik Kovács about the plight on the continent and especially in one of the most affected countries
business
One of the largest travel agencies for accommodation reservations in CEE will go to Polish hands
Wirtualna Polska Holding, a company listed on the Polish stock exchange, is to acquire Szallas Group, which has become an international player in recent years and is behind the Hungarian szallas.hu website. The Warsaw-based e-commerce and media giant is expected to pay €82 million to the owners.
The Polish
business
Megaregions in the CEE region
This article was published in print in Hype&Hyper 2022/2.
Illustration by László Bárdos
Europe is like a big fruit bowl—while Asia has its Japanese Taiheiyō Belt, the USA its Texas Triangle, our Old Continent has its Blue, Golden and Green Bananas—however, we’re not talking about
business
What does the future hold for our eating habits?—The present and future of a food crisis
The beginning of the Russian-Ukrainian war put many topics into focus that common people didn’t have to think much about before. Besides energy policy and the changes on the energy market already influencing the prices of utilities, at the onset of the war, panic ensued when different media outlets
community
NATO must refocus from deterrence by punishment to deterrence by denial – interview with Margarita Šešelgytė
We have become the “voice” of pro-western Eastern European countries in Europe – Dr. Margarita Šešelgytė told Hype&Hyper on Lithuania. Interview about the Russian influence in Lithuania, the weaponized migration by Belarus, the Kaliningrad case, and Lithuania’s progressive China policy.
We can state that from an economic and geographical
business
Smart use of the „gas weapon” favors the Russian side - interview on the energy emergency
The figures show that the sanctions are negatively affecting both the Russian and the European sides – Máté Litkei, Director of the Climate Policy Institute, told Hype&Hyper. Interview with Máté Litkei and Géza Sebestyén on the energy emergency, sanctions, and the uncertain future.
For gas, Russia is much more dependent
business
MIT includes Hungary in its innovation program
This year, Hungary’s application has also been accepted for the MIT REAP program, launched by the Massachusetts Institute of Technology, the most famous higher education institution of technology in the United States.
Launched ten years ago, MIT REAP (Regional Entrepreneurship Acceleration Program) is an initiative of the MIT Sloan
economy
A multipolar world comes without Russia - interview with Máté Vigóczki
Western sanctions with severe consequences, partially failed military operations, unrealistic superpower aspirations, and shrinking room for maneuver. We discussed these issues of the Russo-Ukrainian war, among other things, with Máté György Vigóczki, a Russia expert.
Six months have passed since the Russian invasion of Ukraine began. The Russians launched a
business
If you miss out, you drop out - interview with Zoltán Cséfalvay
What are startups, and why is it worth supporting them? Is AI taking over our jobs? Innovation is a topic repeated a thousand times, but maybe not often enough? We discussed these questions with Zoltán Cséfalvay, Ph.D.
Many predict that boosting the startup industry and supporting startups is the