Poland's zloty jumped more than
1% on Tuesday after breaking a key level to hit a 10-week high,
while central European stocks gained 2% to 3% as European
economies continued to reopen.
In Hungary, the central bank kept its key interest rates
unchanged, as expected, and said it would use government bond
purchases sparingly as it began a week of policy meetings in the
region, with Poland and Romania to follow
Chicago has begun fining churches for holding services that do not comply with the statewide stay-at-home order; Pastor Florin Tony Cimpean with the Philadelphia Romanian Church of God shares his story.
The coronavirus crisis must prompt a rethink of the conditions in which some people from Eastern Europe work in the farms and food industry of Western Europe, Romania's labour minister said after outbreaks in German slaughterhouses.
The Hungarian forint firmed,
outperforming its regional peers, while Central European stock
markets strengthened on Friday, helped by a global risk-on mood
on hopes that trade tensions between the United States and China
The forint gained 0.25% and was trading at 349.45
to the euro. The Polish zloty eased 0.04% to 4.552
versus the euro, while the Romanian leu was stable.
Regional currencies have suffered significant los
The European Union's fraud prosecutor was wrongly removed from her previous job as head of Romania's anti-corruption agency, the European Court of Human Rights said on Tuesday in a landmark ruling against political interference in the judiciary.
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