Tag Archives | hungary

Fancy buying a 1927 underground power plant in Hungary?

Ever fancied a place in the sun? Hungary’s explosives manufacturer, Nitrokemia, has put its underground power plant site up for sale, according to The Guardian. Disused for many years, it might make a nice venue for a nightclub.It sounds very bijou: “Entry into the plant is through an unassuming office block. A spiral staircase winds […]

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Bankruptcies to soar in Eastern Europe, but not as bad as the West!

According to today’s ft.com, there will be a huge rise in corporate bankruptcies this year, up by 35% this year, “turning the world economy into a “burial ground” for businesses, according to a study by Euler Hermes, the credit insurer. In a study published on Thursday, the Paris-based unit of Allianz, says the rate of […]

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What is this blog for?

Why this blog?In my early days as a news reporter, central and eastern Europe plus Russia was part of my beat. I still have a keen interest in this region so it makes sense to have a way of gathering news together and commenting on it.In the early 2000′s when I started looking at this […]

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