Hungary

Russia's invasion of Ukraine is seriously affecting the Czech, Hungarian, Polish and Slovak economies

Inflation, monetary tightening and weakening external demand are taking their toll on the four ‘Visegrad’ economies

Signs are already showing more Ukrainians fleeing the war arriving in Slovak and Hungarian border towns

Entrenched pro-Russian views in some newer member-states limit support for Ukraine, feed populism and subvert EU unity

Fear of losing EU funds has led the government to rush through legislation seeming to meet EU concerns about corruption

As Hungary fights a losing battle with the markets, a forint crisis risks morphing into a financial crisis

Inflation’s further rise after central bank announced end of tightening cycle prompts emergency intervention

Mainstream failure to deal with economic and energy crises is encouraging people to turn to far-right solutions