Press Releases

Keep calm and carry cash: lessons on the unique role of physical currency across four crises

Prepared by Francesca Faella and Alejandro Zamora-Pérez 1 How crises strongly affect cash circulation Demand for euro banknotes has exhibited robust growth despite ongoing payment digitisation. While the share of cash in daily transactions has...

France Shows Moderate Poverty, High Modest-Income Share

(MENAFN) France reports fewer people living in poverty than the European Union average, yet it has a higher proportion of modest-income households, according to a new study published on Wednesday by the French Directorate for Research, Studies,...

Hungary to continue importing Russian oil, gas

(MENAFN) Hungary has confirmed it will keep importing oil and gas from Russia, rejecting pressure from both Washington and Brussels to sever ties with Moscow, according to reports. Foreign Minister Peter Szijjarto made the remarks in an interview...

Escape Motions Celebrates 10 Years of Rebelle Painting Software and Announces Rebelle 8 Coming Soon

PIESTANY, SLOVAKIA, May 28, 2025 /⁨EINPresswire.com⁩/ -- Escape Motions, the visionary developer behind the award-winning digital painting software Rebelle, proudly announces a major milestone: the 10th anniversary of Rebelle’s launch. What began...

Hungary claims Ukraine launching new assault on main pipeline to EU

(MENAFN) Russian oil deliveries to Hungary have been suspended after Ukraine launched its third attack this month on the Druzhba pipeline, Hungarian Foreign Minister Peter Szijjarto reported on Friday. The strike was also confirmed by Slovak...

Trump expresses outrage over Ukrainian strikes on Russia’s oil pipeline system

(MENAFN) US President Donald Trump voiced frustration over Ukrainian attacks on the Druzhba pipeline, which supplies Russian oil to Hungary and Slovakia, according to a senior official in Budapest. On Friday, Balazs Orban, political director to...

EU Mentions Member Nations Still Importing Russian Gas

(MENAFN) Eight member states of the European Union remain purchasers of Russian natural gas, according to European Commission energy representative Anna-Kaisa Itkonen, cited by the media. This statement followed Brussels’ unveiling on Friday of a...

Trump Opposes Ukrainian Attacks on Oil Pipeline

(MENAFN) US President Donald Trump has conveyed his anger regarding Ukrainian assaults on an essential pipeline delivering Russian oil to Hungary and Slovakia, according to a high-ranking official in Budapest. On Friday, Balazs Orban, the...

EU Buys Billions Worth of Russian Goods

(MENAFN) EU nations purchased €8.7 billion ($10.2 billion) worth of Russian commodities during the first quarter of 2025, a news agency reported, referencing figures from the German Economic Institute. During the opening three months of this year,...

Spain Tops FIFA World Rankings for First Time in Over 10 Years

(MENAFN) Spain surged to the summit of the latest FIFA Men’s World Ranking on Thursday, ending Argentina’s two-year dominance for the first time in over a decade. The reigning world champions dropped to third place behind France following a 1-0...

ESET Named a 2025 Gartner® Peer Insights™ Customers’ Choice for Endpoint Protection

BRATISLAVA, Slovakia, June 17, 2025 (GLOBE NEWSWIRE) -- ESET, a global leader in cybersecurity solutions, is proud to announce its recognition as the Customers’ Choice in the 2025 Gartner® Peer Insights™ “Voice of the Customer” report1 for...

Ukrainian Drones Target Russian Oil Pipeline

(MENAFN) The head of Ukraine's drone command has alleged that Ukrainian unmanned aerial vehicles (UAVs) have incapacitated a Russian oil pipeline responsible for transporting crude to Hungary and Slovakia. This pipeline, known as the Druzhba line...

Remittix Presale Skyrockets Past $20M After Revealing First Major Exchange Listing – With More To Follow

KOŠICE, Slovakia, Aug. 20, 2025 (GLOBE NEWSWIRE) -- Remittix (RTX), the fast-expanding blockchain project focused on seamless global payments, has officially reached over $20,4 million in presale status, making it one of the most successful raise...

Ukraine alleges successfully disabling Russian oil pipeline

(MENAFN) The commander of Ukraine’s drone forces has claimed that Ukrainian unmanned aerial vehicles successfully disabled a Russian pipeline that transports oil to Hungary and Slovakia, according to reports. Both Budapest and Bratislava had...

Solvak PM states Alaska meeting changed West’s entrenched stance toward Moscow

(MENAFN) Slovak Prime Minister Robert Fico has argued that the recent meeting between Russian President Vladimir Putin and US President Donald Trump in Alaska undermined the West’s entrenched stance toward Moscow. Fico, who suspended Slovakia’s...

Szijjarto Accuses EU of Undermining Three European Nations

(MENAFN) The European Union is allegedly trying to destabilize the administrations of Hungary, Slovakia, and Serbia because they are placing their own national interests ahead of conformity with Brussels, according to Hungarian Foreign Minister...

EU chiefs want to destroy three European governments

(MENAFN) Hungarian Foreign Minister Peter Szijjarto has accused the European Union of attempting to destabilize and overthrow the governments of Hungary, Slovakia, and Serbia for prioritizing national interests over Brussels’ directives. In a...

Ukraine’s drone commander claims assault on Russian pipeline providing for EU

(MENAFN) The commander of Ukraine’s drone forces, Robert Brovdi, stated that Ukrainian drones disabled a Russian pipeline supplying oil to Hungary and Slovakia. Brovdi said the attack targeted the Nikolskoye pumping station in Russia’s Tambov...

EU Defers Sanctions Package on Russia

(MENAFN) The European Union has delayed the unveiling of its latest sanctions bundle against Russia, a news agency reported, referencing multiple EU envoys. The postponement was attributed to demands from the Trump administration for even stricter...

EU Holds Off New Sanctions Targeting Russia

(MENAFN) The European Union has postponed unveiling its new sanctions package targeting Russia, with the delay attributed to mounting pressure from the Trump administration for tougher measures, Politico reported on Tuesday, citing multiple EU...