Politics

World

Chinese Sinopec buys Udmurtneft from TNK-BP

Russia's second largest oil firm TNK-BP has agreed to sell its mid-sized oil unit Udmurtneft to China's Sinopec, TNK-BP said...

Elections

PM calls opposition for cooperation, Fidesz rejects offer

Prime Minister Ferenc Gyurcsány on Friday called upon the opposition to cooperate in amending the laws which require two-thirds majority...

Elections

MPs elect Ferenc Gyurcsány prime minister

The Hungarian Parliament approved the government program and elected Ferenc Gyurcsány as prime minister on Friday....

EU

Mol to raise fuel prices on Thursday

Hungarian oil and gas company Mol Rt, the country's major fuel distributor, will raise the price of 95-octane petrol by...

Party Popularity

Campaign ads worth a combined Ft 5.8 bln

Hungary's political parties spent a combined Ft 5.8 billion on advertising in the first four months of 2006, during the...

Elections

Gyurcsány announces reform bills

Prime Minister Ferenc Gyurcsány published proposals yesterday to simplify the running of the state and reduce the size of parliament....

EU

VPOP tightens control of excise goods from non EU countries

Hungary's Customs and Excise Office (VPOP) has strengthened controls on excise goods entering Hungary from non European Union countries, the...

EU

Mol union calls off strike

A union at Hungarian oil and gas company Mol Rt has called off a strike planned for Tuesday, Mol spokesman...

EU

CEZ sets up Hungarian unit

CEZ, the Czech Republic's biggest energy company, has set up a trading unit in Hungary, to start operating from June...

EU

Broadband internet users at 6% of population

The number of Hungarians with broadband internet access was 6.14 out of every 100 residents at the end of 2005,...

World

Hungary reports 15% CO2 permit surplus for 2005

Hungary, the third-largest economy among the 10 newest European Union countries, allocated permits for 15% more carbon dioxide than the...

Government

Navracsics named new Fidesz parliamentary group leader

Main opposition Fidesz on Monday formed its parliamentary group and elected Tibor Navracsics as its group leader in the house....

Government

Magyar Casts Doubt on Tisza Support for Chief Prosecutor Nominee

PM Péter Magyar said Monday that the ruling Tisza Party was unlikely to support Zoltán Szathmáry’s nomination as chief public...

Government

Magyar Government’s Mission Impossible: Spend Less While Spending More

Hungary is currently on a mission impossible: pursuing fiscal consolidation while working on tax cuts and social spending, as promised...

Magyar Invites Pope Leo XIV to Hungary After Vatican Talks

Prime Minister Péter Magyar invited Pope Leo XIV to visit Hungary during a private audience at the Vatican on Sept....

Tisza Lawmakers Propose Making Christmas Eve a Public Holiday

Three Tisza Party lawmakers have submitted a bill to Parliament that would make Dec. 24 a permanent public holiday in...

EU Project Pre-Financing Pushes August Budget Deficit to HUF 2.31 tln

Hungary’s cash flow-based general government deficit reached HUF 2.31 tln in August, driven overwhelmingly by pre-financing for projects supported by...

Magyar Casts Doubt on Tisza Support for Chief Prosecutor Nominee

PM Péter Magyar said Monday that the ruling Tisza Party was unlikely to support Zoltán Szathmáry’s nomination as chief public...

Government to Terminate MKIF Motorway Concession, Magyar Says

Hungary’s government will terminate its motorway concession contract with MKIF and file a formal complaint, Prime Minister Péter Magyar said...

All Hungarian University Students to Regain Erasmus Access by October, Official Says

Hungarian university students will have the opportunity to participate in the Erasmus mobility program by October, with some able to...

ÁKK: Euro Adoption May Cut Hungary’s Debt Costs by 50%

The Government Debt Management Agency (ÁKK) says Hungary could reduce its financing costs after adopting the euro, lowering annual interest...

Hungarian Teen Detained Over Alleged Terrorist Threats After FBI Tip

Hungarian police have detained a 16-year-old boy in Győr on suspicion of making terrorist threats after the FBI alerted authorities...

Russia Pledges Response to Hungary’s Expulsion of 10 Diplomats

Russia will respond to Hungary’s decision to expel 10 Russian diplomats, Foreign Mininstry spokesperson Maria Zakharova said Tuesday, adding that...

Hungary to Direct HUF 90 bln From Tobacco Tax Increases to Healthcare

Hungary will use revenue from higher tobacco excise duties to provide additional funding for healthcare, the government said Tuesday, citing...

Hungary to Formalize Gift of Lipizzaner Horses to King Charles III

Hungary will formally gift two Lipizzaner horses to the UK's King Charles III, resolving an ownership issue after the animals...

LGBTQ+ Groups Urge Hungary to Allow Joint Adoption as Magyar Signals Reform

LGBTQ+ and human rights organizations have offered to help reshape Hungary’s adoption rules after PM Péter Magyar signaled openness to...

40 Hungarian Tourists Safe After Wildfire Evacuation on Croatia’s Brač Island

A group of 40 Hungarian tourists evacuated from Milna on Croatia’s Brač island due to wildfires are safe, Hungary’s Foreign...

Magyar Government’s Mission Impossible: Spend Less While Spending More

Hungary is currently on a mission impossible: pursuing fiscal consolidation while working on tax cuts and social spending, as promised...

Magyar Says No Progress Yet in Hungary-Slovakia Dispute Over Beneš Decrees

PM Péter Magyar said Thursday that no progress had yet been made on disputed issues between Hungary and Slovakia, including...