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....

Int'l Relations

No Hungarian Casualties Reported in Krakow Shooting, Ministry Says

Hungary’s Foreign Ministry said Saturday evening that it had no information indicating any Hungarians were among the casualties of a...

Int'l Relations

Hungarian President Offers Condolences After Deadly Spain Train Crash

President András Baka expressed condolences to the families of those killed in a train crash in Spain on Wednesday, his...

Domestic

Hungary Seizes HUF 1.5 bln in Pandemic Equipment Money Laundering Probe

Suspects were detained and HUF 1.5 bln in assets seized in raids targeting an alleged money laundering ring linked to...

Issues

Hungarians Want Stronger Protection of Lake Balaton, Survey Finds

A representative survey by the 21 Research Center found that 65% of Hungarians believe Lake Balaton's shoreline has been overdeveloped....

Péter Magyar: Former Hungarian PM Viktor Orbán’s Brother Detained

Áron Orbán, the brother of former PM Viktor Orbán, has been detained on suspicion of people smuggling, according to press...

No Hungarian Casualties Reported in Krakow Shooting, Ministry Says

Hungary’s Foreign Ministry said Saturday evening that it had no information indicating any Hungarians were among the casualties of a...

Hungary Publishes Communist-Era Informant Files Online

Hungary has made the names and personal details of tens of thousands of communist-era informants publicly accessible through a new...

Parliament Elects Péter Fejes as Hungary’s Chief Public Prosecutor

Parliament elected Péter Fejes as Hungary's chief public prosecutor Tuesday, approving President András Baka's nominee with 139 votes in favor...

Budapest’s Chain Bridge to Light Up in Swiss Colors on November 5

Budapest’s Chain Bridge will be illuminated in red and white on the evening of November 5 to mark the 80th...

Hungary and U.S. Deepen Security Ties, Target Far-Left Extremism

Hungarian Foreign Minister Anita Orbán and U.S. Secretary of State Marco Rubio signed counterterrorism and energy cooperation agreements Thursday....

EP Vice President Welcomes Hungary’s Reforms, Says Concerns Remain

European Parliament Vice President Sophie Wilmès welcomed changes under way in Hungary since the April election, describing reforms as encouraging...

Hungarian President Offers Condolences After Deadly Spain Train Crash

President András Baka expressed condolences to the families of those killed in a train crash in Spain on Wednesday, his...

Hungary Proposes 15% Corporate Tax Rate for Large Companies

The government has submitted a bill that would raise Hungary's corporate tax rate from 9% to 15% for companies with...

Hungary Seizes HUF 1.5 bln in Pandemic Equipment Money Laundering Probe

Suspects were detained and HUF 1.5 bln in assets seized in raids targeting an alleged money laundering ring linked to...

Magyar Congratulates Serbia’s Student List on Election Victory

Prime Minister Péter Magyar congratulated the leaders of Serbia's opposition Student List in a phone call after their victory in...

Hungarians Want Stronger Protection of Lake Balaton, Survey Finds

A representative survey by the 21 Research Center found that 65% of Hungarians believe Lake Balaton's shoreline has been overdeveloped....

Hungary’s 2027 Budget Combines Tax Relief, Spending Rises and Cost Cuts

Hungary’s 2027 budget will prioritize “fairness” and “development” through tax relief, higher public sector wages and EU-funded investments, Finance Minister...

Former Hungarian Central Bank Governor György Matolcsy Taken Into Custody

Former MNB Governor György Matolcsy was taken into custody this morning. His lawyer said he is suspected of economic fraud...

Hungary Plans 9% Income Tax for Minimum Wage Earners in 2027 Budget

Hungary is set to cut the personal income tax (PIT) rate for minimum wage earners from 15% to 9% next...