Foreign Affairs

EU

Factory gate prices up 2.7% y-o-y in March

Industrial producer prices in Hungary rose 2.7% year-on-year in March, the Central Statistical Office (KSH) reported on Tuesday. Prices for...

Visits

Chinaʼs CMC could invest up to EUR 1 bln in Hungary

China National Machinery Import and Export Corporation (CMC) could invest up to EUR 1 billion and set up a regional...

Int'l Relations

Hungary Building a Fairytale With AmCham

Minister of Foreign Affairs and Trade Péter Szijjártó has told AmCham members he continues to rely on their support and...

EU

Tainted Russian oil could reach Hungary in 4-5 days – Reuters

Chloride-tainted Russian oil flowing through the Druzhba pipeline could reach Hungary and Slovakia in 4-5 days, news agency Reuters reported...

Visits

Orbán meets Chinese premier ahead of Belt and Road Forum

Prime Minister Viktor Orbán met with Chinese Premier Li Keqiang in Beijing on Thursday, ahead of the Belt and Road...

EU

EU-China Tourism Year increases travel across continent

The European Travel Commission (ETC) reported a 5.1% increase in Chinese arrivals to EU destinations in 2018, marking a successful...

World

‘NATO at 70: Lessons Learned and Future Challenges’

The Institute for Foreign Affairs and Trade (KKI), in cooperation with the Atlantic Council, a U.S. think tank in the...

Int'l Relations

German firms’ assessment of economy good, but outlook worsens

The “vast majority” of German-owned companies in Hungary gave a positive evaluation of their own business, as well as of...

Visits

Hungary, Serbia hold joint cabinet meeting in Subotica

Senior members of the governments of Hungary and Serbia held a joint cabinet meeting on Monday in Subotica, Vojvodina, the...

Visits

Hungary will not soften laws to allow CEU to stay

Hungary will not relax rules for international universities despite pressure from the European Union and offers from Germany to mediate...

Int'l Relations

Hungary to open diplomatic trade mission in Panama

Hungary will open a diplomatic trade mission in Panama, Minister of Foreign Affairs and Trade Péter Szijjártó told state news...

EU

Foreign-owned firms create more than 50% of value added

In 2016, foreign-controlled companies accounted for 51.4% of value added in the non-financial business economy in Hungary, the highest value...

Int'l Relations

Eximbank opens credit line to Hungarian firms in Mexico

Hungaryʼs Eximbank has opened a USD 620 million credit line to help the activities of Hungarian businesses in Mexico, Minister...

EU

EC environmental review notes progress, but more needed

In its latest Environmental Implementation Review (EIR) for Hungary released last Friday, the European Commission (EC) says the country has...

Int'l Relations

Hungary, U.S. sign Defense Cooperation Agreement

Hungary and the United States have signed a new defense cooperation agreement in Washington, D.C., according to Hungarian government website...

Int'l Relations

Russia Expels Hungarian Diplomats in Retaliatory Move

Russia’s Foreign Ministry announced Thursday that it was expelling Hungarian diplomats in retaliation for Hungary’s recent expulsion of 10 Russian...

EU

EU Grants Hungary 1‑year Exemption from Gas Market Rule

The EC approved Hungary's request for a temporary exemption from an EU gas‑market regulation at the Serbian border, allowing the...

Germany Celebrates Fall of the Iron Curtain as a Joint Achievement

Germany’s new ambassador to Hungary, Alexander Schönfelder, took up his post in August. In his first interview with the BBJ,...

Hungary Signals Interest in Hosting 2036 Olympics

The Int'l Olympic Committee confirmed that Hungary is among seven countries engaged in ongoing dialogue and has formally expressed interest...

Russia Expels Hungarian Diplomats in Retaliatory Move

Russia’s Foreign Ministry announced Thursday that it was expelling Hungarian diplomats in retaliation for Hungary’s recent expulsion of 10 Russian...

Hungary’s EPPO Accession Advances With Budapest Talks

European Chief Prosecutor Laura Codruța Kövesi held talks with Hungarian officials in Budapest on the details of Hungary’s accession to...

EU Grants Hungary 1‑year Exemption from Gas Market Rule

The EC approved Hungary's request for a temporary exemption from an EU gas‑market regulation at the Serbian border, allowing the...

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....

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...

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 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...

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 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...

CJEU Rejects Hungary’s Bid to Halt Russian Asset Revenue Transfers to Ukraine

The CJEU has thrown out an appeal by the previous Hungarian government against an EC decision to send aid to...