Foreign Affairs

Int'l Relations

Tungsram signs strategic partnership agreement with govʼt

Tungsram Group signed a strategic agreement with the government Monday at the companyʼs Újpest headquarters, with Jörg Bauer representing Tungsram...

Visits

Orbán: stimulus needed for 4% growth rate

Prime Minister Viktor Orbán suggested economic stimulus will be necessary to raise this year’s GDP growth to 4% at a...

EU

EU anti-fraud system is ineffective, auditors say

The European Union is failing to stem misuse of EU funds worth hundreds of millions of euros each year, and...

EU

Hungary opposes EU measures affecting road haulage firms

Officials from the transport ministries of Hungary, Bulgaria, Poland and Lithuania have taken a unified stand in Brussels against planned...

EU

Hungary in top 3 of EU list of petrol-driven cars

According to a report by the European Commissionʼs statistical agency Eurostat, about 70% of cars in Hungary ran on petrol...

EU

Budapest posts fastest residential price growth in Europe

Budapest shows the highest 12-month residential property price growth in Europe, while ranking behind only Xiʼan (China) and Ahmedabad (India)...

EU

Hungarian police-to-population ratio lowest across EU

According to the European Commissionʼs official statistics agency Eurostat, Hungary has by far the lowest ratio of police officers to...

Int'l Relations

Govʼt incentives produce HUF 1.38 tln investments in 2018

Hungaryʼs system of investment incentives resulted in 98 big investment projects worth a combined HUF 1.38 trillion in 2018, Minister...

EU

Despite Nov. drop, Hungarian inflation joint-highest in EU

Despite falling 0.7 of a percentage point from the preceding month, Hungaryʼs annual inflation rate reached 3.2% in November, the...

World

U.S. urges Hungary not to block Ukraine’s NATO engagement

U.S. Ambassador to Hungary David B. Cornstein has spoken at a meeting of parliament’s Foreign Committee, covering issues such as...

EU

Farmgate prices up 5.1% in October

Farmgate prices in Hungary increased by 5.1% compared to the same month in 2017, with a 9.7% increase in crop...

Visits

Heated protests against overtime, court reform

Anti-government protesters took to the streets of Budapest after Wednesdayʼs uproarious parliamentary session, protesting the passing of new laws governing...

EU

Hungarians spend twice as much on alcohol as on clothing

Research on household expenditures across the European Union in 2017 reveals that Hungarians spent nearly twice as much on alcohol,...

EU

Varga finds eurozone budget proposal ‘concerning’

Minister of Finance Mihály Varga said Hungary does not support what he described as a "concerning" proposal to establish a...

Visits

Orbán, Plenković discuss awkward issues in Zagreb

Following a meeting with Croatian Prime Minister Andrej Plenković on his official visit to the Croatian capital of Zagreb on...

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...