Foreign Affairs

EU

Orbán to participate in EP debate on rule of law

Hungarian Prime Minister Viktor Orbán will participate in person at a debate in the European Parliament on the report prepared...

Visits

Szijjártó summons Swedish ambassador

Minister of Foreign Affairs and Trade Péter Szijjártó has summoned the Swedish Ambassador after recent critical statements of Hungary by...

Visits

Orbán calls for deportation of migrants, calls Salvini his ‘hero’

Hungarian Prime Minister Viktor Orbán had a working meeting in Milan Tuesday with Matteo Salvini, Deputy Prime Minister of Italy...

Int'l Relations

Poultry processor plans HUF 15 bln capacity expansion

Hungarian poultry company Master Good Kft. plans a HUF 15 billion capacity expansion at its base in Kisvárda (NE Hungary),...

EU

CEE sees record private equity investment in 2017

Private equity and venture capital investment in companies in Central and Eastern Europe (CEE) reached a record USD 3.5 billion...

EU

Hungarians pay dearly for communications, clothes

Last year price levels in Hungary were about 42% below the EU average, and lower than 14 years ago. However,...

Visits

Hungaryʼs Hír TV turns pro-government again

The Hungarian media landscape continues to head in a pro-government direction. In the latest move, Hír TV has announced significant...

EU

Hungarian house prices increase further in Q1

Hungarian residential property prices rose by an average of 5.4% in nominal terms in 2018 Q1 compared to the previous...

EU

Barely 1/3 of Hungarian companies last 5 years

The five-year survival rate for newly established Hungarian businesses stood at just over 37% in 2016, a summary of data...

Int'l Relations

Supporting Serbiaʼs EU integration priority for Hungary – Szijjártó

Supporting Serbiaʼs integration with the European Union is a priority foreign policy goal for Hungary, Minister of Foreign Affairs and...

Visits

Orbán: major changes coming from September

Following a third consecutive general election victory, the time has come for a "new intellectual and cultural approach" in building...

Int'l Relations

EFSI Results Prove Innovative Financing More Than a Buzz-word

Exclusive op ed for the Budapest Business Journal by Vazil Hudak, European Investment Bank Vice President....

Visits

Orbán meets Netanyahu in Jerusalem

Hungarian Prime Minister Viktor Orbán met with his Israeli counterpart Benjamin Netanyahu in Jerusalem on Thursday, where he stressed the...

Int'l Relations

Renaissance: Making Bilateral Relationship ‘Best Ever’

America’s new Ambassador to Budapest has vowed to work with the Hungarian foreign minister to make bilateral relations between the...

EU

Update: EC starts infringement procedure over ‘Stop Soros’

The European Commission (EC) is launching an infringement procedure against Hungary over recent Hungarian legislation that criminalizes the promotion or...

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...