Foreign Affairs

Int'l Relations

Szijjártó discusses investment with Tajik counterpart

Hungarian Minister of Foreign Affairs and Trade Péter Szijjártó discussed investment possibilities with his counterpart from Tajikistan Sirodjidin Aslov at...

EU

OECD lowers GDP growth forecast for 2017

The OECD has lowered its projection for Hungary’s GDP growth next year to 2.5% in volume terms in a forecast...

Visits

Trump: ‘I’m a big fan of Hungary’

During his telephone conversation with Prime Minister Viktor Orbán, President-elect Donald J. Trump expressed his thanks for the support of...

Visits

Trump tells Orbán he appreciates Hungary, PM says

Donald J. Trump “has made it clear” that he appreciates Hungary, Prime Minister Viktor Orbán told Hungarian daily Világgazdaság, the...

Int'l Relations

Hungarian Eximbankʼs new outlays rise 12.5% in H1

Eximbank made loans worth a total of HUF 153 bln in the first half of 2016, up 12.5% from a...

Visits

Orbán sees minimum wage raise boosting economy

The planned raising of the minimum wage in Hungary is not expected to pose a burden to the local economy...

EU

EC refers Hungary to justice court over mobile payment service

The European Commission announced yesterday it was taking further steps against Hungary – along with Austria, Belgium, Cyprus, Denmark, Germany,...

Int'l Relations

Hungarian-Iranian joint economic committee may meet in Feb

A Hungarian-Iranian joint intergovernmental economic committee could be established as early as the beginning of February, House Speaker László Kövér...

EU

Agricultural producer prices drop 3.8% in September

Agricultural producer prices in Hungary saw a 3.8% drop in September, compared to the same month a year earlier, Hungary’s...

Int'l Relations

President meets New Zealand Prime Minister

Hungary’s President János Áder met with New Zealand Prime Minister John Key in Wellington today and discussed opportunities for economic...

Visits

‘Reality has triumphed’, says Orbán about Trump victory

While Donald Trumpʼs victory has reportedly been followed by a wave of hate crime attacks against minorities across the U.S.,...

Int'l Relations

Swiss Krono Group opens wood processing plant

The Swiss Krono Group inaugurated a new wood processing plant producing oriented strand board (OSB) Wednesday, completed through an investment...

Visits

Trump victory a ‘return to reality,’ says Orbán

While anti-Trump U.S. voters flocked the streets of the nationʼs biggest cities, in some cases even setting them alight in...

EU

Hungary could adopt euro by 2031, says MNB governor

The earliest Hungary could adopt the euro as its currency may be no sooner than in 15 years, meaning 2031,...

Visits

Hungaryʼs government congratulates Donald Trump

Early this morning Hungary’s Prime Minister Viktor Orbán and several senior ministers issued statements congratulating President-elect Donald Trump, who will...

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...