Foreign Affairs

World

Official: Hungary to reach agreement with Euratom soon

Negotiations between Hungary and Euratom regarding fuel supply to the new blocks of Hungary’s sole nuclear plant in Paks are...

World

Official: Russia could lift embargo for Hungary

Farming products from Hungary, Greece and Cyprus will likely be the first to be allowed into the Russian market once...

Visits

Orbán meets Bell officially

Hungary’s Prime Minister Viktor Orbán late yesterday officially met U.S. Ambassador for Hungary Colleen Bell (pictured) two months after her...

World

Official: Alternative sources of fuel for Paks blocks could raise costs

Following the European Commission’s decision to block Hungary from importing fuel for its sole nuclear plant in Paks from Russia,...

Int'l Relations

Hungary and Vietnam sign tourism agreement after committee meeting

Hungary and Vietnam (pictured) signed an agreement on promoting tourism after a three-day meeting of the two countriesʼ economic committees...

Visits

More than 10,000 march against government

A crowd estimated at more than 10,000 marched peacefully from Keleti train station to Astoria to protest against the government...

EU

KSH: Hungary’s farm gate prices fall 7.2% in January

Farm gate prices in Hungary have seen a year-on-year drop of 7.2% in January, with prices of crops falling by...

EU

KSH: Trade surplus reaches €691 mln

Hungary saw a trade surplus of €691 mln in January, with exports rising 3.7% to €6.841 bln and imports growing...

Visits

PM calls informant accusation a political ‘circus’

Hungary’s Prime Minister Viktor Orbán rejected charges that he was an informant for communist intelligence services and said that media...

EU

Parliament to transpose EU energy efficiency directive before summer

The Hungarian Parliament expects to transpose the European Union’s energy efficiency directive into Hungarian law during its spring session, Hungarian...

Visits

Simicska: Orbán was communist informer

Lajos Simicska, the media oligarch whose business success has been linked to his close affiliation with Hungary’s Prime Minister Viktor...

EU

Association: Most malls to stay open Sundays

Most shopping malls will stay open after the Sunday closing legislation takes effect on March 15, the Hungarian Mall Association...

Visits

MPs approve legislation classifying Paks deal confidential for 30 years

The Hungarian Parliament voted today to classify some of the data contained in the contracts for the expansion on Hungary’s...

Visits

Analysis: Putin gains little from BP visit

The following story, written by Pavel Shchelin, is from the February 27-March 12 print edition of the Budapest Business Journal....

EU

EC launches infringement procedure against Hungary

The European Commission has launched an infringement procedure against Hungary on charges that the country’s energy regulations fail to comply...

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...