Foreign Affairs

EU

Securing syndicated loans

Hungarian legislation has changed its position on the concept of trust. The new Hungarian Civil Code, which enters into force...

Int'l Relations

Government levels growth hopes on exports

Expectations that the Hungarian economy will assume a growth trajectory seems to be gaining support from the country’s main export...

EU

Minister wants exception for black locust on EC invasive species list

Rural Development Minister Sándor Fazekas sent a letter last weekend to EU Environment Commissioner Janez Potočnik, calling for the black...

Visits

Takata lays cornerstone of €68 million Miskolc plant

Japan-based Takata held the ceremony to lay the cornerstone of a €68 million airbag/car safety systems plant in Miskolc yesterday....

EU

Report: EC against land law; Fazekas unconcerned

In the ongoing bitter dispute between Hungarian Rural Development Minister Sándor Fazekas and his Austrian counterpart Andrä Rupprechter, the former...

Int'l Relations

Hungary pushes for natural gas import from US

Foreign Trade State Secretary Péter Szijjártó discussed bilateral economic cooperation between the United States and Hungary and the possibility of...

EU

EU-28, Hungary on track for 2020 renewable energy goal

European Union statistics office Eurostat this week released a report on the use of renewable energy sources in member states...

Int'l Relations

National Trade House produces HUF 100 billion in 2013

State-owned Hungarian National Trade House Company (MNKH) is charging on average a 2% commission for promoting the exports mainly of...

Int'l Relations

Visegrád Four appeal to US to export shale gas

Given the current crisis in the Crimea region and the very realistic concomitant possibility that Russia could well cut supplies...

EU

Survey: EU popularity growing in Hungary

The European Union is seen more favorably by the Hungarian public than before and its institutions are trusted above the...

Visits

Orbán in Ukraine meet; tomorrow in Ireland with EPP

Prime Minister Viktor Orbán is in Brussels today, taking part in the European Union extraordinary summit of heads of state...

World

EBRD confirms €5 billion for Ukraine through 2020

A few hours after European Commission president José Manuel Barroso held a brief press conference to announce a proposal for...

EU

EC: Hungary macroeconomic imbalance “not excessive”

The European Commission counted Hungary among European Union member states that are experiencing macroeconomic imbalances, but not among those whose...

World

Visegrád Four foreign ministers evoke history in statement on Ukraine

As part of a larger meeting of European Union foreign ministers in Brussels, those of the Visegrád Four nations (Hungary,...

World

Ukraine crisis: Hungarian foreign ministry reacts

Ukraine told Russia that a military invasion would be an act of war following a vote by lawmakers in Moscow...

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...