Foreign Affairs

Visits

China in agreement to build Hungary/Serbia rail link [Updated]

Part of €10 billion in Chinese funding for infrastructure work promised to the Central Eastern Europe region some 18 months...

Visits

Hungarian-Romanian mixed economic-committee session set

Foreign Trade State Secretary Péter Szijjártó and Minister of Economy Andrei Gerea of Romania agreed at a meeting in Bucharest,...

Visits

Varga on official visit to South Korea

National Economy Minister Mihály Varga met with South Korea's trade minister Yoon Sang-jick and the governor of the country's central...

EU

Hungary omitted from EU’s top support group

Hungary has not been included in the group of European Union member states to receive a maximum of 95% of...

Visits

Orbán: Income tax rate could be <10 percent by 2017

Prime Minister Viktor Orbán stated before those assembled on the second day of the Japan Business Federation (Keidanred)/Hungarian Investment and...

Visits

Orbán attends Tokyo forum, says CE open to Japan

Central Europe’s gates are wide open to Japanese investors, Prime Minister Viktor Orbán said in a lecture at Tokyo’s Josai...

EU

Ministry calls Hungary winner of new EU budget

Hungary will become one of the biggest winners of the European Union’s Financial Framework for 2014-2020, approved by the European...

EU

EBRD downgrades Hungary on “unsettling” policies

The European Union convergence process in most former communist-led member states including Hungary threatens to stall or halt altogether according...

Int'l Relations

€500 million of Hungarian investment for Vietnam

Talks on over €500 million worth of investments by Hungarian companies in Vietnam were discussed at a meeting of the...

Int'l Relations

€75 million for Hungarian business in Vietnam

The Hungarian government will open a €75 million credit line through the Export-Import Bank (Eximbank) of Hungary to help finance...

Visits

Orbán: More funding for culture, science — and a pool for every district

Upon attending the opening of a new 30,000-square meter natural science research center at the Hungarian Academy of Sciences (MTA),...

EU

Sunflower prices down 22%, agriculture prices down 13.7%

New statistics released by the Central Statistics Office (KSH) on agricultural producer prices were quite stunning, with massive drops in...

Int'l Relations

New Trade House for Beijing, agreements with China

As a result of his official visit to China, Foreign Trade State Secretary Peter Szijjártó was today able to announce...

Int'l Relations

After three-day Shanghai visit, Szijjártó hopes for closer ties with China

Foreign Trade State Secretary Péter Szijjártó on Tuesday said he held talks with local government officials and managers of big...

EU

Hungary in 10-nation “Gate One” strategic airspace alliance

Hungary-based air-traffic control service HungaroControl has come together with nine peer air-navigation service providers (ANSPs) to form the “Gate One”...

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...