Foreign Affairs

EU

Euro zone June inflation hits new record high at 4%

The annual inflation for the euro zone in June is expected to hit a record-high 4%, surpassing the 3.7% in...

EU

Euro zone June inflation hits new record high at 4%

The annual inflation for the euro zone in June is expected to hit a record-high 4%, surpassing the 3.7% in...

EU

Sarkozy urges ECB to “think twice” before rate hike

The European Central Bank (ECB) should think twice before raising interest rates, French President Nicolas Sarkozy said....

EU

OPEC rejects call to set price band for oil

The President of the Organization of Petroleum Exporting Countries (OPEC) rejected a call to set any price band control in...

EU

Sarkozy urges ECB to “think twice” before rate hike

The European Central Bank (ECB) should think twice before raising interest rates, French President Nicolas Sarkozy said....

EU

OPEC rejects call to set price band for oil

The President of the Organization of Petroleum Exporting Countries (OPEC) rejected a call to set any price band control in...

EU

EU official says Europe poorer as prices roaring

Rising prices of oil and food imports has made Europe poorer, an EU commissioner for economic affairs said....

EU

EU official says Europe poorer as prices roaring

Rising prices of oil and food imports has made Europe poorer, an EU commissioner for economic affairs said....

World

Oil prices hike: is speculation all to blame?

While oil has gained more than 40% this year, more and more people now shift their focus onto the role...

World

Oil prices hike: is speculation all to blame?

While oil has gained more than 40% this year, more and more people now shift their focus onto the role...

World

Oil rises above $141 on weak dollar

Oil rose over $1, back above $141 a barrel, bolstered by a weak US dollar and continuing tensions between Israel...

World

Oil rises above $141 on weak dollar

Oil rose over $1, back above $141 a barrel, bolstered by a weak US dollar and continuing tensions between Israel...

EU

Russia and EU seek fresh start at summit

Russia President Dmitry Medvedev met European Union leaders at a summit on Friday, with Brussels hoping the new Kremlin chief...

EU

Russia and EU seek fresh start at summit

Russia President Dmitry Medvedev met European Union leaders at a summit on Friday, with Brussels hoping the new Kremlin chief...

EU

Bulgaria raises home power, gas prices from July 1

Bulgaria will raise electricity prices for households by an average 14% and wholesale gas prices by 5.15% from July 1...

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...