Foreign Affairs

World

China to consume 63% more oil in 2020 compared with 2006

China is expected to consume 62.5% more oil in 2020 compared with 2006 as fast economic growth will continue to...

World

China to consume 63% more oil in 2020 compared with 2006

China is expected to consume 62.5% more oil in 2020 compared with 2006 as fast economic growth will continue to...

EU

Goldman raises European metals and mining sector

Goldman Sachs upgraded the European metals and mining sector to “attractive” from “neutral,” saying it expected increased cash flow forecasts...

EU

Goldman raises European metals and mining sector

Goldman Sachs upgraded the European metals and mining sector to “attractive” from “neutral,” saying it expected increased cash flow forecasts...

EU

Slovakia submits formal bid for euro in 2009

Slovak Finance Minister Jan Pociatek on Saturday formally filed his country's application to join the eurozone in January 2009....

EU

Slovakia submits formal bid for euro in 2009

Slovak Finance Minister Jan Pociatek on Saturday formally filed his country's application to join the eurozone in January 2009....

EU

Most Danes want euro

A majority of Danes favor adopting the euro, a fresh survey has suggested....

EU

Most Danes want euro

A majority of Danes favor adopting the euro, a fresh survey has suggested....

World

China plans to find oil, mineral reserves

The search is on for domestic reserves of key resources in China, such as iron ore and crude oil, to...

World

China plans to find oil, mineral reserves

The search is on for domestic reserves of key resources in China, such as iron ore and crude oil, to...

World

A decisive week in East-West relation

This week’s NATO summit in Bucharest, Romania, which might invite Ukraine and Georgia to join the alliance, is seen in...

World

A decisive week in East-West relation

This week’s NATO summit in Bucharest, Romania, which might invite Ukraine and Georgia to join the alliance, is seen in...

World

NATO leaders look for fresh start with Putin

NATO leaders meet Russia’s Vladimir Putin on Friday, hoping to begin a thaw in chilly relations with their former Cold...

World

NATO leaders look for fresh start with Putin

NATO leaders meet Russia’s Vladimir Putin on Friday, hoping to begin a thaw in chilly relations with their former Cold...

EU

Hungary: Coalition split forces rate to 10%?

The Hungarian Central Bank (MNB) raised the prime rate to improve credibility while the domestic macro situation is likely to...

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...