Foreign Affairs

Visits

Putin, Sarkozy set to boost economic ties

Russian President Vladimir Putin and French President Nicolas Sarkozy are due to hold talks in a bid to boost bilateral...

EU

Slovakia’s euro membership ambitions face key test

Slovakia’s ambitions to be the first of the leading EU newcomers to join the euro are facing a critical test...

World

China’s bid for cleaner environment brings huge business chances

China's current drive for an energy-efficient and environmentally-friendly society will bring business opportunities worth up to $300 billion in the...

EU

Slow pace of educational reform a threat to Europe’s competitiveness – says EU

There is insufficient overall progress in Europe’s education and training systems towards the goals set in the Lisbon strategy for...

Int'l Relations

Russian, Kazakh banks propose $1 bln investment fund

Vnesheconombank and the Development Bank of Kazakhstan have proposed establishing an interstate investment fund of around $1 billion, the Russian...

EU

EC may launch litigation against Hungary over privatization rules

The European Commission might start litigation against Hungary over the country’s privatization regulations, Bloomberg has reported on Thursday, citing Austrian...

EU

Report challenges EU subsidies for biofuels

The European Union’s support for biofuels may not be the most cost-effective way for the 27-country bloc to tackle climate...

Int'l Relations

LUKoil, Gazprom Neft may set up JV within two months

LUKoil, Russia’s largest independent crude producer, and Gazprom Neft said they may establish a joint venture within the next two...

World

Triple-digit oil prices to become norm: analyst

Oil prices of at least $100 a barrel are expected to become the norm as early as next year, as...

World

Ukraine to pay $1.3 bln gas debt to Russia by Nov.1

Gazprom’s CEO and Ukraine’s fuel and energy minister agreed on Wednesday that Ukraine would repay its $1.3 billion gas debt...

EU

Bulgaria, Romania officially join Europol

A special welcoming event will take place on Wednesday night in Europol’s headquarters in Hague for its two new members...

EU

EU gives green light to projects in Poland: commissioner

The European Commission has approved development projects targeted for Poland's poorer eastern regions, some of the most economically disadvantaged in...

EU

EU governments agree to fully open postal sector in 2011

The European Union governments reached a political agreement on Monday to open their domestic postal sectors to full competition in...

EU

EBRD warns of slowing growth in Eastern Europe

The European Bank for Reconstruction and Development (EBRD) expects the global financial market turmoil to slow down economic growth and...

Visits

French President to visit Russia October 9-10

French President Nicolas Sarkozy will make a working visit to Russia October 9-10, the Kremlin press service said Friday....

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...

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...

EU Customs Changes Reshape Hungarian Online Shopping, PwC Finds

Hungarian online shoppers are planning purchases more carefully rather than abandoning international platforms following July’s customs changes, according to PwC...