Foreign Affairs

EU

Anti-Monopoly Law to influence Chinese oil firms

China’s anti-monopoly law was approved last week by the National People’s Congress, the country’s legislative institution, after 13 years spent...

Visits

APEC leaders wind up summit with statements on trade, climate

The leaders of 21 Pacific Rim economies rounded off their summit in Sydney on Sunday with joint statements on trade...

World

World’s largest ASU in Russia

Air Liquide and Severstal, Russia’s second largest steel company, have launched the world’s biggest air separation unit in the steel...

World

Australia strikes nuclear deal with Russia – extended

Australia could supply Russia with uranium worth a $1 billion as part of a bilateral nuclear cooperation agreement signed between...

EU

Poland’s joining in Schengen zone a success: Senate

Poland will join the European Union’s border-free zone next year, but the Senate worries that the move could hamper contact...

EU

Most likely to be crunched

Standard & Poor’s says the tiny emerging markets of Latvia and Iceland are most vulnerable to fallout from the US...

EU

EU needs more skilled workers

The European Union is backing a plan to ease immigration within the EU.EU External Relations Commissioner Benita Ferrero-Waldner says the...

World

GDF-Suez merger deals a blow to EU ambition to open energy sector

The European Union’s ambitions to open the bloc’s energy sector to greater competition were dealt a fresh blow Monday after...

Visits

China, Hungary vow to step up partnership

China and Hungary vowed here Monday to further their cooperation in fields such as investment, high-tech, trade and infrastructure in...

EU

Moldova looks to EU for free cash handouts

The European Union is calling Moldova to task this Monday in a meeting in Brussels where the country, Europe’s poorest,...

EU

German environment minister threatens fines for carmakers

German carmakers may face fines if they do not radically reduce carbon dioxide emissions from premium cars starting in 2012,...

World

How Gazprom turned up the heat on the West

With a private army and a multibillion-pound turnover, the Russian energy giant Gazprom has rapidly become one of the world’s...

EU

Bulgaria becomes financially stable, predictable – PM says

Bulgaria has become a financially stable and predictable country capable of resisting outside economic crises, Prime Minister Sergey Stanishev said...

EU

Ukranian president urges tougher anti-corruption measures

Ukranian President Viktor Yushchenko on Friday called for tougher measures to combat corruption among government officials at all levels....

Int'l Relations

Hungarian Season in China milestone in growth of ties

Hungarian Prime Minister Ferenc Gyurcsány said that The Hungarian Season, slated to be held in nine Chinese cities between September...

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...