Foreign Affairs

World

Spanish Prasa and Detea invest €450 mln in Constanta Project

The Spanish companies intend to develop a mixed-use project, consisting of office space, hotel, retail centers and residential units, with...

EU

Fitch downgrades Latvia’s credit rating

Latvia’s long-term sovereign rating was cut to BBB+ from A- by Fitch Rating Service on Friday....

EU

Eurozone inflation confirmed down at 1.8% in July

Lower prices for transport fuel and telephone calls soothed inflation in the 13 nations that share the euro to 1.8%...

Int'l Relations

Ukraine: Gov’t floats Iraqi oil pipe plan

The governing coalition of Prime Minister Viktor Yanukovych announced plans this month to create a transport corridor that would diversify...

EU

Latvian premier says joining euro in 2012 optimistic

Latvia will not be able to join the common European currency until 2012 - and even that is optimistic, Latvian...

World

Ukraine wants to take part in the Lithuanian power plant project

Participation in a nuclear plant project in Lithuania is also open to Ukraine, said Lithuania’s president on Tuesday....

World

Russian steelmaker buys 22% stake in Ireland’s Celtic

Russian steelmaker Severstal said Tuesday its mining subsidiary Severstal-Resurs had acquired a 22% stake in Ireland’s Celtic Resources Holdings Plc,...

EU

Romania concerned with swine fever outbreak

Romania is concerned with finding a solution for the swine fever outbreak in the Smithfield farms in the western part...

World

Euro 2012 sets Ukraine tough test

The industrial heart of eastern Ukraine was glowing in a beautiful sunset as local heroes Shakhtar Donetsk took on their...

EU

Lithuania joins carbon challenge roster

Lithuania has confirmed that it will join its Baltic neighbors in taking the European Commission to court over the level...

EU

Ireland: Mortgage rise and fuel bills push inflation back up to 5%

Inflation comparisons between 27 EU member countries show Ireland in 20th place, with only Slovenia, Romania, Lithuania, Bulgaria, Estonia, Hungary...

EU

EU mulls E-registry for US visitors

Now that the US is asking visa-free travelers from Europe to answer queries online before they leave home, the EU...

Int'l Relations

Turkey to invest over $4 bln in South Russian region

Turkey plans to invest more than $4 billion in South Russia’s Krasnodar Territory, where the 2014 Winter Olympic Games will...

EU

Serbia will not trade Kosovo for EU

Serbia will not recognize Kosovo’s independence in exchange for EU membership, the Serbian Ambassador to Russia says....

EU

Swine fever outbreak hits Romania

The Romanian authorities have ordered the slaughter of 20,000 pigs after an outbreak of swine fever at a farm in...

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...