Foreign Affairs

World

Ukraine will join WTO by end of year, says foreign minister

Ukraine hopes to join the World Trade Organization by the end of 2007, allowing for negotiations to open on a...

EU

EU talks with South Korea on free trade deal

The European Union kicked off the second-round talks with South Korea on a free trade deal, offering totally free market...

World

A burning issue – climate decision

Gordon Brown is facing his first major climate decision since taking office. As the Observer revealed on Sunday, the government...

World

Gazprom plans to buy 50% in Caspian field from Swedish company

Russian energy giant Gazprom said Monday it had signed a deal with Sweden's Lundin Petroleum AB to acquire a call...

World

EU envoy to discuss Russia’s accession to WTO in Moscow

Gunter Verheugen, Vice-President of the European Commission responsible for Enterprise and Industry, is arriving in Moscow Monday to discuss Russia's...

World

Russia’s new oil pipe to cut supply to Central Europe

A new Russian crude oil export pipeline may cut supplies to refineries in Hungary, Slovakia, Germany and some other central...

EU

Ireland most expensive for alcohol, – second most expensive for food

In 2006, the price level of a comparable basket of food and non-alcoholic beverages was two and half times higher...

EU

Romanians witness biggest salary increases in Eastern Europe

Romanians have witnessed one of the biggest average salary increases in Eastern Europe over the past two years, the national...

EU

Eurozone economy grows by 0.7% in Q1

The European Union's statistics bureau Eurostat raised on Thursday its economic forecast for the euro zone, saying the 13-nation economy...

EU

Global expansion continues, while fears of a financial crisis grow

“The global expansion will remain on track over the next 18 months, with a reacceleration in growth in the US...

World

Estonia to challenge European Commission over carbon quotas

The Estonian government decided Thursday to challenge the European Commission over the carbon dioxide quota the EC has established for...

EU

Romania, EU sign deal on financial aid

Romania and the European Union signed an agreement on Thursday through which the EU will extend funds to the fresh...

EU

Slowly but surely, Latvia glides toward double-digit inflation

The Central Statistics Office on July 9 came out and announced what every Latvian already knows: that prices are inexorably...

EU

65% of Romanians trust the European Union

Six months after the accession, the level of trust Romanian have in the European Union and its institutions still reaches...

EU

Dollar falls further to euro – extended

The dollar continued its descent into record low territory against the euro Wednesday amid fears about the health of the...

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...