Foreign Affairs

EU

EU launches probe into Hungarian funding

European Union regulators Wednesday launched an investigation into public funding of €39 million ($53 million) to an investment project by...

World

Strategic nuclear escalation & the multi-polar world

Recently, there has been a new wave in the escalation of strategic nuclear weapons....

World

Ukraine’s Yushchenko talks energy in Hungary – extended

Energy security was under discussion Tuesday as Ukrainian President Viktor Yushchenko met his Hungarian counterpart László Sólyom and Prime Minister...

EU

Constitutional Committee gives green light to Intergovernmental Conference

Parliament's Constitutional Affairs Committee favors giving a green light to an intergovernmental conference (IGC) on EU treaty reform....

World

Oil experts predict “supply crunch” in five years

World oil supplies are likely to fall faster than expected, amid booming consumption in China and the Middle East and...

World

Austria’s Strabag plans to expand in Russia, Ukraine, Baltics

We are expecting to secure the construction jobs for the sporting objects of the Winter Olympics in Sochi, Russia, said...

EU

Contest of ideas lauched for Romanian rural development

A national contest of ideas for the development of Romanian villages was launched on Thursday by the representative office of...

World

Could jatropha be a biofuel panacea?

There is a bush which has grown across the Americas, Africa and Asia for centuries. Could jatropha solve India's energy...

World

Booming economies, dangerous politics – report

A deep disjuncture between well-performing economies and disturbing political trends has opened up in much of the Eastern Europe, according...

World

EU seeks to increase use of biofuels

The European Union and Brazil met in Brussels Thursday to talk about the benefits of using more plant-based fuels, and...

EU

EU fines telefonica record €151.9 mln

The European Union's top antitrust authority fined Spanish telecoms firm Telefonica a record €151.9 million ($207 million) for squeezing out...

EU

Poland has right to block EU decisions for 2 years:PM

Poland has obtained a guarantee enabling it to block EU decisions for two years, Polish Prime Minister Jaroslaw Kaczynski said...

World

EBRD to provide €400 million in financing for Romanian projects

The European Bank for Reconstruction and Development (EBRD) this year will invest in Romania some €350-400 million ($410-545 million), director...

EU

Hungary to catch up EU15 in 35 years

Researchers at University of California, LA (UCLA) made a survey on EU member countries in Eastern Europe....

World

China’s oil consumption likely to reach 350 million tons in 2007

China will use up to 350 million tons of oil this year, ten million tons more than last year, said...

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...