Foreign Affairs

World

US, Russia to promote nuclear energy co-op

The United States and Russia pledged on Tuesday to expand nuclear energy cooperation and make nuclear energy available to developing...

EU

Lower energy bills ahead for EU consumers

The bloc's newly open energy market may yield, a total savings of $80 billion a year for companies and households....

World

Russia will not make major concessions to EU – FM Lavrov

Russia will demonstrate patience in relations with the EU, but will not make concessions on matters of key importance, the...

World

NATO ready to discuss new proposals with Moscow

NATO has no objections to discussing setting up an information exchange between Brussels and Moscow on missile launches in the...

World

Avoid Russia’s bear hug on energy by diversifying

As Presidents George Bush and Vladimir Putin met in Kennebunkport, Maine, over the weekend, Russia's leader had many reasons to...

EU

Eurozone inflation steady in June at 1.9%

The eurozone inflation remained at 1.9% in June, unchanged for the fourth month, the European Union's statistics bureau Eurostat said...

EU

Denmark opens job market to new EU members in 2008

Denmark will open its borders to workers from Eastern Europe next year, the government said Friday – IHT reports....

World

Chavez urges Russia to expand business presence in Venezuela

Venezuelan President Hugo Chavez said Friday he would like to see Russian business expand its presence in his country, especially...

EU

Eurostat: No surprises in poor and rich list of EU states

Thursday released data by Eurostat shows that GDP per citizen is the lowest in the newest EU states, Bulgaria and...

EU

European Commission sues Romania for holding “golden shares”

The European Commission decided on Tuesday to open the infringement procedures against Romania, because of the “golden share” still owned...

World

World’s efforts to reduce carbon-dioxide emissions

The World Wild Fund (WWF) last month issued organization's vision for 2050, drafted by 100 scientists and meteorologists in Geneva,...

EU

Bulgaria and Romania must work harder on justice reforms – EU

New European Union members Bulgaria and Romania must do more to reform their justice systems, according to a report by...

EU

Doubts resurface about Slovakia’s euro entry – analysis

The Slovakian central bank left its key interest rates on hold Tuesday as the new European Union member state gears...

EU

Oil prices begin trading session lower

Crude oil prices began trading Tuesday lower, dipping to $68.79 per barrel on the New York Mercantile Exchange....

EU

A key step to save the EU

After 36 hours of marathon negotiations, on the early morning of June 23rd, the EU summit in Brussels finally reached...

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

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

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...

Int'l Relations

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

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...

Int'l Relations

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...

EU

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...

World

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...

Int'l Relations

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...

Int'l Relations

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...

Int'l Relations

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...

Int'l Relations

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...

EU

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

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...