Foreign Affairs

World

US Congress turns focus to energy bills: report

With US gasoline prices near record levels the US Senate may take up an energy bill late Tuesday to strengthen...

EU

ECB’s Trichet: „Our monetary policy is still on the accommodative side”

Jean-Claude Trichet told MEPs on Monday that „upside risks to price stability prevail over the medium term” and that monetary...

EU

EU to phase out public intervention in maize purchases

EU agriculture ministers agreed on Monday to phase out public intervention purchases for maize over a three-year period beginning this...

World

Thailand to enforce bio-diesel use in April next year

Thailand will enforce the mandatory use of bio-diesel at 10,000 petrol stations nationwide on April 1, next year, the Minister...

World

StatoilHydro looking at close collaboration with Russia

Russian and Norwegian interests meet in the far north and the Arctic. The new StatoilHydro company has big ambitions in...

EU

Romania’s April unemployment rate is 4.5 %

Romania’s unemployment rate in April 2007 was down to 4.5 % on last year’s April when it reached 5.8 %,...

EU

East European countries slow down reforms, says World Bank

The pace of reforms in East European countries members of the EU slowed down, World Bank (WB) said in a...

EU

China urges intensified prevention and control of blue-ear pig disease

China’s Ministry of Agriculture on Thursday issued a notice to call for intensified prevention and control of blue-ear pig disease...

EU

Bid to ban fast cars from Europe

There are calls for the European Union to ban the making of cars that can go at more than 162...

EU

EU governments agree to cut roaming fees

EU governments agreed to cut the cost of using mobile phones abroad Thursday, paving the way for a cap on...

World

Energy security in Europe

Calls for a European energy policy that simultaneously guarantees security of supply, environmental performance and competitive prices present an „unsolvable...

World

TechnoPark Corp. introduces German version of corporate web site

TechnoPark Corp., a US based outsourcing software development firm with offshore operations in the Ukraine, Eastern Europe, introduced its new...

Int'l Relations

Netherlands is Russia’s largest direct investor

Direct investment to Russia from the Netherlands in the first quarter of this year hit $7.76 billion, the Russian agriculture...

EU

ECB to raise key interest rate to 4.00% today

The European Central Bank is expected to raise its key interest rate to 4.00% at the meeting of its Governing...

EU

EU officials have stolen €60 mln

The European Anti-Fraud Office (OLAF) has probed into EU officials who are suspected of having misappropriated €60 million in 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

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...