Foreign Affairs

EU

EU finance chiefs end deficit procedure against Germany

European Union finance ministers on Tuesday agreed that Germany is no longer in breach of the bloc’s financial rules and...

World

Climate change a reality

The Kyoto Treaty has its stipulations of which none are unfounded and all of its adherents have not compromised with...

EU

US visa issue causes EU divisions

All Europeans may in the future have to obtain online visas if they want to travel to the United States,...

World

Global Steel to invest $1.1 bln in Montenegro

Global Steel Holdings is set to invest $1.1 billion in Montenegro. The company is the offshore investment arm of the...

World

There’s a crisis here somewhere – Ukraine

Moscow correspondent of the Economist newspaper reported from Kiev, the capital of Ukraine....

EU

Eurozone unemployment declines to record low in April

The eurozone unemployment remained on course of decline, dropping to a new record low in April, the European Union's statistics...

Int'l Relations

Russian regulator puts off TNK-BP gas license decision

A Russian committee delayed a decision Friday on whether to revoke the license for a eastern Siberian gas field held...

Visits

Greek, Hungarian PMs discuss energy, transport, tourism cooperation prospects

Prime Minister Costas Karamanlis met here on Friday with his Hungarian counterpart Ferenc Gyurcsány for talks on bilateral relations and...

World

Russia-EU visa facilitation, readmission deals enter force

Certain categories of Russians will no longer be subjected to a lengthy process to obtain EU visas as a bilateral...

EU

EU environment ministers discuss ‘ecological industrial policy’

European Union environment ministers gathered in Germany on Friday to discuss how new technology can help slow global warming and...

EU

World Bank report: Bulgaria’s export growth among highest in EU’s new members

Bulgarian export grew at much higher rates than the one in most new EU member states, recent economic report of...

EU

Switzerland opens borders to European workers – not affect EU members after 2004

From June 1 workers from 20 countries in the European Union and the European Free Trade Association (Efta) will have...

World

Finland’s Neste inaugurates €100 mln biodiesel plant

Neste Oil Corp. on Thursday inaugurated a second-generation biodiesel plant that will begin to supply customers with environment-friendly fuel in...

EU

Postal liberalization set for delay

Members of a key committee in the European Parliament are set to demand a delay in reforms as plans to...

World

China opens nuclear power industry to private, foreign investors

Domestic and foreign companies will be allowed to invest in China's nuclear power generating projects but cannot hold a controlling...

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...