Foreign Affairs

EU

EU pledges to boost consumers rights, avoid US-style lawsuits

European Union regulators pledged to boost consumers’ right to seek compensation for faulty products and failed deliveries, stopping short of...

World

Gazprom’s Medvedev holds meeting to speed coal accord

Russian First Deputy Prime Minister Dmitry Medvedev, the chairman of OAO Gazprom, held a meeting yesterday to speed the natural-gas...

EU

EU’s Barrot urges nations to back US aviation pact

The European Union’s transport chief urged EU governments to endorse an aviation treaty that would remove trans-Atlantic route privileges for...

EU

EU proposes to boost tax on diesel in most countries by 2012

European Union regulators proposed to boost taxes on diesel truck fuel for most of the region in five years, to...

EU

Music royalty group offers EU licenses to avoid antitrust fine

A group of music royalty collection societies has offered to allow broadcasters pan-European copyright licenses, seeking to avoid antitrust fines...

EU

EU lawmakers curb bank regulators’ power over mergers

European Union lawmakers passed a measure to fight protectionism in financial services by reining in regulators' power to block takeovers....

EU

Slovak February inflation slows, suggesting rate cut

Slovakia's inflation rate fell in February as the effect of last year's increases in energy prices waned, boosting chances the...

EU

Hungary’s inflation rate rose in February on gas, medicines

Hungary's inflation rate rose to the highest in almost six years in February because of higher prices of regulated items...

World

Putin to boost Italy trade ties, sign greek oil pipeline pact

President Vladimir Putin will cement Russia’s burgeoning trade ties with Italy this week on a visit that includes his first...

World

Cameco to be first foreign uranium explorer in Russia

Cameco Corp. agreed with Russia's state-owned nuclear trader to become the first foreign miner to explore for uranium in the...

World

Russian nuclear agency targets Enel for East European contracts

Sergei Kiriyenko, chief of Russia's nuclear energy agency, will travel to Rome this week to sign an agreement with Italy's...

EU

EU imposes 5-year duties on Chinese welding product

The European Union imposed five-year tariffs on a welding product from China to shield Austria’s Plansee Metall GmbH from cheaper...

EU

Romanian January trade deficit widens on increased EU imports

Romania's trade deficit widened in January from a year earlier as it joined the European Union, completing the opening of...

World

Ovcharov calls on EU to join Bulgaria in use of nuclear energy

Bulgarian Energy Minister Roumen Ovcharov urged fellow members of the European Union to join his country in turning to nuclear...

EU

EU leaders seek accord on regulating roaming prices by end June

European Union leaders agreed that a regulation to force mobile-phone operators such as Vodafone Group Plc to cut prices for...

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...