Foreign Affairs

EU

Hungarian economic growth slowed in Q4

Hungary today reiterated an earlier estimate of Q4 growth, confirming the economy lost momentum. as government measures to curb a...

World

Moscow biennale attracts new generation of Russian collectors

In just two years, Russia’s art market has leaped forward by a whole century....

World

EU edges toward accord on renewable energy target

European Union leaders neared an agreement on a binding target for renewable energies such as solar and wind power that...

World

Polish President rejects EU call for renewable target

Polish President Lech Kaczynski criticized European Union plans to fight climate change by setting a binding target for the use...

EU

EU sets binding goal for renewables

European Union governments plan to set binding targets for the use of renewable energies such as solar and wind power,...

EU

EU warns Romania, Bulgaria, Latvia to cut spending to hit goals

The European Commission warned Romania, Bulgaria and Latvia to curb spending and continue with reforms in order to meet their...

World

House backs US aid for Georgia, Ukraine to pursue NATO entry

The House of Representatives voted to make Georgia and Ukraine eligible for US aid aimed at preparing them for admission...

EU

EU prods Croatia to overhaul weak industries, combat corruption

The European Union prodded Croatia to overhaul uncompetitive industries and step up the fight against corruption to keep its EU...

Int'l Relations

Kazakhstan considers building $1 bln oil refinery in Georgia

Kazakhstan, the second-biggest oil producer in the former Soviet Union, may build an oil refinery at Batumi on the Black...

EU

Russia’s threatened ban on meat imports can be avoided

The European Union said it's confident it will be able to avoid restrictions Russia is threatening to impose on meat...

EU

EU wants India to cut tax on wine, spirit – extended

The European Union wants India to cut import duties on wine and spirits to enable companies such as Diageo Plc...

EU

EU still plans to make power networks independent

European Union regulators said they still favor plans to break up energy into separately owned suppliers and distributors, contradicting a...

World

Lukoil to invest $3 bln in refining, chemicals

OAO Lukoil, Russia's biggest oil company, will invest as much as $3 bln in refining and petrochemicals production this year...

EU

EU remains split over bid for binding renewable-energy targets – extended

European Union governments remained split over setting binding targets for the use of renewable energies like solar and wind power,...

World

Timoshenko expects early Ukraine elections, return to power

Former Ukrainian Prime Minister Yulia Timoshenko said she expects the political forces that triggered the Orange Revolution of 2004 will...

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...