Foreign Affairs

EU

EU gives Poland final warning over Via Baltica road project

European Union regulators warned Poland a second time about building a highway to Finland, clearing the way for a possible...

EU

Floods: risk plans must be more detailed

In 2005 catastrophic floods caused 40 deaths in Europe, mainly in Romania but also in Germany, Switzerland and Austria....

World

Repsol, BP, European oil companies struggle to boost output

Repsol YPF SA, Europe's fifth-biggest oil company, joined BP Plc and Royal Dutch Shell Plc in cutting production forecasts after...

World

Russian 2006 arms exports reach a record $6.5 bln

Russia, the biggest supplier of weapons to developing countries, exported $6.5 bln of arms last year, a post-Soviet record for...

EU

EU Parliament members split on regulating retail roaming prices

European Parliament members are divided on whether mobile-phone operators should be given more time to lower prices for international mobile-telephone...

EU

Croatia may enter EU by 2011, later than plan – Raiffeisen says

Croatia may join the European Union by 2011, later than the government's plan to become part of the 27-member bloc...

World

Citic resources is rated „buy” at CLSA on Kazakh plan

Citic Resources Holdings Ltd., a unit of China's fourth-largest oil producer, had its shares rated „buy” by CLSA Ltd. because...

World

Japan, Russia to begin nuclear fuel enrichment talks

Japan and Russia will begin talks aimed at allowing Russian companies to enrich spent nuclear fuel for Japanese power utilities,...

EU

Vote on EU-wide piracy penalties

A key vote in the European parliament could move member states closer to Europe-wide criminal penalties for counterfeiting and intellectual...

EU

EU steps up pressure on Germany over telecom law

The European Union stepped up pressure on Germany to lift legal protections that shield Deutsche Telekom AG from competition, threatening...

EU

Hungary’s central bank keeps key rate unchanged

Hungary's central bank left its benchmark interest rate unchanged for a fourth month until policy makers get more evidence how...

EU

Slovak central bank to leave key rate unchanged

Slovakia's central bank will probably keep its benchmark interest rate unchanged for a fifth month as inflation has yet to...

EU

EU scales back Spain’s 2008-12 emissions-permit plan

European Union regulators reduced Spain's new air-pollution permits for energy and manufacturing companies in a fresh bid to ensure companies...

World

Oil rises for a fourth day on Iran nuclear dispute, snowstorm

Crude oil rose for a fourth day on concern that the dispute over Iran's nuclear program may disrupt Middle East...

EU

EU telecom group is ready to change role to boost competition

A group of European Union telecommunications regulators said it's ready to use enhanced powers to give competitors of former monopolies...

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...