Foreign Affairs

World

NATO must calm Putin missile shield fears, Germany’s Jung says

NATO must do more to allay concerns expressed by Russian President Vladimir Putin over US plans to build a missile-defense...

World

Artradis opens hedge fund to invest in Russian infrastructure

Artradis Fund Management Pte Ltd., a Singapore-based hedge fund with $1 bln of assets, will invest in infrastructure in Russia...

EU

EU proposes curbing product-safety tests to aid sales of goods

European Union regulators proposed loosening rules such as product-safety testing requirements to make it easier to sell goods across borders....

EU

EU Parliament condemns CIA flights, reopening split

The European Parliament demanded more vigilance over US secret-service flights to curb the transport of terrorist suspects to clandestine destinations,...

EU

Bulgarian police detain seven for embezzling EU farming funds

Bulgarian police detained seven local businessmen and charged them with embezzling €7.5 mln ($9.7 mln) from a European Union agriculture...

World

Russia will build oil, gas links to add 25% reserve capacity

Russia plans to build oil and gas pipelines to supply more energy to Europe and Asia and protect them from...

EU

Lithuanian January inflation rate falls to 4% on winter sales

The Lithuanian inflation rate fell to 4% in January on winter sales and falling fuel prices....

EU

Hungary’s inflation rate rose in January on food, energy costs – extended

Hungary's inflation rate rose to the highest in more than five years in January following a new round of increases...

EU

Hungarian growth slowed in Q4 on austerity measures

Hungary's economy lost momentum in the Q3 as government measures to curb a budget deficit sapped consumer spending while the...

EU

EU Parliament aims for roaming accord by July

The European Parliament plans a fast-track approval of price caps on international mobile-telephone calls in a bid to have the...

World

Russia may end oil supplies to Europe via land pipe

Russia, the world's largest oil producer after Saudi Arabia, plans to build a new oil-export link to the Baltic port...

Int'l Relations

Romania is investors’ top choice in south east Europe

Romania is the top choice for companies seeking to invest in southeast Europe, according to a survey conducted by Ernst...

EU

Merkel says EU energy market opening will be „very difficult”

German Chancellor Angela Merkel said opening Europe's electricity and natural-gas market to more competition would be „very difficult” and promised...

EU

EU may void Volkswagen law, enhancing Porsche’s power

The European Union's highest court may dismantle a law protecting Volkswagen AG from takeovers, a move that would give Porsche...

World

Oil holds below $58 on signs of steady OPEC output

Oil hovered below $58 a barrel on Tuesday after it slid $2 the previous day on signs OPEC will keep...

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...