Foreign Affairs

World

Gazprom gas pipeline linking Russia with Germany may face delay

OAO Gazprom's Nord Stream pipeline, a €5 bln ($6.5 bln) natural gas link connecting Russia and Germany, may be delayed...

EU

Romanian central bank probably will leave key rate unchanged

Romania's central bank will probably leave the benchmark interest rate unchanged at 8.75% today to keep a lid on inflation...

EU

Mobile-phone roaming rates fell 25% in 2006

Prices for making and receiving international mobile-phone calls in Europe fell by a quarter last year as companies introduced calling...

World

Exxon Mobil says urgent action needed to combat global warming

International efforts are urgently needed to combat global warming and prevent „serious” damage to the environment and economy, said Exxon...

World

Gazprom forms power firm with russian coal miner – extended

OAO Gazprom, the world's biggest natural-gas producer, will become Russia's largest coal miner once it completes a deal to pool...

EU

EU to import duty-free sugar for biofuels, drugs, chemicals

European Union member states approved a plan to import 200,000 metric tons of sugar without tariffs, destined for producers of...

EU

EU says aluminum producers received illegal state aid

European Union regulators said portions of French, Italian and Irish fuel subsidies for aluminum manufacturers violated rules on state aid....

EU

EU seeks e-trade without borders

The European Commission is going to overhaul rules for online transactions to make people feel safer making cross-border purchases on...

EU

Latvia’s inflation rate probably remained highest in the EU

Latvian inflation probably remained the fastest in the European Union in January after the government raised import duties and imposed...

World

Germany brokers agree to end coal mining subsidies by 2018

The German government brokered an agreement to end subsidies to coal miners by 2018, clearing the way for RAG AG,...

EU

EU urges CO2 cap for cars to encourage smaller models

European regulators recommended a cap on carbon-dioxide emissions from cars, setting up a clash with automakers as Europe extends a...

Int'l Relations

Russia, Bulgaria, Greece agree on Bosporus-bypass pipeline plan

Russia, Bulgaria and Greece signed a preliminary agreement to build a pipeline that will help relieve congestion in Turkey's Bosporus...

World

CME plans to double revenue as ad sales, prices rise, CEO says

Central European Media Enterprises Ltd., owner of television networks in six east European countries, aims to double revenue within five...

EU

EU won’t extend Polish deadline to cut deficit beyond this year

The European Union refused to extend a deadline for Poland to narrow its budget deficit within EU limits, rejecting Polish...

EU

EU warns Hungary on budget risks, says more cuts may be needed

The European Union warned Hungary that slower-than-forecast economic growth after next year may hurt the nation's deficit-cutting plans and told...

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...