Foreign Affairs

Int'l Relations

Falcon confident it can develop Hungarian gas field

Falcon Oil&Gas Ltd., the Canadian energy company that found natural gas in Hungary, said it's confident it can start production...

World

German coalition resumes atomic dispute amid Russia oil impasse

Germany has resumed squabbling over nuclear energy with Merkel's Christian Democrats urging a rethink of plans to phase it out...

EU

EU proposes ending import duty on unalloyed aluminum in 2009

European Union regulators recommended ending a tariff on imports of unalloyed aluminum within two years to increase shipments from Russia,...

World

Russia oil row hits Europe supply – extended

Russia has cut oil supplies to Poland, Germany and Ukraine amid a trade row with its neighbour Belarus. Russian oil...

World

Petroleum supply on Druzhba pipeline could be halted, Kóka warns

Economy Minister János Kóka warned on Monday that crude oil shipments from Russia coming along the Druzhba (Friendship) pipeline could...

EU

Mol to cut petrol prices as of Wednesday

Hungarian oil and gas company Mol Nyrt, the country's largest fuel distributor, will lower the price of 95-octane petrol by...

EU

Goldman Sachs says France and Germany to lead European stocks advance

France and Germany will lead gains in European equity markets in 2007 because their companies' products will benefit from demand...

World

Russia oil pipeline to Poland, Germany halted – extended

Oil supplies to Poland and Germany through Russia's Druzhba pipeline were halted overnight but the cause was unknown, Polish officials...

EU

EU will sign food export agreement with Russia on January 19

The European Union will sign an agreement with the Russia government on January 19 that pledges to ensure food exports...

EU

EU will sign food export agreement with Russia on Jan. 19

The European Union will sign an agreement with the Russia government on Jan. 19 that pledges to ensure food exports...

EU

Europe inflation holds below ECB limit for 4th month

Inflation in the euro area held below the European Central Bank's 2% ceiling in December for a fourth month as...

EU

Lithuanian wealth takes priority over euro

Lithuania's finance minister, who oversaw the country's failed attempt to adopt the euro, said giving citizens a „better life” should...

EU

Bulgarian central bank sends €3.56 Mln to ECB on EU entry

The Bulgarian central bank transferred €3.56 mln ($4.7 mln) of its €50.83 mln stake in the European Central Bank as...

EU

Merkel: „Boost EU-US trade ties”

German Chancellor Angela Merkel has said she wants to see „ever-closer economic co-operation" between the 27-nation EU and the US....

EU

Gazprom increases natural-gas prices for Latvia by 50% in 2007

OAO Gazprom, Russia's natural-gas export monopoly, will charge Latvia an average 50% more for the fuel as part of its...

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

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...

Hungary Signals Interest in Hosting 2036 Olympics

The Int'l Olympic Committee confirmed that Hungary is among seven countries engaged in ongoing dialogue and has formally expressed interest...

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...

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 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...

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 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...

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...

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...

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...

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...

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...

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...

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...

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 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...