Foreign Affairs

EU

Romania, Bulgaria party on EU entry with fireworks

Romanians and Bulgarians celebrated with fireworks, pop music concerts, dances and laser-light shows as the two former communist countries joined...

EU

EU introduces polyester-fiber duties against Taiwan, Malaysia

The European Union imposed tariffs on polyester fibers from Taiwan and Malaysia to protect EU producers including Ireland's Wellman International...

EU

Romania’s central bank keeps benchmark rate unchanged

Romania's central bank refrained from cutting interest rates as European Union membership on January 1 raises concerns consumer prices may...

EU

Slovenia joins the euro club as faster-growing neighbors wait

Slovenia on January 1 becomes the first former communist state to adopt the euro, less than three years after joining...

World

Group 4 buys safety training company Tuin BV for €1.8 mln

Group 4 Securicor Plc, the world's second-largest security company, bought Tuin BV of the Netherlands for €1.8 million ($2.4 million)...

EU

Bejeweled cows? Romanians strive to sort EU myth from reality

When Romania joins the EU on January 1, cows will sport earrings, homeowners will have to petition Brussels to chop...

EU

EU extends tariffs on Japanese TV cameras to protect Thomson

The European Union prolonged for five more years tariffs on Japanese television cameras to shield France's Thomson SA from cheaper...

World

EU prolongs Russia, Ukraine, Belarus, Algeria fertilizer duties

The European Union extended for five more years tariffs on a liquid nitrogen fertilizer from Russia, Ukraine, Belarus and Algeria...

EU

EU money laundering law „flawed’

Efforts to tackle money laundering across Europe have been hampered by the flawed implementation of a crucial EU directive, a...

EU

EU raises tariffs on Belarus in protest over rights violations

European Union governments approved trade sanctions on Belarus because of labor-rights violations, denying tariff benefits for €400 million ($529 million)...

EU

Germany, Greece limit labor market access for Romania, Bulgaria

Germany and Greece said they will not allow workers from Bulgaria and Romania free access to their respective labor markets...

EU

Europe says all airlines to trade emissions in 2012 – extended

European and international carriers including EasyJet Plc, British Airways Plc and American Airlines would be required to curb emissions under...

World

Call for action to soften economic impact of rising energy prices

Europe should act now to prevent increasing energy prices damaging Europe’s economy, according to a report adopted on Wednesday by...

EU

Greece to delay free flow of workers from Bulgaria and Romania

Greece said it won't allow the free entry of workers from Bulgaria and Romania when the two Balkan nations join...

EU

EU denies full rights to Bulgaria’s airlines on safety concerns

The European Union put Bulgaria's airlines on a safety watchlist, curbing their access to EU routes two weeks before the...

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...