Foreign Affairs

EU

Richter signs exclusive distribution contract for cancer pain drug in CIS, Bulgaria and Romania

Hungarian drug company Richter announced on Tuesday it had signed an agreement with Orexo to be the exclusive distributor of...

EU

Russia retreats from threat to ban EU meat imports

Russia backed off from a threat to ban meat imports from the European Union starting January 1, averting a trade...

EU

Southeast European nations agree to deepen free-trade zone

Seven nations in Southeast Europe and the region of Kosovo agreed to deepen a free-trade zone next year to boost...

EU

Hungary to submit emissions credits scheme for 2008-2012 by final deadline

Hungary will submit its plan for the allocation of carbon emissions quotas in 2008-2012 to Brussels by January 19, the...

EU

EU Nations reject call to force Austria to lift gene-corn ban

European Union governments rejected a European Commission proposal to force Austria to end its ban on two gene-modified corn varieties,...

EU

Public support for EU down in Hungary

Fewer Hungarians are happy with the country being a member of the European Union than the average, the latest Eurobarometer...

EU

Hungary’s central bank keeps benchmark rate unchanged – extended

Hungary's central bank kept its benchmark interest rate, the European Union's highest, unchanged for a second month as the forint's...

EU

Popular support for EU declines as bloc grapples with expansion

Support for European Union membership among EU residents is declining as the bloc grapples with expanding eastward, according to a...

EU

EU plans to streamline farm rules to reduce bureaucracy, costs

European Union regulators approved a single set of rules to cut down on the bureaucracy of farming in the 25-nation...

EU

Eastern Europe’s economic growth is bolstered by EU membership

The eight former east European communist nations that joined the European Union in 2004 are growing richer, led by Estonia,...

EU

EU nations approve chemical rules, ending three years of talks

European Union governments approved stricter rules for chemicals used in goods from shirts to mobile telephones, removing the last obstacle...

EU

Hungary’s central bank to keep rates unchanged

Hungary's central bank probably will keep its benchmark interest rate, the European Union's highest, unchanged for a second month as...

EU

EU to scrap corn payments before Romania joins bloc

The European Union's executive agreed to scrap payments for putting corn into public storage in an effort to cut ballooning...

EU

Liberalization of postal market to improve services

The government's plan to liberalize Hungary's postal services aims at ensuring consumers stable and higher-quality services, a state secretary at...

World

Gazprom, Ukraine in talks on raising Europe gas flows

OAO Gazprom, the sole Russian exporter of natural gas, is in talks with Ukraine on boosting shipments of the fuel...

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...