Foreign Affairs

EU

In postal market deregulation, government aims to improve services, minimise layoffs

With the planned deregulation of Hungary's postal services, the government aims to ensure consumers are offered stable and higher-quality services....

EU

EU agrees to scrap corn subsidies before Romania joins bloc – extended

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

EU

EU welcomes Romania, Bulgaria, slows bid of Turkey

Romania and Bulgaria clinched membership in the European Union, as the EU set limits on further enlargement by putting the...

EU

EU members must pay back €263.5 mln of misspent farm aid

European Union regulators will claim back €263.5 million ($347.3 million) from member governments that misspent EU agriculture funds....

EU

EU approves 3.2% budget increase to €115.5 bln in 2007

The European Union approved a 3.2% spending increase next year, the first annual EU budget for 27 member states. The...

EU

EU plans to abandon corn payments propping oversupplied market

The European Union plans to abandon payments to put corn in public storage because the crop, known as maize in...

EU

Hungary ready to meet all EU border control requirements by summer 2007

Hungary will be ready to meet all border control requirements set by the European Union's Schengen Agreement by the summer...

Int'l Relations

Hungary doles out huge grants to businesses compared to EU average

Hungary's state subsidies for businesses are the second highest in the European Union after Malta in proportion to GDP, said...

EU

France, Italy may be fined for breaching EU’s environment laws

The European Union's executive asked the bloc's highest court to fine Italy and France for violating EU rules, saying the...

EU

EU presses Italy, Hungary, Denmark on emissions caps

European Union regulators told Italy, Hungary, Denmark and Austria to draft new air-pollution caps for energy and manufacturing companies or...

World

NATO expansion a „huge mistake,” Russian Foreign Minister says

The expansion of NATO to Russia's borders is a „huge mistake” that benefits no one and doesn't make the world...

EU

Hungarian inflation rate rose on food, heating cost – extended

Hungary's inflation rate, the European Union's highest, rose in November as prior increases in energy prices and taxes continued to...

EU

EU to strengthen chemical controls, prompting industry protests

The European Parliament will tighten rules on the use of chemicals in goods from shirts to mobile phones, sparking industry...

Int'l Relations

Romanian leu, world’s top performer, may rise in 2007

Romania's leu surpassed all European currencies to become the world's best performer this year and is poised for more gains...

EU

EU gives Romania, Bulgaria extra year to meet food standards

Bulgaria and Romania, the former communist economies joining the European Union next month, were given a year to improve 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...