Foreign Affairs

World

Hungary lagging in defense spending

At a press conference held yesterday, NATO secretary general Jaap de Hoop Scheffer criticized Hungary on defense spending, daily Népszabadság...

EU

EU outlines plans to expand Emissions Trading System

The European Union outlined ways to widen its system for trading air-pollution credits, seeking to break the international deadlock over...

EU

EU says five nations must pay €57 mln over sugar stocks

Five European Union nations were fined about €57 million ($73 million) for failing to scale back sugar stocks that exceed...

World

Romania, joining EU, to cut role of unreliable Russian gas

Romania, set to join the European Union Januar 1, will build more nuclear reactors and may reopen coal mines to...

EU

Hungary’s inflation rate probably rose in October on energy

Hungary's inflation rate, the highest in the European Union, probably rose to a two-year high in October because of increases...

Int'l Relations

Audi to set up R&D institution in Hungary, bring further investments

Audi chairman Martin Winterkorn meets Gyurcsány to sign the deed of foundation of the Audi Research & Development Institution....

EU

EU expects to miss a second target for using biofuels

The European Union will probably miss a 2010 target to use more alternative fuels, the second time it will fall...

EU

Permira wins EU antitrust approval to buy Hungary’s Borsodchem

Permira Advisers LLP secured European Union antitrust approval to buy Hungarian chemicals producer Borsodchem Nyrt....

EU

EU pushes former Yugoslav republics to reform

Former Yugoslav republics need to work harder to modernize their economies and root out corruption to improve their prospects of...

EU

EU to criticize Turkish progress

The European Commission is to issue a critical verdict on Turkey's progress towards EU membership, while trying to avoid a...

Visits

Orbán, Hungary’s firebrand from 1989, risks future on streets

Viktor Orbán, the firebrand Hungarian youth leader who helped negotiate free elections in 1989 after 40 years of communism, spent...

EU

EU says diesel-car price may rise €590 from new caps

The price of diesel cars in the European Union would rise by €590 ($755) a vehicle over the next decade...

EU

Venture capital association urges uniform regulatory environment in EU

The Hungarian Venture and Private Capital Association (MKME) urges a uniform system for the regulation of venture capital investments in...

EU

EU in showdown over working time

EU employment ministers are holding crunch talks on an EU working hours law that may weaken a UK opt-out from...

EU

Romania will be EU’s most corrupt new member

Romania will be the European Union's most corrupt member when it joins the bloc on Januar 1, according to independent...

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...