Foreign Affairs

Visits

Mol officials meet with Indian oil and gas minister

Top officials of Hungarian oil and gas company Mol Nyrt on Monday met with Indian Minister of Petroleum and Natural...

Visits

Hungarian president pays introductory visit to Vatican

Pope Benedict XVI received Hungarian President László Sólyom for a private audience Monday morning....

EU

Mol to lower wholesale petrol, diesel prices from Wednesday

Hungarian oil and gas company Mol Nyrt will lower the wholesale price of 95-octane petrol by Ft 2 and diesel...

EU

Hungary to join efforts to set up central European energy authority

Hungary will join Italian prime minister Romano Prodi's initiative to set up a joint European electricity services authority, Hungarian Minister...

EU

China may face more anti-dumping probes from EU

China may face more anti-dumping inquiries started by the European Union this year as the 25-nation bloc tries to protect...

World

GE, Siemens, Toshiba seek Russian nuclear venture

Russia, the world's second-largest supplier of nuclear fuel, is in talks with General Electric Co., Siemens AG and a unit...

EU

EU imposes tariffs on ironing boards from China and Ukraine

The European Union imposed tariffs of as much as 38.1% on ironing boards from China and Ukraine, seeking to shield...

EU

European inflation probably held below ECB goal on oil decline

Inflation in the 12-nation euro region probably held below the European Central Bank's limit for a second month as oil...

World

Russia agrees to borrow to expand uranium industry

Russia agreed to borrow „tens of billions” of rubles to finance the expansion of the country's nuclear energy industry....

World

EU should press Putin to open energy market

The European Union has the leverage to induce President Vladimir Putin to allow more foreign energy investment because of the...

EU

Hungarian forint may gain on views bank to keep raising rates

The Hungarian forint may advance for a fifth day in six on speculation the central bank will continue raising interest...

Visits

Budapest police, protesters clash on day of uprising – photo update

Police in Budapest used tear gas, rubber bullets and water cannons to disperse thousands of protesters as demonstrations against the...

World

Hungary supports NATO enlargement

Hungary supports another wave of enlargement of NATO, which would boost stability and integration in the region, Foreign Minister Kinga...

EU

Poor nations need trade accords with EU to grow

European Union Trade Commissioner Peter Mandelson defended an overhaul of agreements with poor nations in Africa and the Caribbean, saying...

EU

UK wants airlines to join EU carbon trading by 2008

The aviation industry should join the European Union's greenhouse gas trading system as early as 2008, UK Environment Secretary David...

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...