Foreign Affairs

Visits

Thursday – US President George W. Bush visits Hungary

World

Chinese Sinopec buys Udmurtneft from TNK-BP

Russia's second largest oil firm TNK-BP has agreed to sell its mid-sized oil unit Udmurtneft to China's Sinopec, TNK-BP said...

EU

European Government Bonds May Fall on Concern Inflation Is Accelerating

EU

Mol to raise fuel prices on Thursday

Hungarian oil and gas company Mol Rt, the country's major fuel distributor, will raise the price of 95-octane petrol by...

EU

VPOP tightens control of excise goods from non EU countries

Hungary's Customs and Excise Office (VPOP) has strengthened controls on excise goods entering Hungary from non European Union countries, the...

EU

Mol union calls off strike

A union at Hungarian oil and gas company Mol Rt has called off a strike planned for Tuesday, Mol spokesman...

EU

CEZ sets up Hungarian unit

CEZ, the Czech Republic's biggest energy company, has set up a trading unit in Hungary, to start operating from June...

EU

Broadband internet users at 6% of population

The number of Hungarians with broadband internet access was 6.14 out of every 100 residents at the end of 2005,...

World

Hungary reports 15% CO2 permit surplus for 2005

Hungary, the third-largest economy among the 10 newest European Union countries, allocated permits for 15% more carbon dioxide than the...

EU

EC congratulates Gyurcsány, calls for convergence program

European Commission President Jose Manuel Barroso congratulated prime minister Ferenc Gyurcsány on his election victory on Monday....

EU

Járai warns against currency instability

The stability of the forint is at serious risk because politicians are so wrapped up in the election campaign that...

EU

Hungary to receive €20 mln refund from EU budget surplus

Hungary is to receive a €20 million refund from the 2005 EU budget surplus, the European Commission announced....

Visits

Orbán withdraws bid to be Prime Minister

Opposition leader Viktor Orbán withdrew his candidacy to become the country's next prime minister and proposed a new joint candidate...

EU

Negotiators reach agreement on EU budget pact

The European Union moved closer to settling a divisive budget dispute after negotiators rejected most demands for more spending, increasing...

EU

EU warns Hungary over tobacco advertising

The European Union on Tuesday sent a letter of formal notice to four member states including Hungary for unsatisfactory compliance...

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...