Foreign Affairs

Ukraine Crisis

Hungary, Ukraine to Seek EU Funding for Cross-border Road Infrastructure

Hungary and Ukraine will jointly request European Union funding to upgrade and expand road and border crossing infrastructure, Ministry of...

EU

EC Lowers Hungary 2023 GDP Growth Forecast 

The European Commission lowered its projection for Hungary's GDP growth next year to 0.1% in a fall forecast published recently,...

Ukraine Crisis

Hungary Wins gas Price cap Exemption

The European Commission’s latest proposal to fight high energy prices and ensure security of supply announced on October 18 will...

World

Romania C. Bank Hikes Key Rate to 6.75%

The National Bank of Romania raised its key monetary policy rate by 50 basis points to 6.75% on its meeting...

Int'l Relations

Hungary Signs Framework Deal on 2nd Swiss Contribution

An agreement on a new Swiss-Hungarian Cooperation Program, part of the second Swiss contribution for strengthening cohesion in Europe, was...

Ukraine Crisis

Hungary Doesn’t Back Joint EU Borrowing for Ukraine

Hungary is prepared to assist Ukraine, but doesn't support joint European Union borrowing for the purpose, Finance Minister Mihály Varga...

EU

EC Approves Hungary CAP Strategic Plan 

The European Commission on Monday approved Hungary's Common Agricultural Policy (CAP) Strategic Plan for 2023-2027, clearing the way for the...

EU

Czechia to Get EUR 31.9 mln to Strengthen EU Outer Border Protection

Czech Republic is set to receive some CZK 780 million (appr. EUR 31.9 million) from the EU for strengthening the...

EU

EU Commission to Grant Macro-financial Aid to Moldova

The European Commission will grant Moldova a non-reimbursable financial support of EUR 52 million, the country's Finance Ministry announced on...

EU

Hungary Excluded From EUR 100 mln in EC Refugee Support

The European Commission will release an additional EUR 100 million (HUF 41.06 billion) to seven EU member states hosting Ukrainian...

World

EBRD Continues Support for Renewables in Turkey

The European Bank for Reconstruction and Development said it is extending up to USD 45 million in financing to Galata...

EU

Hungary Integrity Authority Could Start Operating From Nov 19

Hungary's Integrity Authority, a state administrative body autonomous of the government and other state organizations established to address concerns aired...

EU

EC Launches Probe of State Aid for Car Parts Investment in Hungary

The European Commission on Thursday announced the launch of an in-depth investigation to assess whether EUR 43.8 million in government...

EU

EC to Disburse EUR 3 bln in Pre-financing to Romania 

Romania's Ministry for Investments and European projects said that the European Commission has authorized the payment of approximately EUR 3...

EU

Hungary Opposed to Mandatory Joint EU Gas Procurement

Hungary will only support voluntary participation in a joint European Union gas procurement platform, Minister of Foreign Affairs and Trade...

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

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

U.S. Resumes Immigrant Visa Processing for Hungarian Nationals

The U.S. administration resumed processing immigrant visa applications from Hungarian and Polish nationals last week, news agency Reuters reported late...

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...

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 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...

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 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...

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...

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...

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...

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...

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...

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...

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...

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 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...

U.S. Resumes Immigrant Visa Processing for Hungarian Nationals

The U.S. administration resumed processing immigrant visa applications from Hungarian and Polish nationals last week, news agency Reuters reported late...