Foreign Affairs

EU

Agreement on RRF funding hinges ‘only on EC’, Gulyás says

An agreement on Hungary's Recovery and Resilience Facility (RRF) funding now depends only on the European Commission, as the government...

Int'l Relations

U.S. terminates double taxation avoidance agreement with Hungary

The United States has terminated its double taxation avoidance agreement with Hungary signed 43 years ago, Minister of Foreign Affairs...

Ukraine Crisis

Gas Woes, Support for Ukraine, and Talking Peace

Prime Minister Viktor Orbán discussed matters of cooperation with Ukrainian President Volodymyr Zelenskyy over the phone on June 21, according...

Ukraine Crisis

High energy prices weakening Europe, euro, Orbán says

Prime Minister Viktor Orbán said higher energy prices are weakening Europe and the euro in a post on Facebook late...

EU

Talks on RRF advance as govt accepts EC recommendations

Talks with the European Commission (EC) on Hungary's Recovery and Resilience Facility (RRF) funding are "progressing", Gergely Gulyás, the head...

World

EU guarantee supports EBRD in loans to key Ukraine companies

The European Bank for Reconstruction and Development and European Union are further strengthening their already close cooperation on supporting Ukraine...

EU

EU Parliament gives the green light for Croatia to join eurozone

The members of the European Parliament have voted in favor of Croatia's bid to become a member of the eurozone,...

Int'l Relations

Hungary opens consular office in London

Minister of Foreign Affairs and Trade Péter Szijjártó opened a consular office in London on Tuesday, according to a report...

World

Szijjártó: NATO should support stability to decrease migration

Hungary is defending Europe's borders, and NATO should support countries that, by preserving their stability, contribute to the outside defense...

EU

Croatia gets first installment of EUR 700 mln under RRF

The Croatian government said on Tuesday it received the first installment of EUR 700 million under the Recovery and Resilience...

EU

Hungary sends response to EC over rule of law concerns

"As usual, we sent our reply to the Commission's letter on the rule of law in time," Justice Minister Judit...

Int'l Relations

Hungary, Bavaria sign another 3-year cooperation program

Hungary and Bavaria have signed another three-year cooperation program, Minister of Foreign Affairs and Trade Péter Szijjártó said on Thursday,...

EU

EC scrutinizes MOL-OMV Slovenija deal

The European Commission on Thursday said it opened an in-depth investigation to assess the planned acquisition of OMV Slovenija by...

EU

EC clears EUR 1.14 bln support scheme for Hungarian companies

The European Commission on Tuesday said it approved a EUR 1.14 billion Hungarian scheme to support companies that have been...

World

Net FDI into Bulgaria trebles on year in Jan-Apr

The net inflow of foreign direct investment (FDI) into Bulgaria expanded to some EUR 653.2 million in the first four...

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...