Foreign Affairs

EU

Deal brokered in Brussels allows Hungary continued access to pipeline oil

European Union leaders have agreed to allow deliveries of Russian oil via pipeline with unchanged conditions, Prime Minister Viktor Orbán...

Int'l Relations

Orbán talks with Johnson by phone

Prime Minister Viktor Orbán spoke with his UK counterpart Boris Johnson by phone late Friday, the PM's press chief told...

Ukraine Crisis

Ukraine Crisis: EU cracks widen as Italy, Cyprus, Hungary urge truce

Italy, backed by Hungary and Cyprus, has urged the European Union to call for a ceasefire in Ukraine and peace...

Int'l Relations

Orbán, Le Pen meet in Paris

Prime Minister Viktor Orbán has met with Marine Le Pen, the head of France's National Rally, in Paris, the PM's...

Ukraine Crisis

Ukrainian Crisis: Hungary could transship 5 mln tonnes of grain

Hungary could take over the transshipment of as much as five million tonnes of Ukrainian grain by rail if it...

EU

EU recommends more spending on green, digital transition

European Union leaders urged Hungary to expand public investment for the green and digital transition and for energy security, while...

EU

Ukraine Crisis: CEE states to receive refugee aid from EC

The European Commission has decided to provide EUR 248 million to Hungary alongside the Czech Republic, Poland, Romania, and Slovakia....

World

Romania wants to ban teachers from tutoring their students in private

Romania will enforce a law prohibiting teachers from privately tutoring students from their in-school classes as early as the coming...

EU

Navracsics: Hungary could sign RRF by H2

Tibor Navracsics, Prime Minister Viktor Orbán's pick as the minister for regional development and utilization of European Union funding, told...

Int'l Relations

President Biden Nominates Hungarian Ambassador

United States President Joe Biden has announced his intent to nominate David Pressman for Ambassador to Hungary, according to a...

EU

EC lowers Hungary 2022 GDP growth forecast to 3.6%

The European Commission lowered its projection for economic growth in Hungary this year to 3.6% in a spring forecast published...

World

Hungary backs NATO membership applications by Finland, Sweden

Hungary supports applications for membership in NATO by Finland and Sweden, Minister of Foreign Affairs and Trade Péter Szijjártó said...

World

Polish Parliament adopts basic PIT rate cut

Poland's Parliament (Sejm), the lower house of parliament, on Thursday voted in favor of reducing the Personal Income Tax (PIT)...

Ukraine Crisis

Transshipment of Ukrainian grain thru Hungary jumps

The transshipment volume of Ukrainian grain through Hungary jumped in April as traders sought alternatives to Black Sea delivery routes,...

Ukraine Crisis

How Might war in Ukraine Affect Emerging Markets?

We have all heard the adage that a butterfly flapping its wings in the Amazon could affect the weather patterns...

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...